Jupiter Life Line Hospitals IPO Date, Review, Price, Allotment Details

Jupiter Hospitals IPO Details: Jupiter Hospitals IPO date is fixed, the IPO is to hit the market on September 6 and will close on September 8. Jupiter Hospitals IPO to raise around ₹869 crores via IPO that comprises fresh issue of ₹542 and offer for sale up to 4,450,000 Shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Jupiter Hospitals IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum120₹14,700
Retail Maximum13260₹191,100
S-HNI Minimum14280₹205,800
B-HNI Minimum691,380₹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
YearRevenueExpensePAT
2021₹490₹4892.30
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/

Jupiter Hospitals IPO FAQs

What is Jupiter Hospitals IPO?

Jupiter Hospitals IPO is a main-board IPO. They are going to raise ₹869 Crores via IPO. The issue is priced at ₹695 to ₹735 pr equity share. The IPO is to be listed on BSE & NSE.

When Jupiter Hospitals IPO will open?

The IPO is to open on September 6,2023 for QIB, NII, and Retail Investors.

What is Jupiter Hospitals IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Jupiter Hospitals IPO?

You can apply for Jupiter Hospitals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Jupiter Hospitals IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Jupiter Hospitals”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Jupiter Hospitals IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Jupiter Hospitals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Jupiter Hospitals IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Jupiter Hospitals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Jupiter Hospitals IPO Size?

Jupiter Hospitals IPO size is ₹869 crores.

What is Jupiter Hospitals IPO Price Band?

Jupiter Hospitals IPO Price Band is ₹695 to ₹735.

What is the Jupiter Hospitals IPO Allotment Date?

Jupiter Hospitals IPO allotment date is September 13, 2023.

What is the Jupiter Hospitals IPO Listing Date?

Jupiter Hospitals IPO listing date is September 18, 2023. The IPO is to list on BSE and NSE.

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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