Manipal Health
05 Aug '26MAINBOARD
Min. Investment
₹14,000
Issue size
₹9275.22 Cr
GMP
Locked
Overall subscription: 0.45x
Expert verdict
IPO dates
29 Jul
Opening
31 Jul
Closing
03 Aug
Allotment
05 Aug
Listing
*Refunds will be initiated on 04 Aug '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,750 |
| HNI (Min) | 14 | 350 | ₹2,06,500 |
Subscription (as on 30 July 2026, 05:30 PM)
Overall0.45x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2010|MD: Mr Dilip Jose
- Manipal Health Enterprises Limited is the second-largest hospital chain in India by number of hospitals and one of the largest by bed capacity, operating a multispecialty network of 49 hospitals with over 12,600 licensed beds across 14 states as of late 2025. The company’s core business model focuses on high-value tertiary and quaternary care, with a significant revenue contribution from "CONGO-R" specialties (Cardiac, Oncology, Neuro, Gastro, Ortho, and Renal sciences). For the fiscal year ending March 31, 2025, the company reported robust financial growth with Revenue from Operations of ₹8,242.25 crore and a Profit After Tax (PAT) of ₹1,081.67 crore. The proposed ₹8,000 crore fresh issue is strategically designed to de-leverage the balance sheet, with ₹5,378 crore earmarked specifically to repay or prepay borrowings of its material subsidiary, Manipal Hospitals Private Limited. Additionally, the company intends to use ₹574 crore to consolidate its Western India presence by acquiring the remaining minority stake in Sahyadri Hospitals, signaling a shift from aggressive acquisition-led growth to capital structure optimization and margin expansion.
Issue Details & Objective
Lot size
25 Shares
Price band
₹560 to 590
Face value
₹2 per share
Financials
IPO reservation
Anchor investor - 44.92%
QIB - 29.95%
HNI - 14.97%
Retail - 9.98%
Employee - 0.18%
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Manipal Health IPO is ₹9275.22 Cr
The Manipal Health IPO will be open for applications from 29 Jul '26 to 31 Jul '26
The lot size of Manipal Health IPO is 25 Shares and its minimum investment amount is ₹14,000.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Manipal Health IPO is null
