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Jupiter Life Line Hospitals Limited IPO

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 DateSeptember 6, 2023 to September 8, 2023
Face Value₹10 per share
Price₹695 to ₹735 per share
Lot Size20 Shares
Total Issue Size11,824,163 shares
(aggregating up to ₹869.08 Cr)
Fresh Issue7,374,163 shares
(aggregating up to ₹542.00 Cr)
Offer for Sale4,450,000 shares of ₹10
(aggregating up to ₹327.08 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue58,191,859
Share holding post issue65,566,022

Jupiter Life Line Hospitals IPO Timetable (Tentative)

IPO Open DateWednesday, September 6, 2023
IPO Close DateFriday, September 8, 2023
Basis of AllotmentWednesday, September 13, 2023
Initiation of RefundsThursday, September 14, 2023
Credit of Shares to DematFriday, September 15, 2023
Listing DateMonday, September 18, 2023
Cut-off time for UPI mandate confirmation5 PM on September 8, 2023

Jupiter Life Line Hospitals IPO Financial Information

Period Ended31 Mar 202131 Mar 202231 Mar 2023
Profit After Tax-2.3051.1372.91
Net Worth246.44288.43363.91
Total Borrowing425.52495.25468.63

Key Performance Indicator

P/E (x)52.68
Market Cap (₹ Cr.)4819.1
EPS (Rs)13.95

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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