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Disclaimer: CAPITA1 provides market information and educational content only. We are not a SEBI-registered investment adviser or research analyst, and nothing on this site is investment advice, a buy/sell recommendation, or a solicitation. Figures come from publicly available sources, may be delayed, and are not guaranteed accurate, complete or current. Investing in securities carries risk — consult a qualified financial adviser before making any investment decision. Using this site means you accept our Terms.

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NSE · BSE

IPO Center
MH

Manipal Health Enterprises Limited IPO

ListedMainboard

— · ₹560 – ₹590 · ₹5,315.21 Cr

Last updated: 10 Sept 2026, 08:18 am · 6m ago
  1. 29 Jul 2026Open Date
  2. 31 Jul 2026Close Date
  3. 3 Aug 2026Allotment Date
  4. 5 Aug 2026Listing Date

Check your allotment

BSE allotment statusNSE allotment status

These open the registrar's and the exchanges' own websites. Manipal Health Enterprises Limited is not affiliated with CAPITA1, and we never ask for your PAN or application number.

IPO Snapshot
—/ 100
Opportunity Score
🔴 Expensive
Broker Consensus
Not Available
GMP %
N/A
Subscription
N/A
P/E
76.52x
ROE
N/A
ROCE
21.88%
DRHP RHP

“Broker Consensus” is CAPITA1's algorithmic verdict from GMP, subscription, fundamentals & valuation — broker recommendations aren't in our data feed. GMP is an unofficial grey-market estimate. Not investment advice.

Manipal Health Enterprises Limited IPO valuation · at upper band ₹590

🔴 Expensive
Market Cap (Post-IPO)
₹2,152.62 Cr
Market Cap (Pre-IPO)
₹-3,799.38 Cr
Enterprise Value
Not Available
Earnings Per Share (EPS)
₹7.71
Net Asset Value per Share (NAV)
₹72.55
Price to Earnings (P/E) at upper band
76.52x
Price to Book (P/B)
8.13x
EV / EBITDA
Not Available
Return on Net Worth (RoNW)
10.57%
Return on Equity (ROE)
Not Available
Return on Capital Employed (ROCE)
21.88%
Debt to Equity (D/E)
Not Available
Premium vs Peers
+33.23% (premium)

Peer Valuation Comparison

CompanyMarket CapP/EP/BROEROCE
Manipal Health Enterprises Limited (this IPO)₹2,152.62 Cr76.52x8.13xNot Available21.88%
Powerica Limitedcheapest₹6,702.19 Cr24.45x2.09x17.89%Not Available
Cummins India Limited₹1.53L Cr64.13x15.13x29.45%Not Available
Kirloskar Oil Engines Limited₹31,862.97 Cr43.24x5.85x16.82%Not Available
NTPC Green Energy Limitedpriciest₹75,862.25 Cr129.40x3.92x2.58%Not Available
Acme Solar Holdings Limited₹25,610.13 Cr50.74x2.76x5.59%Not Available
Adani Green Energy Limited₹2.28L Cr101.53x7.26x11.9%Not Available

Cheapest by P/E: Powerica Limited (24.4x) · Most expensive: NTPC Green Energy Limited (129.4x)

Formulas used (all at upper price band)
  • Market Cap (Post-IPO) = Upper Price × Post-issue Shares (Shares = Latest FY PAT ÷ EPS)
  • Market Cap (Pre-IPO) = Post-IPO Market Cap − Fresh Issue
  • Enterprise Value = Market Cap + Total Debt − Cash (cash assumed nil)
  • Total Debt = Debt/Equity × Net Worth
  • Net Worth = NAV (Book Value/Share) × Post-issue Shares
  • P/E Ratio = Upper Price ÷ EPS
  • P/B Ratio = Upper Price ÷ NAV
  • EV / EBITDA = Enterprise Value ÷ EBITDA
  • Premium vs Peers = (IPO P/E − Peer Median P/E) ÷ Peer Median P/E

Company financials (EPS, NAV, ratios) from Issuer DRHP figures, compiled from public IPO listings; listed-peer market data from Yahoo Finance. Ratios computed at the upper price band; not investment advice.

AI IPO AnalysisAI

DRHP / RHP IntelligenceAI

Generate an AI read of the offer document — business, risks, promoters, use of funds and an educational verdict, with citations back into the filing.

Listing Performance

Issue Price (upper band)
₹590
Listed At
₹652.00
Listing Gain
+10.51%

Opening price on the first trading day. Not the current price, and not a return — what happened after listing is not shown here.

GMP (Grey Market Premium)

Not available — already listed.

No exchange publishes a grey-market premium; this is not investment advice.

Subscription

Bidding not started.

Timeline

Open Date
29 Jul 2026
Close Date
31 Jul 2026
Allotment
03 Aug 2026
Refund
04 Aug 2026
Demat Credit
04 Aug 2026
Listing
05 Aug 2026

Lot Size & Offer

Lot Size
Not Available
Min Investment
Not Available
Fresh Issue
Not Available
Offer for Sale
Not Available

Reservation

QIB
74.87%
NII / HNI
14.97%
Retail
9.98%
Employee
Not Available

Objectives of the Issue

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by one of the Material Subsidiaries, Manipal Hospitals Private Limited
  • Acquisition of minority stake in the stepdown Subsidiary, Sahyadri Hospitals Private Limited
  • General corporate purposes

Financial Highlights (₹ Cr)

PeriodRevenuePATAssetsNet Worth
2023184.8132.1251.58—
2024206.4534.44339.25—
2025322.5828.13455.49—
Dec 2025236.538.69561.34—
Revenue Growth
+56.25%
PAT Growth
-18.32%
EBITDA
₹82.52 Cr
EBITDA Margin
25.58%
ROE
Not Available
ROCE
21.88%
Debt / Equity
Not Available
Net Worth
Not Available

Promoter Holding

Pre-Issue
81.43%
Post-Issue
Not Available

Registrar & Managers

Registrar
Not Available
Book Running Lead Managers
Not Available

Offer Documents

RHP DRHP

Market data: NSE (official calendar, issue filing and subscription) · CAPITA1 desk (GMP) · updated 10 Sept 2026, 08:18 am

Fundamentals: Issuer DRHP figures, compiled from public IPO listings · fetched 02 Aug 2026, 06:17 am

IPO calendar, issue details and subscription from NSE. Any grey-market premium shown is CAPITA1’s own unofficial estimate, entered by hand — not investment advice, and no exchange publishes one. Company fundamentals (financials, peers) are not part of the live feed.

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