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.
Manipal Health IPO GMP Today
Manipal Health Enterprises IPO last GMP is ₹3, last updated August 5 2026 09:52 AM. With the upper price band of ₹590.00, Manipal Health Enterprises IPO’s estimated listing price is ₹593 (cap price + today’s GMP). The expected percentage gain/loss per share is 0.51%.
We update the GMP daily. Based on grey market activity over the last 13 sessions, today’s IPO GMP is trending toward a discount and indicates an expected discount listing. During this period, the GMP ranged from a low of ₹0.00 to a high of ₹35.00. Stay with us for the latest Manipal Health Enterprises IPO GMP updates, daily price trends, and expected listing price.
| GMP Date | IPO Price | GMP | EST. Listing Price | EST. Profit* | Last Updated |
|---|---|---|---|---|---|
| 05-08-2026 | ₹590 | ₹3 | ₹593(0.51%) | ₹75 | 9:52 |
| 04-08-2026 | ₹590 | ₹1.5 | ₹591.5(0.25%) | ₹37 | 15:15 |
| 03-08-2026 | ₹590 | ₹0 | ₹590(0.00%) | ₹0 | 14:58 |
| 02-08-2026 | ₹590 | ₹0 | ₹590(0.00%) | ₹0 | 09:22 |
| 01-08-2026 | ₹590 | ₹0 | ₹590(0.00%) | ₹0 | 14:56 |
| 31-07-2026 | ₹590 | ₹3 | ₹593(0.51%) | ₹75 | 16:08 |
| 30-07-2026 | ₹590 | ₹5 | ₹595(0.85%) | ₹125 | 16:19 |
| 29-07-2026 | ₹590 | ₹9 | ₹599(1.53%) | ₹225 | 15:19 |
| 28-07-2026 | ₹590 | ₹9 | ₹599(1.53%) | ₹225 | 17:12 |
| 27-07-2026 | ₹590 | ₹25 | ₹615(4.24%) | ₹625 | 15:11 |
| 26-07-2026 | ₹590 | ₹25 | ₹615(4.24%) | ₹625 | 15:18 |
| 25-07-2026 | ₹590 | ₹22 | ₹612(3.73%) | ₹550 | 15:41 |
| 24-07-2026 | ₹ 590 | ₹30 | ₹620(5.08%) | ₹750 | 15:12 |
IPO Details
| IPO Open Date | 29-07-2026 |
| IPO Close Date | 31-07-2026 |
| Face Value | ₹2 Per Share |
| IPO Price Band | ₹560 to ₹590 Per Share |
| Issue Size | Approx ₹9,273.64 cr. |
| Fresh Issue | Approx ₹7,998.43 cr. |
| Issue Type | Book Build Issue |
| IPO Listing | NSE,BSE |
IPO Reservation
| Investor Category | Shares Offered % |
|---|---|
| Retail Shares Offered | 10% |
| NII Shares Offered | 15% |
| QIB Shares Offered | 75% |
IPO Market Lot
The Manipal Health Enterprises IPO minimum market lot is 25 shares with ₹14,750 application amount. The retail investors can apply up-to 13 lots with 325 shares of ₹1,91,750 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 25 | ₹14,750 |
| Retail Maximum | 13 | 325 | ₹1,91,750 |
| S-HNI Minimum | 14 | 350 | ₹2,06,500 |
| S-HNI Maximum | 67 | 1675 | ₹9,88,250 |
| B-HNI Minimum | 68 | 1700 | ₹10,03,000 |
IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Shares Offered | 7,06,28,768 Shares |
| Lock-in period end date 50% shares(30 Days) | 2026 |
| Lock-in period end date 50% shares (90 Days) | 2026 |
Manipal Health IPO Dates
The Manipal Health IPO opan date is July 29 and the close date is July 31. The Manipal Health IPO allotment will be finalized on August 3, and the IPO listing on August 5.
| IPO Open Date: | 29-07-2026 |
| IPO Close Date: | 31-07-2026 |
| Basis of allotment: | 03-08-2026 |
| Refunds: | 04-08-2026 |
| Credit to Demat Account: | 04-08-2026 |
| IPO Listing Date: | 05-08-2026 |
Promoters and Holding Pattern
The promoters of the company are Dr. Ranjan Ramdas Pai, Manipal Global Health Services, Memg International Ltd, Kangto Investments Pte. Ltd., Imperius Healthcare Investments Pte. Ltd., and Kabru Investments Pte. Ltd..
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,17,97,57,321 | 81.43% |
| Promoter Holding Post Issue | 1,31,53,50,541 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
|---|---|
| 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 | ₹5378.00 cr. |
| Acquisition of minority stake in the stepdown Subsidiary, Sahyadri Hospitals Private Limited | ₹574.00 cr. |
| General corporate purposes | ₹- |
IPO Company Financial Report
| Period Ended | Revenue | Expense | Pat | Assets |
|---|---|---|---|---|
| 2023 | ₹4927.57 | ₹4225.20 | ₹414.20 | ₹7,936.78 |
| 2024 | ₹6265.17 | ₹5340.51 | ₹533.20 | ₹10,818.83 |
| 2025 | ₹9409.12 | ₹8664.15 | ₹534.80 | ₹21,443.81 |
IPO Valuation – FY2025
Check Manipal Health IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | 26.98% |
| EBITDA Margin | 27.26% |
| PAT Margin | 13.12% |
| Debt to equity ration | – |
| Earning Per Share(EPS) | ₹9.25 |
| P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 18.16% |
| Net Asset Value(NAV) | ₹50.91 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Apollo Hospitals Enterprise Ltd | 100.56 | 73.23 | 17.61 | 571.15 | 21,794.00 cr. |
| Fortis Healthcare Ltd | 10.26 | 80.12 | 8.68 | 118.11 | 7,782.75 cr. |
| Max Healthcare Institute Ltd | 11.07 | 87.63 | 11.47 | 96.50 | 8,667.00 cr. |
IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Company Limited
- Axis Capital Limited
- Goldman Sachs (India) Securities Private Limited
- Jefferies India Private Limited
- J.P. Morgan India Private Limited
- UBS Securities India Private Limited
- DBS Bank India Limited
Company Address
Manipal Health Enterprises Ltd.
The Annexe,
98/2, Rustom Bagh,
HAL Airport Road,
Bengaluru, Karnataka, 560017
Phone: +9180 4936 0300
Email: legalcs@manipalhospitals.com
Website: https://www.manipalhospitals.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: manipal.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Disclaimer
I am not a SEBI-registered Research Analyst, Investment Adviser, or any other SEBI-regulated financial professional. The information provided on this website regarding IPOs, GMP, stock markets, and other financial topics is for educational and informational purposes only.
The content published on this website should not be considered financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.