India's Manipal Health rises 13% after INR92.75bn IPO; KKR buys Medicover Hospital India for €1.2bn

India’s largest multispecialty hospital network by bed capacity opened more than 10% above its offer price. In another deal, KKR has acquired Hyderabad-based hospital chain Medicover Hospitals India, as the country’s private healthcare market grows.
August 06, 2026

India's Manipal Health Enterprises rose 13% above its offer price in its August 5 debut after raising INR92.75 billion ($974.9 million) through one of India’s largest healthcare initial public offerings (IPOs).

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