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Asia

Manipal Health Enterprises IPO Day 2: GMP holds at 2%, Subscription reaches 15%. Should you Subscribe or Skip?

Markets-Economic Times · 2h ago · 🇮🇳 India

Manipal Health Enterprises IPO Day 2: GMP holds at 2%, Subscription reaches 15%. Should you Subscribe or Skip?

Manipal Health Enterprises' large IPO is experiencing cautious investor interest on its second day. The grey market premium remains modest, indicating a subdued market sentiment. The company plans to use significant funds for debt repayment and strategic acquisitions. Brokerages largely view Manipal Health's long-term prospects positively, despite premium valuations. The IPO's share allotment is expected in early August 2026.

Read the full story at Markets-Economic Times →

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