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Manipal Health gets Sebi nod for Rs 10,000-cr IPO
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Manipal Health Enterprises received Sebi approval for its IPO, which aims to raise up to $1.2 billion (around ₹10,000 crore). The IPO includes a fresh issue and an offer-for-sale. Proceeds of ₹5,378 crore will repay subsidiary Manipal Hospitals' borrowings, and ₹574 crore will acquire a stake in Sahyadri H.
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