HMA Agro Industries IPO vs Mankind Pharma IPO

Comparison between HMA Agro Industries IPO and Mankind Pharma IPO.

IPO Details

HMA Agro Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mankind Pharma IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of HMA Agro Industries IPO is up to ₹480.00 Cr whereas the issue size of the Mankind Pharma IPO is up to ₹4,326.36 Cr. The final issue price of HMA Agro Industries IPO is ₹585.00 per share and of Mankind Pharma IPO is ₹1,080.00 per share.

 HMA Agro Industries IPOMankind Pharma IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹555.00 per share₹1,026.00 per share
Issue Price (Upper)₹585.00 per share₹1,080.00 per share
Issue Price (Final)₹585.00 per share₹1,080.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size25 shares13 shares
Fresh Issue Size25,64,102 shares0 shares
Fresh Issue Size (Amount)up to ₹150.00 Crup to ₹0.00 Cr
OFS Issue Size56,41,025 shares4,00,58,844 shares
OFS Issue Size (Amount)up to ₹330.00 Crup to ₹4,326.36 Cr
Issue Size Total82,05,127 shares4,00,58,844 shares
Issue Size Total (Amount)up to ₹480.00 Crup to ₹4,326.36 Cr

IPO Timetable

HMA Agro Industries IPO opens on Jun 20, 2023, while Mankind Pharma IPO opens on Apr 25, 2023. The closing date of HMA Agro Industries IPO and Mankind Pharma IPO is Jun 23, 2023, and Apr 27, 2023, respectively.

 HMA Agro Industries IPOMankind Pharma IPO
Anchor Bid DateJun 19, 2023Apr 24, 2023
Issue OpenJun 20, 2023Apr 25, 2023
Issue CloseJun 23, 2023Apr 27, 2023
Basis Of Allotment (Tentative)Jun 29, 2023May 03, 2023
Initiation of Refunds (Tentative)Jun 30, 2023May 04, 2023
Credit of Share (Tentative)Jul 03, 2023May 05, 2023
Listing date (Tentative)Jul 04, 2023May 09, 2023
Anchor Lockin End date 1Jul 29, 2023Jun 02, 2023
Anchor Lockin End date 2Sep 27, 2023Aug 01, 2023

Financials & KPIs

HMA Agro Industries IPO P/E ratio is 19.4, as compared to Mankind Pharma IPO P/E ratio of 32.5.

 HMA Agro Industries IPOMankind Pharma IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets856.11572.04472.85549.27
Total Income3,138.981,720.402,416.612,784.03
Profit After Tax117.6271.6045.9031.17
NET Worth374.65258.69187.05141.45
Reserves and Surplus327.03254.92183.32137.73
Total Borrowing330.02181.34169.13131.98
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202231 Mar 202231 Dec 202131 Mar 202131 Mar 2020
Assets9,273.759,147.748,043.886,372.635,073.29
Total Income6,777.827,977.586,218.296,385.385,975.65
Profit After Tax1,015.981,452.961,260.241,293.031,056.15
NET Worth7,145.896,155.235,965.464,722.003,485.31
Reserves and Surplus7,094.126,106.065,916.864,674.393,436.34
Total Borrowing167.93868.03268.70234.53126.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0079.00
Promoter Shareholding (Post-Issue)76.50
P/E Ratio19.432.5
Market Cap₹2929.50 Cr.₹43263.60 Cr.
ROE27.60%
ROCE0.3326.10%
Debt/Equity0.75
EPS₹18.83₹33.20
RoNW28.78%27.70%

Shares Offered

In the HMA Agro Industries IPO Retail Individual Investors (RII) are offered 28,71,795 shares while in Mankind Pharma IPO retail investors are offered 28,71,795 shares. Qualified Institutional Buyers (QIB) are offered 16,41,025 shares in HMA Agro Industries IPO and 80,11,769 shares in Mankind Pharma IPO.

 HMA Agro Industries IPOMankind Pharma IPO
Anchor Investor Reservation24,61,537 shares1,20,17,652 shares
Market Maker Reservation
QIB16,41,025 shares80,11,769 shares
NII12,30,770 shares60,08,827 shares
RII28,71,795 shares1,40,20,596 shares
Employee
Others
Total82,05,127 shares4,00,58,844 shares

Bids Received (Subscription)

HMA Agro Industries IPO subscribed 1.62x in total, whereas Mankind Pharma IPO subscribed 15.32x.

 HMA Agro Industries IPOMankind Pharma IPO
QIB (times)1.74x49.16x
NII (times)2.97x3.80x
Big NII (times)3.82x4.99x
Small NII (times)1.29x1.41x
RII (times)0.96x0.92x
Employee (times)
Other (times)
Total (times)1.62x15.32x

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HMA Agro Industries IPO Vs Mankind Pharma IPO