Economy

Manipal Health Raises ₹4,167 Crore in Pre-IPO Round

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THE BRIEF
1

Manipal Health Enterprises has successfully raised ₹4,167 crore from anchor investors, including Morgan Stanley and Goldman Sachs, ahead of its upcoming IPO.

2

The pre-IPO funding round underscores strong investor confidence in the healthcare chain's expansion plans despite recent complaints from minority shareholders.

3

The company is now preparing for its public listing, with market analysts closely watching the price band and subscription details to be announced shortly.