Jupiter Life Line
Jupiter LifeLine Hospitals IPO The IPO of Jupiter LifeLine Hospitals will be open till 8 September. This price band has been fixed from Rs 695 to Rs 735 per share. The size of this public issue is Rs 869.08 crore. This includes fresh issues of Rs 542 crore. Its lot size is 20 shares. Jupiter LifeLine Hospitals operates a hospital chain in the MMR region.
Jupiter LifeLine Hospitals IPO: The IPO of hospital chain running company Jupiter LifeLine Hospitals Limited opened for general investors on Wednesday (September 6). Investors can bid in this IPO till 8 September. The price band of this IPO has been fixed from Rs 695 to Rs 735 per share.
What is the size of IPI?
The public issue size of Jupiter Life Line Hospitals Limited is Rs 869.08 crore. Of this, there is a fresh issue of Rs 542 crore, while there is an OFS of 44.5 lakh equity shares.
The lot size in the Jupiter LifeLine Hospitals IPO has been set at 20 shares and retail investors will have to invest a minimum of Rs 14,700 to place a bid. Before the IPO opens to the public, Jupiter LifeLine Hospitals has raised Rs 261 crore from anchor investors.
When will the share be listed in the stock market?
Share allotment in Jupiter LifeLine Hospitals IPO can happen on 13th September and those who will not get share allotment. Their refund will come back by September 14. At the same time, by September 15, the shares will come into the demat account of the people who have got the allotment. The listing of the shares can happen on September 18 on NSE and BSE.
Jupiter Life Line Hospitals Business
Jupiter Life Line Hospitals operates three hospitals (as on March 31, 2023) with 1,194 beds in the Mumbai Metropolitan Area (MMR) and western India. The company is also building a 500-bed hospital in Dombivli, Maharashtra, and its construction has also started in April 2023.
