Manipal Hospitals, TruHome Set to Launch July IPOs

Manipal Hospitals, a flagship healthcare provider in Karnataka, confirmed that its subsidiary, real‑estate arm TruHome Ltd., will enter the stock market in a dual issue scheduled for July. The two entities plan to list on the BSE and NSE, marking a significant expansion of Manipal’s capital base.

The move follows a growing trend of Indian private hospital groups raising funds through public listings to finance infrastructure and technology upgrades. Manipal’s earnings have shown steady growth, and the IPO is expected to tap into the wave of investor interest in the health sector spurred by the pandemic.

Estimated to raise up to ₹5,000 crore each, the listings could provide fresh capital for expanding clinic networks, procuring advanced medical equipment, and boosting local economies in Udupi and surrounding districts. The IPOs also offer local investors a chance to participate in the region’s growing healthcare industry. Source: Google News – Manipal.