Mankind Pharma IPO
Branded Pharmaceuticals / FMCG Pharma - Listed on 09 May 2023
Mankind Pharma IPO listing summary
Mankind Pharma (Branded Pharmaceuticals / FMCG Pharma) closed its IPO window in 2023 and listed on NSE and BSE on 09 May 2023 at an upper band issue price of Rs 1080, opening at Rs 1300 for a listing gain of +20.4% and closing day one at Rs 1422.3 (+31.7% on closing basis). The IPO was subscribed 15.32x overall - QIB 49.16x, HNI/NII 3.80x, Retail 0.92x. The total issue size was Rs 4,326.36 Cr (Fresh Issue Rs 0 Cr, OFS Rs 4326.36 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Mankind Pharma IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 75 | +6.94% |
| Day 2 | Rs 75 | +6.94% |
| Day 3 | Rs 85 | +7.87% |
| Day 4 | Rs 70 | +6.48% |
| Day 5 | Rs 45 | +4.17% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Mankind Pharma IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Mankind Pharma IPO - FAQs
What was the listing gain of Mankind Pharma IPO?
Mankind Pharma IPO listed at +20.4% versus the upper issue price of Rs 1,080 on 09 May 2023.
How many times was Mankind Pharma IPO subscribed?
Mankind Pharma IPO was subscribed 15.32x overall. QIB portion was subscribed 49.16x, HNI / NII 3.80x and Retail 0.92x.
What was the IPO GMP for Mankind Pharma?
IPO GMP started at Rs 75 on Day 1 and moved to Rs 45 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.