Cyril Amarchand Mangaldas (CAM), Latham & Watkins, Trilegal, and Khaitan & Co advised on Manipal Hospitals’ Initial Public Offering (IPO).

Manipal Hospitals is undertaking an initial public offering, with the MEMG Group, including its promoters and promoter group entities, participating in the offering. The IPO involves multiple stakeholders, including the issuer, promoter group selling shareholders, and leading domestic and international book running lead managers.

CAM advised Manipal Hospitals on the IPO.

The core transaction team was led by Senior Partner Yash J Ashar and Partner Janhavi Manohar, with support from Principal Associate Anjali Menon, Associates Bhaskar Kumar, Tejaswi Sade, Parameswaran Chidamparam, Siddharth Kaushik, and Legal Trainees Namita Kaushik and Mohnish Khandale. Senior Partner Reeba Chacko and Partner Kota Chandan advised on corporate law aspects, Partner Bharath Reddy advised on employment law matters, and Partner Swati Sharma, with support from PA – Designate Sannat Chandna, advised on intellectual property aspects.

Latham & Watkins is acting as international legal counsel to Manipal Hospitals on the IPO.

Trilegal is advising the MEMG Group, including Dr. Ranjan Ramdas Pai, Manipal Global Health Services, MEMG International Ltd (promoters), and Manipal Education and Medical Group India Private Limited (promoter group selling shareholder), on this IPO.

The capital markets team is led by Partner Vijay Parthasarathi, with support from Associates Prajna Kariappa, Shashwat Raj Solanki, Jahnavi Jayasimha Rao, Vansh Dhoka, and Joseph George. The corporate team is led by Partner Harsh Maggon and Partner Ankit Kejriwal, with support from Senior Associate Nehal Binani and Associate Dhanush T. The finance team is led by Partner Kannan Rahul and Partner Vidhi Sarin, with support from Counsel Shreya Menon.

Khaitan & Co is advising the book running lead managers, including Kotak Mahindra Capital Company Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited, UBS Securities India Private Limited, and DBS Bank India Limited, on the IPO.

The transaction team consists of Partners Abhimanyu Bhattacharya, Aditya Cheriyan, Chirayu Chandani, and Suman Prabhu; Principal Associate Tishita Mukherjee; Senior Associates Hrithik Khurana, Shweta Sivaram, and Vanshika Chaudhry; and Associates Pooja Agarwal, Kaushlendra Palawat, Dharini Shanker, Dipsa Prasanth, Mainak Pani, Aayushi Poddar, and Dhananjay Sreeram.