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Jupiter Life Line Hospitals Limited IPO

Jupiter Life Line Hospitals Limited IPO

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Allotment Date :
Listing Date :
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Listed Price: ₹ 973.00 (+32.38%)

Jupiter Life Line Hospitals Limited's completed its IPO journey with a successful listing on NSE, BSE on 18-09-2023. The public offering mobilized 1,18,24,163 Shares in total capital, comprising 73,74,163 Shares in fresh equity and ₹327.08 Cr in Offer for Sale shares from existing stakeholders.

The offering was conducted within the price band of ₹695 to ₹735, with minimum application lots of 20 shares. Investor participation during the 06-09-2023 to 08-09-2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on 13-09-2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Jupiter Life IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Jupiter Life IPO Key Performance Indicator
Company Financials ( in ₹ Crore )

Jupiter Life IPO About Company

Founded in 2007, Jupiter Life Line Hospitals Limited is a leading multi-specialty healthcare provider in the Mumbai Metropolitan Region (MMR) and western India. Operating under the "Jupiter" brand, the company runs three hospitals in Thane, Pune, and Indore, with a total of 1,194 beds and a team of 1,306 doctors, including specialists, physicians, and surgeons (as of March 31, 2023). A new multi-specialty hospital is also under development in Dombivli, Maharashtra, with plans for over 500 beds. Construction began in April 2023. Jupiter Life Line Hospitals stands out for its advanced neuro-rehabilitation services in Thane and Indore, featuring robotic and computer-assisted treatments, as highlighted in the CRISIL Report. It also operates one of the few multi-organ transplant centers in Thane. All its hospitals are NABH-certified and NABL-accredited for medical testing. In Fiscal 2023, revenue from inpatient and outpatient services was distributed across its hospitals: Thane (54.18%), Pune (34.03%), and Indore (11.79%).


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Jupiter Life IPO Strength Factors

NA


Jupiter Life IPO Risk Factors

NA


Jupiter Life IPO Lead Manager(s)

  • ICICI Securities Limited
  • Nuvama Wealth Management Limited
  • Jm Financial Limited

Jupiter Life IPO Promoter(s)

Dr. Ajay Thakker

Dr. Ankit Thakker

Western Medical Solutions LLP



Jupiter Life IPO Company Details

Jupiter Life Line Hospitals Limited
Phone:
address:

Jupiter Life IPO Registrar

Kfin Technologies Limited
Name:
Phone:

Jupiter Life IPO FAQs