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Temasek-backed hospital chain Manipal Health files for India IPO

Manipal Health Enterprises, backed by Temasek, is launching its IPO, aiming to raise approximately 80 billion rupees. This move signals confidence in India's growing need for specialized healthcare services. The hospital chain's draft prospectus reveals plans for a fresh share issuance and a sale by existing investors, positioning it for expansion in the burgeoning medical sector.

24 Mar 2026 12:27 pm