SEBI Clears Manipal Hospitals, OYO Parent, Zetwerk, Expanding India's IPO Pipeline

The Securities and Exchange Board of India (SEBI) announced that it has cleared the public issue proposals of several high‑profile companies, including Manipal Hospitals, the parent company of the popular hospitality platform OYO, and the manufacturing software solution provider Zetwerk.

These approvals expand the IPO pipeline, making it one of the largest in the country since the market recovered from last year’s slowdown. The listed companies are expected to raise a combined sum that could reach billions of rupees, diversifying capital options for investors.

For the Udupi district and Karnataka at large, the influx of fresh capital may spur local business growth, create new job opportunities, and enhance the region’s visibility as a hub for innovation and healthcare services. Source: Google News – Manipal.