Archive · 3 Aug 2026
Manipal Health IPO Allotment, GMP, and Listing Details
Manipal Health Enterprises, a big hospital group in India, sold shares to the public in a big sale called an IPO.
People could buy shares from July 29 to July 31, 2023.
The sale was very popular, especially from big investors, but regular people bought fewer shares.
The company expected to raise about 9,275 crore rupees.
After the sale, the company will list its shares on the two main Indian stock markets on August 5.
People who bought shares can check if they got any by visiting the BSE, NSE, or the registrar’s website.
If they didn’t get shares, they will get their money back on August 4.
The Manipal Health IPO was oversubscribed 4.92×, with QIBs at 8.25× and retail at 0.93×.
The price band was ₹560–₹590, and the expected listing price is ₹581, about 1.5 % below the top of the band.
Grey‑market trading shows a discount of ₹7–₹15 per share, indicating a likely discount at listing.
Allotment was finalized on August 3, 2023; refunds for non‑allotted applicants start August 4.
Shares will be listed on the BSE and NSE on August 5, 2023.
- Who
- Investors who applied for the Manipal Health Enterprises IPO
- What
- Allotment of shares, GMP status, and listing details
- When
- Allotment finalized on August 3, 2023; listing on August 5, 2023
- Where
- Shares will be listed on the BSE and NSE in India
- Why
- To raise capital for the company’s expansion and operations
- Issue Period
- July 29–31, 2023
- Subscription Rate
- 4.92×
- Retail Subscription
- 0.93×
- QIB Subscription
- 8.25×
- Employees Subscription
- 2.19×
- NIIs Subscription
- 1.02×
- Price Band
- ₹560–₹590 per share
- Target Raise
- ₹9,275.22 crore
- Expected Listing Price
- ₹581 per share
- GMP (last day)
- -₹9 per share
- GMP Range
- -₹15 to +₹35 per share
- Grey Market Discount
- ₹7–₹15 per share (≈1.2 %)
- Allotment Date
- August 3, 2023
- Refund Date
- August 4, 2023
- Listing Date
- August 5, 2023
- Registrar
- Kfin Technologies Ltd
- Book Running Lead Managers
- Kotak Mahindra Capital, Axis Capital, Goldman Sachs (India) Securities, Jefferies India, JP Morgan India, UBS Securities India, DBS Bank
- Listing Exchanges
- BSE and NSE
Sources
Manipal Health IPO allotment today: GMP signals flat listing – Step-by-step guide to check status on BSE, NSE, KFintech
Manipal Health Enterprises IPO: How to check allotment status, latest GMP, listing & more
