Manipal Health Enterprises
· Mainboard · NSE
Price Band
₹560–590
Lot Size
25 shares
Issue Size
₹9,275 Cr
Min. Investment
₹14,750
Grey Market Premium
Indicative, updates through the day
Cap price plus current GMP: ₹623 — arithmetic, not a forecast
Subscription Status
Subscription data will appear once bidding opens.
About Manipal Health Enterprises
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. The 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 technology and are staffed by experienced medical professionals. Manipal Health focuses on delivering quality, patient-centric care and expanding access to healthcare through strategic acquisitions, partnerships, and continuous investment in medical infrastructure and digital health initiatives. As of September 30, 2025, the company operated 38 hospitals (48 hospitals on a pro forma basis) with 10,761 licensed beds (12,367 licensed beds on a pro forma basis). They are operating 17 clinics as of September 30, 2025.
Issue Objectives
- 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
Market Lot Size
| 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 | 1700 | ₹10,03,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
EPS (Post IPO)
ROE
8.72%
P/E (Pre IPO)
P/E (Post IPO)
Price / Book
Market Cap
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Gujarat Kidney & Super Speciality Ltd. | 61.62 | ₹250.80 Cr | |
| Park Medi World Ltd. | 29.21 | ₹920.00 Cr | |
| Hannah Joseph Hospital Ltd. | 16.21 | ₹42.00 Cr |
Contact Details
Manipal Health Enterprises Ltd. Address
- +9180 4936 0300
- legalcs@manipalhospitals.com
- https://www.manipalhospitals.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 29 Jul 2026
- Close Date
- 31 Jul 2026
- Listing Date
- 05 Aug 2026
Issue Details
- Registrar
- KFin Technologies
- Lead Manager(s)
- Exchange
- NSE