Daily BriefsIndia

Daily Brief India: Mankind Pharma and more

In today’s briefing:

  • Mankind Pharma IPO- Forensic Analysis

Mankind Pharma IPO- Forensic Analysis

By Nitin Mangal

  • Mankind Pharma (6596876Z IN)‘s IPO is lined up to be open for subscription next week.
  • Mankind is one of the largest pharmaceutical formulation player in India. The company is a market leader in condoms, pregnancy test kits, emergency contraceptives category, etc.
  • However, when it comes to the balance sheet, there are several aspects that warrant attention. These include acquisitions, asset quality, non-comparable return ratios owing to accounting treatment, etc.

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