Manipal Hospitals IPO Details
| IPO Open Date | 2026 |
| IPO Close Date | 2026 |
| Face Value | ā¹2 Per Equity Share |
| IPO Price Band | ā¹[.] to ā¹[.] Per Share |
| Issue Size | Approx ā¹[.] Crores |
| Fresh Issue | Approx ā¹8,000 Crores |
| Offer for Sale: | Approx 4,32,27,668 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Manipal Hospitals IPO Review & Key Points
- Review:
Manipal Hospitals IPO Market Lot
The Manipal Health Enterprises IPO minimum market lot is [.] shares with ā¹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ā¹[.]Ā amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Manipal Hospitals IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Manipal Hospitals IPO Dates
The Manipal Health Enterprises IPO date is 2026, and the close date is 2026. The Manipal Hospitals IPO allotment will be finalized on 2026, and the IPO listing on 2026.
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
| IPO Bidding Cut-off Time: | 2026 – 5 PM |
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 | – | -% |
| Promoter Holding Post Issue | – | -% |
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 | ā¹5,378.00 |
| Acquisition of minority stake in the stepdown Subsidiary, Sahyadri Hospitals Private Limited | ā¹574.00 |
| General corporate purposes | ā¹- |
About Manipal Hospitals IPO
To be updated soon
Manipal Hospitals IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹4,927.57 | ā¹4,225.20 | ā¹414.20 | ā¹7,936.78 |
| 2024 | ā¹6,265.17 | ā¹5,340.51 | ā¹533.20 | ā¹10,818.83 |
| 2025 | ā¹9,409.12 | ā¹8,664.15 | ā¹534.80 | ā¹21,443.81 |
| Sep 2025 | ā¹5,436.31 | ā¹4,867.55 | ā¹319.47 | ā¹22,579.11 |
Manipal Hospitals IPO Valuation – FY2025
Check Manipal Hospitals 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 ratio: | – |
| Earning Per Share (EPS): | ā¹9.25 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 18.16% |
| Net Asset Value (NAV): | ā¹50.91 |
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/
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Note: The Manipal Hospitals IPO price band and date are officially announced. The (Manipal Hospitals IPO grey market premium) will be added to the IPO GMP page as it will start).
