The IPO of Manipal Health Enterprises is being discussed largely through the usual lenses—valuation, margins, growth, and listing gains. That is a mistake. This IPO is not just another healthcare listing. It represents a structural inflection point in Indian healthcare—one that signals the end of capacity-led growth and the beginning of capability-led competition. More importantly, […] The post The Manipal IPO: A Structural Inflection Point in Indian Healthcare appeared first on Healthcare India.

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