Was Mankind Pharma's IPO a good idea?
April 28, 2023
9 min
60
Full
60 of 773
Episode 60 · April 28, 2023
Was Mankind Pharma's IPO a good idea?
0:00 / 9:47
Excerpt playback isn’t available for this episode — use the full-episode link.
Search the Record
Moment search isn’t open for this episode yet
When it opens, you’ll be able to type any phrase and jump straight to the second it was said.
Bengaluru Traffic Police Episodes Around April 28, 2023
Episode 60 of 773 — walk the feed in the order it was published.
Was Mankind Pharma's IPO a good idea?
Summary
<p>The initial public offering ((IPO) of Mankind Pharma Ltd opened for subscription on 25th April and closed just yesterday. The pharma major is reportedly eyeing a valuation of over $6.7 billion.</p><p>But in recent years, the Indian stock market has not been very kind to pharmas that have been listed. Since 2010, 17 of them have had IPOs, but four have delisted. Of the remaining, half are trading below their listing price.</p><p>Amidst this and the current economic state that is making many postpone their IPOs, Mankind still went ahead with its plan. Why?</p><p>Tune in to find out. </p>
Topics
Episode details and artwork are published by the show’s own feed. Sentinel plays short cited excerpts and links every episode back to its publisher.