APAC IPOs & Placements, Aequitas Research

Akshat Shah

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

APAC IPOs & Placements

Aequitas: Manipal Hospitals Pre-IPO - The Positives - Strong Earnings Growth

Aequitas: Manipal Hospitals Pre-IPO - The Negatives - Growth Mostly Via Acquisitons

Aequitas: Manipal Health IPO - RHP Updates and Thoughts on Valuations

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Manipal Health Enterprises Ltd / Equity Capital Markets

Manipal Health Enterprises Ltd (1217834D IN)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/manipal-health-enterprises-ltd" target="_blank" data-smartkarma-citation="entities:48013:1" rel="noopener">Manipal Health Enterprises Ltd (1217834D IN)</a> is looking to raise about US$1bn in its upcoming India IPO. The deal will be run by Axis, Jefferies, Kotak, JPM, UBS,DBS and GS.</li>
<li>Manipal Health Enterprises Ltd (MHEL) operates a pan‑India network of multispecialty hospitals delivering a range of care services, from outpatient services to complex tertiary and quaternary interventions.</li>
<li>According to CRISIL, MHEL was the largest pan-India multispecialty hospital network by bed capacity and the second largest hospital chain by number of hospitals as of Sep 30, 2025.</li>
</ul>



Manipal Health Enterprises Ltd (1217834D IN) is looking to raise about US$1bn in its upcoming India IPO. The deal will be run by Axis, Jefferies, Kotak, JPM, UBS,DBS and GS.
Manipal Health Enterprises Ltd (MHEL) operates a pan‑India network of multispecialty hospitals delivering a range of care services, from outpatient services to complex tertiary and quaternary interventions.
According to CRISIL, MHEL was the largest pan-India multispecialty hospital network by bed capacity and the second largest hospital chain by number of hospitals as of Sep 30, 2025.


Aequitas: Manipal Health Enterprises Ltd Pre-IPO Tearsheet