Fortis Healthcare

Company

Last mentioned: Mar 24, 2026

Timeline

  1. Consolidation Phase

    Manipal integrates Columbia Asia and AMRI Hospitals into its network.

  2. IPO Filing

    Manipal Health officially files draft papers for an $852 million public listing in India.

  3. Temasek Acquisition

    Temasek acquires a majority stake in Manipal Health, valuing the firm at $5 billion.

Stories mentioning Fortis Healthcare 1

ipo Bullish

Temasek-Backed Manipal Health Files for $852M India IPO

Manipal Health Enterprises, India's second-largest hospital chain, has filed for an $852 million initial public offering, marking a major exit opportunity for majority shareholder Temasek. The filing comes amid a surge in Indian equity markets and growing investor appetite for scaled healthcare infrastructure.

2 sources