Manipal Health Enterprises IPO
Manipal Health Enterprises IPO is a mainboard IPO raising ₹9,275 Cr at ₹560 – ₹590 a share. It listed on 5 Aug 2026 at ₹652, +10.5% against its issue price of ₹590, and trades at ₹717 today (+21.5% since issue). It was subscribed 4.92× in total.
4.9 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 4,87,39,889 | 40,21,59,425 | 8.25× |
| Foreign Institutional Investors | no separate quota | 14,65,59,200 | n/a |
| Domestic Financial Institutions | no separate quota | 2,71,25,275 | n/a |
| Mutual funds | no separate quota | 14,01,91,525 | n/a |
| Others | no separate quota | 8,82,83,425 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 2,46,30,467 | 2,50,39,675 | 1.02× |
| Non Institutional Investors | 1,64,20,312 | 1,76,78,100 | 1.08× |
| Corporates | no separate quota | 12,94,000 | n/a |
| Individuals | no separate quota | 1,20,88,775 | n/a |
| Others | no separate quota | 42,95,325 | n/a |
| Non Institutional Investors | 82,10,155 | 73,61,575 | 0.90× |
| Corporates | no separate quota | 55,950 | n/a |
| Individuals | no separate quota | 71,27,125 | n/a |
| Others | no separate quota | 1,78,500 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,64,20,311 | 1,52,23,475 | 0.93× |
| Cut Off | no separate quota | 1,30,52,775 | n/a |
| Price bids | no separate quota | 21,70,700 | n/a |
| Employees | 2,97,619 | 6,50,450 | 2.19× |
| Cut Off | no separate quota | 5,11,100 | n/a |
| Price Bids | no separate quota | 1,39,350 | n/a |
| Total | 9,00,88,286 | 44,30,73,025 | 4.92× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 1 Aug, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 3% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.23 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.