M
Manipal Health Enterprises Ltd.
LISTED
Mainboard
GMP-
Subscription4.92×Overall
Min. Investment₹14,0001 lot × 25 shares
IPO Details
Issue Size₹5,39,243.56 Cr
Price Band₹560 – ₹590Per equity share
Lot Size25 SharesMin 1 lot (Retail)
Face Value₹2 / sharePaid-up equity
Total Shares913.97 CrOffered to public
Market Cap₹69,605.68 CrAt upper price band
QIB Quota3.61%Qualified Inst. Buyers
Retail Quota1.2%Non-inst. investors
IPO Timeline
Issue Opens29 Jul 2026
IPO subscription begins
Issue Closes31 Jul 2026
Last day to apply
Basis of Allotment3 Aug 2026
Allotment finalization
Listing Date5 Aug 2026
Trading begins on BSE & NSE
About & Business
- Background
- Promoters
Our Company was originally incorporated in Bengaluru, Karnataka as ‘Manipal Health Enterprises Private Limited’ as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated February 15, 2010, issued by the RoC. Subsequently, our Company was converted to a public limited company, and the name of our Company was changed to Manipal Health Enterprises Limited pursuant to resolutions passed by our Board and our Shareholders on November 8, 2025 and November 20, 2025, respectively. Subsequently, a fresh certificate of incorporation dated December 24, 2025 was issued by the Registrar of Companies, Central Processing Centre.
Major Events & Milestones
1991
Manipal Hospital Old Airport Road, Bengaluru, Karnataka, commenced operations
1993
Expanded presence in Bengaluru through Manipal North Side Hospital, Bengaluru, Karnataka
1994
Expanded presence to Goa through Manipal Hospital Goa
1997
KMC Hospital, Mangalore (formerly known as Kasturba Medical College Hospital) commenced operations
2006
Manipal Hospital Vijayawada commenced operations
2007
Expanded presence in Tamil Nadu through Manipal Hospital, Salem
2008
Manipal Hospital Old Airport Road, Bengaluru, Karnataka received certificate of accreditation from National Association Board for Hospitals and Healthcare Providers
Expanded presence in Bengaluru through Malathi Manipal Hospital, Bengaluru, Karnataka
2014
Expanded presence in Rajasthan through Manipal Hospital Jaipur, Rajasthan
2016
Manipal Hospital Whitefield, Bengaluru, Karnataka commenced operations
2018
HCMCT Manipal Hospital Dwarka, New Delhi commenced operations
2021
Our Company completed the acquisition of MHPL (formerly known as Columbia Asia Hospitals Private Limited)
Our Company completed the acquisition of MHBPL (formerly known as Vikram Hospital (Bengaluru) Private Limited)
2022
Manipal Hospital Pune Baner commenced operations
2023
Our Company completed the acquisition of MHEIPL (formerly known as AMRI Hospitals Limited)
2024
Our Company completed the acquisition of MHSPL (formerly known as Medica Synergie Private Limited)
2025
Our Company acquired the Sahyadri Group by way of acquisition of majority shareholding of SHPL Manipal Hospital Kanakapura Road commenced operations
Manipal Hospital Yelahanka commenced operations
Objectives of the Issue
- 01Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by one of our Material Subsidiaries, namely, Manipal Hospitals Private Limited
- 02Acquisition of minority stake in our stepdown Subsidiary, Sahyadri Hospitals Private Limited
- 03General corporate purposes
Agencies & Documents
Book Running Lead Managers (BRLMs)
- Axis Capital Ltd.
- DBS Bank India Ltd.
- UBS Securities India Pvt. Ltd.
- Kotak Mahindra Capital Company Ltd.
- Jefferies India Pvt. Ltd.
- Goldman Sachs (India) Securities Pvt. Ltd.
- JP Morgan India Private Limited.
Registrar to the Issue
KFin Technologies Ltd.67162222
IPO CalculatorListed
Price Band560 – 590Cut-off: ₹590 per share
Closes31 Jul 20265:00 PM IST
Select Lots
1
Shares25 shares
Price per share₹590 (cut-off)
Total Investment₹14,750
Subscription Status
4.92× Overall| Category | Subscribed | Shares Offered |
|---|---|---|
| Qualified Institutional Buyers | 8.25× | 4,87,39,889 |
| Employee Reserved | 2.19× | 2,97,619 |
| Non Institutional Investors | 1.02× | 2,46,30,467 |
| Retail Individual Investors | 0.93× | 1,64,20,311 |
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