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Ranjan Pai

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Ranjan Pai

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RRanjan Pai· Business · 16 sources · Jul 24, 2026Story

Manipal Health IPO Plans Price Band ₹560-₹590

Temasek-backed Manipal Health Enterprises is launching a roughly Rs 9,275 crore IPO with a price band of Rs 560-590 per share, valuing the hospital group at about Rs 77,607 crore and opening for subscription on July 29 for three days. Proceeds will be used to deleverage and fund growth, including prepaying borrowings and acquiring a minority stake in Sahyadri Hospitals, with an offer-for-sale by existing shareholders as part of the issue.

Business· Jul 24, 2026

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About Ranjan Pai

Ranjan Pai es un médico indio, empresario, fundador y presidente del Manipal Education and Medical Group (MEMG), que administra siete universidades y veintinueve hospitales en todo el mundo. A partir de noviembre de 2025, ocupa el puesto 1305 en la lista de las personas más ricas del mundo, con un patrimonio neto de US$2.8 mil millones.

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Occupation: businessperson, physician
Citizenship: India
Born: November 11, 1972

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