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Manipal Health Enterprises Ltd IPO

Listed Mainboard NSE, BSE Bookbuilding IPO
Min Investment
₹14,750
25 shares · 1 lot

Manipal Health Enterprises Ltd IPO was priced at ₹560–₹590 per share with an issue size of ₹9,275 crore. The IPO opened on Jul 29, 2026 and closed on Jul 31, 2026, with a lot size of 25 shares and a minimum investment of ₹14,750.

Open
29 Jul
Close
31 Jul
Allotment
03 Aug
Refund
04 Aug
Listing
05 Aug

Market Sentiment

Grey Market Premium

Full history →
₹-10.00 -1.7%
Est. listing: ₹580
Updated 03 Aug 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →
5.12x
Total subscription · 3,59,936 applications
QIB 8.54x
NII (HNI) 1.06x
bNII (> ₹10L) 1.13x
sNII (₹2L - ₹10L) 0.94x
Retail 0.98x
Employee Reserved 2.32x
Updated 31 Jul 2026, 5:23 PM

IPO Details

Price Band ₹560.00 - ₹590.00 per share
Lot Size25 shares
Min Investment₹14,750
Total Issue Size ₹9275.00 crore
Shares Offered15,72,07,054
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Kotak Mahindra Capital Co.Ltd., Axis Capital Ltd., Goldman Sachs (India) Securities Pvt.Ltd., Jefferies India Pvt.Ltd., JP Morgan India Pvt.Ltd., UBS Securities India Pvt.Ltd., DBS Bank India Ltd.
RegistrarKfin Technologies Ltd.
Listing AtNSE, BSE

Quick Profit Calculator

Issue price ₹590 · lot size 25 shares · estimated listing price ₹580 (GMP −₹10)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 25 ₹14,750 ₹14,500 −₹250
Retail (Max) 13 325 ₹1,91,750 ₹1,88,500 −₹3,250
S-HNI (Min) 14 350 ₹2,06,500 ₹2,03,000 −₹3,500
S-HNI (UPI limit) 33 825 ₹4,86,750 ₹4,78,500 −₹8,250
S-HNI (Max) 67 1,675 ₹9,88,250 ₹9,71,500 −₹16,750
B-HNI (Min) 68 1,700 ₹10,03,000 ₹9,86,000 −₹17,000
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹7.67
P/E (Pre)
76.52 x
RoNW
8.72%
RoCE
26.98%
Net Worth
₹4029.22 Cr
MetricLatest Reported
Total Income₹5436.31 Cr
Profit After Tax₹319.47 Cr
Net Worth₹4029.22 Cr

Promoters & Holding

Promoters: Ranjan Ramdas Pai

Promoter Holding (Pre-Issue)81.43%

Strengths & Risks

Strengths

  • India’s largest multispecialty hospital group by bed capacity with pan-India presence and leadership in three key regions.
  • The only private hospital chain network in India with leadership in three metros (Bengaluru, Kolkata and Pune) with a balanced and diversified presence across metros and non-metros.
  • Widely recognized brand and network of choice for patients, doctors and healthcare professionals.
  • Advanced infrastructure and medical equipment, with a strong focus on clinical excellence.
  • Track record of delivering industry leading growth with strong profitability and efficiency metrics.

Risks & Concerns

  • The healthcare industry is highly regulated, and changes in regulations could impact operations.
  • Competition from other healthcare providers may affect market share and profitability.
  • Dependence on key management personnel and skilled healthcare professionals.
  • Economic downturns may affect patient volumes and revenue.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Manipal Health Enterprises Limited is a healthcare service provider, operating a large network of multi-specialty hospitals, clinics, and diagnostic centres across the country. It is part of the Manipal Group, founded by T. M. A. Pai. The company offers a wide range of healthcare services including tertiary and quaternary care, organ transplants, oncology, cardiology, neurology, orthopaedics, and preventive healthcare.

0

Founded0
HeadquartersBengaluru, Karnataka
IndustryHealthcare
Websitehttps://www.manipalhospitals.com/

Objects of the Issue

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by one of the Material Subsidiaries, Manipal Hospitals Private Limited
  • Acquisition of minority stake in the stepdown Subsidiary, Sahyadri Hospitals Private Limited
  • General corporate purposes

Registrar & Allotment

RegistrarKfin Technologies Ltd.
Phone040-79615565
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Manipal Health Enterprises Ltd IPO — dates, pricing, allotment and listing.

Manipal Health Enterprises Ltd IPO is a bookbuilding ipo of ₹9,275 crore. The issue was priced at ₹560–₹590 per share, with a lot size of 25 shares. Bidding ran from Wed, 29 Jul 2026 to Fri, 31 Jul 2026, with shares listed on NSE and BSE.

The price band was ₹560–₹590 per share.

One lot was 25 shares. Bids had to be placed in multiples of 25.

A retail investor needed at least ₹14,750 – one lot of 25 shares at ₹590, the upper end of the price band.

Manipal Health Enterprises Ltd IPO opened on Wed, 29 Jul 2026 and closed on Fri, 31 Jul 2026.

Allotment was finalised on Mon, 03 Aug 2026.

Manipal Health Enterprises Ltd shares were listed on Wed, 05 Aug 2026 on NSE and BSE.

The company intended to use the net proceeds towards repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by one of the material subsidiaries, manipal hospitals private limited, acquisition of minority stake in the stepdown subsidiary, sahyadri hospitals private limited and general corporate purposes.

Kotak Mahindra Capital Co.Ltd., Axis Capital Ltd., Goldman Sachs (India) Securities Pvt.Ltd., Jefferies India Pvt.Ltd., JP Morgan India Pvt.Ltd., UBS Securities India Pvt.Ltd. and DBS Bank India Ltd. are the book running lead managers. Kfin Technologies Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Manipal Health Enterprises Ltd IPO subscription page, and on the BSE and NSE websites.

From Mon, 03 Aug 2026, check the Manipal Health Enterprises Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.