Manipal Health Enterprises – IPO

The IPO of Manipal Health is proposed as a book-built issue. The IPO is expected to comprise a combination of a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders. The exact issue size, fresh issue details, offer for sale, price band, and lot size will be announced by the company before the public issue opens.

The opening and closing dates for the Manipal Health IPO, along with the allotment date and tentative listing date on the BSE and NSE, will be notified in the Red Herring Prospectus (RHP) and official IPO schedule once approved by the regulatory authorities.

The minimum investment amount for retail investors, lot size, price band, and category-wise investment requirements for sNII and bNII investors will be available after the IPO details are officially declared.

Manipal Health Enterprises – IPO Details

IPO Date -- to --
Listing Date --
Face Value ₹ 2 / Share
Price Band ₹ -- to ₹ -- / Share
Lot Size Shares
Total Issue Size
Fresh Issue
(Aggregating up to 8000 )
Offer for Sale 43227668
Employee Discount
Issue Type Bookbuilding IPO
Listing At BSE NSE
Share holding pre issue
Share holding post issue
Market Maker portion

Manipal Health Enterprises Timeline (Tentative Schedule)

Manipal Health Enterprises IPO opens on --, and closes on --.

IPO Open Date --
IPO Close Date --
Basis of Allotment --
Initiation of Refunds --
Credit of Shares to Demat --
Listing Date --
Cut-off time for UPI mandate confirmation --

Manipal Health Enterprises IPO Lot Size

Application Lots Shares Amount
Retail (Min)
Retail (Max)
S-HNI (Min)
S-HNI (Max)
B-HNI (Min)
HNI (Min)

Manipal Health Enterprises IPO Promoter Holding

Share Holding Pre Issue
Share Holding Post Issue

Manipal Health Enterprises IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered
NII (HNI) Shares Offered 15
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered 35
Employee Shares Offered
Total Shares Offered

Manipal Health Enterprises IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Manipal Health Enterprises

Manipal Health Enterprises Limited is a healthcare service providers, operating a large network of multi-specialty hospitals, clinics, and diagnostic centres across the country. It is part of the Manipal Group, founded by T. M. A. Pai.

The company offers a wide range of healthcare services including tertiary and quaternary care, organ transplants, oncology, cardiology, neurology, orthopaedics, and preventive healthcare. Its hospitals are equipped with advanced medical technology and are staffed by experienced medical professionals.

Manipal Health focuses on delivering quality, patient-centric care and expanding access to healthcare through strategic acquisitions, partnerships, and continuous investment in medical infrastructure and digital health initiatives.

As of September 30, 2025, the company operated 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 operating 17 clinics as of September 30, 2025.

Competitive Strengths:

  • India’s largest multispecialty hospital group by bed capacity with pan-India presence and leadership in our three key region.
  • We are the only private hospital chain network in India with leadership in three metros (Bengaluru, Kolkata and Pune) with a balanced and diversified presence across metros and non-metros.
  • Widely recognized brand and network of choice for patients, doctors and healthcare professionals
  • Advanced infrastructure and medical equipment, with a strong focus on clinical excellence
  • Track record of delivering industry leading growth with strong profitability and efficiency metric

Key Performance Indicator

KPI Values
ROE
ROCE 26.98
Debt/Equity
RoNW 8.72
P/BV
PAT Margin (%) 6.01
  Pre IPO Post IPO
EPS (Rs)
P/E (x)

Note:

Ranjan Ramdas Pai, Manipal Global Health Services, Memg International Ltd., Kangto Investments Pte.Ltd., Imperius Healthcare Investments Pte.Ltd. and Kabru Investments Pte.Ltd.







Objects of the Issue (Manipal Health Enterprises IPO Objectives)

Manipal Health Enterprises Contact Details

Manipal Health Enterprises Ltd. Address

The Annexe,

#98/2, Rustom Bagh,

HAL Airport Road,

Bengaluru, Karnataka, 560017

Manipal Health Enterprises IPO Registrar

Frequently Asked Questions


What is Manipal Health Enterprises IPO?
The Manipal Health Enterprises IPO is classified as an Mainline IPO. The issue price is set between ₹ and ₹ per equity share. A minimum of shares is required per order. The IPO will be open from November 30, -0001, to November 30, -0001. The shares are proposed to be listed on BSE NSE.

When does the Manipal Health Enterprises IPO open and close?
The Manipal Health Enterprises IPO will be opened on November 30, -0001, and closed on November 30, -0001.

What is the issue size of the Manipal Health Enterprises IPO?
The size of the Manipal Health Enterprises IPO is in total. A fresh issue of shares, aggregating up to 8000 , is included.

What is the price band of the Manipal Health Enterprises Limited IPO?
The price band for the IPO has been set between ₹ - ₹ per equity share.

What is the allotment date of the Manipal Health Enterprises IPO?
The share allotment date for the Manipal Health Enterprises IPO is set for November 30, -0001.

What is the Manipal Health Enterprises listing date?
The Manipal Health Enterprises IPO is scheduled to be listed on November 30, -0001.

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