Jupiter Life Line Hospitals Limited IPO

Jupiter Life Line Hospitals Limited is a leading private hospital chain in the Mumbai Metropolitan Region (MMR) and the western region of India. The company is planning to raise ₹869 crores through an initial public offering (IPO). The IPO will open on September 6, 2023, and close on September 8, 2023.

The IPO consists of a fresh issue of ₹542 crores and an offer for sale of up to 4,450,000 shares by existing shareholders and promoters. The proceeds from the IPO will be used to repay debt, fund capital expenditure, and for general corporate purposes.

Jupiter Life Line Hospitals has a total bed capacity of 1,194 across three hospitals in Mumbai, Thane, and Pune. The company offers a wide range of medical services, including cardiac care, cancer care, and neonatal care.

The IPO is being managed by Kotak Mahindra Bank, Axis Capital, and ICICI Securities. The anchor book is expected to open on September 5, 2023.

Jupiter Life Line Hospitals IPO Details

IPO Date	September 6, 2023 to September 8, 2023
Face Value	₹10 per share
Price	₹695 to ₹735 per share
Lot Size	20 Shares
Total Issue Size	11,824,163 shares (aggregating up to ₹869.08 Cr)
Fresh Issue	7,374,163 shares (aggregating up to ₹542.00 Cr)
Offer for Sale	4,450,000 shares of ₹10 (aggregating up to ₹327.08 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
Share holding pre issue	58,191,859
Share holding post issue	65,566,022

Jupiter Life Line Hospitals IPO Timetable (Tentative)

IPO Open Date	Wednesday, September 6, 2023
IPO Close Date	Friday, September 8, 2023
Basis of Allotment	Wednesday, September 13, 2023
Initiation of Refunds	Thursday, September 14, 2023
Credit of Shares to Demat	Friday, September 15, 2023
Listing Date	Monday, September 18, 2023
Cut-off time for UPI mandate confirmation	5 PM on September 8, 2023

Jupiter Life Line Hospitals IPO Financial Information

Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	788.91	908.70	985.53
Revenue	490.27	737.14	902.96
Profit After Tax	-2.30	51.13	72.91
Net Worth	246.44	288.43	363.91
Total Borrowing	425.52	495.25	468.63

Key Performance Indicator

KPI	Values
P/E (x)	52.68
Market Cap (₹ Cr.)	4819.1
ROE	20.03%
ROCE	20.94%
EPS (Rs)	13.95
RoNW	20.03%

If you are interested in investing in the Jupiter Life Line Hospitals Limited IPO, you should carefully consider the risks and rewards involved. The company is facing some challenges, such as rising competition and increasing costs. However, the company also has a strong track record of growth and profitability.

Ultimately, the decision of whether or not to invest in the Jupiter Life Line Hospitals Limited IPO is a personal one. You should do your own research and consult with a financial advisor before making any investment decisions.

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