MaxiVision Plans Maharashtra Expansion, Eyes IPO for Growth.

MaxiVision, which operates over 42 hospitals across six states, aims to replicate its successful model in Maharashtra by offering specialized treatments, cutting-edge technology, and affordable care.

GSK Velu, Chairman and Managing Director of MaxiVision, stated that the ₹500 crore investment will be utilized for setting up new hospitals, acquiring existing facilities, and expanding its network through strategic partnerships. The collaboration with Ojas Group is expected to accelerate the brand’s foothold in Mumbai, where the company plans to open five hospitals in the next year.

“As part of our vision to become a pan-India eye care leader, Maharashtra is a crucial market for us. The demand for quality ophthalmic services is rising, and we are committed to delivering world-class care,” Velu said.

The hospital chain is also preparing for an initial public offering (IPO) within the next two years to fuel its expansion and technological advancements. The planned listing will help MaxiVision scale its operations further and enhance accessibility to quality eye care across the country.

With this expansion, MaxiVision is positioning itself as a dominant player in the Indian eye care sector, catering to both metro cities and tier-2 locations.

BS