FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Jupiter Life Line Hospitals IPO Details 2023

IPO Status: Listed [6th Sep 2023 to 8th Sep 2023]

Rated 3/5 by Team InvestorGain
Jupiter Life Line Hospitals IPO Detail

Jupiter Life Line Hospitals Limited is bringing its mainline IPO to India’s topmost stock exchanges NSE and BSE. The total offer size comprises a Fresh issue size worth Rs 542 Cr and OFS size of 4,450,000 equity shares. You can apply in this IPO application from its subscription period 06 Sept 2023 to 08 Sept 2023. The face value is Rs 10 for each share. For this IPO application, you have to buy a minimum of 20 shares at the issue price of Rs 695 to Rs 735 per share.

Please stay connected with us to get the latest update for the IPO of Jupiter Life Line Hospitals Limited including company overview, financials, live subscription, allotment, GMP and more.

Jupiter Life Line Hospitals IPO Details

IPO Issue Opening Date: 6th Sep 2023
IPO Issue Closing Date: 8th Sep 2023
IPO Issue Price: ₹695.00-735.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: Not less than 35.00% of the Offer
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹869.08 Cr
Offer for Sale: ₹327.08 Cr
Fresh Issue: ₹542.00 Cr
Face Value: ₹10 Per Equity Share
IPO Discount: TBD
Promoter Holding Pre IPO: 49.79%
Promoter Holding Post IPO: 40.91%
Allotment Status: Allotment Status
BSE Code: 543980
NSE Code: JLHL

Jupiter Life Line Hospitals IPO Important Dates

Get important updates regarding Jupiter Life Line Hospitals IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Jupiter Life Line Hospitals IPO dates
IPO Activity Date
Basis of Allotment Date* 13th Sep 2023
Refunds Initiation* 14th Sep 2023
Credit of Shares to Demat* 15th Sep 2023
IPO Listing Date* 18th Sep 2023

* - Tentative Dates

Jupiter Life Line Hospitals IPO Lots

IPO Activity Date
Issue Price ₹695.00-735.00
Market Lot: 20 Shares
1 Lot Amount: ₹14700
Min Small HNI Lots(2-10 Lakh): 280 shares (14 lots)
Min Big HNI Lots(10+ Lakh): 1380 shares (69 lots)

Jupiter Life Line Hospitals IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
18-09-2023735.002333500/49000₹968 (31.7%)18-Sep-2023 10:28
IPO Live GMP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Jupiter Life Line Hospitals

Jupiter Life Line Hospitals Limited started operations in 2007 with its first hospital in Thane, Maharashtra and subsequently scaled up its operations by establishing a hospital in Pune, Maharashtra in 2017 and acquiring a hospital in Indore, Madhya Pradesh in 2020. The management team is supported by a highly experienced professional team that has extensive experience in the healthcare industry. They are focused on fostering and maintaining a culture that supports the retention and growth of their healthcare professionals.

The company is one of the leading tertiary and quaternary healthcare providers in Greater Mumbai and Western region of India and has a total bed capacity of 1,194 beds across three hospitals. The company has been operating as a provider of quaternary healthcare services in densely populated micro markets in the western regions of India for more than 15 years and currently operates three hospitals under the “Jupiter” brand in Thane, Pune and Indore, which have an operational bed capacity. 

The hospitals operate on an "all-hub-no-spoke" model, where each hospital is a full-service hospital that operates independently and serves patients from diagnostics to surgery to rehabilitation. The hospitals in Thane and Pune are “greenfield” projects, and all three hospitals are located on land we own and for which we have acquired property rights.

Jupiter Life Line Hospitals IPO Strengths

  • Key multi-specialty tertiary and quaternary healthcare provider with a track record of over 15 years, strong brand recognition and clinical expertise
  • All-hub-no-spoke’ model with focus on quality patient care supported by modern infrastructure and technological capabilities
  • Ability to attract and retain skilled and experienced healthcare professionals
  • Track-record of operational and financial performance with a diversified revenue mix
Incorporation Sector IPO Issue Size Website
2007 Medical Hospital ₹869.08 Cr https://www.jupiterhospital.com/

Jupiter Life Line Hospitals IPO Objective

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Repayment/pre-payment, in full or part, of borrowings availed from banks by the company and Material Subsidiary; and
  2. General corporate purposes.

Our experts can help you prepare for SME IPO

Jupiter Life Line Hospitals IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 2,443,743 Shares
  • Non-Institutional Investors: 1,773,625 Shares
  • Retail Individual Investor: 4,138,458 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered2,443,743 (29.25%)1,773,625 (21.23%)4,138,458 (49.53%)8,355,826
16th Sep 2023 19:040.01x1.49x1.17x0.90x
27th Sep 2023 19:041.09x6.88x3.23x3.38x
38th Sep 2023 19:04181.89x36.00x8.00x64.80x
Jupiter Life Line Hospitals IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets788.91908.70985.53
Revenue490.27737.14902.96
Profit After Tax-2.3051.1372.91
Net Worth246.44288.43363.91
Reserves and Surplus
Total Borrowing425.52495.25468.63
Amount in ₹ Crore

Jupiter Life Line Hospitals IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Jupiter Life Line Hospitals Limited13.9512.9564.3920.03Consolidated
Apollo Hospitals Enterprise Limited56.9756.97378.3384.6416.4Consolidated
Fortis Healthcare Limited7.87.846.6740.2620.9Consolidated
Max Healthcare Institute Limited11.3811.3624.1445.9762.8Consolidated
Narayana Hrudayalaya Limited29.8529.8590.533.1435.4Consolidated
Global Health Limited12.5812.5790.3553.716.2Consolidated
Krishna Institute of Medical Sciences Limited42.0342.03193.9645.0925.7Consolidated

Company Address

Jupiter Life Line Hospitals Limited
1004, 10th Floor, 360 Degree Business Park, Maharana Pratap Chowk
Marg, Mulund (West), Mumbai ,Maharashtra-400 080
India
Website: https://www.jupiterhospital.com/
Phone: + 91 22 2172 5623
Email: [email protected]

Jupiter Life Line Hospitals IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]
Jupiter Life Line Hospitals IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Jupiter Life Line Hospitals? Should I apply in Jupiter Life Line Hospitals IPO?

Last Updated on 22-Sep-2023 06:02:52

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Jupiter Life Line Hospitals IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Jupiter Life Line Hospitals IPO with Zerodha.

Alternate approch to apply in Jupiter Life Line Hospitals IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Jupiter Life Line Hospitals IPO Review and Important Updates

Other relevant questions :

How to subscribe Jupiter Life Line Hospitals IPO Zerodha? How to purchase Jupiter Life Line Hospitals IPO on Zerodha? Jupiter Life Line Hospitals IPO how to buy Zerodha? Jupiter Life Line Hospitals IPO Zerodha apply. Jupiter Life Line Hospitals IPO purchase Zerodha. Jupiter Life Line Hospitals IPO with Zerodha. Jupiter Life Line Hospitals IPO at Zerodha. Jupiter Life Line Hospitals IPO kite Zerodha. Jupiter Life Line Hospitals IPO using Zerodha. Jupiter Life Line Hospitals IPO via Zerodha.

 

Apply in Jupiter Life Line Hospitals IPO online

To subscribe or apply in Jupiter Life Line Hospitals IPO, you can use the following methods:

MethodDetails
Jupiter Life Line Hospitals IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Jupiter Life Line Hospitals IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Jupiter Life Line Hospitals IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Jupiter Life Line Hospitals IPO. Most of the Syndicate Banks provide access to apply in Jupiter Life Line Hospitals IPO via ASBA process. You must have your net banking access, DP ID information to apply in Jupiter Life Line Hospitals IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Jupiter Life Line Hospitals IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Jupiter Life Line Hospitals IPO Review and Important Updates

Other relevant question on same topics are:

Where to subscribe Jupiter Life Line Hospitals IPO? Where to apply for Jupiter Life Line Hospitals IPO? How to subscribe Jupiter Life Line Hospitals IPO online? Jupiter Life Line Hospitals IPO where to apply? Where to buy Jupiter Life Line Hospitals IPO online? How to buy Jupiter Life Line Hospitals IPO online? How to purchase Jupiter Life Line Hospitals IPO? How to get Jupiter Life Line Hospitals IPO? How to book Jupiter Life Line Hospitals IPO? How to invest Jupiter Life Line Hospitals IPO? Jupiter Life Line Hospitals IPO kaise buy kare?

 

Applying in Jupiter Life Line Hospitals IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Jupiter Life Line Hospitals IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

For more details on how to use UPI payment method to apply Jupiter Life Line Hospitals IPO, please refer article >> Link

Jupiter Life Line Hospitals IPO Review and Important Updates

Steps to download the online application form for Jupiter Life Line Hospitals IPO

  • Step1:Click here.
  • Step2: Click on “Bid-cum Application Form Download
  • Step3: Above Step will open an online form.
  • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
  • Step5: Fill bid details - min 20 and max 260 shares (13 lots).
  • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
  • Step7: This will fill your application online and give you a pdf file.
  • Step8: Take a print of this document and go to your bank for UPI transactions.
  • Or

  • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

Other relevant questions:

How to fill Jupiter Life Line Hospitals IPO form? How to fill Jupiter Life Line Hospitals IPO form online? Jupiter Life Line Hospitals IPO online form? Jupiter Life Line Hospitals IPO online form fill up? Jupiter Life Line Hospitals IPO blank form download? Jupiter Life Line Hospitals IPO bid form? Jupiter Life Line Hospitals IPO full form? Jupiter Life Line Hospitals IPO form nse? Jupiter Life Line Hospitals IPO form bse? Jupiter Life Line Hospitals IPO form online? Jupiter Life Line Hospitals IPO form print? Jupiter Life Line Hospitals IPO application amount?

 

Jupiter Life Line Hospitals IPO is going to be list on 18-09-2023. NSE Code for Jupiter Life Line Hospitals is JLHL. BSE Code for Jupiter Life Line Hospitals is 543980.

Other relevant questions:

When Jupiter Life Line Hospitals IPO will be listing? Jupiter Life Line Hospitals IPO NSE listing date?Jupiter Life Line Hospitals IPO date of listing.Jupiter Life Line Hospitals IPO BSE listing date?

 

Jupiter Life Line Hospitals IPO Allotment Date is 13-09-2023.

Other relevant questions:

Jupiter Life Line Hospitals IPO share allotment date?Jupiter Life Line Hospitals IPO allotment date?

 


User Reviews

5. Laxman Gupta Sep 06 2023 10:25:07 AM Reply
Till date I not received
NSE,BSE IPO
Subscribing since last six months
5.1. CA Sachin Sep 06 2023 12:07:08 PM
Dear sir, you are not the only one, everyone has the same problem. But the thing is that in any good IPO, the oversubscription is in the triple digits and the chance of getting an allocation is very low.
I am no expert, but I have a few suggestions
If multiple IPOs are active, choose them wisely.
You are more likely to get an application with a minimum number of lots, so try to apply with 1 lot (retail) or 14 lots (SHNI), etc.
If you have family accounts, try to apply with as many family accounts as possible, which may increase the likelihood of an allocation.
4. Murali Aug 31 2023 03:35:10 AM Reply
Jupiter Life Line Hospitals IPO expected listing gain.
3. Ravi kumar Aug 31 2023 03:35:10 AM Reply
Please confirm Jupiter Life Line Hospitals IPO GMP (grey market premium) and kostak.
2. Pankaj ashok shinde Aug 31 2023 03:35:10 AM Reply
Jupiter Life Line Hospitals IPO good or bad.
1. R Madhanraj Aug 31 2023 03:35:10 AM Reply
Jupiter Life Line Hospitals IPO whether to invest or not.