SEBI Approves Listing of Manipal Health's IPO

The Securities and Exchange Board of India (SEBI) has approved the listing of Manipal Health (MH), a leading healthcare group, following a comprehensive review of its prospectus and related documentation.

The company intends to raise capital through the IPO to fund the expansion of its hospital network across Karnataka and other regions. While the specific share price range was outlined in the filing, it will be finalized during the book‑building process prior to the market launch.

This approval is a key development for the healthcare sector, providing new investment opportunities for retail and institutional investors alike. Trading of Manipal Health shares is expected to begin in the coming weeks. Source: Google News – Manipal.