Jupiter Life Line Hospitals Limited
- IPO Date06 Sep, 2023 to 08 Sep, 2023
- Listing Date18 Sep, 2023
- Face Value₹10 per share
- Issue Price₹695 to ₹735 per share
- Lot Size20 Shares
- Minimum Investment₹14,700
- Listing AtBSE, NSE
- Total Issue Size1,18,24,163 Shares
(aggregating up to ₹869.08 Cr) - Fresh Issue73,74,163 Shares
(aggregating up to ₹542.00 Cr)
- Offer for Sale44,50,000 Shares
(aggregating up to ₹327.07 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue5,81,91,859
- Shareholding post issue6,55,66,022
IPO Dates
Closing Date
08 Sep, 2023
Initiation of Refunds
15 Sep, 2023
Listing Date
18 Sep, 2023
06 Sep, 2023
Opening Date
13 Sep, 2023
Basis of Allotment
15 Sep, 2023
Credit of Shares
Jupiter Life Line Hospitals Limited Lot Size
Investors can bid for a minimum of 20 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | 68 | 1360 | ₹9,99,600 |
| Retail (Min) | 1 | 20 | ₹14,700 |
| B-HNI (Min) | 69 | 1380 | ₹10,14,300 |
| S-HNI (Min) | 14 | 280 | ₹2,05,800 |
| Retail (Max) | 13 | 260 | ₹1,91,100 |
Jupiter Life Line Hospitals Limited Promoter Holding
Dr. Ajay Thakker, Dr. Ankit Thakker, and Western Medical Solutions LLP are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 49.79% | 40.91% |
Key Performance Indicator
Jupiter Life Line Hospitals IPO Market Cap is Rs 4819.1 Cr and P/E (x) is 52.68.
| KPI | Values |
|---|---|
| ROE | 20.03% |
| ROCE | 20.94% |
| RoNW | 20.03% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 52.68 | 13.95 |
| P/E (x) | 52.68 | 13.95 |
Jupiter Life Line Hospitals Limited COMPANY INFORMATION
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 bidding started from September 6, 2023 and ended on September 8, 2023. The allotment for Jupiter Life Line Hospitals IPO was finalized on Wednesday, September 13, 2023. The shares got listed on BSE, NSE on September 18, 2023. 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. ICICI Securities Limited, Nuvama Wealth Management Limited and Jm Financial Limited are the book running lead managers of the Jupiter Life Line Hospitals IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Jupiter Life Line Hospitals IPO RHP for detailed information.
Incorporated in 2007, 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).
The company's inpatient and outpatient revenue is diversified across hospitals with Thane, Pune, and Indore hospitals accounting for 54.18%, 34.03%, and 11.79%, respectively, of the revenue from operations in Fiscal 2023.
FAQs About Jupiter Life Line Hospitals Limited
Jupiter Life Line Hospitals Limited will open on 06 Sep, 2023 and close on 08 Sep, 2023. Investors must apply within this period to participate.
The Jupiter Life Line Hospitals Limited price band is set between ₹695.00 and ₹735.00 per share. The minimum lot size is 20, requiring an investment of at least ₹14700.00.
The Jupiter Life Line Hospitals Limited shares are expected to be listed on 18 Sep, 2023, subject to regulatory approvals and final allotment.
You can track your Jupiter Life Line Hospitals Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Jupiter Life Line Hospitals Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.