FREE Account Opening + No Clearing Fees
Loading...

Mankind Pharma IPO vs Radiant Cash Management IPO

Comparision between Mankind Pharma IPO and Radiant Cash Management IPO.

IPO Details

Mankind Pharma IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Radiant Cash Management IPO is a Mainline Book Built Issue 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 Radiant Cash Management IPO is up to ₹256.64 Cr. The final issue price of Mankind Pharma IPO is ₹1,080.00 per share and of Radiant Cash Management IPO is ₹94.00 per share.

  Mankind Pharma IPO Radiant Cash Management IPO
Face Value ₹1 per share ₹1 per share
Issue Price (Lower) ₹1,026.00 per share ₹94.00 per share
Issue Price (Upper) ₹1,080.00 per share ₹99.00 per share
Issue Price (Final) ₹1,080.00 per share ₹94.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 13 shares 150 shares
Fresh Issue Size 54,54,546 shares
Fresh Issue Size (Amount) up to ₹54.00 Cr
OFS Issue Size 4,00,58,844 shares 2,12,22,431 shares
OFS Issue Size (Amount) up to ₹4,326.36 Cr up to ₹202.64 Cr
Issue Size Total 4,00,58,844 shares 2,66,76,977 shares
Issue Size Total (Amount) up to ₹4,326.36 Cr up to ₹256.64 Cr

IPO Timetable

Mankind Pharma IPO opens on Apr 25, 2023, while Radiant Cash Management IPO opens on Dec 23, 2022. The closing date of Mankind Pharma IPO and Radiant Cash Management IPO is Apr 27, 2023, and Dec 27, 2022, respectively.

  Mankind Pharma IPO Radiant Cash Management IPO
Anchor Bid Date Apr 24, 2023 Dec 22, 2022
Issue Open Apr 25, 2023 Dec 23, 2022
Issue Close Apr 27, 2023 Dec 27, 2022
Basis Of Allotment (Tentative) May 03, 2023 Dec 30, 2022
Initiation of Refunds (Tentative) May 04, 2023 Jan 02, 2023
Credit of Share (Tentative) May 05, 2023 Jan 03, 2023
Listing date (Tentative) May 09, 2023 Jan 04, 2023
Anchor Lockin End date 1 Jun 02, 2023 Jan 29, 2023
Anchor Lockin End date 2 Aug 01, 2023 Mar 30, 2023

Financials

Mankind Pharma IPO P/E ratio is 32.5, as compared to Radiant Cash Management IPO P/E ratio of 17.34.

  Mankind Pharma IPO Radiant Cash Management IPO
Financial
Mankind Pharma Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-205,073.295,975.651,056.153,485.313,436.34126.92
31-Mar-216,372.636,385.381,293.034,722.004,674.39234.53
31-Dec-218,043.886,218.291,260.245,965.465,916.86268.70
31-Mar-229,147.747,977.581,452.966,155.236,106.06868.03
31-Dec-229,273.756,777.821,015.987,145.897,094.12167.93
Amount in ₹ Crore
Radiant Cash Management Services Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-19141.44223.1325.02105.7217.73
31-Mar-20157.62251.7836.5119.5721.13
31-Mar-21162.14224.1632.43127.111.05
31-Mar-22190.57286.9738.21139.7626.75
30-Jun-22203.9584.3815.32155.1925.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue) 79.00% 66.39%
Promoter Shareholding (Post-Issue) 76.50% 53.21%
P/E Ratio 32.5 17.34
Market Cap ₹43263.60 Cr. ₹1062.41 Cr.
ROE 27.60%%
ROCE 26.10%%
Debt/Equity
EPS ₹33.20
RoNW 27.70%%

Shares Offered

In the Mankind Pharma IPO retail investors (RII) are offered 1,40,20,596 shares while in Radiant Cash Management 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 78,37,121 shares in Radiant Cash Management IPO.

  Mankind Pharma IPO Radiant Cash Management IPO
Anchor Investor Reserveration 1,20,17,652 shares
Market Maker Reserveration
QIB 80,11,769 shares 78,37,121 shares
NII 60,08,827 shares 58,77,841 shares
RII 1,40,20,596 shares 1,37,14,963 shares
Employee 0 shares 0 shares
Others
Total 2,80,41,192 shares 2,74,29,925 shares

Bids Received (Subscription)

Mankind Pharma IPO subscribed 15.32x in total, whereas Radiant Cash Management IPO subscribed 0.53x.

  Mankind Pharma IPO Radiant Cash Management IPO
QIB (times) 49.16x 1.01x
NII (times) 3.80x 0.66x
Big NII (times) 4.99x 0.94x
Small NII (times) 1.41x 0.09x
RII (times) 0.92x 0.21x
Employee (times)
Other (times)
Total (times) 15.32x 0.53x

Comments

Add a public comment...