Manipal Health IPO: Co. garners Rs 4,167 crore from anchor investors; ADIA, Morgan Stanley among investors

Manipal Health Enterprises secured Rs 4,167 crore from anchor investors for its upcoming IPO. The company’s initial public offering is set to launch on July 29, aiming for Rs 9,275 crore. This public issue will include a fresh issue and an offer for sale by existing shareholders. Funds raised will be used for debt repayment and acquisitions, enhancing its hospital network.

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