According to an NDTVProfit report, Manipal Health Enterprises has been granted SEBI approval for an initial public offering valued at approximately $1 billion, which is over ₹9,500 crore. Sources indicate that the company plans to submit an updated draft red herring prospectus soon, aiming for a valuation between $10 billion and $13 billion. This move is poised to make it one of the most significant healthcare sector listings in India.

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