Manipal Hospitals plans $1 bn IPO at $13 bn valuation: ET
Manipal Hospitals is planning to file for an IPO in January that could raise $1 billion, according to the ET. The IPO could give the Bengaluru-based hospital chain a valuation of around $13 billion, potentially making it the most valuable healthcare operator in India. The firm is working with multiple advisers, including Goldman Sachs and JPMorgan Chase, for the IPO.