Manipal Health Enterprises Ltd.
NSE & BSE₹560–590
₹ 5,315 Cr
25 Shares
₹ 14,000
₹2
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 1,03,357.51 | 82,422.5 | |
| 1,847.65 | 1,573.89 | |
| 1,05,205.16 | 83,996.39 | |
| 77,245.79 | 61,525.69 | |
| 11,780.3 | 12,423.14 | |
| 9,165.19 | 10,816.72 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
29 Jul 2026
IPO Offer Ends
31 Jul 2026
5 Aug 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interes | 55,527.59 |
| 2 | Acquisition of minority stake in our stepdown Subsidiary, Sahyadri Hospitals Private Limited | 5,740 |
| 3 | General corporate purposes | 16,289.28 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
81.43%
Promoter stake
Post-IPO
72.08%
Promoter stake
Offered to Public
9,00,88,286
shares
Post Share Capital
94,81,76,081
shares
IPO Registrar
KFIN Technologies Ltd.
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
Manipal Health Enterprises Ltd. Latest News
News
Manipal Health gains on signing BTA to acquire Kinder Women’s Hospital in Bengaluru
The acquisition is allied to the current business and would result in growth opportunities in line with the strategic directions of the company
Manipal Health signs BTA to acquire Kinder Women’s Hospital and Fertility Centre in Bengaluru
The acquisition is allied to the current business and would result in growth opportunities in line with the strategic directions of the company
Manipal Health Enterprises lists with 11% premium on the BSE
The scrip is currently trading at Rs. 653.70, up by 63.70 points or 10.80% from its issue price
Manipal Health Enterprises coming with IPO to raise Rs 9,705.54 crore
The issue will open for subscription on July 29, 2026 and will close on July 31, 2026
Manipal Health Enterprises gets SEBI’s nod to raise funds via IPO
Apart from the fresh issue, there will be an offer-for-sale of 43,227,668 equity shares by promoters
Manipal Health Enterprises files preliminary papers with SEBI for IPO
Proceeds from its fresh issuance worth Rs 5,378 crore will be utilised for loan payments availed by the company's arm, Manipal Hospitals
IPO FAQs
The Manipal Health Enterprises Ltd. IPO has a total of ₹5,315 crore, calculated at the upper end of the .
The Manipal Health Enterprises Ltd. IPO is priced at ₹560–590 per share. bids must fall within this , against a of ₹2 per share.
The for the Manipal Health Enterprises Ltd. IPO is 25 shares, which is also the minimum order quantity — you have to apply for at least 25 shares, and in multiples of 25 beyond that.
The minimum investment in the Manipal Health Enterprises Ltd. IPO is about ₹14,000 — one lot of 25 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Manipal Health Enterprises Ltd. opens on 29 Jul 2026 and closes on 31 Jul 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Manipal Health Enterprises Ltd. shares were listed on 5 Aug 2026 on BSE and NSE.
KFIN Technologies Ltd. is the for the Manipal Health Enterprises Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Manipal Health Enterprises Ltd. IPO shares are listed on BSE and NSE.
Each Manipal Health Enterprises Ltd. share has a of ₹2.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 81.43% of Manipal Health Enterprises Ltd. before the IPO, which falls to 72.08% after the issue.
9,00,88,286 shares of Manipal Health Enterprises Ltd. are being offered to the public in this issue.
The Manipal Health Enterprises Ltd. IPO has been subscribed 4.92x overall — 8.25x, 1.02x, 0.93x and employees 2.19x.
figures update through the issue period until it closes.
- 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
- 3.General corporate purposes
Kotak Mahindra Capital Co Ltd, Axis Capital Ltd., Goldman Sachs (India) Securities Pvt Ltd, Jefferies India Pvt Ltd., JP Morgan India Pvt Ltd, UBS Securities India Pvt Ltd and DBS Bank India Ltd. are the for the Manipal Health Enterprises Ltd. IPO.
Pre-apply means placing your Manipal Health Enterprises Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Manipal Health Enterprises Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Manipal Health Enterprises Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.