Condom maker Mankind up 23% in India’s biggest listing of 2023


BENGALURU: shares of Manforce condom Manufacturer humanity pharma Ltd rose as much as 23% in first trading on Tuesday, valuing the company at 531.58 billion rupees ($6.50 billion) and making it the largest domestic listing so far this year.
The company that also owns home pregnancy tests Kit Prega Newsopens at Rs 1,300 compared to an offering price of Rs 1,080 for the IPO.
Benchmark Indian indices, the Nifty 50 and S&P BSE Sensex, were each up 0.3% as of 10:03 am IST.

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