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Manipal Health Enterprises Ltd.

Upcoming IPOOpens on 29 Jul 2026

Price Range

₹560–590

Issue Size

₹ 9,275 Cr

Lot Size

25 Shares

Min. Investment

₹ 14,000

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue8,242.266,171.63
Other Income157.497.21
Total Income8,399.666,268.84
Total Expenses6,152.594,492.29
Profit Before Tax1,242.31745
Total Profit1,081.67533.16

Subscription Details

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IPO Timeline

IPO Offer Start

29 Jul 2026

IPO Offer Ends

31 Jul 2026

Listing Date

TBA

About the Company

We operate a pan-India network of multispecialty hospitals delivering a comprehensive range of care services—from outpatientservices to complex tertiary and quaternary interventions. As of September 30, 2025, we operated 38 hospitals (48 hospitals ona pro forma basis) with 10,761 licensed beds (12,367 licensed beds on a pro forma basis) across 14 states and union territories.We have the widest footprint in terms of presence of hospitals among private hospital chains in India as of September 30, 2025(Source: CRISIL Report). For details, see “—Our Hospitals and Facilities” on page 238. We are the largest pan-Indiamultispecialty hospital network by bed capacity and the second largest hospital chain by number of hospitals as of September30, 2025 (Source: CRISIL Report). In November 2025, we commenced operations at our 49th hospital in Bengaluru (Karnataka),which increased our licensed bed capacity to 12,631 licensed beds as of December 31, 2025. For Fiscal 2025, we reported thesecond-highest revenue from operations of ?92,635.56 million (on a pro forma basis) among private hospital chains in India,and reported the third-highest revenue from operations of ?82,422.50 million, among private hospital chains in India

Use of Proceeds

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed byone of our Material Subsidiaries, namely, Manipal Hospitals Private Limited;2. Acquisition of minority stake in our stepdown Subsidiary, Sahyadri Hospitals Private Limited; and3. General corporate purposes