Manipal Health IPO
Manipal Health Enterprises Limited is a healthcare company in India that runs many hospitals, clinics, and diagnostic centres. It is part of the Manipal Group, which was started by T. M. A. Pai.
IPO GMP
+₹3
+1% expected gain
Price Band
₹560 - ₹590
Lot Size
25 shares
Min Investment
₹14,750
Listing Date
August 5, 2026
About Manipal Health
Company overview, business, and key facts.
Manipal Health Enterprises Limited is a healthcare company in India that runs many hospitals, clinics, and diagnostic centres. It is part of the Manipal Group, which was started by T. M. A. Pai.
Moreover, the company provides different types of medical services such as organ transplants, oncology, cardiology, neurology, orthopaedics, and preventive healthcare.
The company has a major of give good quality care to patients and make healthcare more available. As of September 30, 2025, the company runs 38 hospitals (or 48 hospitals on a pro forma basis) with 10,761 beds (or 12,367 licensed beds on a pro forma basis). It also operates 17 clinics.
Headquarters
Bengaluru, Karnataka
Website
https://www.manipalhospitals.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review: May Apply
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Manipal Health IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Revenue growth, 2026
+25.8%
28.8% a year over the period
Profit growth, 2026
-15.3%
30.3% a year over the period
Profit margin (PAT)
8.7%
EBITDA margin 25.58%
ROE / ROCE
n/a% / 21.88%
As published in the offer document
Issue mix
86.3% fresh / 13.7% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹75
25 shares on ₹14,750. GMP is unofficial.
What stands out
- GMP has been rising over the last three readings.
Watch-outs
- Profit fell 15.3% in 2026.
- 90.4% of the disclosed use of proceeds is debt repayment.
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: post-IPO share count (market cap and P/E not computable), published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Manipal Health's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Manipal Health IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Manipal Health IPO is trading at a grey market premium (GMP) of +₹3 (+1% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 4.9x overall — QIB: 8.25x, NII: 1x, Retail: 0.86x.
Manipal Health IPO subscription has closed. The shares are expected to list on August 5, 2026.
The minimum investment required is ₹14,750 for 25 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review: May Apply.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Manipal Health IPO — Frequently Asked Questions
What is Manipal Health IPO GMP today?
Manipal Health IPO GMP (grey market premium) today is +₹3, suggesting an estimated listing gain of +1%. GMP is indicative and subject to change.
What is the price band of Manipal Health IPO?
The price band for Manipal Health IPO is ₹560 - ₹590 with a lot size of 25 shares. The minimum investment required is ₹14,750.
When is Manipal Health IPO allotment date?
Manipal Health IPO allotment is expected to be finalised on August 3, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.
When will Manipal Health IPO list on NSE/BSE?
Manipal Health IPO is expected to list on BSE, NSE on August 5, 2026.
How to check Manipal Health IPO allotment status?
To check Manipal Health IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Manipal Health IPO?
Manipal Health IPO has a GMP of +₹3. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Manipal Health IPO?
The lot size for Manipal Health IPO is 25 shares per lot. The minimum investment for retail investors is ₹14,750. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.