Jupiter Life Line Hospitals Limited

Jupiter Life Line Hospitals Limited

Mainboard

₹14,700 / 20 Shares

Offer Date:Sep 6, 2023 - Sep 8, 2023
Share

Jupiter Life Line Hospitals Limited IPO Details

The Jupiter Life Line Hospitals Limited IPO price band is set between ₹695-735 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 6 Sep, 2023 and closes on 8 Sep, 2023. Investors can check the allotment status on 13 Sep, 2023, while the listing date is tentatively scheduled for 18 Sep, 2023.

The total issue size is Total ₹869.08 Cr :#Fresh Issue : 7,374,163 shares, aggregating up to ₹542.00 Cr. Stay tuned for the latest Jupiter Life Line Hospitals Limited IPO review and GMP updates.

Jupiter Life Line Hospitals Limited IPO Review, Rating & Analysis

Jupiter Life Line Hospitals Limited IPO Review

NO REVIEW

Jupiter Life Line Hospitals Limited IPO Rating

Jupiter Life Line Hospitals Limited IPO Highlights

IPO Date

Sep 6, 2023 - Sep 8, 2023

Listing Date

18 Sep, 2023

Face Value

₹10 Per Equity Share

Price Band

₹695-735 per equity share

Lot Size

20 Shares

Fresh Issue

7,374,163 Shares

Offer for Sale

4,450,000 shares of ₹10

Listing At

BSE, NSE

Jupiter Life Line Hospitals Limited IPO Lot Size

The minimum market lot for Jupiter Life Line Hospitals Limited IPO is 20 shares with an application amount of ₹14,700. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)120₹14,700
Retail (Max)13260₹1,91,100
S-HNI (Min)14280₹2,05,800
S-HNI (Max)681360₹9,99,600
B-HNI (Min)691380₹10,14,300

Jupiter Life Line Hospitals Limited IPO Timeline

IPO Open Date
6 Sep, 2023
IPO Close Date
8 Sep, 2023
Basis of Allotment
13 Sep, 2023
Listing Date
18 Sep, 2023

Issue Price

₹695-735 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Lead Manager

ICICI Securities LimitedNuvama Wealth Management LimitedJm Financial Limited

Issue Size

Total ₹869.08 Cr :
#Fresh Issue : 7,374,163 shares(aggregating up to ₹542.00 Cr) +
#OFS : 4,450,000 shares of ₹10(aggregating up to ₹327.08 Cr)

Jupiter Life Line Hospitals Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 23985.53902.9672.91---
31 Mar 22908.70737.1451.13---
31 Mar 21788.91490.27-2.30---

All values are in ₹ Cr.

Promoters & Share Holding

Promoter(s) Name

  • Dr. Ajay Thakker
  • Dr. Ankit Thakker
  • Western Medical Solutions LLP
Share Holding Pre IssueShare Holding Post Issue
49.79%40.91%

About Company

Jupiter Life Line Hospitals Limited is a multi-specialty tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and western region of India.

Jupiter Life Line Hospitals has been operating as a corporate quaternary care healthcare service provider in the western regions of India and currently operates three hospitals under the Jupiter brand in Thane, Pune, and Indore, with a total operational bed capacity of 1194 beds, and 1,306 doctors including specialists, physicians, and surgeons, as of March 31, 2023. The company is currently developing a multi-specialty hospital in Dombivli, Maharashtra, which is designed to accommodate over 500 beds and has commenced construction in April 2023.

According to the CRISIL Report, the company's Thane and Indore hospitals are amongst the few hospitals in the western region of India to provide neuro-rehabilitation services through a dedicated robotic and computer-assisted neuro-rehabilitation center. Additionally, it operates one of the few multi-organ transplant centers in Thane. All the hospitals in Thane, Pune, and Indore have been certified by the National Accreditation Board for Hospitals & Healthcare Providers (NABH) and have been accredited in the field of medical testing by the National Accreditation Board for Testing and Calibration Laboratories (NABL).

Read More

Jupiter Life Line Hospitals Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved2,443,743
1,773,625

1,182,416    591,209
4,138,4588,355,826
Day 1 -06-09-23 05:00 PM
0.01 x
1.43

1.23 x   1.83 x
1.10 x0.87 x
Day 2 -07-09-23 05:00 PM
1.03 x
6.63

6.65 x   6.59 x
3.07 x3.27 x
Day 3 -08-09-23 05:00 PM
187.32 x
34.75

39.24 x   25.77 x
7.71 x63.71 x
Total No. of Applications:14,55,252 (Approx)
Retail Subscription:

7.03 times

Company Contact Details

Jupiter Life Line Hospitals Limited

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

Frequently Asked Questions about Jupiter Life Line Hospitals Limited IPO

When will Jupiter Life Line Hospitals Limited IPO open for subscription?

The Jupiter Life Line Hospitals Limited IPO opens on 6 Sep, 2023 and closes on 8 Sep, 2023.

What is the investors portion for Jupiter Life Line Hospitals Limited IPO?

The investors' portion for QIB is 187.32 x, NII is 39.24 x, and Retail is 7.71 x.

How to apply for Jupiter Life Line Hospitals Limited IPO?

You can apply for Jupiter Life Line Hospitals Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Jupiter Life Line Hospitals Limited IPO?

The issue size of Jupiter Life Line Hospitals Limited IPO is approx ₹Total ₹869.08 Cr :#Fresh Issue : 7,374,163 shares(aggregating up to ₹542.00 Cr) +#OFS : 4,450,000 shares of ₹10(aggregating up to ₹327.08 Cr) crores.

What is the price band of Jupiter Life Line Hospitals Limited IPO?

The price band for Jupiter Life Line Hospitals Limited IPO is ₹695 to ₹735 per equity share.

What is the lot size of Jupiter Life Line Hospitals Limited IPO?

The minimum bid (lot size) for Jupiter Life Line Hospitals Limited IPO is N/A shares with an investment of approx ₹14,700 .

What is the allotment date of Jupiter Life Line Hospitals Limited IPO?

The allotment date for Jupiter Life Line Hospitals Limited IPO is 13 Sep, 2023.

What is the listing date of Jupiter Life Line Hospitals Limited IPO?

The listing date for Jupiter Life Line Hospitals Limited IPO is expected to be 18 Sep, 2023.

What is the GMP of Jupiter Life Line Hospitals Limited IPO?

The latest Grey Market Premium (GMP) for Jupiter Life Line Hospitals Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Jupiter Life Line Hospitals Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK