Manipal Hospitals said to file $1 billion IPO in January
BusinessLine·2025-12-03 18:15

Manipal Health Enterprises Pvt. is planning to file for a 1billioninitialpublicofferinginJanuary,accordingtopeoplefamiliarwiththematter,settingthestageforthebiggestsuchlistingbyahospitaloperatorinIndia.Thecompanyistargetingavaluationofasmuchas1 billion initial public offering in January, according to people familiar with the matter, setting the stage for the biggest such listing by a hospital operator in India.The company is targeting a valuation of as much as 13 billion, the people said, asking not to be identified because the information is private. The IPO will comprise a fresh issue of shares as well as an offer for sale by existing investors, they said, adding that final details ma ...