Manipal Health Enterprises Limited IPO — Subscription & GMP

closedMainboardBOTHNSE: MANIPALHOSBSE: 4704
Grey market premium
Est. listing gain
Subscribed
2.65×
exchange data · 29 min ago
Min. investment
₹14,750
25 shares × ₹590
Price band
₹560 – ₹590
Lot size
25
Issue size
Bidding
29 Jul 2026 → 31 Jul 2026
Allotment
Listing

Schedule

  1. 29 Jul 2026IPO open date
  2. 31 Jul 2026IPO close date
  3. 03 Aug 2026Allotment date
  4. 03 Aug 2026Funds unblock or debit
  5. 05 Aug 2026Tentative listing date

† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.

GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

Grey market premium

Unofficial · not from any exchange
No grey market premium is being quoted for this issue. Unlike subscription, GMP has no official source — when dealers are not quoting it, there is nothing to report.

Subscription status

Live from NSE · fetched 29 min ago
Overall subscribed
2.65×
exchange data, 29 min ago
QIB
4.19×
20.44 Cr of 4.87 Cr shares
NII
0.89×
2.19 Cr of 2.46 Cr shares
Retail
0.75×
1.22 Cr of 1.64 Cr shares
CategoryShares offeredShares bid forSubscribed
1Qualified Institutional Buyers(QIBs)4.87 Cr20.44 Cr4.19×
1(a)Foreign Institutional Investors(FIIs)9.76 Cr
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)1.74 Cr
1(c)Mutual funds1.54 Cr
2Non Institutional Investors2.46 Cr2.19 Cr0.89×
2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees)1.64 Cr1.54 Cr0.94×
2.1(a)Corporates5.33 L
2.1(c)Others37.66 L
2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees)82.10 L64.50 L0.79×
2.2(b)Individuals(Other than RIIs)62.29 L
3Retail Individual Investors(RIIs)1.64 Cr1.22 Cr0.75×
3(a)Cut Off1.05 Cr
3(b)Price bids17.31 L
4Employees2.98 L5.48 L1.84×
4(b)Price Bids1.17 L
Total9.01 Cr23.90 Cr2.65×

Source: NSE issue information · BSE public issue

Demand curve

Shares bid at each price point · BSE

₹560₹590 · peak 44.31 Cr shares bid

Anchor investors

From NSE's anchor allocation filing

Anchor investors are institutions allotted shares one working day before public bidding opens, in exchange for a lock-in. Up to 60% of the QIB portion can go to them, which reduces the QIB shares left for everyone else — and their participation is widely read as a confidence signal.

This issue’s anchor letter was filed as a scanned image with no text layer, so the allocation table cannot be read without OCR. We link the filing rather than publish figures we cannot verify.

Fundamentals

Valuation, returns and offer structure
ROCE
21.88%
latest reported year · strong above 15%
PAT margin
6.26%
net profit as a share of revenue
Revenue
10,935.62 Cr
PAT ₹6.26 Cr

Promoter holding pre/post issue is not published by any of our current data sources — it appears only in the RHP itself. Left blank rather than estimated.

Official source: Basis of Issue Price / ratios filing (NSE) — carries P/E, RoNW and EPS pre and post issue as filed.

Figures are as reported and not independently audited, and are read 5 d ago.

Equity split

Fresh equity vs offer for sale
₹8.00k Crto the company
Fresh equitynew capital, into the company's books
₹8.00k Cr 86.3%
Offer for saleto selling shareholders — the company receives nothing
₹1.28k Cr 13.8%
Total issue size
₹9.28k Cr

Read from the issue size stated in NSE's filing. The filing quotes the offer for sale as 2.16 Cr shares rather than a rupee amount, so it is valued here at the cap price of ₹590 — the final figure moves with the issue price.

Allotment status

Allotment status is not out yet. The registrar is KFin Technologies Limited.

Issue details

Price band
₹560 – ₹590
Lot size
25 shares
Min. bid quantity
25
Face value
₹2.00
Tick size
₹1.00
Shares offered
9.01 Cr
Issue size
Max bid · QIB
8.98 Cr
Max bid · NII
4.11 Cr
Employee discount
Employee Discount of Rs 56 to Eligible Employees

Timeline & process

Bidding opens
29 Jul 2026
Bidding closes
31 Jul 2026
Bidding hours
10.00 am to 5.00 pm
UPI mandate cutoff
31-July-2026 (Upto 5.00 pm)
Allotment
Listing

Intermediaries

Registrar
KFin Technologies Limited
Sponsor bank
AXIS BANK
Lead managers
Kotak Mahindra Capital Company Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited, UBS Securities India Private Limited, DBS Bank India Limited

Documents

Price band notice
PDF
Prospectus
View