The issuance saw Mankind Pharma Limited, one of India’s largest pharmaceutical companies, raise over $500 million.
May 08, 2023 at 11:57 AM
2 minute read
Asia Editor
Shardul Amarchand Mangaldas & Co (SAM), Cyril Amarchand Mangaldas (CAM), AZB & Partners and Sidley Austin have advised on the largest initial public offering (IPO) in India this year.
The issuance saw Mankind Pharma Limited, one of India’s largest pharmaceutical companies, raise over $500 million. Mankind Pharma’s IPO trails behind industry competitor Gland Pharma, which raised more than $800 million back in 2020.
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