Manipal Health Enterprises is likely to launch its IPO as early as next month, targeting a valuation of around $10 billion. Backed by Temasek, the hospital chain has completed investor roadshows. The offering includes both fresh issue and stake sale, potentially becoming Indias first billion-dollar IPO this year.

Manipal Health Enterprises is likely to launch its IPO as early as next month, targeting a valuation of around $10 billion. Backed by Temasek, the hospital chain has completed…

Manipal Health Enterprises, backed by Temasek, plans to launch a $1 billion IPO next month, aiming for a $10 billion valuation after completing investor roadshows.