Manipal Health Enterprises IPO

Filed with SEBIMainboard

About Manipal Health Enterprises Limited

Manipal Health Enterprises Limited operates one of India's largest multi-specialty hospital networks under the Manipal Hospitals brand. As per its DRHP, the company runs a chain of around 38 hospitals (roughly 48 on a pro forma basis) along with clinics across India, offering tertiary and quaternary care including organ transplants, oncology, cardiology, neurology, gastroenterology and orthopedics. It serves inpatients and outpatients across owned and managed facilities and reported operating revenue of about ₹9,409 crore in FY2025.

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IPO Details

Price BandTBA
Face Value₹2
Issue SizeTBA
Fresh Issue₹8000 Cr
Listed OnBoth

Objects of the Issue

The issue comprises a fresh issue of equity shares aggregating up to ₹8,000 crore and an offer for sale of up to 4,32,27,668 equity shares by existing shareholders. The final use of net fresh-issue proceeds will be detailed in the Red Herring Prospectus; offer-for-sale proceeds accrue to the selling shareholders. Price band and lot size are yet to be announced.

Lot Size & Allocation

Reservation / Allocation

CategoryAllocationCut-off
QIB50%No
NII15%No
RII35%Yes

Registrar & Lead Managers

Registrar

KFin Technologies Limited

Lead Managers (7)

Kotak Mahindra Capital Co.Ltd.
Axis Capital Ltd.
Jefferies India Pvt. Ltd
Goldman Sachs (India) Securities Pvt. Ltd.
J.P. Morgan India Pvt. Ltd.
UBS Securities India Pvt. Ltd.
DBS Bank India Ltd.

Frequently Asked Questions

2 questions about Manipal Health Enterprises IPO IPO

Manipal Health Enterprises IPO is a proposed mainboard IPO of Manipal Hospitals' operating company. As per the DRHP filed with SEBI, it comprises a fresh issue of equity shares aggregating up to ₹8,000 crore and an offer for sale of up to 4,32,27,668 equity shares of face value ₹2 each. The price band, lot size and issue dates are yet to be announced and will be confirmed in the Red Herring Prospectus. Shares are proposed to be listed on BSE and NSE.

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