Manipal Health Enterprises IPO off to slow start, subscribed 15% on opening day; retail portion booked 27%

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Manipal Health Enterprises' IPO saw a sluggish start, being subscribed 0.15 times on Day 1, with retail and non-institutional portions lagging. The company raised ₹4,167 crore from anchor investors. The total issue size is ₹9,275 crore, with shares listing on August 5.