Hospital IPO pipeline thickens as three chains file papers with SEBI

Three hospital chains have filed draft offer documents with the markets regulator over the past sixty days, a level of activity not seen since 2017. Combined issue sizes could exceed Rs 6,000 crore depending on market conditions at launch.

Bankers say the renewed appetite reflects both visible operating profitability across listed peers and a long-running discount to global hospital comps. Anchor allocations are expected to feature insurance and sovereign-linked investors heavily.