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Review on Mankind Pharma IPO

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Neonman
Mankind Pharma IPO Details
IPO Date Apr 25, 2023 to Apr 27, 2023
Listing Date [.]
Face Value ₹1 per share
Price ₹1026 to ₹1080 per share
Lot Size 13 Shares
Total Issue Size 40,058,844 shares
(aggregating up to ₹4,326.36 Cr)
Offer for Sale 40,058,844 shares of ₹1
(aggregating up to ₹4,326.36 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Expired
Top Comments
Deal Newbie Deal Newbie
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bikidas2060 wrote:
Condom market is lit these days. Many startups are coming with decent products.

Don't forget Durex. They are made by Rekitt Benckiser. They same company which makes Dettol, Lysol, Harpic, Veet etc. Once they go for kill, it's game over for everyone. Because they are the best. 

Deal Subedar Deal Subedar
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I won't subscribe for this ipo as market is volatile now and sometimes bearish. 

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Deal Subedar Deal Subedar
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I won't subscribe for this ipo as market is volatile now and sometimes bearish. 

Benevolent Benevolent
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Snapz wrote:

@kukdookoo @tappukepapa 

Kya lagta hai bhaiyo? Buy what you use funda kaam krega yaha?

Manforce is ever green business. Woh though kaam karega. But need to check fundamentals weather they support 1000+ valuation or not. 

Benevolent Benevolent
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Bad GMP as of now so will skip it..
Waiting for TATA <3

Generous Generous
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Gmp 8-10% , but it's more of ofs than ipo so company will not get anything only shareholder will. Valuation good but will post bad result as compared to last year . Will decide on the 3rd day listing

Deal Newbie Deal Newbie
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Will not subscribe because Mankind doesn't really have a moat anymore. They were famous for offering quality medicine at cheaper price. Now many companies are doing that. Some companies even opened a different division to focus on lower priced products. Also Mankind invests peanuts on research, they just take a popular product, contract manufacture it, package it and sell. This strategy works (Example Apple) but future is pretty uncertain. A few new breakthrough and they will be in deep water because they wouldn't be able to do it anymore because of patents. 

Also they don't really earn that much from Manforce condoms. Everyone knows about it because of the Advertisements. 

Hunk Hunk
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bnbauri wrote:

Will not subscribe because Mankind doesn't really have a moat anymore. They were famous for offering quality medicine at cheaper price. Now many companies are doing that. Some companies even opened a different division to focus on lower priced products. Also Mankind invests peanuts on research, they just take a popular product, contract manufacture it, package it and sell. This strategy works (Example Apple) but future is pretty uncertain. A few new breakthrough and they will be in deep water because they wouldn't be able to do it anymore because of patents. 

Also they don't really earn that much from Manforce condoms. Everyone knows about it because of the Advertisements. 

Condom market is lit these days. Many startups are coming with decent products.
Benevolent Benevolent
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MrKool_JJ wrote:

Bad GMP as of now so will skip it..
Waiting for TATA <3

Which company of tata?
Deal Newbie Deal Newbie
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bikidas2060 wrote:
Condom market is lit these days. Many startups are coming with decent products.

Don't forget Durex. They are made by Rekitt Benckiser. They same company which makes Dettol, Lysol, Harpic, Veet etc. Once they go for kill, it's game over for everyone. Because they are the best. 

Hunk Hunk
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bnbauri wrote:

Don't forget Durex. They are made by Rekitt Benckiser. They same company which makes Dettol, Lysol, Harpic, Veet etc. Once they go for kill, it's game over for everyone. Because they are the best. 

Baaki new comers bhi ache products laa rahe hain..
Deal Captain Deal Captain
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Snapz wrote:

@kukdookoo @tappukepapa 

Kya lagta hai bhaiyo? Buy what you use funda kaam krega yaha?

Overvalued, nothing left for Retail Investors. I'm Single, so haven't used these. 😚

Dua karo, jaldi use karne ka mauka mile. 😜

Benevolent Benevolent
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tappukepapa wrote:

Overvalued, nothing left for Retail Investors. I'm Single, so haven't used these. 😚

Dua karo, jaldi use karne ka mauka mile. 😜

Lipa
Benevolent Benevolent
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bnbauri wrote:

Don't forget Durex. They are made by Rekitt Benckiser. They same company which makes Dettol, Lysol, Harpic, Veet etc. Once they go for kill, it's game over for everyone. Because they are the best. 

Yep, always go with the best biggrin
Benevolent Benevolent
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quantum wrote:
Itni Garmi mein FAN kidhar, when u have KOOL JJ always
Wah beta..masti mood ON hai...
5rs ki pepsi JJ bhai SAXi biggrin
Benevolent Benevolent
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MrKool_JJ wrote:
Wah beta..masti mood ON hai...
5rs ki pepsi JJ bhai SAXi biggrin

Have u Subscribed to my Sigma version? "Beta" updates are discontinued rn. 


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