Manipal Hospitals Set to File for $1 Billion India IPO in January
ByAinvest
Wednesday, Dec 3, 2025 4:57 am ET1min read
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Manipal Health Enterprises is planning a $1 billion IPO in January, targeting a valuation of up to $13 billion. The Bengaluru-based hospital chain has hired Kotak Mahindra, Goldman Sachs, JPMorgan, and Jefferies for the deal. The IPO will comprise a fresh issue and an offer for sale by existing investors. Manipal may become India's most valuable healthcare operator after the listing.
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