The Mankind Pharma IPO has begun on 25-Apr-2023. It will close on 27-Apr-2023. The Total IPO Size is 4,326.36 Crore. The company set its IPO price is 1026-1080 Rs Per Share. Basically, there are three basic categories in Mankind Pharma IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Mankind Pharma is Majorly know for it’s Product “Manforce condoms”. Mankind Pharma is a India’s fourth largest pharmaceutical company in terms of Domestic Sales and second largest in terms of sales volume for the Financial Year 2022.
They are engaged in developing, manufacturing and marketing a diverse range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products.
The 97.60% total revenue comes from the Domestic market. They have created 36 brands in thier pharmaceutical business that have each achieved over ₹500.00 million in FY22.
They have several differentiated brands in the condoms, pregnancy detection, emergency contraceptives, antacid powders, vitamin and mineral supplements and anti-acne preparations categories.
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