Industry : Pharma ​
Mankind Pharma Ltd View all IPOs
Price Band
Rs. 1026– Rs. 1080​​
Mankind Pharma is going public with an Offer for Sale. The issue opens on 25th April 2023.

Objective of the Issue

Details

Offer for Sale Rs. 4326cr

The funds collected from the Offer for Sale will not be used by the company.

Achieve the benefits of listing the equities on the stock exchange

List of Shareholders Selling Their Stake

Name Type Number of Equity Shares
for OFS ​​
% of Total
Offerings (OFS)​
Ramesh Juneja Promoter​ 37,05,443​ ​ 9.2%​​
Rajeev Juneja​​​ Promoter 35,05,149​​ 8.8%​​
Sheetal Arora​​ Promoter 28,04,119​​ 7.0%​​
Cairnhill CIPEF Limited​​ Investor 1,74,05,559​​ 43.4%​
Cairnhill CGPE Limited​​​ Investor 26,23,863​ ​ 6.6%​​
Beige Limited​​ Investor 99,64,711​ ​ 24.9%​​
Link Investment Trust​​​ Investor 50,000​ ​ 0.1%​

Business Operations

About Company

Mankind Pharma develops, manufactures, and markets a wide range of pharmaceutical formulations in acute and chronic therapeutic areas, as well as several consumer healthcare items.

They are focused on the domestic market, with India accounting for 98% of their income.

​The pharmaceuticals business accounts for 90% of its revenue, while the consumer business accounts for 10%.

They have created 36 brands in the pharmaceutical business, each of which has reached over 50 crore in domestic sales in the last 12 months till December 2022.

Revenue Breakdown by Geography:
9MFY23​​ FY 22​ FY 21​ FY 20​
Domestic 97%​ 98%​​​ 97%​ 99%​​
International 3%​​ 2%​ 3%​​​ 1%​​

Financials

Financial Overview

In 9 months till December 2022, the company reported a revenue of Rs. 6697 crore and a net profit of Rs. 1016 crore.

​In FY22, the company reported a revenue of Rs. 7782 crore, compared to Rs. 6214 crore of FY21.

The company reported net profit of Rs 1453 crore in FY2022, compared to Rs 1293 crore, a growth of 12.4 per cent.

In FY22, the company reported a RONW of 23.3%, down from 26.8% in FY21 and 29.6% in FY20.

Financial Performance (Rs/crore)

Rs./Crs​ 9MFY23​​​ FY 22​​ FY 21​ FY 20​
Sales 6697 7782 6214 5865
Net Profit​ 1016 1453 1293 1056
Net Profit​ Margin 15%​ 19%​ 21% 18%​
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