Manipal Health Enterprises IPO Allotment Status: Step-by-Step Guide To Check Share Allocation Status On KFin Technologies, BSE, And NSE

The subscription window of Manipal Health Enterprises' initial public offering (IPO) closed on July 31. The multi-specialty hospital chain operator saw decent investor interest during its bidding period, primarily driven by institutional buyers.

Following the closing of the bidding window, the share allotment status of the Manipal Health Enterprises IPO is scheduled to be finalised today on August 3.

Manipal Health Enterprises IPO Subscription Details

Manipal Health Enterprises IPO offer size is a combination of a fresh issue of 135.6 million shares aggregating to Rs 8,000 crore and an offer for sale (OFS) of 21.6 million shares aggregating to Rs 1,275.22 crore, bringing the total issue size to Rs 9,275.22 crore.

The public issue successfully sailed through, being subscribed 4.92 times overall by the end of the final day as investors applied for 442.99 million shares compared to the 90 million shares set aside for bidders.

Institutional buyers emerged as the biggest driver of the issue, with Qualified Institutional Buyers (QIBs) booking their quota 8.25 times. Non-Institutional Investors (NIIs) subscribed to their portion 1.02 times, while the retail investor quota was booked 93 per cent. Employees of the company subscribed to their reserved portion 2.19 times.

Manipal Health Enterprises IPO GMP

Ahead of the share allotment, Manipal Health Enterprises shares are being actively tracked in the unlisted market. Investors keep a close watch on the grey market premium (GMP) to gauge the expected listing price. Currently, the GMP for the company’s shares has slipped into negative territory, trending at a discount of Rs 6. Based on the upper end of the price band, the stock is likely to list at Rs 584 apiece, representing a discount of 1.02 per cent.

Manipal Health Enterprises IPO Allotment

Investors who applied for the Manipal Health Enterprises IPO can view the status of their share allotment through the official registrar, KFin Technologies, or through the BSE and NSE websites once the basis of allotment is finalised.

Steps To Check Manipal Health Enterprises IPO Allotment on NSE

1. Head to the National Stock Exchange's official bid verification portal: nseindia.com/invest/check-trades-bids-verify-ipo-bids

2. Select "Equity" as your instrument type.

3. Find and click on "Manipal Health Enterprises" from the dropdown menu of companies.

4. Type in your PAN and your application details.

5. Click the submit button to see how many shares you have been allotted.

How To See Manipal Health Enterprises IPO Allotment Status on the BSE Website

1. Go to the Bombay Stock Exchange's investor status page via this link: bseindia.com/investors/appli_check.aspx

2. Ensure sure that the "Equity" option is highlighted.

3. Find "Manipal Health Enterprises" within the list of active issues and select it.

4. Provide either the PAN associated with your bid or your specific application number.

5. Click "Search" to display how many shares you have been allotted.

Steps To Check Manipal Health Enterprises IPO Share Status On Registrar Website

1. Visit the dedicated IPO status tracking page of KFin Technologies at ris.kfintech.com/ipostatus/

2. Choose "Manipal Health Enterprises" from the provided list of recent public issues.

3. Select whether you want to verify your status using your Application Number, Demat Account ID, or PAN.

4. Type in the corresponding credential carefully into the text field.

5. Click the search button to view your confirmed share allotment.

Manipal Health Enterprises IPO Details

The Manipal Health Enterprises IPO is a book-built issue worth Rs 9,275.22 crore. The price band for the issue was fixed between Rs 560 and Rs 590 per share. Retail investors were required to bid for a minimum lot size of 25 shares, translating to a minimum investment of Rs 14,750.

Manipal Health Enterprises IPO Listing Date

The basis of allotment for the Manipal Health Enterprises IPO is scheduled to be finalised on August 3. The initiation of refunds for non-allottees and the credit of shares to successful investors' demat accounts will take place on August 4. Manipal Health Enterprises shares are set to make their stock market debut on both the NSE and BSE on Wednesday, August 5.