Manipal Health Enterprises IPO Subscription Status Day 3: Bidding Enters Final Day As Investor Participation Improves

Mumbai, July 31:Manipal Health Enterprises IPO entered its final day of subscription on Friday, with investor participation gathering pace compared with the previous two sessions. While the ₹9,275.22 crore public issue was yet to be fully subscribed by late morning, demand strengthened across both retail and institutional categories as investors continued to place bids on the last day of the offer.

According to the latest exchange data available till 11:43 AM, the IPO was subscribed 0.56 times overall. The QIB (Ex Anchor) portion led demand with 0.72 times subscription, followed by the retail category at 0.59 times. The NII segment was subscribed 0.20 times, while the employee reservation stood out with 1.84 times subscription, making it the only category to cross the one-time mark so far.

Subscription trends have improved consistently over the three-day bidding period. Overall demand has climbed from 0.15 times on Day 1 to 0.47 times on Day 2, reaching 0.56 times by late morning on the final day. Investors will now watch whether stronger institutional and high-net-worth participation during the remaining trading hours pushes the issue closer to full subscription before bidding closes.

Manipal Health Enterprises IPO Subscription Status Day 3

As of 11:43 AM on July 31, the subscription stood at:

• Overall: 0.56 times

• QIB (Ex Anchor): 0.72 times

• Retail: 0.59 times

• NII: 0.20 times

• bNII: 0.19 times

• sNII: 0.21 times

• Employees: 1.84 times

Subscription Trend

The subscription has shown gradual improvement during the bidding period:

Manipal Health Enterprises IPO Details

The IPO is a ₹9,275.22 crore book-built issue comprising:

• Fresh Issue:13,56,19,881 equity shares aggregating up to ₹8,000 crore

• Offer for Sale:2,16,13,834 equity shares aggregating up to ₹1,275.22 crore

The company has fixed the price band at ₹560 to ₹590 per share.

Retail investors can bid for a minimum of 25 shares, requiring an investment of ₹14,750 at the upper end of the price band.

Reservation Break-Up

The net issue has been allocated as follows:

• QIB: 11,77,14,612 shares (75%)

• NII: 2,35,42,922 shares (15%)

• Retail: 1,56,95,282 shares (10%)

The IPO also includes a reservation of 2,80,899 shares for employees, who are eligible for a ₹56 per share discount. Ahead of the public issue, the company raised ₹4,167.10 crore from anchor investors.

Key Dates

• IPO Opens: July 29, 2026

• IPO Closes:July 31, 2026

• Expected Allotment: August 3, 2026

• Refunds: August 4, 2026

• Credit of Shares: August 4, 2026

• Tentative Listing: August 5, 2026 on the BSE and NSE

About Manipal Health Enterprises

Manipal Health Enterprises is one of India’s leading healthcare providers, operating a nationwide network of multi-speciality hospitals, clinics and diagnostic centres. As of March 31, 2026, the company operated 49 hospitals with 13,037 licensed beds and 21 clinics, offering services across specialties including cardiology, oncology, neurology, orthopaedics and organ transplantation.

Conclusion

With bidding set to close later today, Manipal Health Enterprises IPO has witnessed a steady improvement in demand, particularly from qualified institutional buyers and retail investors. The final subscription figures will depend on the pace of bids received during the remaining market hours, as institutional investors typically account for a significant portion of applications on the closing day.

Source:

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