Temasek-Backed Manipal Health Files for ₹8,000 Crore IPO, Plans Debt Cut and Expansion
Manipal Health Enterprises Ltd, backed by Singapore’s sovereign wealth fund Temasek, has filed for a ₹8,000 crore Initial Public Offering (IPO). The healthcare major aims to reduce debt, expand hospital networks, and strengthen its position in India’s fast-growing healthcare sector. The IPO is expected to be one of the largest in the Indian healthcare industry….