Mankind Pharma IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: May 06, 2023Mankind Pharma is about to release its IPO on Apr 25, 2023. The issue is closing on Apr 27, 2023, and is currently having an active grey market. The Mankind Pharma IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Mankind Pharma IPO. The company is intended to raise Rs 4,326.36 Crore by the released issue.
Mankind Pharma IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, and price band listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 05 May 2023 | Rs 100 | Rs 300 | Rs 800 |
| 04 May 2023 | Rs 80 | Rs 300 | Rs 800 |
| 03 May 2023 | Rs 80 | Rs 300 | Rs 800 |
| 02 May 2023 | Rs 80 | Rs 300 | Rs 800 |
| 28 Apr 2023 | Rs 30 | Rs 250 | Rs 500 |
| 27 Apr 2023 | Rs 40 | Rs 500 | Rs 750 |
| 26 Apr 2023 | Rs 70 | Rs 500 | Rs 750 |
| 25 Apr 2023 | Rs 70 | Rs 500 | Rs 750 |
| 24 Apr 2023 | Rs 90 | Rs 500 | Rs 1000 |
| 23 Apr 2023 | Rs 90 | Rs 500 | Rs 1000 |
| 22 Apr 2023 | Rs 90 | Rs 500 | Rs 1000 |
| 21 Apr 2023 | Rs 90 | Rs 500 | Rs 1000 |
| 20 Apr 2023 | Rs 90 | Rs 500 | Rs 1000 |
| 19 Apr 2023 | Rs 100 | Rs 500 | Rs 1000 |
| 18 Apr 2023 | Rs 100 | Rs 500 | Rs 1000 |
| 17 Apr 2023 | Rs 100 | NA | NA |
| 14 Apr 2023 | Rs 100 | NA | NA |
Check out Related IPO Links:
| Review Mankind Pharma IPO |
| Mankind Pharma IPO Allotment |
| LIVE Subscription – Mankind Pharma IPO |
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Mankind Pharma IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Apr 21, 2023 |
| IPO Close Date | Apr 25, 2023 |
| Basis of Allotment Date | Apr 28, 2023 |
| Initiation of Refunds | May 2, 2023 |
| Credit of Shares to Demat Account | May 3, 2023 |
| IPO Listing Date | May 4, 2023 |
Mankind Pharma IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Mankind Pharma IPO.
| Amount (in INR & Million) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Assets | 91,477.40 | 63,726.32 | 50,732.85 |
| Revenue | 79,775.84 | 63,853.80 | 59,756.54 |
| Expense | 60,174.33 | 47,054.46 | 45,494.54 |
| Profit After Tax | 14,529.56 | 12,930.34 | 10,561.48 |
Earnings per Equity Share (in Million)
| Earnings per Equity Share (in Million) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Basic & Diluted | 35.78 | 31.59 | 25.72 |
FAQs Related to Mankind Pharma IPO GMP
What is the current Mankind Pharma IPO GMP Price?
As of today, the Mankind Pharma IPO GMP is Rs.100.
What is the current Mankind Pharma IPO Kostak Rate?
The Kostak rate is Rs 300 for Mankind Pharma IPO.
What is today’s Mankind Pharma IPO Subject to Sauda Rate?
As on today, the Mankind Pharma IPO Subject to Sauda is Rs 800.
Where to Check Mankind Pharma IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak’s Price?
To apply for an IPO, there are application price or application charges that come along and is known as the Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buying or selling shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The Mankind Pharma IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason is, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.