Open Date
06 Sep 2023
08 Sep 2023
20 shares
Rs. 869.08 Cr
Lot Size
IPO Size
Listing At
BSE, NSE
Listing Date
Price Range
₹695 to ₹735
Close Date
Allotment Date
13 Sept 2023
18 Sept 2023
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. Jupiter Life Line Hospitals has been operating in the western regions of India as a corporate quaternary care healthcare service provider 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 company intends to utilize the net proceeds from the issue towards the funding of the following objects: Repayment/pre-payment, in full or part, of borrowings availed from banks by the company and Material Subsidiary General corporate purposes.
The book-running lead managers to the offer are: ICICI Securities Ltd Nuvama Wealth Management Ltd Jm Financial Limited