New Delhi, July 30 -- Manipal Health Enterprises IPO Day 2: Manipal Health Enterprises opened its Rs.9,275 crore initial public offering (IPO) for subscription on Tuesday, July 29. The public issue will remain open until Friday, July 31, with the hospital operator fixing a price band of Rs.560-590 per equity share.

Investor sentiment toward the IPO is muted, as Manipal Health grey market premium (GMP) is Rs.9 on 30 July. This suggested that the stock was likely to debut at Rs.599, up just 1.5% from IPO price.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

The IPO was subscribed 0.15 times by end of Day 1. Day 2 subscription will start at 10 am today.

Brokerages have offered mixed views on the Ma...