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Manipal Health Set for Flat Mumbai Debut After $960 Million IPO

Bloomberg Markets Wednesday 05 August 2026, 02:00 UTC By Rajesh Mascarenhas 1 min read
Key Points

Manipal Health Set for Flat Mumbai Debut After $960 Million IPO Manipal Health Enterprises Ltd. is set for a muted stock market debut in Mumbai after its $960 million initial public offering, as gray market trading signals cooling investor sentiment. Shares of the Temasek Holdings Pte.-backed hospital operator were trading at the issue price of 590 rupees ($6.2) on Tuesday, according to IPOWatch.

Manipal Health Set for Flat Mumbai Debut After $960 Million IPO Manipal Health Enterprises Ltd. is set for a muted stock market debut in Mumbai after its $960 million initial public offering, as gray market trading signals cooling investor sentiment. Shares of the Temasek Holdings Pte.-backed hospital operator were trading at the issue price of 590 rupees ($6.2) on Tuesday, according to IPOWatch. The shares commanded a premium of about 9% over the IPO price two weeks ago.
Manipal Health Set for Flat Mumbai Debut (ORG) IPO Manipal Health Set for Flat Mumbai Debut (ORG) IPO Manipal Health Enterprises Ltd. (ORG) Mumbai (LOCATION) Temasek Holdings (ORG) IPOWatch (ORG) IPO (ORG)
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