You can invest in Jupiter Life Line Hospital Limited starting today, September 6, 2023; after that, on Friday, September 8, 2023, investors can place bets on this issue. Investors will have to be prudent to bet on this issue. The price band for the Jupiter Lifeline IPO GMP has been fixed at Rs 695 to Rs 735 per share. If seen from the upper price band, the company aims to raise a target of Rs 869 crore through this IPO. At present, it has been said in the Jupiter Lifeline IPO GMP information by the company that the price band, lot size, and other details have been released. Let’s take a look at them.
Jupiter Lifeline IPO GMP
The lot size of Jupiter Lifeline has been fixed at 20 equity shares. Let us make it clear to you from the information regarding Jupiter Lifeline IPO GMP that the allotment of shares for Jupiter Lifeline is expected to be completed by September 13, 2023, and it is also being said that the bidders who will be selected by Jupiter Lifeline Shares will be allotted. Shares will be allotted in the demat account of such customers by September 15th, after which there is a strong possibility of listing this IPO on September 18th.
Let us make it clear to you that the shareholders to whom shares have been offered under this IPO include Anuradha Ramesh Modi. Nitin Thakkar, Bhaskar P. Shah, and Raghavan Sangeeta Rawat Hansmukh Rawat Rajeshwari Capital Market To get more information openly regarding Jupiter Lifeline IPO GMP, you will have to come with us till the end of this article.
Jupiter LifeLine IPO Day 1 Overview
| Article Title | Jupiter lifeline ipo GMP |
| Jupiter LifeLine Hospitals IPO open date | From 06 Sep 2023 |
| Betting date | On 08 Sep 2023 Friday |
| Listing PRICE | Across 900 Rs |
| Price band Rs. Per share | 695-735 Rs. Per share |
| Jupiter LifeLine Hospitals IPO issue size | 869.08 crore Rs. |
| Demat account shares credit date | 15 Sep 2023 |
Jupiter LifeLine Hospitals IPO Details
Jupiter Lifeline IPO is being listed from September 6 to September 8, 2023, for which the date of listing is yet to come. It is being informed that the face value of this script is believed to be Rs 10 per share. According to Jupiter LifeLine Hospitals IPO Details, 4,450,000 shares of Rs 10 each, for a total of Rs 327.08 crore, have been proposed for sale.
All these shares have been listed on the BSE and NSE. Significantly, the shareholding pre-issue and shareholding post-issue have been fixed at 58,191,859 and 65,566,022. The size of the Jupiter Lifeline IPO GMP has been fixed from Rs 695 to Rs 735 per share. According to the information received, the total issue size has been raised to 11,824,163 shares, i.e. 869.08 crore.
Jupiter LifeLine Hospital IPO Time Table (Expected)
| Category | IPO open date | Close date | Allotment date | Refunds Invitation date | Credit of shares to demat | Listing date | UPI mandate confirmation cut Off time |
| Dates | 06 Sep 2023 Wed | 08 Sep 2023 fri | 13 Sep 2023 wed | 14 Sep 2023 thurs | 15 Sep 2023, fri | 18 Sep 2023, mon | 08 Sep 2023 at 5 pm |
How to apply for Jupiter LifeLine Hospitals Limited IPO
- For Jupiter LifeLine Hospitals Limited’s IPO, investors have to apply through their existing trading accounts, or they can directly login to the ASBA application through their internet banking accounts.
- Keep in mind that you have to pay the required amount only at the time of application.
- And whatever amount is required will be debited only on allotment.
- You can apply here for Jupiter Lifeline IPO GMP for investor retail quotation up to Rs 2 lakh per application and HNI or NNI quotation above Rs 2 lakh,
- and the information about the minimum lot size will be clear after pricing.
Jupiter LifeLine Hospitals Limited Financial Highlights
| Details | Nival Revenue | Sale increasement | Benefit after tax | Pet Margin | Total Equity | Total Assets | Return on Equity | Return on Asset | Asset turnover Ratio |
| FY 21 | 490.27 | -2.30 | -0.47 | 246.44 | 788.91 | -0.93% | -0.29 | 0.62 | |
| FY 22 | 737.14 | 50.35% | 51.13 | 6.94% | 288.43 | 908.70 | 17.73% | 5.63% | 0.81 |
| FY 23 | 902.96 | 22.50% | 72.91 | 8.07% | 363.91 | 985.53 | 20.04% | 7.40% | 0.92 |
Jupiter Hospital IPO
Jupiter Hospital IPO has become a well-known brand of multi-specialty tertiary and quaternary health care based in the Mumbai Metropolitan Area and western region of the country, with its hospitals in Thane, Pune, and Indore under the name of Jupiter.
If we talk about the financial health of Jupiter Hospital, then it comes to the fore that in the financial year 2021, it had a net loss of Rs 2.30 crore, as per the above table. But in the very next financial year, i.e In the year 2022, it also made a net profit of Rs 51.13 crore, and in the same year, i.e In the current financial year 2023, its profit increased to around Rs 72.91 crore.
Under the Jupiter Lifeline IPO GMP, half of the issue is held by qualified institutional buyers, 15% is reserved for non-institutional investors, and the remaining 35% is reserved for retail investors. However, it is being informed that it will be listed on the NSE and BSE on September 18.
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FAQs Related Jupiter Lifeline IPO GMP
From how much does the gray market premium of Jupiter Life Line Hospital open?
The gray market premium for Jupiter LifeLine Hospital opened at around ₹ 200. And since then, it has come down to Rs. 218 per share.
Up to how much rupees can the listing of Jupiter Lifeline Hospital IPO be?
The listing of Jupiter Lifeline Hospitals IPO has crossed ₹900.
When will investors be able to place bets on the IPO issue of Jupiter Lifeline Hospital Limited?
Applicants will be able to place bets on the IPO issue of Jupiter LifeLine Hospital Limited until September 8.