· Mainboard · NSE, BSE
Price Band
₹560–590
Lot Size
25 shares
Issue Size
₹9,275 Cr
Min. Investment
₹14,750
Indicative, updates through the day
Cap price plus current GMP: ₹597 — arithmetic, not a forecast
Manipal Health Enterprises IPO is a Mainboard issue that listed on NSE, BSE on 5 August 2026. The issue price band is fixed at ₹560–₹590 per equity share with a minimum market lot size of 25 shares, bringing the total issue size to ₹9,275 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,750.
The latest unlisted Grey Market Premium (GMP) for Manipal Health Enterprises IPO is quoted at ₹7, representing a premium of approximately 1.19% over the upper price band of ₹590. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹597, and informal quotes have eased over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, Manipal Health Enterprises IPO has been subscribed 5.11x overall — with QIB at 8.54x, NII at 1.06x, bNII at 1.13x, sNII at 0.92x, Retail at 0.96x, Employee at 2.3x, representing over 3,53,567 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 25 shares (approx. ₹14,750 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 3 August 2026 and listing completed on 5 August 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹590
Listed At
₹652
Current Price
₹666.95
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 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 March 31, 2026, the company operated 49 hospitals with 13,037 licensed beds. They are operating 21 clinics as of March 31, 2026. As of March 31, 2026, the company had 24,240 full-time employees across its hospitals and corporate functions. The workforce comprised 11,048 nurses, 6,362 paramedics, and 6,830 administrative employees, supporting its healthcare operations and patient services.
Manipal Health Enterprises IPO raises ₹4,167.10 crore from anchor investors. Manipal Health Enterprises IPO Anchor bid date is July 28, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 11,77,14,614 | 75% |
| − Anchor Investor | 7,06,28,768 | 0% |
| − QIB (Ex. Anchor) | 4,70,85,846 | 0% |
| NII (HNI) | 2,35,42,922 | 15% |
| − bNII > ₹10L | 1,56,95,282 | 0% |
| − sNII < ₹10L | 78,47,640 | 0% |
| Retail | 1,56,95,281 | 10% |
| Employee | 2,80,898 | 0% |
| 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 |
EPS (Pre IPO)
7.77
EPS (Post IPO)
6.97
ROE
10.57%
P/E (Pre IPO)
75.93
P/E (Post IPO)
84.65
Price / Book
8.13
Market Cap
₹69,606Cr.
| 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 |
Manipal Health Enterprises Ltd. Address
KFin Technologies Ltd.