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The Economic Times
The Economic Times
Business
Veer Sharma

Manipal Health Enterprises IPO: GMP hints at 10% listing gains; know important dates, other details

Manipal Health Manipal Health Enterprises IPO Ranjan Pai OFS Temasek Manipal Hospitals Bengaluru

Bengaluru-based Manipal Health Enterprises, which operates the Manipal Hospitals network, is set to open its maiden public issue for subscription on July 29. The IPO has been priced in the range of Rs 560-590 per share.

Backed by Temasek and Ranjan Pai, the healthcare company aims to raise Rs 9,275 crore through the offering. The IPO comprises a fresh issue of Rs 8,000 crore and an offer for sale (OFS) of 2.16 crore equity shares worth Rs 1,275.2 crore.

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