New Delhi: HL July 24, 2026
Manipal Health Enterprises has fixed the price band for its upcoming Rs. 9,275-crore Initial Public Offering (IPO) at Rs. 560 to 590 per equity share. The public issue will open for subscription on July 29 and remain open until July 31, with the anchor investor portion scheduled to open a day earlier on July 28.
The IPO includes a fresh issue of Rs. 8,000 crore and an Offer for Sale (OFS) worth Rs. 1,275 crore by existing shareholders. The proceeds from the fresh issue are expected to be used primarily for reducing debt, strengthening the company’s financial position, and supporting strategic expansion initiatives, including investments in hospital assets.
Key IPO Details:
Issue Size: Rs. 9,275 crore
Price Band: Rs. 560–Rs. 590 per share
IPO Opens: July 29, 2026
IPO Closes: July 31, 2026
Anchor Book: July 28, 2026
Listing: BSE and NSE (expected after allotment process)
Manipal Health Enterprises is one of India’s leading private healthcare providers, operating a large network of multi-speciality hospitals across the country. The company has expanded significantly over the past few years through acquisitions and capacity additions, making this IPO one of the biggest healthcare public offerings in India.
Market participants will closely track investor response to the issue, as it comes amid growing interest in India’s healthcare sector and increasing demand for quality hospital infrastructure.
