Jupiter Lifeline Hospitals are among the key multi-specialty tertiary and quaternary healthcare providers in the Mumbai Metropolitan Area (MMR) and western region of India with 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 the western regions of 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, as of March 31, 2023 and as of the date of this Red Herring Prospectus, respectively, and 1,306 doctors including specialists, physicians and surgeons, as of March 31, 2023. They are also currently in the process of developing a multi-specialty hospital in Dombivli, Maharashtra, which is designed to accommodate over 500 beds and has commenced construction in April 2023.
Jupiter Hospitals follows a “patient first” ideology by creating the best infrastructure, technology, and support to put the patient first and foremost and be futuristic and innovative in the delivery of healthcare. We have equipped our hospitals with over 30 key specialties, as of March 31, 2023.
They commenced operations in 2007 with our hospital in Thane, Maharashtra, and subsequently scaled our operations by setting up a hospital in Pune, Maharashtra in 2017 and acquiring a hospital in Indore, Madhya Pradesh in 2020. Their hospitals are also located in densely populated micro markets which have a low presence of chained hospitals, which they believe provides us an opportunity to offer our 196 services to a larger population and helps their patients with greater access and connectivity to healthcare services.
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 Hospitals IPO Review (Apply or Not)
- May Apply
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 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 |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
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 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Jupiter Hospitals IPO Form
How to apply for the Jupiter Hospitals IPO? You can apply for Jupiter Hospitals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Jupiter Hospitals IPO in the Invest section. The other option is you can apply for Jupiter Hospitals IPO via IPO forms downloaded via NSE and BSE. Check out the Jupiter Hospitals forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
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
Company Promoters
- Dr. Ajay Thakker
- Dr. Ankit Thakker
- Western Medical Solutions LLP
Jupiter Hospitals IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/
Jupiter Hospitals IPO Allotment Status Check
Check Jupiter Hospitals IPO allotment status on Kfin Technologies website allotment URL. Click Here
Jupiter Hospitals IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Nuvama Wealth Management Limited
- Jm Financial Limited
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/
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Note: The Jupiter Hospitals IPO price band and date are officially announced. The IPO grey market premium (Jupiter Hospitals IPO Premium) will be added to the IPO grey market page as it will start).
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