By Admin 
Manipal Hospital: Manipal Health Enterprises (Manipal Hospital) is preparing to launch its IPO. It is being told that Manipal Hospital is going to file its Draft Red Herring Prospectus (DRHP) this week to launch an IPO. Around Rs 10,500-11,000 crore is expected to be raised through the IPO. With this, this will be the biggest public offering of the country’s hospital sector so far.
According to the report, new shares will be issued in this IPO and an offer-for-sale (OFS) worth about Rs 2000 crore will also be included. Through this, you can sell your stake in an existing company like Temasek. The company is targeting a valuation of Rs 1.2 lakh crore ($13 billion) through IPO. According to TOI report, Kotak is the main banker for this IPO.
Purpose of bringing IPO
The company is coming up with an IPO so that the money raised from it can be used to reduce the debt and acquire other hospitals in the future. With a network of around 50 hospitals and 13000 beds, Manipal Hospitals has recently overtaken Apollo Hospitals to become the country’s largest hospital chain in terms of bedding capacity.
This hospital chain has recently purchased 100% stake in Sahyadri Hospitals for approximately Rs 6000-6400 crore. Three years ago, Temasek Holdings invested more than $2 billion in Manipal Health Enterprises, which at that time was the largest deal in India’s healthcare sector. Due to this the valuation of the company increased to approximately 5 billion dollars.
Excitement about IPO
There is tremendous enthusiasm among investors regarding the IPO of Manipal Hospital because it is considered to be the biggest IPO in the hospital sector. The company’s revenue increased to Rs 8242 crore in the financial year 2025, which was Rs 6172 crore a year before. During this period, the EBITDA of the company was Rs 2127 crore and the EBITDA margin was about 25.8 percent. As of March 2025, the company currently had a debt of about Rs 5200 crore. A large part of the funds received from IPO will be used to repay this loan.
Disclaimer: (The information provided here is being given for information only. It is important to note here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)
Also read:
Good news for investors! This company gave the gift of dividend, check if you have also placed a bet