Medanta's strong presence in the North compliments Manipal's predominantly southern India presence.
Medanta's flagship super-speciality tertiary care hospital in Gurugram called Medicity has over 1500 bed capacity. It has smaller hospitals in Indore (about 120 bed) and Ranchi (175 bed), which it operates on lease. It also has upcoming projects in Lucknow, Noida and Patna. Post the exercise, Medanta's bedcount is set to double.
Manipal had entered the NCR market with a 380 bed hospital at Dwarka last year. The group operates a chain of multi-specialty hospitals with over 5,200 beds and has footprints across Bengaluru, Manipal, Mangalore, Vijayawada, Salem, Goa, and Jaipur, besides at Klang in Malaysia.
Together, Manipal and Medanta would have a bed count of around 7000-8000 beds once the ongoing expansion projects are completed. It will allow the Manipal investors to make an exit as the hospital grows in scale.