Mankind Pharma IPO to open for subscription from April 25

The IPO of Mankind Pharma, the country’s leading pharmaceutical company, is opening for retail investors from April 25.The company is coming up with an initial public offering (IPO) of Rs 4,326 crore. The price band has been fixed by the company from Rs 1026 to Rs 1080 per share. The offer-for-sale (OFS) portion consists of 40.1 million shares. Many investors are eagerly waiting for this IPO.

Mankind Pharma gray market premium

The company’s flagship products include Manforce, Prega News, Unwanted 72, Gas-O-Fast, Health OK and Acnestar. At present the shares of Mankind Pharma in the gray market, then it is trading at a premium of around Rs 90. The IPO will open for subscription on April 25 and close on April 27.