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Manipal Health Enterprises IPO

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MANIPALHOS · · NSE

Manipal Health Enterprises Share Price Today

NSE · MANIPALHOS · 12 Oct close
₹668.30−10.75 (−1.58%)on 12 Oct
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IPO price₹590.00
Listing price₹652.00+10.5%
Since IPO+13.3%
Day range₹659.45 – ₹682.70

Manipal Health Enterprises share price is ₹668.30 at the 12 Oct close, +13.3% from the ₹590.00 IPO price. It listed at ₹652.00 on 5 Aug.

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Updated · GMP, subscription and listing data refresh through the day.

Manipal Health Enterprises IPO Details

RegistrarKFin Technologies Limited
Lead managersKotak Mahindra Capital Company Limited
Offer documentDraft (DRHP)
Fresh issue₹8,000 Cr
Offer for sale₹1,275 Cr
Market cap at the offer₹77,607 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (1,31,53,77,202 shares) multiplied by the upper end of the price band, ₹590. It is arithmetic on those two filed figures, not a valuation.

Manipal Health Enterprises Financials ₹ in crore

Revenue CAGR+29.4%2024 → 2026 · 2 yrs
Profit CAGR+31.1%2024 → 2026 · 2 yrs
Total assets CAGR+51.6%2024 → 2026 · 2 yrs
00%50005%1000010%1500015%2000020%202420252026
₹ crore202420252026
Revenue₹6,171.63₹8,242.25₹10,335.75
Expenses———
Net profit (PAT)₹533.2₹1,081.67₹916.52
PAT margin8.6%13.1%8.9%
Total assets₹10,818.83₹14,072.08₹24,864.5

Manipal Health Enterprises Shareholding before & after the IPO

Before the IPO
Pre-issue · RHP capital structure
81.43%
Promoter
After the IPO
Post-issue · as filed 04-AUG-2026
72.08%
Promoter
Promoter & promoter groupafter the IPO
Holding72.08%
Shares94,81,76,081
Through the IPO-9.35% · exiting

The founding owners and their group entities.

Breakdown as filed
Other Indian shareholders6.11%8,04,13,724
Individuals / HUF0.17%21,80,790

Post-issue pattern as filed with the NSE. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.

Manipal Health Enterprises IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹590
Retail (min)1 lot25₹14,750
Retail (max)13 lots325₹1,91,750
sHNI (min)14 lots350₹2,06,500
bHNI (min)68 lots1,700₹10,03,000

One lot is 25 shares, so a single application at the ₹590 cut-off costs ₹14,750. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

Manipal Health Enterprises IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (8)
The company is India's largest multispecialty hospital group by bed capacity with a pan-India presence.
The company has the widest footprint in terms of presence of hospitals among private hospital chains in India.
The company operates a patient-centric ecosystem rooted in transparency, and clinical and service excellence.
The company focuses on reducing turn-around-times (TATs), adopts digital tools, and provides culturally sensitive multi-lingual support.
The company's brand, breadth of specialties, academic programs, and integrated network make it an attractive workplace for healthcare professionals.
The company provides an enabling environment for clinical advancement to doctors by offering access to advanced medical technologies and infrastructure and regular knowledge exchange.
The company routinely performs advanced interventions and complex procedures including structural heart and minimally invasive cardiac surgery.
The company has a repeatable playbook for integrating and scaling transformative acquisitions to improve access to quality healthcare.
▼ Risk factors (8)
The company's revenue from operations is derived substantially from Karnataka, and any loss of business or disruption in operations in Karnataka could have a material adverse effect.
The company primarily generates revenue by providing inpatient care at its hospitals, and any inability to maintain or improve its admissions and hospital occupancy rates could adversely affect its business.
The company derives a significant portion of its revenue from the CONGO-R specialties, and any negative changes in the demand for these specialties could adversely impact its business.
The company's reliance on third-party suppliers and subcontractors for supplies, equipment, housekeeping and security services could have a material adverse impact on its business.
The company is exposed to legal claims and regulatory actions arising from the provision of healthcare services, which could materially and adversely affect its reputation, business, financial position, and results of operations.
The company may experience delays in construction or commencement of operations at new hospitals that it builds, and may be unsuccessful in developing other facilities in the future, which may have an adverse effect on its growth, business, financial condition, results of operations, cash flows and prospects.
The company is vulnerable to failures of its information technology systems and cybersecurity risks, and any information technology failures including mishandling of medical data could interrupt its operations and adversely affect its reputation, brand, business, financial condition, results of operations, cash flows and prospects.
The company may require additional capital to support the growth of its business, and this capital might not be available on acceptable terms, if at all.

How to check Manipal Health Enterprises IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Manipal Health Enterprises Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 31 Jul 2026 and listing on 05 Aug 2026.

RegistrarKFin Technologies Limited
You will needPAN, application number or demat ID
Issue closes31 Jul 2026
Listing date05 Aug 2026
Issue opens
Wed, 29 Jul, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Fri, 31 Jul, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 03 Aug, 2026
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 04 Aug, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 05 Aug, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Manipal Health Enterprises IPO FAQs

GMP

What is Manipal Health Enterprises IPO GMP today?

No current grey market premium reading is being quoted for the Manipal Health Enterprises Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is Manipal Health Enterprises IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Manipal Health Enterprises IPO GMP updated on alphave?

The premium is checked about every 20 minutes from third-party grey-market reporters while the issue is live. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

Subscription

How many times is Manipal Health Enterprises IPO subscribed?

As of 31 Jul, 7:05 pm the Manipal Health Enterprises Limited IPO is subscribed 4.92× overall: QIB 8.25×, non-institutional 1.02× and retail 0.93×. Figures are the exchange's consolidated demand across NSE and BSE.

What is the Manipal Health Enterprises IPO retail subscription status?

The retail portion is subscribed 0.93× as of 31 Jul, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.

How do I check Manipal Health Enterprises IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

How was Manipal Health Enterprises IPO subscribed day by day?

Overall subscription at the end of each bidding day — day 1 (29 July 2026): 0.15×, day 2 (30 July 2026): 0.45×, day 3 (31 July 2026): 4.92× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment

When is Manipal Health Enterprises IPO allotment date?

Allotment for the Manipal Health Enterprises Limited IPO is expected to be finalised on 3 August 2026, the trading day after the issue closes on 31 July 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 4 August 2026 and the shares list on 5 August 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Manipal Health Enterprises IPO allotment status?

Allotment is decided and published by the registrar, KFin Technologies Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

Who is the registrar of Manipal Health Enterprises IPO?

The registrar to the Manipal Health Enterprises Limited IPO is KFin Technologies Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Manipal Health Enterprises IPO open and close?

Bidding for the Manipal Health Enterprises Limited IPO opens on 29 July 2026 and closes on 31 July 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the Manipal Health Enterprises IPO listing date?

The shares are scheduled to list on 5 August 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Manipal Health Enterprises IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 29 July 2026 and 31 July 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹590); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Manipal Health Enterprises IPO?

31 July 2026 is the last day of bidding. Allotment is then expected on 3 August 2026, refunds and demat credit on 4 August 2026, and listing on 5 August 2026 — tentative until confirmed.

Price & Lot

What is the price band of Manipal Health Enterprises IPO?

The Manipal Health Enterprises Limited IPO price band is ₹590 to ₹590 per share. Applications are made at the cut-off price, which is the upper end of the band.

What is the lot size of Manipal Health Enterprises IPO?

One lot is 25 shares, so a single application at the ₹590 cut-off costs ₹14,750. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.

What is the minimum investment in Manipal Health Enterprises IPO?

₹14,750 — one lot of 25 shares at ₹590. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Is Manipal Health Enterprises IPO a mainboard or SME issue, and on which exchange?

Manipal Health Enterprises Limited is a mainboard issue listing on NSE. The lead manager is Kotak Mahindra Capital Company Limited.

What is the issue size of Manipal Health Enterprises IPO?

The issue size is ₹9,705.54 crore, of which ₹8,000 crore is a fresh issue and ₹1,275.21 crore an offer for sale by existing shareholders.

Financials

What is the revenue of Manipal Health Enterprises?

Manipal Health Enterprises Limited reported revenue of ₹10,335.75 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

Is Manipal Health Enterprises profitable?

Manipal Health Enterprises Limited reported a profit after tax of ₹916.52 crore in FY2026. Earlier years are in the table above.

Where do the Manipal Health Enterprises IPO financials come from?

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

Shareholding

What is the promoter holding in Manipal Health Enterprises after the IPO?

The promoter and promoter group hold 72.08% after the issue, down from 81.43% before it, as disclosed in the offer document and filed with the exchange.

What is the pre-IPO shareholding of Manipal Health Enterprises?

Before the issue the promoter and promoter group hold 81.43% of Manipal Health Enterprises Limited. An unlisted company has no public shareholders; the public holding is created by the shares sold in this IPO.

Where does the shareholding pattern come from?

The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.

DRHP

Where can I read the Manipal Health Enterprises DRHP or RHP?

The offer document for the Manipal Health Enterprises Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

What are the strengths disclosed in the Manipal Health Enterprises DRHP?

The company is India's largest multispecialty hospital group by bed capacity with a pan-India presence. The company has the widest footprint in terms of presence of hospitals among private hospital chains in India. The company operates a patient-centric ecosystem rooted in transparency, and clinical and service excellence. The page lists all 8 as disclosed.

What are the key risks disclosed in the Manipal Health Enterprises DRHP?

The company's revenue from operations is derived substantially from Karnataka, and any loss of business or disruption in operations in Karnataka could have a material adverse effect. The company primarily generates revenue by providing inpatient care at its hospitals, and any inability to maintain or improve its admissions and hospital occupancy rates could adversely affect its business. The company derives a significant portion of its revenue from the CONGO-R specialties, and any negative changes in the demand for these specialties could adversely impact its business. The page lists all 8 disclosed risk factors.

Listing

When will Manipal Health Enterprises IPO list?

The Manipal Health Enterprises Limited shares are scheduled to list on 5 August 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

What was the Manipal Health Enterprises IPO listing price?

Manipal Health Enterprises Limited listed at ₹652, a gain of 10.5% on the ₹590 issue price.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the Manipal Health Enterprises IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.

Manipal Health Enterprises IPO Registrar where allotment and refund queries go

RegistrarKFin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Manipal Health Enterprises IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (31 Jul 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹3 on a ₹590 upper band means the grey market is dealing at ₹593.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.