Mankind Pharma IPO opens for today; Check live subscription status here

25 Apr 2023 , 11:40 AM

The initial public offer of Mankind Pharma opens for subscription today and will be available for bidding till April 27. Investors can bid for 13 shares in one lot and in multiples thereof. The price band is set at Rs 1,026-1,080 per share. Click here to subscribe the IPO.

Check the live subscription status of Mankind Pharma on 25^th April at 11.38 am here:

 

Category	No.of shares offered / reserved	No. of shares bid for	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	80,11,769	390	0.00
Non Institutional Investors(NIIS)	60,08,827	1,38,476	0.03
Retail Individual Investors (RIIs)	1,40,20,596	3,79,132	0.03
Total	2,80,41,192	5,17,998	0.02

(Source: BSE)

Mankind Pharma Ltd (MPL) develops and manufactures formulations across various acute and chronic therapeutic areas and owns a host of consumer healthcare brands. It has around 36 brands in its kitty, including Manforce, Prega News, Unwanted -72, Moxikind and Nurokind, with many of them featuring in the Top 10 league in the covered markets. Perhaps the strongest point for the company is that it is almost entirely focussed on the domestic market with 97.6% of sales coming from India.

Mankind Pharma IPO important details

Open date	April 25
Close date	April 27
Lot size	13
IPO size (Rs crore)	Rs 4,326.36 Cr
IPO price range (Rs)	Rs 1026-1080 per share
Minimum investment	Rs 14,040
Basis of allotment date	May 3
Refunds date	May 4
Credit to demat account date	May 5
Listing date	May 8