Manipal Health Enterprises IPO Subscription Day 1: Issue booked 0.01 times as retail, NII bids begin

Mumbai, July 29: The Manipal Health Enterprises IPO opened for subscription today and witnessed a subdued start during the first few hours of bidding. As of 10:19 AM on Day 1, the ₹9,275.22 crore public issue was subscribed 0.01 times, according to exchange data.

The three-day book-built IPO, which opened on July 29, 2026, will remain available for subscription until July 31, 2026. The issue comprises a fresh issue of 13.56 crore equity shares aggregating ₹8,000 crore and an offer for sale of 2.16 crore shares worth ₹1,275.22 crore.

Manipal Health Enterprises IPO Day 1 Subscription Status

Early bidding remained muted across most investor categories, with retail participation slightly ahead of institutional demand.

The issue had received 16,835 applications as of the latest update.

IPO Details

The company has fixed the price band at ₹560 to ₹590 per share, with investors required to bid for a minimum of 25 equity shares and in multiples thereafter. At the upper end of the price band, a retail investor needs to invest at least ₹14,750 for one lot.

The IPO has been structured with a total issue size of 15.72 crore equity shares. Of the net offer, 54.37% has been reserved for qualified institutional buyers (QIBs), 27.18% for non-institutional investors (NIIs), and 18.12% for retail investors. An additional 2,80,899 shares have been reserved for eligible employees.

Key IPO Dates

• IPO opens: July 29, 2026

• IPO closes: July 31, 2026

• Expected allotment: August 3, 2026

• Expected demat credit: August 4, 2026

• Expected refund initiation: August 4, 2026

• Expected listing: August 5, 2026

About Manipal Health Enterprises

Manipal Health Enterprises is one of India’s leading healthcare providers, operating a network of multi-speciality hospitals, clinics and diagnostic centres. The company offers tertiary and quaternary healthcare services across specialties including cardiology, oncology, neurology, orthopaedics, organ transplantation and critical care. As of March 31, 2026, it operated 49 hospitals with 13,037 licensed beds across the country.

Conclusion

The Manipal Health Enterprises IPO has begun on a quiet note, with overall subscription at 0.01 times on the opening morning. Investor participation is expected to build over the remaining two days as institutional and retail bids gather pace before the issue closes on July 31, 2026.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/manipal-health-ipo-anchor-list.pdf