India’s Manipal Health Enterprises Ltd. , operator of the Manipal Hospitals chain, is seeking a lower valuation of about 800 billion rupees ($8. 3 billion) in its planned initial public offering, according to people familiar with the matter.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-17/manipal-hospitals-said-to-cut-valuation-to-8-3-billion-in-ipo)

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