About the company
Incorporated in 2007, Jupiter Life Line Hospitals Limited is one of the key multi-specialty tertiary and quaternary healthcare providers in the Mumbai Metropolitan Area (MMR) and western region of India.Under the brand name Jupiter, it currently operates hospitals in Thane, Pune, and Indore with a total bed capacity of 1,194 and 1,306 doctors which includes specialists, physicians, and surgeons as of March 31, 2023.
Objects of the issue and proceeds utilization
Through its public offer, Jupiter Life Line Hospitals aims to raise Rs. 869.08 crores. The offer comprises of fresh issue of equity shares worth Rs. 542 crores and an offer for sale of 44.5 lakh equity shares from existing shareholders.
| Purpose | Proceeds (₹ crores) |
|---|---|
| Repayment/pre-payment, in full or part, of borrowings availed from banks by the company and material Subsidiary | 510.4 |
| General corporate purposes | Balance |
Financial information and other valuation metrics
| Financial Year | Total Assets (₹ crores) | Total Revenue (₹ crores) | Profit After Tax (₹ crores) | EPS | EBITDA (₹ crores) |
|---|---|---|---|---|---|
| March 31, 2021 | 788.91 | 490.27 | -2.30 | -0.45 | 71.268 |
| March 31, 2022 | 908.70 | 737.14 | 51.13 | 10.05 | 157.41 |
| March 31, 2023 | 985.53 | 902.96 | 72.91 | 13.95 | 211.74 |
IPO Schedule
| Issue Period | 6th September to 8th September 2023 |
|---|---|
| Price band | ₹ 695 - 735 |
| Minimum Bid quantity | 20 & Multiples thereof |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | 13th September 2023 |
| Initiation of Refunds | 14th September 2023 |
| Credit of Shares | 15th September 2023 |
| Date of Listing | 18th September 2023 |
| Mandate end date | 23rd September 2023 |
| Anchor Investors Lock-In End Date | 8th October 2023 |
How to apply to the Jupiter Life Line Hospitals Limited IPO?
You can apply for the Jupiter Life Line Hospitals Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Jupiter Life Line Hospitals Limited IPO?
You can check the allotment status for the Jupiter Life Line Hospitals Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.