- The anchor allocation was conducted at a price of Rs 1,080 per share
- Out of the 77 anchor investors, 44 are domestic mutual fund houses that have participated in the anchor round via different schemes
NE BUSINESS BUREAU
AHMEDABAD, APR 25
Mankind Pharma Ltd announced on Tuesday that it raised Rs 1,298 crore from anchor investors on Monday.
Mankind Pharma Ltd allotted 1,20,17,652 equity shares at a price of Rs 1,080 per share (upper end of price band) to 77 anchor investors, including 16 domestic mutual funds through a total of 41 schemes.
The anchor allocation was conducted at a price of Rs 1,080 per share, with various prominent investors such as Goldman Sachs, Canada Pension Plan, Government of Singapore, and Fidelity Investment Trust taking part in the process.
The subscription for the IPO commenced on April 25 and will be open for bidding until April 27. The offering consists of an offer for sale (OFS) of 40 million shares by the promoters and other existing shareholders.
The distribution of the issue size has been planned as follows: half of it is set aside for qualified institutional buyers (QIBs), 35 percent for retail investors, and 15 percent for non-institutional investors.
Out of the 77 anchor investors, 44 are domestic mutual fund houses that have participated in the anchor round via different schemes. Notable domestic fund houses that have taken part include HDFC Mutual Fund, SBI Mutual Fund, and ICICI Pru MF, among others.
As of December 2022, Mankind Pharma is among the top pharmaceutical companies in India, ranking fourth in terms of domestic sales.
The anchor allocation
| Sr. No. | Name of the Anchor Investor | No. of Equity Shares allocated | Bid price (Rs. per Equity Share) | % of Anchor Investor Portion | Amount Allocated |
| 1. | CANARA PENSION PLAN INVESTMENT BOARD | 4,82,027 | 1,080 | 4.01 | 52,05,89,160 |
| 2. | GOVERNMENT OF SINGAPORE | 4,09,994 | 1,080 | 3.41 | 44,27,93,520 |
| 3. | MONETARY AUTHORITY OF SINGAPORE | 72,033 | 1,080 | 0.60 | 7,77,95,640 |
| 4. | GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY PORTFOLIO | 4,82,027 | 1,080 | 4.01 | 52,05,89,160 |
| 5. | HDFC TRUSTEE COMPANY LTD – A/C HDFC MID –CAP OPPORTUNITIES FUND | 2,41,007 | 1,080 | 2.01 | 26,02,87,560 |
| 6. | HDFC TRUSTEE COMPANY LTD –A/C HDFC TOP 100 FUND | 1,20,510 | 1,080 | 1.00 | 13,01,50,800 |
| 7. | HDFC MUTUAL FUND – HDFC BUSINESS CYCLE FUND | 1,20,510 | 1,080 | 1.00 | 13,01,50,800 |
| 8. | SBI MULTICAP FUND | 3,33,879 | 1,080 | 2.78 | 36,05,89,320 |
| 9. | SBI HEATHCARE OPPORTUNITIES FUND | 1,48,148 | 1,080 | 1.23 | 15,99,99,840 |
| 10. | ICICI PRUDENTIAL PHARMA HEALTHCARE AND DIAGNOSTICS (P.H.D.)FUND | 4,82,027 | 1,080 | 4.01 | 52,05,89,160 |
| 11. | FIDELITY INVESTMENT TRUST FIDELITY SERIES EMERGING MARKETS OPPORTUNITIES FUNDS | 2,48,235 | 1,080 | 2.07 | 26,80,93,800 |
| 12. | FIDELITY INVESTMENT TRUST: FIDELITY EMERGING MARKETS FUND | 77,402 | 1,080 | 0.64 | 8,35,94,160 |
| 13. | FIAM GROUP TRUST FOR EMPLOYEE BEENFIT PLANS FIAM EMERGING MARKETS OPPORTUNITIES COMMINGLED POOL | 63,804 | 1,080 | 0.53 | 6,89,08,320 |
| 14. | BLACKROCK EMERGING FRONTIERS MASTER FUND LIMITED | 2,25,232 | 1,080 | 1.87 | 24,32,50,560 |
| 15. | BLACKROCK GLOBAL FUNDS – INDIA FUND | 1,17,912 | 1,080 | 0.98 | 12,73,44,960 |
| 16. | NATIONAL PENSION SERVICE BY BLACKROCK INSTITUTIONAL TRUST COMPANY, NA | 46,297 | 1,080 | 0.39 | 5,00,00,760 |
| 17. | GOVERNMENT PENSION FUND GLOBAL | 3,89,441 | 1,080 | 3.24 | 42,05,96,280 |
| 18. | ASHOKA INDIA OPPORTUNITIES FUND | 3,89,441 | 1,080 | 3.24 | 42,05,96,280 |
| 19. | ABU DHABI INVESTMENT AUTHORITY – MONSOON | 3,89,441 | 1,080 | 3.24 | 42,05,96,280 |
| 20. | NOMURA FUNDS IRELAND PUBLIC LIMITED COMPANY- NOMURA FUNDS IRELAND- INDIA EQUITY FUND | 3,89,441 | 1,080 | 3.24 | 42,05,96,280 |
| 21. | MORGAN STANLEY INDIA INVESTMENT FUND. INC. | 2,97,271 | 1,080 | 2.47 | 32,10,52,680 |
| 22. | MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND | 92,170 | 1,080 | 0.77 | 9,95,43,600 |
| 23. | MOTILAL OSWAL FLEXI CAP FUND | 2,98,142 | 1,080 | 2.48 | 32,19,93,360 |
| 24. | MOTILAL OSWAL LARGE AND MIDCAP FUND | 91,299 | 1,080 | 0.76 | 9,86,02,920 |
| 25. | NIPPON LIFE INDIA TRUSTEE LTD- A/C NIPPON INDIA PHARMA FUND RCT-RPF | 1,94,727 | 1,080 | 1.62 | 21,03,05,160 |
| 26. | NIPPON LIFE INDIA TRUSTEE LTD- A/C NIPPON INDIA FLEXI CAP FUND | 1,94,714 | 1,080 | 1.62 | 21,02,91,120 |
| 27. | AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS GROWTH OPPORTUNITIES FUND | 1,06,210 | 1,080 | 0.88 | 11,47,06,800 |
| 28. | AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS MIDCAP FUND | 1,06,210 | 1,080 | 0.88 | 11,47,06,800 |
| 29. | AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY HYBRID FUND | 1,06,210 | 1,080 | 0.88 | 11,47,06,800 |
| 30. | AXIS MUTUAL FUND TRUSTEE A/C AXIS MUTUAL FUND A/C AXIS EQUITY SAVER FUND | 70,811 | 1,080 | 0.59 | 7,64,75,880 |
| 31. | KOTAK EMERGING EQUITY SCHEME | 2,78,174 | 1,080 | 2.31 | 30,04,27,920 |
| 32. | KOTAK EQUITY OPPORTUNITIES FUND | 1,11,267 | 1,080 | 0.93 | 12,01,68,360 |
| 33. | DSP HEALTHCARE FUND | 3,89,441 | 1,080 | 3.24 | 42,05,96,280 |
| 34. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE PHARMA & HEALTHCARE FUND | 64,909 | 1,080 | 0.54 | 7,01,01,720 |
| 35. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE EQUITY HYBRID 95 FUND | 62,582 | 1,080 | 0.52 | 6,75,88,560 |
| 36. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE BAL BHAVISYA YOJNA | 62,582 | 1,080 | 0.52 | 6,75,88,560 |
| 37. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE BALANCED ADVANTAGE FUND | 62,582 | 1,080 | 0.52 | 6,75,88,560 |
| 38. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE MANUFACTURING EQUITY FUND | 57,499 | 1,080 | 0.48 | 6,20,98,920 |
| 39. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE RETIREMENT FUND THE 30S PLAN | 45,578 | 1,080 | 0.38 | 4,92,24,240 |
| 40. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE RETIREMENT FUND THE 40S PLAN | 13,910 | 1,080 | 0.12 | 1,50,22,800 |
| 41. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE EUQITY SAVINGS FUNDS | 18,538 | 1,080 | 0.15 | 2,00,21,040 |
| 42. | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE RETIREMENT FUND THE 50S PLAN | 1,261 | 1,080 | 0.01 | 13,61,880 |
| 43. | THE WELLINGTON TRUST COMPANY NATIONAL ASSOCIATION MULTIPLE COMMON TRUST FUNDS TRUST EMERGING MARKETS LOCAL EQUITY PORTFOLIO | 2,69,061 | 1,080 | 2.24 | 29,05,85,880 |
| 44. | FRANKLIN INDIA EQUITY ADVANATGE FUND | 1,52,880 | 1,080 | 1.27 | 16,51,10,400 |
| 45. | FRANKLIN INDIA EQUITY HYBRID FUND | 58,708 | 1,080 | 0.49 | 6,34,04,640 |
| 46. | FRANKLIN INDIA BALANCED ADVANTAGE FUND | 42,809 | 1,080 | 0.36 | 4,62,33,720 |
| 47. | FRANKLIN INDIA PENSION PLAN | 8,554 | 1,080 | 0.07 | 92,38,320 |
| 48. | FRANKLIN INDIA EQUITY SAVINGS FUND | 3,666 | 1,080 | 0.03 | 39,59,280 |
| 49. | FRANKLIN INDIA DEBT HYBRID FUND | 2,444 | 1,080 | 0.02 | 26,39,520 |
| 50. | HDFC LIFE INSURANCE COMPANY LIMITED | 2,69,061 | 1,080 | 2.24 | 29,05,85,880 |
| 51. | ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 2,69,061 | 1,080 | 2.24 | 29,05,85,880 |
| 52. | SBI LIFE INSURANCE COMPANY LIMITED | 2,69,061 | 1,080 | 2.24 | 29,05,85,880 |
| 53. | POLAR CAPITAL FUNDS PLC-HEALTHCARE OPPORTUNITIES FUND | 2,30,360 | 1,080 | 1.92 | 24,87,88,800 |
| 54. | NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND | 2,28,553 | 1,080 | 1.90 | 24,68,37,240 |
| 55. | HSBC GLOBAL INVESTMENT FUNDS –INDIAN EQUITY | 2,24,549 | 1,080 | 1.87 | 24,25,12,920 |
| 56. | THE PRUDENTIAL ASSURANCE COMPANY LIMITED | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 57. | TT EMERGING MARKETS UNCONSTRAINED FUND | 78,210 | 1,080 | 0.65 | 8,44,66,800 |
| 58. | LGT SELECT FUNDS-LGT SELECT EQUITY EMERGING MARKETS | 51,972 | 1,080 | 0.43 | 5,61,29,760 |
| 59. | GRANDEUR PEAK EMERGING MARKETS OPPORTUNITIES | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 60. | PUBLIC SECTOR PENSION INVESTMENT BOARD – IIFL ASSET MANAGEMENT LIMITED | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 61. | TATA INDIA PHARMA AND HEALTHCARE FUND | 69,446 | 1,080 | 0.58 | 7,50,01,680 |
| 62. | TATA LARGE CAP FUND | 60,736 | 1,080 | 0.51 | 6,55,94,880 |
| 63. | UTI-MIDCAP FUND | 82,849 | 1,080 | 0.69 | 8,94,76,920 |
| 64. | UTI-HEALTHCARE FUND | 47,333 | 1,080 | 0.39 | 5,11,19,640 |
| 65. | CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO FOCUSED EQUITY FUND | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 66. | KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 67. | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 68. | ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 69. | MAX LIFE INSURANCE COMPANY LIMITED | 1,30,182 | 1,080 | 1.08 | 14,05,96,560 |
| 70. | TATA AIA LIFE INSURNACE COMPANY LTD A/C UNIT LINKED INDIA CONSUMPTION FUND | 74,074 | 1,080 | 0.62 | 7,99,99,920 |
| 71. | TATA AIA LIFE INSURANCE COMPANY LTD A/C EMERGING OPPORTUNITIES FUND (ULIF 064 12/09/22 EOF 110) | 56,108 | 1,080 | 0.47 | 6,05,96,640 |
| 72. | OPTIMIX WHOLSALE GLOBAL EMERGING MARKETS SHARE TRUST | 94,367 | 1,080 | 0.79 | 10,19,16,360 |
| 73. | AMUNDI FUNDS NEW SILK ROAD | 94,367 | 1,080 | 0.79 | 10,19,16,360 |
| 74. | HSBC FOCUS FUND | 94,367 | 1,080 | 0.79 | 10,19,16,360 |
| 75. | INVESCO INDIA MIDCAP FUND | 49,608 | 1,080 | 0.41 | 5,35,76,640 |
| 76. | INVESCO INDIA GROWTH OPPORTUNITIES FUND | 44,759 | 1,080 | 0.37 | 4,83,39,720 |
| 77. | QUANT MUTUAL FUND – QUANT LARGE CAP FUND | 94,338 | 1,080 | 0.78 | 10,18,85,040 |
| TOTAL | 1,20,17,652 | 100 | 12,97,90,64,610 |
