Manipal Health Enterprises Ltd. has announced public offering of 157207055 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 588.00 per share. The gross proceeds of the issue are expected to be Rs 9,27,521.62 lakhs.

The company's initial public offer (IPO) will open on 29 July 2026 and is expected to close on 31 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 560.00-590.00 per share.

The IPO includes a fresh Issue of 157207055 Equity Shares of the Company at an price of Rs 590.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 25 shares with bids in multiples of 25.

Manipal Health Enterprises Ltd. anticipates using the proceeds of the issue for .

JP Morgan India Private Limited.,Kotak Mahindra Capital Company Ltd.,Axis Capital Ltd.,Jefferies India Pvt. Ltd.,Goldman Sachs (India) Securities Pvt. Ltd.,DBS Bank India Ltd.,UBS Securities India Pvt. Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.