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  5. Manipal Health Enterprises IPO subscribed 4.73 times so far on Day 3: Check allotment date and steps

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Manipal Health Enterprises IPO subscribed 4.73 times so far on Day 3: Check allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on July 31, 2026, 15:28 IST

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SUMMARY

Manipal Health Enterprises IPO, with a price band of ₹560 to ₹590 per share, comprises new equity shares valued at ₹8,000 crore and an offer-for-sale of ₹1,275.22 crore by existing shareholders.

Manipal Health Enterprises has a pan‑India network of multispecialty hospitals delivering a comprehensive range of care services. | Image: Manipalhospitals.com

Manipal Health Enterprises has a pan‑India network of multispecialty hospitals delivering a comprehensive range of care services. | Image: Manipalhospitals.com

The initial public offering of hospital chain Manipal Health Enterprises has been subscribed 4.73 times so far on the final day of bidding on Friday, July 31.

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It got bids for 42,58,90,925 shares compared to 9,00,88,286 shares on offer, according to the NSE data until 3:11 pm.

The quota for qualified institutional buyers (QIBs) secured 8.05 times subscription, while the portion meant for retail investors attracted 74% subscription. The part for non-institutional investors (NIIs) got subscribed 84%.

The IPO, with a price band of ₹560 to ₹590 per share, comprises new equity shares valued at ₹8,000 crore and an offer-for-sale of ₹1,275.22 crore by existing shareholders.

The company intends to use ₹5,378 crore from the fresh issue towards debt clearance of its subsidiary, Manipal Hospitals. It has kept aside ₹574 crore for acquiring the minority stake in the step-down unit, Sahyadri Hospitals Pvt Ltd, while the rest of the funds will be used for corporate general purposes.

Manipal Health Enterprises has a pan-India network of multispecialty hospitals providing services ranging from outpatient care to tertiary and quaternary interventions.

Manipal Health Enterprises IPO: Allotment and listing date

The basis of allotment of Manipal Health Enterprises is expected to be finalised on Monday, August 3. The listing on the NSE and the BSE will take place on Wednesday, August 5.

ALSO READ | Manipal Health vs Apollo Hospitals vs Max Healthcare: Which private hospital chain leads in revenue and profitability

How to check Manipal Health Enterprises IPO allotment status on NSE

How to check Manipal Hospitals IPO allotment status on KFin Technologies

  • Open this portal: https://ipostatus.kfintech.com/
  • In the ‘Select IPO’ dropdown menu, choose ‘Manipal Health Enterprises Ltd’
  • Add any one: IPO application number, Demat account number or PAN
  • Click on ‘Submit’

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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