Jupiter Life Line Hospitals, a multi-specialty tertiary and quaternary healthcare provider, is offering an initial public offering (IPO) of ₹869.08 crore. Jupiter Hospital IPO comprises a fresh issue of shares worth ₹542 crore and an offer-for-sale (OFS) of 44.5 lakh shares by 10 selling shareholders. The price band for the IPO is ₹695- ₹735 per share.
Key Details about the Jupiter Hospital IPO:
- Issue size: ₹869.08 crore
- Price band: ₹695- ₹735 per share
- Minimum application size:
- For retail investors: ₹14,700 (20 shares)
- For high-net-worth individuals: ₹205,800 (280 shares)
- For qualified institutional buyers: ₹69,500,000 (100,000 shares)
- Opening date: September 6, 2023
- Closing date: September 8, 2023
- Listing date: September 18, 2023
- Lead Managers:ICICI Securities, JM Financials and Nuvama Wealth Management ltd.
- Registrar: KFin Technologies Limited
- Company website: https://www.jupiterhospital.com/
- Promoters of the company:
- Dr. Ajay Thakker, Dr. Ankit Thakker And Western Medical Solutions LLP
The proceeds from the IPO will be used to fund the company’s expansion plans, repay debt, and for general corporate purposes.
Jupiter Hospital IPO GMP
The IPO has been well received by investors so far. The grey market premium for the IPO is around ₹276 per share, which indicates that the shares are likely to be listed at a premium to the issue price.
Jupiter Life Line Hospitals IPO Subscriptions
The IPO has been subscribed 87% as of September 8, 2023. The retail portion of the IPO has been subscribed 100%, the non-institutional investor portion has been subscribed 85%, and the qualified institutional buyer portion has been subscribed 60%.
If you are interested in investing in the Jupiter Life Line Hospitals IPO, you should do your own research before making a decision. Investors should carefully consider these risks before investing in the IPO.
Jupiter Hospital IPO Listing Date
The IPO is set to be listed on the BSE and NSE on September 18.
Jupiter Life Line Hospitals IPO Anchor Subscription.
Jupiter Life Line Hospitals raised Rs 260.72 crore from 39 anchor investors ahead of its IPO on September 5.
Who is the owner of Jupiter Hospital?
The owner of Jupiter Hospital is Dr. Ajay P. Thakker
When was Jupiter Hospital established?
2007
Jupiter Lifeline Hospitals IPO RHP
Jupiter Lifeline Hospitals IPO RHP can be found on the SEBI website
Jupiter Life Line Hospitals listing day gain?
Jupiter Life Line Hospitals shares closed with 46% gains on their debut day. The stock closed at ₹1,075 on its debut day, compared to its IPO price of ₹735.