Manipal Health Enterprises IPO
Manipal Health Enterprises IPO is priced at ₹560–₹590 per share with an issue size of ₹9275.21 crore. The IPO opens on Jul 29, 2026 and closes on Jul 31, 2026, with a lot size of 25 shares and a minimum investment of ₹14,750.

Manipal Health Enterprises Limited IPO
- IPO Dates
- Jul 29, 2026 – Jul 31, 2026
- Price band
- ₹560-590 per equity share
- Issue size
- ₹9275.21 Cr
- Lot size
- 25
- Listing
- Aug 5, 2026
- Listing At
- BSE, NSE
IPO timeline
- Open Date
Jul 29, 2026
Open Date
Upcoming
- Close Date
Jul 31, 2026
Close Date
Upcoming
- Allotment Date
Aug 3, 2026
Allotment Date
Upcoming
- Listing Date
Aug 5, 2026
Listing DateUpcoming
Manipal Health Enterprises IPO Details
Manipal Health Enterprises IPO is priced at ₹560-590 per share with a total issue size of 9275.21 crore. The IPO has a lot size of 25 shares and will be listed on BSE and NSE.
- Issue price
- ₹560-590 per equity share
- Lot size
- 25 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- ₹9275.21 Cr.
- Total issue size
- 15,72,07,054 shares
(aggregating up to ₹9275.21 crore) - Fresh issue
- 13,55,93,220 shares
(aggregating up to ₹8000 crore) - Offer for sale (OFS)
- 2,16,13,834 shares
(aggregating up to ₹1275.21 crore) - Listing at
- BSE, NSE
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
- 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., DBS Bank India Ltd.
Market Lot Size
Investors can bid for a minimum of 25 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 25 | ₹14,750 |
| Retail(max) | 13 | 325 | ₹1,91,750 |
| sHNI(min) | 14 | 350 | ₹2,06,500 |
| sHNI(max) | 67 | 1,675 | ₹9,88,250 |
| bHNI(min) | 68 | 1,700 | ₹10,03,000 |
Manipal Health Enterprises Valuations
Earnings
- EPS Pre IPO
- ₹7.77/-
- EPS Post IPO
- ₹6.97/-
- P/E Pre IPO
- 75.93
- P/E Post IPO
- 84.65
Returns
- ROCE
- 21.88%
- RoNW
- 10.57%
- PAT Margin
- 8.87%
Fundamentals
- Price / Book
- 8.13
- Market Cap
- ₹77,605.68 Cr.
Manipal Health Enterprises Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 24,864.50 | 14,072.08 | 10,818.83 |
| Revenue | 10,520.52 | 8,362.79 | 6,265.17 |
| Profit After Tax | 916.52 | 1,081.67 | 533.20 |
| Net Worth | 8,440.92 | 5,865.66 | 4,029.22 |
| Reserves & Surplus | 8,204.96 | 5,788.60 | 3,953.59 |
| Total Borrowing | 10,553.43 | 4,766.83 | 3,943.98 |
Manipal Health Enterprises financials show revenue growth and profitability trends over recent years, indicating business stability.
About Manipal Health Enterprises
Manipal Health Enterprises Limited is a service provider in the field of healthcare and runs a large chain of multi-specialty hospitals, clinics, and diagnostic centers all over the country. It is a constituent of the Manipal Group which was established by T. M. A. Pai.
It provides diversified healthcare facilities that include tertiary and quaternary care, organ transplant, oncology, cardiology, neurology, orthopaedics, and preventive healthcare services. The hospitals maintained by it are well equipped with high-quality medical equipment and have expert medical practitioners working there.
Manipal Health aims at providing quality and patient-oriented care along with the expansion of its presence in the healthcare market through strategic acquisitions, partnerships, and investment in its medical and digital health infrastructure.
As per September 30, 2025, the company had 38 hospitals (48 hospitals on a pro forma basis) with 10,761 licensed beds (12,367 licensed beds on a pro forma basis). They are running 17 clinics as on September 30, 2025.
Manipal Health Enterprises Promoter(s)
Dr.Ranjan Ramdas Pai, Manipal Global Health Services, Memg International Ltd, Kangto Investments Pte.Ltd., Imperius Healthcare Investments Pte.Ltd, Kabru Investments Pte.Ltd. are the company's promoters of Manipal Health Enterprises.
Manipal Health Enterprises IPO Issue Objectives
- •
- 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 - ₹5,378.0 Cr
- •
- Acquisition of minority stake in the stepdown Subsidiary, Sahyadri Hospitals Private Limited - ₹574.0 Cr
- •
- General corporate purposes
Contact Details
Manipal Health Enterprises
+91 80 4936 0300
https://www.manipalhospitals.com
The Annexe, #98/2, Rustom Bagh, HAL Airport Road, Bengaluru, Karnataka - 560017.
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000