The Jupiter LifeLine Hospitals date has been confirmed from September 6 and ended on September 8
Jupiter Lifeline Hospitals IPO date has been confirmed; the IPO will go public on September 6 and close on September 8. Jupiter Hospitals IPO is expected to raise around 869 crores through an IPO that includes a fresh issue of 542, as well as an offer for sale of up to 4,450,000 Shares at 10 apiece. The retail share is 35%, the QIB share is 50%, and the HNI share is 15%.
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Bidding Dates
September 6 – 8
Price Range
₹695 to ₹735 Per Share
Face Value
₹10 Per Equity Share
GMP
₹223
Jupiter LifeLine Hospitals GMP
The Jupiter LifeLine Hospitals IPO GMP is ₹[223].
IPO Overview
Jupiter Life Line Hospitals IPO is a book built issue of Rs 869.08 crores. The issue is a combination of fresh issue of 0.74 crore shares aggregating to Rs 542.00 crores and offer for sale of 0.44 crore shares aggregating to Rs 327.08 crores.
Jupiter Life Line Hospitals IPO price band is set at ₹695 to ₹735 per share. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹14,700. The minimum lot size investment for sNII is 14 lots (280 shares), amounting to ₹205,800, and for bNII, it is 69 lots (1,380 shares), amounting to ₹1,014,300.
Jupiter LifeLine Hospitals IPO Date & Price Band Details
| IPO Date | September 6, 2023 to September 8, 2023 |
| Listing Date | September 18, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹695 to ₹735 per share |
| Lot Size | 20 Shares |
| Total Issue Size | 11,824,163 shares (aggregating up to ₹869.08 Cr) |
| Fresh Issue | 7,374,163 shares (aggregating up to ₹542.00 Cr) |
| Offer for Sale | 4,450,000 shares of ₹10 (aggregating up to ₹327.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 58,191,859 |
| Share holding post issue | 65,566,022 |
Jupiter LifeLine Hospitals IPO Market Lot
The Jupiter Hospitals IPO minimum market lot is 20 shares with ₹14,700 application amount. The retail investors can apply up-to 13 lots with 260 shares or ₹191,100 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 20 | ₹14,700 |
| Retail Maximum | 13 | 260 | ₹191,100 |
| S-HNI Minimum | 14 | 280 | ₹205,800 |
| B-HNI Minimum | 69 | 1,380 | ₹1,014,300 |
Jupiter LifeLine Hospitals IPO Allotment & Listing Dates
The Jupiter Hospitals IPO date is September 6 and the close date is September 8. The Jupiter Hospitals IPO allotment will be finalized on September 13 and the IPO listing on September 18.
| Anchor Investors Allotment: | September 5, 2023 |
| IPO Open Date: | September 6, 2023 |
| IPO Close Date: | September 8, 2023 |
| Basis of Allotment: | September 13, 2023 |
| Refunds: | September 14, 2023 |
| Credit to Demat Account: | September 15, 2023 |
| IPO Listing Date: | September 18, 2023 |
Jupiter LifeLine Hospitals Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹490 | ₹489 | 2.30 |
| 2022 | ₹737 | ₹660 | ₹51.13 |
| 2023 | ₹903 | ₹772 | ₹72.91 |
Jupiter LifeLine Hospitals IPO Valuation – FY2023
Check Jupiter Hospitals IPO valuations details like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹13.95 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 20.03% |
| Net Asset Value (NAV): | ₹64.39 per Equity Share |
Company Profile
Jupiter Lifeline Hospitals is a prominent multi-speciality tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and western region of India, having a total bed capacity of 1194 hospital beds across three hospitals as of March 31, 2023. They have been operating for over 15 years as a corporate quaternary care healthcare service provider in densely populated micro markets in western India and currently operate three hospitals under the “Jupiter” brand in Thane, Pune, and Indore, with an operational bed capacity of 950 beds and 961 beds, respectively.
Jupiter Hospitals adheres to a “patient first” philosophy by developing the most significant infrastructure, technology, and support to prioritize the patient and be futuristic and innovative in healthcare delivery. As of March 31, 2023, we have equipped our hospitals with over 30 essential specializations.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | jupiterlife.ipo@kfintech.com |
| Website | https://kosmic.kfintech.com/ipostatus/ |
Contact Details
| Name | Jupiter Life Line Hospitals Limited |
| Phone number | +91 22 2685 1027 |
| Email ID | cs@jupiterhospital.com |
| Website | https://www.jupiterhospital.com/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
