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Mankind Pharma IPO Date, Price, Review, GMP

Mankind Pharma IPO Date, Price, Review

Mankind Pharma IPO: Know everything about Mankind Pharma IPO. Mankind Pharma Limited IPO Date, Mankind Pharma IPO Review and analysis. We will discus about Mankind Pharma IPO Benefits & Risks. Also, all information related to Mankind Pharma IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Mankind Pharma IPO

    Mankind Pharma IPO

    Mankind Pharma is one of the largest pharmaceutical companies in India (based on domestic sales). Mankind Pharma Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs - crore through IPO (Initial public offering).

    Mankind Pharma IPO will open on 25 April 2023 and close on 27 April 2023. The price band of the Mankind Pharma IPO is ₹1026 to ₹1080. Mankind Pharma IPO size is 4326 Crores. The offer includes [0] Crores under fresh issue and 4326 Crores under offer for sale. Mankind Pharma IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Mankind Pharma IPO listing date is 08 May 2023. You can know about Mankind Pharma IPO GMP (Grey Market Premium) below.

    Mankind Pharma has given good financial performance. The company made a profit of ₹1452 crores in the financial year 2022. The IPO of Mankind Pharma will be listed on NSE and BSE. Mankind Pharma IPO face value is ₹1 per equity share.

    We will talk about Mankind Pharma financials, benefits, and risks of investing in the company.

    What is Mankind Pharma IPO Date?
    Mankind Pharma IPO Date is 25 April 2023.

    What is Mankind Pharma IPO Price Band?
    Mankind Pharma IPO Price Band is ₹1026 to ₹1080.

    What is Mankind Pharma IPO Expected Return?
    Mankind Pharma IPO Expected Returns is approx 8%.

    About Mankind Pharma International Ltd

    Mankind Pharma was incorporated in the year 1991. Presently Mankind Pharmaceuticals is one of the largest pharmaceutical companies in India (based on domestic sales). The company is engaged in the development, manufacturing, and marketing of a variety of Pharmaceutical Formulations of Health Products.

    The company operates 23 manufacturing facilities across India including the states of Sikkim, Himachal Pradesh, Rajasthan, Uttarakhand, and Andhra Pradesh as on March 31, 2022. Apart from India, the company's major markets include the United States, Sri Lanka, Bangladesh, and Nepal.

    Apart from branded generic drugs, Mankind Pharma's flagship products include Prega-News Pregnancy Testing Kit, Manforce Condom, Gas-O-Fast Ayurvedic Antacid, and acne treatment drug Acnestar.

    Important Links

    Purpose of the offer

    • To prepay/repay all or a part of the dues raised by the company.
    • To finance capital expenditure requirements.
    • To meet general corporate objectives.

    Mankind Pharma IPO Date and Price Band Details

    Mankind Pharma IPO open date: 25 April 2023, Closing date: 27 April 2023, and Listing date: 08 May 2023. The price band of Mankind Pharma IPO is ₹1026 to ₹1080 per share. Mankind Pharma IPO issue size is Rs 4326 crores. Mankind Pharma IPO retail portion is 35%, the QIB portion is 50%, and NII Portion is 15%.
    IPO Open:25 April 2023
    IPO Close:27 April 2023
    Listing Date:08 May 2023
    Listing On:NSE & BSE
    IPO Size:Approx ₹4326 crores
    Fresh Issue:Approx ₹- crores
    Offer For Sale:Approx ₹4326 crores
    Price Band:₹1026 to ₹1080 per share
    Face Value:₹1 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Mankind Pharma IPO Lot Size Details

    Mankind Pharma IPO's minimum lot size is 13 shares with ₹14,040 application amount and the maximum lot size is 182 shares with ₹196,560 application amount.
    Minimum Lot:01
    Minimum Lot Size:13 Shares
    Minimum Amount:₹14,040
    Maximum Lot:13
    Maximum Lot Size:182 Shares
    Maximum Amount:₹196,560

    Mankind Pharma IPO Open, Close, Allotment, and Listing Date

    Ipo Opening Date:25 April 2023
    IPO Closing Date:27 April 2023
    Basis of Allotment:03 May2023
    Refund Date:04 May 2023
    Credit to Demat Account:05 May 2023
    Listing Date:08 May 2023

    Mankind Pharma IPO Review

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    You can also check the latest IPO subscription status and IPO allotment status of Mankind Pharma IPO on our website.

    Mankind Pharma Ipo Rating

    [Note: Not rated yet.]

    Review For Listing Gain

    Review For Short term

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    • Mankind Pharma Limited has market-leading rankings with a diversified portfolio.
    • Mankind Pharma Limited is a reputed and well-known brand.
    • The company has a wide market and distribution reach with an emphasis on accessibility and cost.
    • The company has an experienced and dedicated senior management team.
    • The company has capabilities for production and R&D that are comprehensive and diverse.


    • If the companies do not comply with the necessary regulations laid down by the governments and relevant regulatory authorities, their business, reputation, financial condition, and operating results will suffer.
    • Any interruption, slowdown, or interruption in a company's manufacturing or R&D processes can have a negative impact on its financial performance.
    • The company serves a small number of markets, yet these markets account for a large portion of its revenue.
    • The company depends on its medical agents, distributors, and traders for the sale and distribution of its products.

    Mankind Pharma Ltd Financials

    Mankind Pharma Financials(in Crores)

    YearTotal AssetsRevenueProfit


    The promoters of the company are:
    • Ramesh Juneja, Rajeev Juneja
    • Sheetal Arora
    • Ramesh Juneja Family Trust
    • Rajeev Juneja Family Trust
    • Prem Sheetal Family Trust

    Contact Details of Mankind Pharma

    Mankind Pharma Private Limited
    208, Okhla Industrial Estate
    New Delhi 110020, India
    Telephone: +91 11 4684 6700
    E-mail: investors@mankindpharma.com

    Mankind Pharma Lead Managers

    • IIFL Securities Limited
    • Kotak Mahindra Capital Company Limited
    • Axis Capital Limited
    • J.P. Morgan India Private Limited
    • Jefferies India Private Limited

    Mankind Pharma IPO Registrars

    KFin Technologies Limited
    Telephone: Phone: 04067162222, 04079611000
    Email: mankind.ipo@kfintech.com


    Looking at the financial position of Mankind Pharma Private Ltd, the track record has been good. In the financial year 2022, the company had a profit of Rs 1452.96 crore. The company has a diversified product portfolio. Our suggestion is that you can apply for long-term on the third day after seeing IPO Subscription numbers. Mankind Pharma Limited IPO financial details and other information are given above.

    Mankind Pharma IPO FAQs

    What is Mankind Pharma IPO Price Band?
    Mankind Pharma IPO Price Band is ₹1026 to ₹1080.

    What is the Mankind Pharma IPO Opening Date?
    Mankind Pharma IPO Opening date is 25 April 2023.

    What is the Mankind Pharma IPO Closing Date?
    Mankind Pharma IPO Closing date is 27 April 2023.

    What is the Mankind Pharma IPO Allotment date?
    Mankind Pharma IPO Allotment Date is 03 May 2023.

    What is the Mankind Pharma IPO Listing Date?
    The Mankind Pharma IPO Date is 08 May 2022.

    What is Mankind Pharma IPO issue size?
    Mankind Pharma IPO issue size is ₹4,326.

    What is Mankind Pharma IPO Expected Returns?
    Mankind Pharma IPO Expected Returns is 8%.

    How to Apply the Mankind Pharma Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Mankind Pharma Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
    7. Then Submit the IPO Application Form.
    8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.

    We hope you like this article about Mankind Pharma IPO. If you have a query about Mankind Pharma IPO then, leave a comment. Here you can also stay updated about the upcoming IPO. Also, you can track IPO performance. Thanks for Visiting. Happy Investing.

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