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Temasek-controlled Manipal Hospitals adds more bankers for stock exchange debut

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Manipal Hospitals, majority-owned by Singapore's Temasek, is preparing for an initial public offering (IPO) by enlisting more bankers. The Indian hospital chain, led by Ranjan Pai and operated by Manipal Health Enterprises Pvt Ltd, has added Axis Capital among others to assist in its stock exchange debut. This strategic move indicates the hospital's efforts to strengthen its position and approach towards the upcoming IPO.