Manipal Health lists at 11% premium after ₹9,275 crore IPO
Bengaluru-based hospital chain Manipal Health Enterprises debuted at ₹655 on the BSE and ₹652 on the NSE, versus an IPO price of ₹590. The ₹9,275 crore issue was subscribed 4.92 times, led by 8.25-times QIB demand.
Bengaluru-based hospital chain Manipal Health Enterprises listed at Rs 655 on BSE and Rs 652 on NSE, about 11% above its Rs 590 IPO price. The Rs 9,275 crore issue was subscribed 4.92 times, with QIB demand at 8.25 times.
Why this matters
The listing follows Manipal Health's ₹4,167 crore anchor raise and IPO launch, where proceeds were earmarked for debt reduction and a Sahyadri stake buyout; it also exceeds expectations of a muted debut.
Retail-company signals are accelerating, up 206371% QoQ.