mankind


RETAIL EQUITY RESEARCH Mankind Pharma Ltd. Pharmaceuticals 21st April, 2023 IPO NOTE SUBSCRIBE SENSEX: 59,655 NIFTY: 17,624 Price Range Rs. 1,026 - Rs. 1,080 LeadingKEY CHANGES:domestic pharma TARGETplayer with diverse product portfolio



Shares of Mankind Pharma, which listed in May, have risen over 40 percent from its IPO price of Rs 1,080. The stock hit a new high of Rs 1,544 in today's trading session. Brokerage firm JPMorgan now sees further upside in the stock. Live Tv Loading.



JPMorgan believes that India’s fourth-largest pharmaceutical company will continue to gain market share, driven by its strong product portfolio and large distribution network. Shares of Mankind Pharma, which listed in May, have risen over 40 percent from its IPO price of Rs 1,080. The stock hit a new high of Rs 1,544 in today's trading session.



Mankind Pharma is about to release its IPO on Apr 25, 2023. The issue is closing on Apr 27, 2023, and is currently having an active grey market. The Mankind Pharma IPO GMP is running at a stable rate as per the current situation. In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting.



Mankind Pharma IPO GMP today: Shares of the Manfoce and Prega News maker company is available at a premium of ₹103 in grey market today, say market observers Mankind Pharma IPO GMP:.



The grey market premium (GMP) of Mankind Pharma IPO on Wednesday stood at Rs 80. It means shares of Mankind Pharma were trading at Rs 1,160, or 7.41 per cent up over the upper price of the IPO price band, at the grey market (Rs 1,080 + Rs 80). This indicates a decent listing for the Mankind Pharma IPO next week.



The price band for the Mankind Pharma IPO has been fixed at Rs 1,026-1,080. The shares are expected to get a listing of somewhere around Rs 1,200 on debut, which indicates a good premium over its issue price. However, the premium may get fluctuated based on the sentiments in the markets.



May 9, 2023. . . Check out Mankind Pharma IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Mankind Pharma IPO GMP jumped after the subscription by QIBs. Stay tuned for the latest IPO GMP numbers of Mankind Pharma IPO.



Introduction. The Mankind Pharma IPO will open on April 25 and close on April 27, 2023. As per the DRHP filed with SEBI, the company intends to raise approximately ₹ 4,326.36 crores through this public offering, consisting of 400 lakhs shares with a face value of ₹ 10 each, which will be issued at a price of ₹ 1026 to ₹ 1080 per share.



Indian pharma company Mankind Pharma is set to open its IPO next week. The offer for sale of 40 million equity shares by promoters and other existing shareholders is aiming to raise around INR4,326 crore ($523m).



1,464.00 INR -17.95 -1.21%. 05:59:49 AM EDT 6/8/2023. BOM. Add to watchlist. News. Analyst Data. Analyst Opinions. Insider Activity. Dividend Calendar.



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