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%.
Jupiter Lifeline Hospitals is a prominent multi-specialty 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, as of March 31, 2023 and the date of this Red Herring Prospectus, and 1,306 doctors including specialists, physicians, and surgeons, as of March 31, 2023 .They are also in the process of establishing a multi-specialty hospital in Dombivli, Maharashtra, which will have around 500 beds and will begin construction in April 2023.
Jupiter Hospitals adheres to a “patient first” philosophy by developing the greatest 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 important specializations.
Objects of the Issue
- Repayment/pre-payment, in full or part, of borrowings availed from banks by the company and Material Subsidiary
- General corporate purposes.
Jupiter Life Line Hospitals IPO Date & Price Band Details
| IPO Open: | September 6, 2023 |
| IPO Close: | September 8, 2023 |
| IPO Size: | Approx ₹869 Crores |
| Fresh Issue: | Approx ₹542 Crores |
| Offer for Sale: | Approx 4,450,000 Equity Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹695 to ₹735 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Jupiter Hospitals IPO Review (Apply or Not)
- To be updated soon
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Jupiter 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 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 Hospitals IPO Form
How to apply for the Jupiter Hospitals IPO? –> You can apply for Jupiter Hospitals IPO using your bank account’s ASBA. Simply log in to your online banking account and apply through your bank account by selecting the Jupiter Hospitals IPO in the Invest section. You can also apply for Jupiter Hospitals’ IPO by downloading IPO forms from the NSE and BSE. Examine the Jupiter Hospital paperwork.
Jupiter 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 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 |
Peer Group
- Apollo Hospitals Enterprise Limited
- Fortis Healthcare Limited
- Max Healthcare Institute Limited
- Narayana Hrudayalaya Limited
- Global Health Limited
- Krishna Institute of Medical Sciences Limited
Jupiter Hospitals IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
Company Address
Jupiter Life Line Hospitals Limited
1004, 10th Floor, 360 Degree Business Park,
Maharana Pratap Chowk, LBS Marg,
Mulund (West), Mumbai – 400 080
Phone: + 91 22 2172 5623
Email: [email protected]
Website: https://www.jupiterhospital.com
Company Promoters
- Dr. Ajay Thakker
- Dr. Ankit Thakker
- Western Medical Solutions LLP
Jupiter Hospitals IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Nuvama Wealth Management Limited
- Jm Financial Limited
Jupiter Hospitals IPO FAQs:
Q1. What is Jupiter Hospitals IPO?
Ans. Jupiter Hospitals IPO is a main-board IPO. They are going to raise ₹869 Crores via IPO. The issue is priced at ₹695 to ₹735 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Jupiter Hospitals IPO will open?
Ans. The IPO is to open on September 6,2023 for QIB, NII, and Retail Investors.
Q3. What is Jupiter Hospitals IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Jupiter Hospitals IPO?
Ans. You can apply for Jupiter Hospitals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Jupiter Hospitals IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Jupiter Hospitals”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Jupiter Hospitals IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Jupiter Hospitals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Jupiter Hospitals IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Jupiter Hospitals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Jupiter Hospitals IPO Size?
Ans. Jupiter Hospitals IPO size is ₹869 crores.
Q9. What is Jupiter Hospitals IPO Price Band?
Ans. Jupiter Hospitals IPO Price Band is ₹695 to ₹735.
Q10. What is the Jupiter Hospitals IPO Allotment Date?
Ans. Jupiter Hospitals IPO allotment date is September 13, 2023.
Q11. What is the Jupiter Hospitals IPO Listing Date?
Ans. Jupiter Hospitals IPO listing date is September 18, 2023. The IPO is to list on BSE and NSE.
