Jupiter Lifeline Hospitals IPO GMP, Details to watch, Guidance & Subscription status @ Chanakyanipothi.com India`s Oldest & the most Trusted Investment website. Operational since 8th December 1999, this is the Only Investment website in India, which has successfully completed 23 Years.

    Jupiter Lifeline Hospitals IPO

    Jupiter Lifeline Hospitals IPO Live Analysis:
    Live Analysis in English https://youtu.be/Vy_bgwJs9XY
    Live Analysis in Gujarati https://youtu.be/1kO-Tqs8FkU

    Jupiter Lifeline Hospitals IPO Guidance:
    In the last 3 years, from a loss, the company has shown net profit of Rs.72.91 Cr. The shares are offered at very high valuation of 52.69. May not give returns as an Investment. Whether to apply or not, based on GMP, is upto you.

    Jupiter Lifeline Hospitals IPO Grey Market Premium  
    Premium: Rs.230
    After allotment, no subject to trade takes place

    Subscription Status of Jupiter Lifeline Hospitals IPO? 

    On 8 September 2023 @ 5.00 (Day 3) (Closed) 
    Review: Large IPO size,so bumper oversubscription difficult
    QIB:             2372,880 Shares    187.32 T
    NII(10L+):   1224,858  Shares     39.24 T
    NII (<10L)     612,429 Shares     25.78 T
    NII (Total)   1837,287 Shares      34.75 T
    RII:              4287,002 Shares       7.73 T
    Total:          8497,169 Shares    63.72 T

     

    Jupiter Lifeline Hospitals IPO Promoters
    Jupiter Lifeline Hospitals promotersDR. AJAY THAKKER, DR. ANKIT THAKKER AND
    WESTERN MEDICAL SOLUTIONS LLP

    Jupiter Lifeline Hospitals IPO Company Details to watch

    Jupiter Lifeline Hospitals is 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 1,194 hospital beds across three hospitals as of December 31, 2022. It has 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 900 beds, as of the date of this DRHP and December 31, 2022, respectively, and 1,246 doctors including specialists, physicians and
    surgeons, as of December 31, 2022. It is also currently in the process of developing a multi-specialty hospital in Dombivli, Maharashtra, which is designed to accommodate over 500 beds and has recently commenced construction in April 2023.

    The company commenced operations in 2007 with its hospital in Thane, Maharashtra and subsequently scaled its operations by setting up a hospital in Pune, Maharashtra in 2017 and acquiring a hospital in Indore, Madhya Pradesh in 2020. Its hospitals are also located in densely populated micro markets which have a low presence of chained hospitals, which it believes provides it an opportunity to offer its
    services to a larger population and helps our patients with greater access and connectivity to healthcare services.
    Its hospitals function on an ‘all-hub-no-spoke’ model with each hospital being a full-service hospital, operating independently and serving the healthcare needs of patients, right from diagnostics to surgery and rehabilitation.
    Its Thane and Pune hospitals are “greenfield” projects, and all three of its hospitals are located on land owned by it on a freehold basis, which it believes ensures operational control and allows it consistency in quality care resulting in long-term operational and financial efficiencies.

    For more information about the company, click www.jupiterhospital.com

    Objects of the IPO
    The Offer comprises of the Fresh Issue by the Company and the Offer for Sale by the Selling Shareholders.
    The net proceeds of the Fresh Issue are proposed to be utilised in the following manner:
    1. Repayment/pre-payment, in full or part, of borrowings availed from banks by the Company and Material Subsidiary; and
    2. General corporate purpose

    Jupiter Lifeline Hospitals IPO Details to watch.
    IPO opens on  6 September ,2023
    IPO closes on  8 September ,2023
    Issue Type Book Built Issue IPO
    Issue Size up to 11824150 Shares /
    Rs 869 Cr
    * Fresh Issue up to 7374150 Shares /
    Rs 542 Cr
    * Offer for Sale  44,50,000 Sh/Rs.327 Cr
    Employees Discount  0
    Face Value per share: Rs. 10
       
    Price Band Rs.695-735
    Employee discount  Rs. 0 per share
    Retail Lot Size  20 Shares
    Listing will at  BSE, NSE
    Shares offered to Shares Rs. in Cr
    QIB (50 %)  5912075 434.50
    NII (15 %)  1773623 130.35
    RII (35 %)  4138452 304.15
    Employees  0 0
    Total Shares  11824150 869
    Retail portion will be oversubscribed by  ? Forms
    How much Shares to Apply? Rs.
    Min Retail Application 20 Shares 14700
    Max Retail Application  260 Sh 191100
    Small HNI (Min) application  280 Shares 205800
    Small HNI (Max) application 1360 Sh 999600
    Big HNI Application 1380 Sh 1014300
    Jupiter Lifeline Hospitals IPO Tentative timetable
    IPO opens on 6 September 2023
    IPO Closes on 8 September 2023
    IPO Allotment on  13 September 2023
    Initiation of Refund 14 September 2023
    Credit to Demat Accounts  15 September 2023
    Listing on 18 September 2023
    Registered Office of Jupiter Lifeline Hospitals
    1004, 10th Floor, 360 Degree Business Park,
    Maharana Pratap Chowk, LBS Marg,
    Mulund (West), Mumbai – 400 080,
    Maharashtra, India
    Lead Manager to the IPO
    ICICI Securities Ltd,
    Edelweiss Financial Services Ltd,
    JM Financial Ltd
    Registrar to Jupiter Lifeline Hospitals IPO
    Kfin Technologies Ltd
    Jupiter Lifeline Hospitals Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs. in Cr. Rs.in Cr. Rs. %
    2020-21 490 (2.30) (0.45) (0.93)
    2021-22 737 51.13 10.05 17.73
    2022-23  903 72.91 13.95 20.03
    Book Value of the Share on 31.12.2022 Rs.64.39    
    Book Value of the Share after the IPO Rs.156.93    
    Offer Price   Rs. 735    
    Ratio Analysis
    Upper Price Band/last EPS 52.69
    Upper offer price/Book Value Ratio 11.41
    Upper offer price/BV after IPO Ratio 4.68

    Jupiter Lifeline Hospitals Peer Comparison

    As on date of DRHP FV Total  PE
      Rs. Income Ratio of
        Rs. In Cr  
    The IPO Company 10 903 52.69
    Apollo Hospitals 5 16703 84.64
    Fortis Healthcare 10 6359 40.26
    Max Healthcare 10 4702 45.97
    Narayan Hrudyalay 10 4590 33.14
    Global Healthcare 2 2759 53.70
    Krishna Institute 10 2224 45.09

    # This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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    Jupiter Lifeline Hospitals IPO

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