Jupiter Lifeline Hospitals IPO is Live

Discover key details about Jupiter Lifeline Hospitals IPO - the opening and closing dates, price band, lot size, and more.      Swipe for more >>

About Jupiter IPO

Jupiter Lifeline, a premier healthcare provider in Mumbai's metropolitan area, serves Western India with three hospitals and 1,246 doctors as of December 2022.

IPO Details

IPO Open Date: 06thSep. 2023

IPO Closing Date: 08th Sep. 2023

Issue Size: Rs. 869.08 Crore

Price Band: Rs. 695– 735

Lot Size: 20 Shares in each lot

Allotment Date: 13th Sep. 2023

Listing Date: 18thSep.

Strengths of the IPO

· 15+ years leading multi-specialty healthcare provider · 'All-hub-no-spoke' model for quality care · Strong financial performance · Experienced management with a focus on ESG

Risks Involved

· Thane Hospital's revenue is pivotal · Stringent regulations require compliance · Cost absorption may harm finances · Cost-effective practices ensure affordable healthcare

IPO Objective

· Settle bank borrowings, including pre-payment · Allocate funds for general corporate needs