Mankind Pharma raises US$ 529 million

Posted on 05/10/2023

Mankind Pharma, an Indian contraceptive maker, raised US$ 529 million in its Mumbai IPO and shares rose by 32%. Backers include ChrysCapital, HarbourVest Partners, CPP Investments and Singapore’s GIC Private Limited. Mankind Pharma is the largest non-REIT IPO in India so far this year. Mankind is the fourth largest pharma company in India. It earns…

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