HMA Agro Industries IPO vs Mankind Pharma IPO

Comparision between HMA Agro Industries IPO and Mankind Pharma IPO.

IPO Details

HMA Agro Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Mankind Pharma IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	HMA Agro Industries IPO	Mankind Pharma IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Aryaman Financial Services Limited	Kotak Mahindra Capital Company Limited Axis Capital Limited Iifl Securities Ltd Jefferies India Private Limited J.P. Morgan India Private Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 IPO	Mankind 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)
Discount (Employee)
Market Lot Size	25 shares	13 shares
Fresh Issue Size	25,64,102 shares
Fresh Issue Size (Amount)	up to ₹150.00 Cr
OFS Issue Size	56,41,025 shares	4,00,58,844 shares
OFS Issue Size (Amount)	up to ₹330.00 Cr	up to ₹4,326.36 Cr
Issue Size Total	82,05,127 shares	4,00,58,844 shares
Issue Size Total (Amount)	up to ₹480.00 Cr	up 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 IPO	Mankind Pharma IPO
Anchor Bid Date	Jun 19, 2023	Apr 24, 2023
Issue Open	Jun 20, 2023	Apr 25, 2023
Issue Close	Jun 23, 2023	Apr 27, 2023
Basis Of Allotment (Tentative)	Jun 29, 2023	May 03, 2023
Initiation of Refunds (Tentative)	Jun 30, 2023	May 04, 2023
Credit of Share (Tentative)	Jul 03, 2023	May 05, 2023
Listing date (Tentative)	Jul 04, 2023	May 09, 2023
Anchor Lockin End date 1	Jul 29, 2023	Jun 02, 2023
Anchor Lockin End date 2	Sep 27, 2023	Aug 01, 2023

Financials

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 IPO

Mankind Pharma IPO

Financial

HMA Agro Industries Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-19	549.27	2,784.03	31.17	141.45	137.73	131.98
31-Mar-20	472.85	2,416.61	45.90	187.05	183.32	169.13
31-Mar-21	572.04	1,720.40	71.60	258.69	254.92	181.34
31-Mar-22	856.11	3,138.98	117.62	374.65	327.03	330.02
Amount in ₹ Crore

Mankind Pharma Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	5,073.29	5,975.65	1,056.15	3,485.31	3,436.34	126.92
31-Mar-21	6,372.63	6,385.38	1,293.03	4,722.00	4,674.39	234.53
31-Dec-21	8,043.88	6,218.29	1,260.24	5,965.46	5,916.86	268.70
31-Mar-22	9,147.74	7,977.58	1,452.96	6,155.23	6,106.06	868.03
31-Dec-22	9,273.75	6,777.82	1,015.98	7,145.89	7,094.12	167.93
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

79.00%

Promoter Shareholding (Post-Issue)

76.50%

P/E Ratio

19.4

32.5

Market Cap

₹2929.50 Cr.

₹43263.60 Cr.

ROE

27.60%%

ROCE

0.33%

26.10%%

Debt/Equity

0.75

EPS

₹18.83

₹33.20

RoNW

28.78%%

27.70%%

Shares Offered

In the HMA Agro Industries IPO retail investors (RII) are offered 30,27,027 shares while in Mankind Pharma IPO retail investors are offered 30,27,027 shares. Qualified institutional buyers (QIB) are offered 17,29,729 shares in HMA Agro Industries IPO and 80,11,769 shares in Mankind Pharma IPO.

	HMA Agro Industries IPO	Mankind Pharma IPO
Anchor Investor Reserveration	24,61,537 shares	1,20,17,652 shares
Market Maker Reserveration
QIB	17,29,729 shares	80,11,769 shares
NII	12,97,298 shares	60,08,827 shares
RII	30,27,027 shares	1,40,20,596 shares
Employee	0 shares	0 shares
Others
Total	60,54,054 shares	2,80,41,192 shares

Bids Received (Subscription)

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

	HMA Agro Industries IPO	Mankind Pharma IPO
QIB (times)	1.74x	49.16x
NII (times)	2.97x	3.80x
Big NII (times)	3.82x	4.99x
Small NII (times)	1.29x	1.41x
RII (times)	0.96x	0.92x
Employee (times)
Other (times)
Total (times)	1.62x	15.32x

Compare with others

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IKIO Lighting IPO	Avalon Technologies IPO
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Mankind Pharma IPO	Divgi TorqTransfer Systems IPO
Avalon Technologies IPO	Signatureglobal India IPO

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