What is the GMP of Manipal Health Enterprises IPO today?

The Grey Market Premium (GMP) for Manipal Health Enterprises IPO is currently ₹3. With an upper price band of ₹590, the estimated listing price is ₹593 per share, reflecting an expected listing gain of ~0.51%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for Manipal Health Enterprises IPO?

The price band for Manipal Health Enterprises IPO is ₹560 to ₹590 per equity share. The minimum lot size is 25 shares, which requires a minimum retail application investment of ₹14,750.

What are the important dates for Manipal Health Enterprises IPO?

Manipal Health Enterprises IPO opens for subscription on 2026-07-29T00:00:00 and closes on 2026-07-31T00:00:00. The basis of allotment is scheduled for 2026-08-03T00:00:00, and shares are expected to list on 2026-08-05T00:00:00 on BSE, NSE.

How can I check the allotment status for Manipal Health Enterprises IPO?

You can check Manipal Health Enterprises IPO allotment status on the registrar's official portal (KFin Technologies Limited) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for Manipal Health Enterprises IPO?

Investors can apply for Manipal Health Enterprises IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the Manipal Health Enterprises IPO open and close?

The IPO opens on 29 Jul 2026, and closes on 31 Jul 2026.

What is Manipal Health Enterprises IPO price band?

The issue price band is ₹560.00 to ₹590.00 per equity share.

What is the Manipal Health Enterprises IPO lot size?

The minimum lot size is 25 shares per application.

What is the Manipal Health Enterprises IPO allotment date?

The allotment is scheduled on 3 Aug 2026.

Manipal Health Enterprises IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

9275.00 Cr

Price Band

₹560.00 - ₹590.00

Lot Size

25 Shares

Min Investment

₹14,750

GMP

₹3

Subscription

5.12x

₹26,147.38 Cr

29 Jul 2026

IPO Opens

COMPLETED

31 Jul 2026

IPO Closes

COMPLETED

03 Aug 2026

Basis of Allotment

COMPLETED

04 Aug 2026

Refunds

COMPLETED

04 Aug 2026

Demat Credit

COMPLETED

05 Aug 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

29 Jul 2026

IPO ClosesDONE

31 Jul 2026

Basis of AllotmentDONE

03 Aug 2026

RefundsDONE

04 Aug 2026

Demat CreditDONE

04 Aug 2026

ListingDONE

05 Aug 2026

About Manipal Health Enterprises IPO

Manipal Health IPO open date is July 29, 2026 and the IPO will close on July 31, 2026. Manipal Health Enterprises IPO is a Book build Issue. The company to raise around ₹9,273.64 crores via IPO that comprises fresh issue of ₹7,998.43 crores and offer for sale up to 2,16,13,834 equity shares with face value of ₹2 each.

Manipal Hospitals (Manipal Health Enterprises) IPO price band is ₹560 to ₹590 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Manipal Hospitals IPO to list on BSE, NSE on August 5, 2026. The allotment of Manipal Health IPO date is August 3, 2026.

The company reported revenue of ₹10,520.52 crores in 2026 against revenue of ₹8,362.79 crores in 2025. The company reported profit of ₹916.52 crores in 2026 against profit of ₹1,081.67 crores in 2025.

IPO Details

Manipal Health Enterprises IPO Details and Specifications
IPO Date	29 Jul 2026 to 31 Jul 2026
Face Value	₹2 Per Share
Price Band	₹560.00 - ₹590.00
Lot Size	25 Shares
Total Issue Size	Approx 9275.00 Cr 15,72,33,715 Equity Shares
Fresh Issue	Approx 8000.00 Cr 13,56,19,881 Equity Shares
Offer for Sale	Approx 1275.00 Cr 2,16,13,834 Equity Shares
Retail Portion	10%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	05 Aug 2026
Listing At	BSE & NSE
Employee Discount	₹56.00 Per Share
Total Subscription Amount	₹26,147.38 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	11,77,14,614	75.00%
- Anchor	7,06,28,768	0.00%
- QIB (Ex. Anchor)	4,70,85,846	0.00%
NII	2,35,42,922	15.00%
- bNII > ₹10L	1,56,95,282	0.00%
- sNII < ₹10L	78,47,640	0.00%
Retail	1,56,95,281	10.00%
Employees	2,80,898	0.00%
Total	15,72,33,715	100.00%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	1	25	₹14,750
Individual investors (Retail) (Max)	13	325	₹1,91,750
S-HNI (Min)	14	350	₹2,06,500
S-HNI (Max)	67	1,675	₹9,88,250
B-HNI (Min)	68	1,700	₹10,03,000

About Company

Manipal Health Enterprises Limited is a healthcare company in India that runs many hospitals, clinics, and diagnostic centres. It is part of the Manipal Group, which was started by T. M. A. Pai.

Moreover, the company provides different types of medical services such as organ transplants, oncology, cardiology, neurology, orthopaedics, and preventive healthcare.

The company has a major of give good quality care to patients and make healthcare more available. As of September 30, 2025, the company runs 38 hospitals (or 48 hospitals on a pro forma basis) with 10,761 beds (or 12,367 licensed beds on a pro forma basis). It also operates 17 clinics.

Contact Details

Manipal Health Enterprises Ltd.

The Annexe,

98/2, Rustom Bagh,

HAL Airport Road,

Bengaluru, Karnataka, 560017

+9180 4936 0300

legalcs@manipalhospitals.com

Visit Website

Registrar

KFin Technologies Limited

04067162222

manipal.ipo@kfintech.com

Lead Managers

Axis Capital Ltd

DBS Bank India Ltd

Goldman Sachs (India) Securities Pvt Ltd

J.P. Morgan India Pvt Ltd

Jefferies India Pvt Ltd

Kotak Mahindra Capital Company Ltd

Ubs Securities India Pvt Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
05-Aug-2026 12:00 PM	+₹3	₹593	+0.51%	₹75
31-Jul-2026 12:00 PM	+₹6	₹596	+1.02%	₹150
30-Jul-2026 12:00 PM	+₹10	₹600	+1.69%	₹250
29-Jul-2026 12:00 PM	+₹15	₹605	+2.54%	₹375
28-Jul-2026 12:00 PM	+₹25	₹615	+4.24%	₹625
27-Jul-2026 12:00 PM	+₹25	₹615	+4.24%	₹625
25-Jul-2026 12:00 PM	+₹35	₹625	+5.93%	₹875
24-Jul-2026 12:00 PM	+₹25	₹615	+4.24%	₹625
23-Jul-2026 12:00 PM	+₹50	₹640	+8.47%	₹1,250
22-Jul-2026 12:00 PM	+₹50	₹640	+8.47%	₹1,250
21-Jul-2026 12:00 PM	+₹50	₹640	+8.47%	₹1,250
20-Jul-2026 12:00 PM	+₹50	₹640	+8.47%	₹1,250

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
QIB (Ex. Anchor)	8.54x	4,70,85,846	40,21,59,425	₹23,727.41 Cr
NII	1.06x	2,35,42,922	2,50,39,675	₹1,477.34 Cr
bNII > ₹10L	1.13x	1,56,95,282	1,76,78,100	₹1,043.01 Cr
sNII < ₹10L	0.94x	78,47,640	73,61,575	₹434.33 Cr
Retail	0.98x	1,56,95,281	1,53,26,325	₹904.25 Cr
Employees	2.32x	2,80,898	6,50,450	₹38.38 Cr
Total	5.12x	8,66,04,947	44,31,75,875	₹26,147.38 Cr

Objects of the Issue

01 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 : 5552.76 Cr
02 Acquisition of minority stake in the stepdown Subsidiary, Sahyadri Hospitals Private Limited : 574.00 Cr
03 General corporate purposes : 1628.93 Cr
04 Issue Expenses : 283.24 Cr

Company Financials

Period Ended	31 MAR 2026	31 MAR 2025	31 MAR 2024
Total Income	10520.52	8362.79	6265.17
Profit After Tax	916.52	1081.67	533.20
EBITDA	2795.94	2247.07	1776.60
NET Worth	8440.92	5865.66	4029.22
Reserves and Surplus	8204.96	5788.60	3953.59
Total Borrowing	10553.43	4766.83	3943.98

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2026
ROCE	21.88%
Return on Net Worth (RoNW)	10.57%
PAT Margin	8.87%
EBITDA Margin	27.05%
Net Asset Value (NAV)	₹72.55
Earning Per Share (EPS)	₹7.71 (Basic)
Price/Earning P/E Ratio	75.93x

Peer Comparison

Company Name	EPS (₹)	P/E (x)	NAV (₹)	RoNW (%)	Income (₹ Cr)
Max Healthcare Institute Ltd	14.83	74.55	-	-	10,065.00
Fortis Healthcare Ltd	13.80	70.22	-	-	9,127.84
Apollo Hospitals Enterprise Ltd	135.04	66.15	-	-	25,228.50

Promoters and Holding Pattern

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.. is the company's promoter of Manipal Health Enterprises.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	81.86%	72.08%
Others*	18.14%	27.92%

Frequently Asked Questions (FAQ)

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About Manipal Health Enterprises IPO

IPO Details

Manipal Health Enterprises IPO Details and Specifications
IPO Date	29 Jul 2026 to 31 Jul 2026
Face Value	₹2 Per Share
Price Band	₹560.00 - ₹590.00
Lot Size	25 Shares
Total Issue Size	Approx 9275.00 Cr 15,72,33,715 Equity Shares
Fresh Issue	Approx 8000.00 Cr 13,56,19,881 Equity Shares
Offer for Sale	Approx 1275.00 Cr 2,16,13,834 Equity Shares
Retail Portion	10%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	05 Aug 2026
Listing At	BSE & NSE
Employee Discount	₹56.00 Per Share
Total Subscription Amount	₹26,147.38 Cr

Investor Category

Shares Offered

% Net Issue

QIB

11,77,14,614

75.00%

- Anchor

7,06,28,768

0.00%

- QIB (Ex. Anchor)

4,70,85,846

0.00%

NII

2,35,42,922

15.00%

- bNII > ₹10L

1,56,95,282

0.00%

- sNII < ₹10L

78,47,640

0.00%

Retail

1,56,95,281

10.00%

Employees

2,80,898

0.00%

Total

15,72,33,715

100.00%

Application

Lots

Amount

Individual investors (Retail) (Min)

₹14,750

Individual investors (Retail) (Max)

325

₹1,91,750

S-HNI (Min)

350

₹2,06,500

S-HNI (Max)

1,675

₹9,88,250

B-HNI (Min)

1,700

₹10,03,000

About Company

Manipal Health Enterprises Limited is a healthcare company in India that runs many hospitals, clinics, and diagnostic centres. It is part of the Manipal Group, which was started by T. M. A. Pai.

Moreover, the company provides different types of medical services such as organ transplants, oncology, cardiology, neurology, orthopaedics, and preventive healthcare.

Contact Details

Manipal Health Enterprises Ltd.

The Annexe,

98/2, Rustom Bagh,

HAL Airport Road,

Bengaluru, Karnataka, 560017

+9180 4936 0300

legalcs@manipalhospitals.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

05-Aug-2026 12:00 PM

+₹3

₹593

+0.51%

₹75

31-Jul-2026 12:00 PM

+₹6

₹596

+1.02%

₹150

30-Jul-2026 12:00 PM

+₹10

₹600

+1.69%

₹250

29-Jul-2026 12:00 PM

+₹15

₹605

+2.54%

₹375

28-Jul-2026 12:00 PM

+₹25

₹615

+4.24%

₹625

27-Jul-2026 12:00 PM

+₹25

₹615

+4.24%

₹625

25-Jul-2026 12:00 PM

+₹35

₹625

+5.93%

₹875

24-Jul-2026 12:00 PM

+₹25

₹615

+4.24%

₹625

23-Jul-2026 12:00 PM

+₹50

₹640

+8.47%

₹1,250

22-Jul-2026 12:00 PM

+₹50

₹640

+8.47%

₹1,250

21-Jul-2026 12:00 PM

+₹50

₹640

+8.47%

₹1,250

20-Jul-2026 12:00 PM

+₹50

₹640

+8.47%

₹1,250

Manipal Health Enterprises IPO Details

About Manipal Health Enterprises IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Frequently Asked Questions (FAQ)

When does the Manipal Health Enterprises IPO open and close?

What is Manipal Health Enterprises IPO price band?

What is the Manipal Health Enterprises IPO lot size?

What is the Manipal Health Enterprises IPO allotment date?

What is the Manipal Health Enterprises IPO listing date?

What is the minimum investment required in Manipal Health Enterprises IPO?

Join the discussion

Manipal Health Enterprises IPO Details

About Manipal Health Enterprises IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

Promoters and Holding Pattern

Frequently Asked Questions (FAQ)

When does the Manipal Health Enterprises IPO open and close?

What is Manipal Health Enterprises IPO price band?

What is the Manipal Health Enterprises IPO lot size?

What is the Manipal Health Enterprises IPO allotment date?

What is the Manipal Health Enterprises IPO listing date?

What is the minimum investment required in Manipal Health Enterprises IPO?

Join the discussion