Jupiter Life Line Hospitals Limited IPO

Jupiter Life Line Hospitals Limited IPO is listed on BSE and NSE, priced at ₹695–₹735 per share. The stock debuted at ₹973, delivering a listing gain of 32.4%. The IPO had a lot size of ₹20 shares and a minimum investment of ₹14,700.

Jupiter Life Line Hospitals Limited IPO

Mainboard Listed
₹14,700 (20 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 6, 2023 – Sep 8, 2023
Price band
₹695-735 per equity share
Minimum Investment
₹14,700
Issue size
Total ₹869.08 Cr : #Fresh Issue : 7,374,163 shares(aggregating up to ₹542.00 Cr) + #OFS : 4,450,000 shares of ₹10(aggregating up to ₹327.08 Cr)
Lot size
20
Allotment Date
Sep 13, 2023
Listing
Sep 18, 2023
Listing At
BSE, NSE

IPO timeline

  1. Sep 6, 2023

    Open Date

    Completed

  2. Sep 8, 2023

    Close Date

    Completed

  3. Sep 13, 2023

    Allotment Date

    Completed

  4. Sep 18, 2023

    Listing Date

    Completed

Price Summary

Last closing
1,306.00 (77.69%)
52 week high
1,625.00
52 week low
1,178.00
Last update

Jupiter Life Line Hospitals Limited IPO Essentials

Jupiter Life Line Hospitals Limited IPO Details

Jupiter Life Line Hospitals Limited IPO is priced at ₹695-735 per share with a total issue size of Total ₹869.08 Cr : #Fresh Issue : 7,374,163 shares(aggregating up to ₹542.00 Cr) + #OFS : 4,450,000 shares of ₹10(aggregating up to ₹327.08 Cr). The IPO has a lot size of 20 shares and is listed on BSE and NSE.

Issue price
₹695-735 per equity share
Lot size
20 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹869.08 Cr :
#Fresh Issue : 7,374,163 shares(aggregating up to ₹542.00 Cr) +
#OFS : 4,450,000 shares of ₹10(aggregating up to ₹327.08 Cr)
Listing at
BSE, NSE
List price
973.0(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
ICICI Securities Limited, Nuvama Wealth Management Limited, Jm Financial Limited

Jupiter Life Line Hospitals Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications: 2,06,923 Approx),
    (Number of S-HNI Applications : 2,111 Approx),
    (Number of B-HNI Applications : 4,223 Approx)

Jupiter Life Line Hospitals Limited IPO Documents

Jupiter Life Line Hospitals Limited IPO Analytics

Jupiter Life Line Hospitals Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Jupiter Life Line Hospitals Limited IPO Subscription Status

Jupiter Life Line Hospitals Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 2,443,743
1,773,625
1,182,416
591,209
4,138,458 8,355,826
Day 1 06-09-23 05:00 PM
0.01 x
1.43x
1.23x
1.83x
1.10 x 0.87 x
Day 2 07-09-23 05:00 PM
1.03 x
6.63x
6.65x
6.59x
3.07 x 3.27 x
Day 3 08-09-23 05:00 PM
187.32 x
34.75x
39.24x
25.77x
7.71 x 63.71 x
Total No. of Applications
category wise applications
14,55,252 (Approx) 7.03

Jupiter Life Line Hospitals Limited Valuations

Earnings

EPS (Post IPO)
₹13.95/-
P/E Ratio
52.68

Returns

RoNW
20.03%

Data sourced from DRHP / RHP • For educational purposes only

Jupiter Life Line Hospitals Limited Financials( In Crs.)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 985.53 908.70 788.91
Revenue 902.96 737.14 490.27
Profit After Tax 72.91 51.13 -2.30

Jupiter Life Line Hospitals Limited Company & Offer Insights

About Jupiter Life Line Hospitals Limited

Jupiter Life Line Hospitals Limited is a multi-specialty tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and western region of India.

Jupiter Life Line Hospitals has been operating as a corporate quaternary care healthcare service provider in the western regions of India and currently operates three hospitals under the Jupiter brand in Thane, Pune, and Indore, with a total operational bed capacity of 1194 beds, and 1,306 doctors including specialists, physicians, and surgeons, as of March 31, 2023. The company is currently developing a multi-specialty hospital in Dombivli, Maharashtra, which is designed to accommodate over 500 beds and has commenced construction in April 2023.

According to the CRISIL Report, the company's Thane and Indore hospitals are amongst the few hospitals in the western region of India to provide neuro-rehabilitation services through a dedicated robotic and computer-assisted neuro-rehabilitation center. Additionally, it operates one of the few multi-organ transplant centers in Thane. All the hospitals in Thane, Pune, and Indore have been certified by the National Accreditation Board for Hospitals & Healthcare Providers (NABH) and have been accredited in the field of medical testing by the National Accreditation Board for Testing and Calibration Laboratories (NABL).

Jupiter Life Line Hospitals Limited Promoter(s)

Dr. Ajay Thakker, Dr. Ankit Thakker, Western Medical Solutions LLP are the company's promoters of Jupiter Life Line Hospitals Limited.

Jupiter Life Line Hospitals Limited IPO Issue Objectives

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

Jupiter Life Line Hospitals Limited IPO - Anchor Investors

Jupiter Life Line Hospitals mops up Rs 260.72 crore via anchor book ahead of IPO.
As many as 39 investors made an investment in the company via anchor book including marquee names like Government of Singapore, Abu Dhabi Investment Authority, Fidelity Funds, Goldman Sachs, Nomura Funds, HSBC Global, Florida Retirement System, and Natixis International Funds.
Domestic investors including SBI Mutual Fund, ICICI Prudential, Nippon Life, HDFC Mutual Fund, Axis Mutual Fund, Aditya Birla Sun Life Trustee, UTI Mutual Fund, Motilal Oswal MF, HDFC Life Insurance, and SBI Life Insurance Company also participated in the anchor book.

Jupiter Life Line Hospitals Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Jupiter Life Line 11.41 66.10 20.03% 902
Apollo Hospitals 11.2 104 13.7% 17,235
Fortis Healthcare 3.35 47.0 7.77% 6,467
Narayana Hrudalaya 9.86 30.6 33.1% 4,725
Max Healthcare 7.59 47.8 16.1% 4,778
Krishna Institute 9.27 45.9 21.3% 2,308
Global Health 7.79 51.1 16.2% 2,850

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Jupiter Life Line Hospitals Limited IPO is a book-built IPO worth ₹Total ₹869.08 Cr : #Fresh Issue : 7,374,163 shares(aggregating up to ₹542.00 Cr) + #OFS : 4,450,000 shares of ₹10(aggregating up to ₹327.08 Cr). The price band is ₹695–₹735 per share. The IPO opens on Sep 6, 2023 and closes on Sep 8, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of Jupiter Life Line Hospitals Limited IPO is ₹695 to ₹735 per share.

The lot size of Jupiter Life Line Hospitals Limited IPO is 20 shares.

The minimum investment for Jupiter Life Line Hospitals Limited IPO is approximately ₹14,700 based on the upper price band .

Jupiter Life Line Hospitals Limited IPO opens on Sep 6, 2023 and closes on Sep 8, 2023.

The allotment date of Jupiter Life Line Hospitals Limited IPO is Sep 13, 2023.

Jupiter Life Line Hospitals Limited IPO is expected to be listed on Sep 18, 2023, on BSE and NSE .

Jupiter Life Line Hospitals Limited IPO listed on Sep 18, 2023. It was issued at ₹973.0(NSE) and is currently around ₹1306.00 as on 14-May-2026 3:30 PM, which is approximately 77.7% versus issue price. The 52-week high is ₹1,625.00.

Based on listing and post-listing performance, Jupiter Life Line Hospitals Limited IPO delivered around 77.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Jupiter Life Line Hospitals Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Jupiter Life Line Hospitals Limited IPO valuation snapshot: P/E 52.68, EPS ₹13.95/-, P/B N/A, RoNW 20.03%, and market cap N/A.

To apply for Jupiter Life Line Hospitals Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Jupiter Life Line Hospitals Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Jupiter Life Line Hospitals Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Jupiter Life Line Hospitals Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Jupiter Life Line Hospitals Limited IPO allotment status on IPO Ji for quick and easy access.