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Page 14 - Sheetal Arora News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mankind Pharma IPO to open for subscription on 25 April Details here

Mankind Pharma IPO to open on April 25; closes on April 27

Mankind Pharma, India’s fourth largest pharmaceutical company in terms of domestic sales and second largest in terms of sales volume for the financial year 2022, will open for subscription on April 25 and close on April 27. The anchor bidding will start on 24 April.

Started with Rs 50 lakh, this 4th-largest pharma firm in terms of domestic sales is now aiming for IPO

The company generated consolidated revenue of Rs 7,781.56 crore in FY22 and Rs 6,214.43 crore in FY21, according to the draft red herring prospectus (DRHP). The company was founded by Rajeev Juneja together with his eldest brother Ramesh Juneja and sister Prabha Arora 28 years ago. At present, Prabha Arora’s son Sheetal Arora represents the company on her behalf.

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