
Healthcare · NSE / BSE
Manipal Health Enterprises Limited is a leading healthcare service provider in India and part of the Manipal Group, founded by T. M. A. Pai, operating a wide network of multi-specialty hospitals, clinics, and diagnostic centers across the country. The company offers a broad range of medical services including tertiary and quaternary care, organ transplants, oncology, cardiology, neurology, orthopaedics, and preventive healthcare, supported by advanced technology and experienced medical professionals. It focuses on delivering quality, patient-centric care while expanding its reach through acquisitions, partnerships, and investments in infrastructure and digital health. As of September 30, 2025, the company operated 38 hospitals (48 on a
Price Band
₹560 – ₹590
Issue Size
₹15723.37 L Cr
Lot Size
25 shares
GMP
+1.2%
Est. Listing
₹597
at current GMP
Subscribed
5.12x
overall
Open
29 Jul 2026
Close
31 Jul 2026
Allotment
3 Aug 2026
Refund
4 Aug 2026
Demat Credit
5 Aug 2026
Listing
5 Aug 2026
Overall Subscription
5.12x
Total Demand
QIB Multiplier
8.54x
Institutions & Funds
NII / HNI
1.06x
High Net-Worth
Retail (RII)
0.97x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 47,085,844 | 402,159,425 | 8.54x |
| NIB | 23,542,922 | 25,039,675 | 1.06x |
| HNIs(10L +) | 15,695,282 | 17,678,100 | 1.13x |
| HNIs (2-10L) | 7,847,641 | 7,361,575 | 0.94x |
| RETAIL | 15,695,282 | 15,223,475 | 0.97x |
| EMPLOYEES | 280,899 | 650,450 | 2.32x |
| Total | 110,147,870 | 468,112,700 | 5.12x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 627,811 | 327,616 | 0.52x |
| EMPLOYEES | — | 7,342 | 0.00x |
| HNIs(10L +) | 44,844 | 5,620 | 0.13x |
| HNIs (2-10L) | 22,422 | 17,677 | 0.79x |
| Total Applications | 695,077 | 358,255 | 0.52x |
Manipal Health Enterprises Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹15,72,33,715 Crores. The shares are offered at a price band of ₹560 to ₹590 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 25 shares (approx. ₹14,750 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-05, while un-allotted funds or UPI block mandates will be released on 2026-08-04.
The Manipal Health Enterprises Limited IPO aggregate issue size is ₹15,72,33,715 Crores with an equity price band set at ₹560 to ₹590 per equity share. The retail lot size is 25 shares requiring a minimum capital outlay of approx. ₹14,750.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-08-03.