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Jupiter Life Line Hospitals

Founded in 2007, Jupiter Life Line Hospitals Limited is a leading multi-specialty healthcare provider in the Mumbai Metropolitan Region (MMR) and western India. Operating under the "Jupiter" brand, the company runs three hospitals in Thane, Pune, and Indore, with a total of 1,194 beds and a team of 1,306 doctors, including specialists, physicians, and surgeons (as of March 31, 2023). A new multi-specialty hospital is also under development in Dombivli, Maharashtra, with plans for over 500 beds. Construction began in April 2023. Jupiter Life Line Hospitals stands out for its advanced neuro-rehabilitation services in Thane and Indore, featuring robotic and computer-assisted treatments, as highlighted in the CRISIL Report. It also operates one of the few multi-organ transplant centers in Thane. All its hospitals are NABH-certified and NABL-accredited for medical testing. In Fiscal 2023, revenue from inpatient and outpatient services was distributed across its hospitals: Thane (54.18%), Pune (34.03%), and Indore (11.79%).

₹695 - ₹73563.72x sub
Listed Price₹973.00
Listing Gain+32.38%

IPO Schedule & Timeline

Book Built Issue IPO
Open06 Sep 2023
Close08 Sep 2023
Allotment13 Sep 2023
Listing18 Sep 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail42,87,002 shares
36.26%
Nii(hni)18,37,287 shares
15.54%
QIB23,72,880 shares
20.07%

Minimum Application Lots

Retail1 Lot (20 shares)
₹14,700
sHNI14 Lots (280 shares)
₹2,05,800
bHNI69 Lots (1,380 shares)
₹10,14,300

Company Promoters

Dr. Ajay ThakkerDr. Ankit ThakkerWestern Medical Solutions LLP

Company Background

Founded in 2007, Jupiter Life Line Hospitals Limited is a leading multi-specialty healthcare provider in the Mumbai Metropolitan Region (MMR) and western India. Operating under the "Jupiter" brand, the company runs three hospitals in Thane, Pune, and Indore, with a total of 1,194 beds and a team of 1,306 doctors, including specialists, physicians, and surgeo...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹490.27 Cr
Growth-45.7%
Revenue Trend (₹ in Crores)
0.0346.1692.31.0kMar 2023Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 490.27-2.30 788.91425.52
Mar 2022 737.1451.13908.70495.25
Mar 2023902.9672.91985.53468.63

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values13.9520.03%20.94%52.6866.1

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
13 Sep 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
18 Sep 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

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Allotment Schedule & Milestones

IST
1. Allotment Finalization13 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date18 Sep 2023Trading commences on exchange

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About Jupiter Life Line Hospitals IPO

Complete issue overview for Jupiter Life Line Hospitals (JLHL) IPO. The issue features an equity share price band of ₹695 – ₹735 per share with a minimum retail lot size of 20 Shares (minimum application amount of ₹14,700). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

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