Manipal Health Enterprises IPO: GMP, dates, price band, other key details in 10 points

Manipal Health Enterprises opens its 9,275 crore IPO on 29 July with a price band of 560 to 590 per share, comprising a fresh issue of 13.56 crore shares (8,000 crore) and an offer for sale of 2.16 crore shares (1,275.22 crore). Grey market premium stands at around 13, indicating a tepid expected listing premium of about 2%, down from 25 in the previous session. Revenue grew to 10,335.75 crore in FY26 from 8,242.25 crore in FY25, though profit declined to 892.32 crore from 1,065.36 crore; proceeds will be used to repay subsidiary borrowings and acquire a minority stake in Sahyadri Hospitals.