Manipal Hospitals taps ₹9,275 cr IPO to slash debt and fund expansion
Manipal Health Enterprises will raise up to ₹9,275 cr, using most of the fresh capital to clear about ₹7,500 cr of debt. The debt‑paydown frees leverage for acquisitions and greenfield projects, while retaining cash for growth, as the IPO opens July 29 with a ₹560‑590 price band.