Jupiter Life Line Hospitals Ltd
Price Range
₹695 - ₹735
Min. Quantity
20
Closes on
8 September 2023
Min. investment
₹14,700/260 Shares
Jupiter Life Line Hospitals Ltd IPO Timeline
Jupiter Life Line Hospitals Limited was incorporated in Mumbai, Maharashtra through a Certificate of Incorporation dated November 18, 2002, issued by the RoC, which subsequently, commenced its business operations in December, 2002. Led by founding Promoter, Dr. Ajay Thakker, the Company is a prominent multi-speciality tertiary and quaternary healthcare service provider in the Mumbai metropolitan area and Western India with total operational bed capacity of 1,194 across three hospitals located in Thane, Pune and Indore under the 'Jupiter' brand. The Company is constructing a new multi-speciality hospital in Dombivali, Maharashtra with potential capacity of 500 beds. The Company is also running Fortune Park Lake City Hotel in Thane for promoting medical tourism.
| Event | Date |
|---|---|
| Jupiter Life Line Hospitals Ltd IPO Opening Date | 6 September 2023 |
| Jupiter Life Line Hospitals Ltd IPO Closing Date | 8 September 2023 |
| Basis of Allotment | 13 September 2023 |
| Initiation of Refunds | 14 September 2023 |
| Credit of Shares to Demat | 15 September 2023 |
| Jupiter Life Line Hospitals Ltd IPO Listing Date | 18 September 2023 |
Jupiter Life Line Hospitals Ltd IPO Details
| Jupiter Life Line Hospitals Ltd IPO Date | 6 September 2023 to 8 September 2023 |
| Jupiter Life Line Hospitals Ltd IPO Face Value | ₹10 per share |
| Jupiter Life Line Hospitals Ltd IPO Price | ₹695 to ₹735 per share |
| Jupiter Life Line Hospitals Ltd IPO Lot Size | 20 |
| Issue Size | Shares of ₹10 (aggregating up to ₹869.08 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹542 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹327.08 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 23,72,880 of the Net Offer |
| Retail Shares Offered | Not less than 42,87,002 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 18,37,287 of the Net Offer |
| Company Promoters | Ajay Thakker, Ankit Thakker, Western Mediacal Solutions LLP |
Jupiter Life Line Hospitals Ltd IPO Lot Size
The Jupiter Life Line Hospitals Ltd IPO lot size is 20 shares. A retail-individual investor can apply for up to 13 lots (260 shares or ₹1,91,100).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 20 | ₹14,700 |
| Maximum | 13 | 260 | ₹1,91,100 |
- Strengths
- Risks
- Opportunities
- 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.
- Experienced and qualified professional management team with a focus on environmental, social and governance initiatives.
Company Financials
Jupiter Life Line Hospitals Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,360.6 | 940.26 | 151.95 |
| 03-2023 | 885.34 | 800.62 | 107.21 |
| 03-2022 | 754.75 | 661.03 | 84.67 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repaymnet/pre-payment in full or part, of borrowings availed from banks by the company and material subsidiary
- General corporate purposes
Jupiter Life Line Hospitals Ltd IPO Promoter Holding
| Pre Issue Share Holding | 23.37% |
| Post Issue Share Holding | 20.74% |
Jupiter Life Line Hospitals Ltd IPO Subscription Status (Bidding Detail)
The Jupiter Life Line Hospitals Ltd IPO is subscribed 63.72 times on 8 September 2023 05:00:00 PM. The public issue subscribed 7.73 times in the retail category, 187.32 times in the QIB category, and 34.75 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 187.32 | 34.75 | 7.73 | - | 63.72 |
Jupiter Life Line Hospitals Ltd IPO Prospectus
Jupiter Life Line Hospitals Ltd IPO Listing Date
| Listing Date | 18 September 2023 |
| BSE Script | 543980 |
| NSE Symbol | JLHL |
| Listing In | BSE, NSE |
| ISIN | INE682M01012 |
| IPO Price | ₹735 |
| Face Value | ₹10 |
Company Contact Information
1004 Xth Flr 360 Degree Busi.Park LBS Marg Mulund (West),Mumbai-400080
Phone: +91 22 2172 5623
Email: cs@jupiterhospital.com
Website: www.jupiterhospital.com
Jupiter Life Line Hospitals Ltd IPO Registrar
Jupiter Life Line Hospitals Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Nuvama Wealth Management Ltd
- JM Financial Ltd
FAQ
What is the issue size of Jupiter Life Line Hospitals Ltd IPO?
I have pre-applied for Jupiter Life Line Hospitals Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.