IPO Snapshot
 
Manipal Health Enterprises Ltd.
Issue Open Date 29-Jul-26  
Issue Closing Date 31-Jul-26  
Application Money 100  
Allotment Money  
Price Band 560 - 590  
Minimium Application No. 25  
Issue Size (Shares) 157207054  
Market Lot 1  
Objective
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed byone of our Material Subsidiaries, namely, Manipal Hospitals Private Limited;2. Acquisition of minority stake in our stepdown Subsidiary, Sahyadri Hospitals Private Limited; and3. General corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
We operate a pan-India network of multispecialty hospitals delivering a comprehensive range of care services—from outpatientservices to complex tertiary and quaternary interventions. As of September 30, 2025, we operated 38 hospitals (48 hospitals ona pro forma basis) with 10,761 licensed beds (12,367 licensed beds on a pro forma basis) across 14 states and union territories.We have the widest footprint in terms of presence of hospitals among private hospital chains in India as of September 30, 2025(Source: CRISIL Report). For details, see “—Our Hospitals and Facilities” on page 238. We are the largest pan-Indiamultispecialty hospital network by bed capacity and the second largest hospital chain by number of hospitals as of September30, 2025 (Source: CRISIL Report). In November 2025, we commenced operations at our 49th hospital in Bengaluru (Karnataka),which increased our licensed bed capacity to 12,631 licensed beds as of December 31, 2025. For Fiscal 2025, we reported thesecond-highest revenue from operations of ?92,635.56 million (on a pro forma basis) among private hospital chains in India,and reported the third-highest revenue from operations of ?82,422.50 million, among private hospital chains in India
Promoter's Holding
Total Share Capital   960653401  
Offered to Public    
Promoter's Holding (Pre-Issue)   81.43  
Promoter's Holding (Post-Issue)    
Address
The Annexe # 98/2
Rustom Bagh
Hal Airport Road
Bengaluru ,
Karnataka ,
560017
Phone : 080-49360300
Email : legalcs@manipalhospitals.com
Website : www.manipalhospitals.com
Registrar
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
DBS Bank India Ltd.
Goldman Sachs (India) Securities Pvt Ltd
Jefferies India Pvt Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
UBS Securities India Pvt Ltd
Promoters
Sathish Kolar Ramamoorthy