Mankind Pharma IPO vs Nexus Select Trust REIT

Comparision between Mankind Pharma IPO and Nexus Select Trust REIT.

IPO Details

Mankind Pharma IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Nexus Select Trust REIT is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Mankind Pharma IPO	Nexus Select Trust REIT
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	REIT
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Kotak Mahindra Capital Company Limited Axis Capital Limited Iifl Securities Ltd Jefferies India Private Limited J.P. Morgan India Private Limited	Bofa Securities India Limited Axis Capital Limited Citigroup Global Markets India Private Limited Hsbc Securities & Capital Markets Pvt Ltd Iifl Securities Ltd Jm Financial Limited J.P. Morgan India Private Limited Kotak Mahindra Capital Company Limited Morgan Stanley India Company Pvt Ltd SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	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 Mankind Pharma IPO is up to ₹4,326.36 Cr whereas the issue size of the Nexus Select Trust REIT is up to ₹3,200.00 Cr. The final issue price of Mankind Pharma IPO is ₹1,080.00 per share and of Nexus Select Trust REIT is ₹100.00 per share.

	Mankind Pharma IPO	Nexus Select Trust REIT
Face Value	₹1 per share
Issue Price (Lower)	₹1,026.00 per share	₹95.00 per share
Issue Price (Upper)	₹1,080.00 per share	₹100.00 per share
Issue Price (Final)	₹1,080.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	13 shares	150 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹1,400.00 Cr
OFS Issue Size	4,00,58,844 shares
OFS Issue Size (Amount)	up to ₹4,326.36 Cr	up to ₹1,800.00 Cr
Issue Size Total	4,00,58,844 shares
Issue Size Total (Amount)	up to ₹4,326.36 Cr	up to ₹3,200.00 Cr

IPO Timetable

Mankind Pharma IPO opens on Apr 25, 2023, while Nexus Select Trust REIT opens on May 09, 2023. The closing date of Mankind Pharma IPO and Nexus Select Trust REIT is Apr 27, 2023, and May 11, 2023, respectively.

	Mankind Pharma IPO	Nexus Select Trust REIT
Anchor Bid Date	Apr 24, 2023	May 08, 2023
Issue Open	Apr 25, 2023	May 09, 2023
Issue Close	Apr 27, 2023	May 11, 2023
Basis Of Allotment (Tentative)	May 03, 2023	May 16, 2023
Initiation of Refunds (Tentative)	May 04, 2023	May 17, 2023
Credit of Share (Tentative)	May 05, 2023	May 18, 2023
Listing date (Tentative)	May 09, 2023	May 19, 2023
Anchor Lockin End date 1	Jun 02, 2023	Jun 15, 2023
Anchor Lockin End date 2	Aug 01, 2023	Aug 14, 2023

Financials

Mankind Pharma IPO P/E ratio is 32.5, as compared to Nexus Select Trust REIT P/E ratio of .

Mankind Pharma IPO

Nexus Select Trust REIT

Financial

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

Nexus Select Trust Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus	Total Borrowing
31-Mar-20	9,527.64	1,708.19	206.74	976.05	5,955.67
31-Mar-21	8,959.36	1,047.97	-199.11	340.89	6,281.38
31-Mar-22	9,089.77	1,398.52	-10.95	389.15	6,311.20
31-Dec-22	8,989.53	1,498.35	257.02	639.31	5,872.31
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

79.00%

Promoter Shareholding (Post-Issue)

76.50%

P/E Ratio

32.5

Market Cap

₹43263.60 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 Nexus Select Trust REIT retail investors are offered 1,40,20,596 shares. Qualified institutional buyers (QIB) are offered 80,11,769 shares in Mankind Pharma IPO and 10,10,52,450 shares in Nexus Select Trust REIT.

	Mankind Pharma IPO	Nexus Select Trust REIT
Anchor Investor Reserveration	1,20,17,652 shares	14,39,99,850 shares
Market Maker Reserveration
QIB	80,11,769 shares	10,10,52,450 shares
NII	60,08,827 shares	0 shares
RII	1,40,20,596 shares	0 shares
Employee	0 shares	0 shares
Others
Total	2,80,41,192 shares	18,52,63,050 shares

Bids Received (Subscription)

Mankind Pharma IPO subscribed 15.32x in total, whereas Nexus Select Trust REIT subscribed 5.45x.

	Mankind Pharma IPO	Nexus Select Trust REIT
QIB (times)	49.16x	4.81x
NII (times)	3.80x
Big NII (times)	4.99x
Small NII (times)	1.41x
RII (times)	0.92x
Employee (times)
Other (times)		6.23x
Total (times)	15.32x	5.45x

Compare with others

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Nexus Select Trust REIT	Tata Technologies IPO
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