Wednesday, 29 July 2026 · World
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EUROS The World Financial Report
Nº 18 Wednesday, 29 July 2026 · World Edition
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Manipal Health IPO opens today; GMP at just 2%: Should you subscribe?

Markets-Economic Times · 1h ago · 🇮🇳 India
Manipal Health IPO opens today; GMP at just 2%: Should you subscribe?

Manipal Health Enterprises' Rs 9,275-crore IPO opens for subscription on July 29 with a muted grey market premium of around 2%, signalling limited listing gains. The hospital chain plans to use proceeds to reduce debt and fund acquisitions. While most brokerages recommend subscribing for the long term, several caution that the IPO's premium valuation caps near-term upside.

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