Manipal Health IPO Receives SEBI Approval; Plans ₹8,000 Crore Issue

Manipal Health Group Ltd. has obtained approval from the Securities and Exchange Board of India (SEBI) to launch a fresh public offering of approximately ₹8,000 crore, marking a significant expansion for the Bengaluru‑based hospital operator.

The company’s prospectus, filed earlier this year, outlines a price band of ₹28–₹32 per share and an allotment of 2.6 crore equity shares. By the time of listing, the group will maintain a controlling stake of over 90%, preserving its strategic direction while allowing the public to tap into a growing healthcare ecosystem.

The approval is expected to broaden the investor base, improve capital depth for expansion plans, and lift the profile of Udupi District’s emergent medical hub. Early market sentiment remains positive, with analysts citing robust demand for high‑growth healthcare stocks. Source: Google News – Manipal.