Jupiter Life Line Hospitals Limited, founded in 2007, is a multi-specialty tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and western India.
As of March 31, 2023, Jupiter Life Line Hospitals has been operating as a corporate quaternary care healthcare service provider in western India and currently operates three hospitals under the “Jupiter” brand in Thane, Pune, and Indore, with a total operational bed capacity of 1194 beds and 1,306 doctors including specialists, physicians, and surgeons. The business is currently building a multi-specialty hospital in Dombivli, Maharashtra, with around 500 beds. Construction is set to begin in April 2023.
According to the CRISIL Report, the company’s Thane and Indore hospitals are among the few in western India to offer neuro-rehabilitation treatments via a specialized robotic and computer-assisted neuro-rehabilitation facility. It also operates one of Thane’s few multi-organ transplant centers. The National Accreditation Board for Hospitals & Healthcare Providers (NABH) has certified all Thane, Pune, and Indore hospitals, while the National Accreditation Board for Testing and Calibration Laboratories (NABL) has recognized all medical testing laboratories.
In Fiscal 2023, the company’s inpatient and outpatient income is distributed among hospitals, with Thane, Pune, and Indore hospitals accounting for 54.18%, 34.03%, and 11.79% of revenue from operations, respectively.
Jupiter Life Line Hospitals IPO Details
| IPO Date | Sep 6, 2023 to Sep 8, 2023 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | |
| Fresh Issue | [.] shares (aggregating up to Rs 542.00 Cr) |
| Offer for Sale | 4,450,000 shares of Rs 10 (aggregating up to Rs [.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 58,191,859 |
Jupiter Life Line Hospitals IPO Timetable
| IPO Open Date | Wednesday, 6 September 2023 |
| IPO Close Date | Friday, 8 September 2023 |
| Basis of Allotment | Wednesday, 13 September 2023 |
| Initiation of Refunds | Thursday, 14 September 2023 |
| Credit of Shares to Demat | Friday, 15 September 2023 |
| Listing Date | Monday, 18 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Sep 8, 2023 |
