Manipal Health Enterprises IPO
Manipal Health Enterprises IPO
Overview
Manipal Health Enterprises IPO is a book build issue of ₹9,275.22 crores. The issue is a combination of fresh issue of 13.56 crore shares aggregating to ₹8,000.00 crores and offer for sale of 2.16 crore shares aggregating to ₹1,275.22 crores. Manipal Health Enterprises IPO opens for subscription on Jul 29, 2026 and closes on Jul 31, 2026. The allotment for the Manipal Health Enterprises IPO is expected to be finalized on Aug 3, 2026. Manipal Health Enterprises IPO will list on NSE and BSE with a tentative listing date fixed as Aug 5, 2026. Manipal Health Enterprises IPO is set issue price band at ₹560 to ₹590 per share. The lot size for an application is 25 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,750 (25 shares) (based on upper price). Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
15,72,07,054
Issue Size
₹9,275 Cr
Price Band
₹560 – ₹590
Lot Size
25 shares
Min. Investment
₹14,750
Max. Investment
₹1,91,750
Open Date
29 Jul, 2026
Close Date
31 Jul, 2026
Allotment
03 Aug, 2026
Listing
05 Aug, 2026
Max. Investment
₹1,91,750
Announced
29 Jul, 2026
Opening Date
29 Jul, 2026
Closing Date
31 Jul, 2026
Basis of Allotment
03 Aug, 2026
Initiation of Refunds
04 Aug, 2026
Credit of Shares
04 Aug, 2026
Listing Date
05 Aug, 2026
Live GMP
Est. Listing: ₹603
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About Manipal Health Enterprises IPO
Incorporated in 2010, Manipal Health Enterprises Limited is a healthcare service providers, 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.vThe company offers a wide range of healthcare services including tertiary and quaternary care, organ transplants, oncology, cardiology, neurology, orthopaedics, and preventive healthcare. Its hospitals are equipped with advanced medical te
Manipal Health Enterprises IPO Share Price
Issue Breakdown
Shareholding
Dilution: 11.5% increase in shares
Manipal Health Enterprises IPO Financial Health
Manipal Health Enterprises Ltd.'s revenue increased by 26% and profit after tax (PAT) dropped by 15% between the financial year ending with March 31, 2026 and March 31, 2025.
Manipal Health Enterprises IPO Lot Size
Investors can bid for a minimum of 25 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,750 |
| Retail (Max) | 13 | 325 | ₹1,91,750 |
| S-HNI (Min) | 14 | 350 | ₹2,06,500 |
| S-HNI (Max) | 67 | 1675 | ₹9,88,250 |
| B-HNI (Min) | 68 | 1704 | ₹10,05,360 |
(All values in CR)
Manipal Health Enterprises IPO Valuations
| Metric | Value |
|---|---|
| ROCE | 21.88 |
| RoNW | 10.57 |
| PAT Margin | 8.87 |
| EBITDA Margin | 27.05 |
| Price to Book Value | 8.13 |
(All values in CR)
Manipal Health Enterprises IPO Strength & Risk
Manipal Health Enterprises IPO: Strengths
- One of India's largest hospital chains with a strong nationwide presence.
- Well-established brand in multi-specialty and tertiary healthcare services.
- Consistent growth in revenue and profitability supported by rising patient volumes.
- Diverse network of hospitals across key metropolitan and Tier-II cities.
- Backed by reputed global investors, enhancing credibility and governance.
- Debt reduction through IPO proceeds is expected to strengthen the balance sheet.
- Well-positioned to benefit from India's growing healthcare demand and insurance penetration.
Manipal Health Enterprises IPO: Risks
- High debt burden from recent acquisitions remains a key concern.
- A large portion of IPO proceeds will be used for debt repayment instead of expansion.
- Integration of acquired hospitals could impact operational efficiency.
- Business is exposed to regulatory changes in the healthcare sector.
- Hospital expansion requires significant capital expenditure.
- Intense competition from other listed and private hospital chains.
- Premium valuation may limit upside if earnings growth falls short of expectations.
Manipal Health Enterprises IPO GMP
Manipal Health Enterprises IPO last GMP is ₹13, last updated Jul 28th 2026 07:34 AM. With the upper price band of ₹590.00, Manipal Health Enterprises IPO's estimated listing price is ₹603 (cap price + today's GMP). The expected percentage gain/loss per share is 2.20%. >> Manipal Health Enterprises IPO Retail Subject to Sauda: ₹200 >> Manipal Health Enterprises IPO Small HNI Subject to Sauda: ₹2800 During this period, the GMP ranged from a low of ₹13.00 to a high of ₹35.00.
Last updated 28 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 28 Jul, 2026 | 590 | ₹13 | - | ₹603 (2.20%) | 325 | 28 Jul, 2026 |
| 27 Jul, 2026 | 590 | ₹13▼ | - | ₹603 (2.20%) | 325 | 27 Jul, 2026 |
| 26 Jul, 2026 | 590 | ₹25 | - | ₹615 (4.24%) | 625 | 26 Jul, 2026 |
| 25 Jul, 2026 | 590 | ₹25▼ | - | ₹615 (4.24%) | 625 | 25 Jul, 2026 |
| 24 Jul, 2026 | 590 | ₹35 | - | ₹625 (5.93%) | 875 | 24 Jul, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Manipal Health Enterprises IPO
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Find Manipal Health Enterprises IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.