Mankind Pharma IPO vs Signatureglobal IPO

Comparison between Mankind Pharma IPO and Signatureglobal IPO.

IPO Details

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

Issue Size and Price

The total issue size of Mankind Pharma IPO is up to ₹4,326.36 Cr whereas the issue size of the Signatureglobal IPO is up to ₹730.00 Cr. The final issue price of Mankind Pharma IPO is ₹1,080.00 per share and of Signatureglobal IPO is ₹385.00 per share.

 Mankind Pharma IPOSignatureglobal IPO
Face Value₹1 per share₹1 per share
Issue Price (Lower)₹1,026.00 per share₹366.00 per share
Issue Price (Upper)₹1,080.00 per share₹385.00 per share
Issue Price (Final)₹1,080.00 per share₹385.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size13 shares38 shares
Fresh Issue Size0 shares1,56,62,337 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹603.00 Cr
OFS Issue Size4,00,58,844 shares32,98,701 shares
OFS Issue Size (Amount)up to ₹4,326.36 Crup to ₹127.00 Cr
Issue Size Total4,00,58,844 shares1,89,61,038 shares
Issue Size Total (Amount)up to ₹4,326.36 Crup to ₹730.00 Cr

IPO Timetable

Mankind Pharma IPO opens on Apr 25, 2023, while Signatureglobal IPO opens on Sep 20, 2023. The closing date of Mankind Pharma IPO and Signatureglobal IPO is Apr 27, 2023, and Sep 22, 2023, respectively.

 Mankind Pharma IPOSignatureglobal IPO
Anchor Bid DateApr 24, 2023Sep 18, 2023
Issue OpenApr 25, 2023Sep 20, 2023
Issue CloseApr 27, 2023Sep 22, 2023
Basis Of Allotment (Tentative)May 03, 2023Sep 27, 2023
Initiation of Refunds (Tentative)May 04, 2023Sep 29, 2023
Credit of Share (Tentative)May 05, 2023Oct 03, 2023
Listing date (Tentative)May 09, 2023Sep 27, 2023
Anchor Lockin End date 1Jun 02, 2023Oct 27, 2023
Anchor Lockin End date 2Aug 01, 2023Dec 26, 2023

Financials & KPIs

Mankind Pharma IPO P/E ratio is 32.5, as compared to Signatureglobal IPO P/E ratio of .

 Mankind Pharma IPOSignatureglobal IPO
Financials

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

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets5,999.134,430.853,762.372,930.52
Total Income1,585.88939.60154.72263.03
Profit After Tax-63.72-115.50-86.28-56.57
NET Worth47.54-352.22-206.87-93.07
Reserves and Surplus34.08-364.01-210.78-128.87
Total Borrowing1,709.751,157.531,176.38969.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)79.0078.36
Promoter Shareholding (Post-Issue)76.5069.63
P/E Ratio32.5
Market Cap₹43263.60 Cr.₹5409.66 Cr.
ROE27.60%-134.0%
ROCE26.10%1%
Debt/Equity34.10
EPS₹33.20₹-5.44
RoNW27.70%

Shares Offered

In the Mankind Pharma IPO Retail Individual Investors (RII) are offered 1,40,20,596 shares while in Signatureglobal IPO retail investors are offered 1,40,20,596 shares. Qualified Institutional Buyers (QIB) are offered 80,11,769 shares in Mankind Pharma IPO and 59,48,080 shares in Signatureglobal IPO.

 Mankind Pharma IPOSignatureglobal IPO
Anchor Investor Reservation1,20,17,652 shares82,72,700 shares
Market Maker Reservation
QIB80,11,769 shares59,48,080 shares
NII60,08,827 shares28,44,155 shares
RII1,40,20,596 shares18,96,103 shares
Employee
Others
Total4,00,58,844 shares1,89,61,038 shares

Bids Received (Subscription)

Mankind Pharma IPO subscribed 15.32x in total, whereas Signatureglobal IPO subscribed 12.50x.

 Mankind Pharma IPOSignatureglobal IPO
QIB (times)49.16x13.37x
NII (times)3.80x14.24x
Big NII (times)4.99x16.60x
Small NII (times)1.41x9.53x
RII (times)0.92x7.17x
Employee (times)
Other (times)
Total (times)15.32x12.50x

Compare with others

Compare:

Mankind Pharma IPO Vs Signatureglobal IPO