The Jupiter Lifeline Hospitals IPO commenced on September 6, 2023, and concluded on September 8, 2023. The allotment of shares took place on September 13, 2023, and the initiation of refunds began on September 14, 2023. The shares were credited to the demat accounts of investors on September 15, 2023. Finally, the listing of Jupiter Lifeline Hospitals on the stock exchange occurred on September 18, 2023.
The Jupiter Lifeline Hospitals IPO was priced at ₹695 to ₹735 per share, with a lot size of 20. The total issue size was ₹869.08 crores, comprising a fresh issue of ₹542.00 crores and an offer for sale of ₹327.08 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Jupiter Lifeline Hospitals IPO Basic Details
| Company Name | Jupiter Life Line Hospitals Limited |
| Domain of Company | Operate Multi-specialty Hospital |
| Jupiter Lifeline Hospitals IPO GMP Today | ₹225 |
| Jupiter Lifeline Hospitals IPO Listing Gain | 30.61% |
| Jupiter Lifeline Hospitals IPO Open Date | September 6, 2023 |
| Jupiter Lifeline Hospitals IPO Close Date | September 8, 2023 |
| Jupiter Lifeline Hospitals IPO Allotment Date | September 13, 2023 |
| Jupiter Lifeline Hospitals IPO Listing Date | September 18, 2023 |
| Face Value | ₹10 per share |
| Price | ₹695 to ₹735 per share |
| Lot Size | 20 Shares |
| Issue Size | 11,824,163 shares of ₹10 (aggregating up to ₹869.08 Cr) |
| Fresh Issue | 7,374,163 shares of ₹10 (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 | NSE, BSE |
| Company Promoters | Dr. Ajay Thakker, Dr. Ankit Thakker And Western Medical Solutions LLP |
Jupiter Lifeline Hospitals IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 6 September 2023 | ₹225 | 30.61% | – | – |
| 5 September 2023 | ₹225 | 30.61% | – | – |
| 4 September 2023 | ₹225 | 30.61% | – | – |
| 3 September 2023 | ₹210 | 28.57% | – | – |
| 2 September 2023 | ₹210 | 28.57% | – | – |
| 1 September 2023 | ₹210 | 28.57% | – | – |
Jupiter Life Line Hospitals IPO Details:
Founded in 2007, Jupiter Life Line Hospitals Limited is a leading healthcare provider serving the Mumbai Metropolitan Area (MMR) and the western region of India.
Under the “Jupiter” brand, the company currently runs three hospitals in Thane, Pune, and Indore, boasting a total of 1,194 operational beds and a dedicated team of 1,306 doctors, including specialists, physicians, and surgeons, as of March 31, 2023. They are also constructing a new multi-specialty hospital in Dombivli, Maharashtra, set to accommodate more than 500 beds, with construction starting in April 2023.
Impressively, Jupiter Life Line Hospitals stands out for its specialized services, offering neuro-rehabilitation through a dedicated robotic and computer-assisted center in Thane and operating one of the region’s few multi-organ transplant centers.
All of their hospitals in Thane, Pune, and Indore have received certification from the National Accreditation Board for Hospitals & Healthcare Providers (NABH) and accreditation in medical testing from the National Accreditation Board for Testing and Calibration Laboratories (NABL).
In terms of revenue, the company has a diversified portfolio, with 54.18% of their operations revenue in Fiscal 2023 coming from Thane, 34.03% from Pune, and 11.79% from Indore hospitals.
Jupiter Lifeline Hospitals IPO More Details Click Here
Jupiter Lifeline Hospitals IPO FAQs
When is Jupiter Lifeline Hospitals IPO open?
Jupiter Lifeline Hospitals IPO will open on 6 September 2023.
When is Jupiter Lifeline Hospitals IPO Close?
Jupiter Lifeline Hospitals IPO will be closed on 8 September 2023.
What is Jupiter Lifeline Hospitals IPO GMP Today?
The Jupiter Lifeline Hospitals IPO GMP aka Grey Market Premium is ₹225.
What is Jupiter Lifeline Hospitals IPO Kostak Rates Today?
The Jupiter Lifeline Hospitals IPO Kostak Rate is ₹000.
What is Jupiter Lifeline Hospitals IPO Subject to Sauda Price Today?
The Jupiter Lifeline Hospitals IPO subject to sauda rates is ₹000.
Jupiter Lifeline Hospitals IPO Expected Returns?
The Jupiter Lifeline Hospitals expected return is 30.61%.
How much will be the listing gain in Jupiter Lifeline Hospitals IPO?
Jupiter Lifeline Hospitals IPO will get listing gain of 30.61%. (Approx.)
