Manipal Hospitals reduces IPO valuation goal to ₹80,000 crore
According to a Bloomberg report, Manipal Health Enterprises is now aiming for a valuation of approximately ₹80,000 crore for its planned initial public offering. This figure is a decrease from the previous estimate of ₹96,290 crore to ₹1,15,548 crore. The firm intends to generate as much as ₹11,000 crore via the share sale, which is expected to begin during the week of July 27.