Jupiter Life Line Hospitals Ltd. IPO

Jupiter Lifelines Hospital Limited is a leading multi-specialty tertiary and quaternary healthcare provider in the Mumbai Metropolitan Area (MMR) and western region of India. The company has been operating for over 15 years and currently operates three hospitals under the “Jupiter” brand in Thane, Pune, and Indore. Jupiter Lifelines Hospital Limited has a total bed capacity of 1,194 beds and a team of over 1,300 doctors. The company is committed to providing the best possible healthcare to its patients and follows a "patient first" ideology.

RHP
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DRHP
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Open Date

2023-09-06

Close Date

2023-09-08

Company Financials

You can get the following financial statements of Jupiter Life Line Hospitals Ltd. as of now.

Subscription Details

The details about the Jupiter Life Line Hospitals IPO is as:

  • The issue size of the IPO is 869 Cr.
  • The price band for Jupiter Life Line Hospitals IPO is Rs 695 to Rs 735.
  • The shares of Jupiter Life Line Hospitals IPO will list on 18th September 2023.
  • The latest tentative GMP of Jupiter Life Line Hospitals IPO is Rs 280.
  • The shares of Jupiter Life Line Hospitals IPO is subscribed 64.80 Times as of 8th September 2023. 

 

Jupiter Life Line Hospitals IPO Valuation

The approx valuation of Jupiter Life Line Hospitals IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 735
Existing Shares (Qty) 5.81 Cr
Fresh Issue 542 Cr
Market Cap 4812.35 Cr
EPS (FY23) Rs 13.95
PE Ratio 52.68x
Industry PE 50.47x

 

Jupiter Life Line Hospitals IPO Issue Size

Jupiter Life Line Hospitals IPO issue size is 869 Cr. 

Issue Amount
Fresh Issue 542 Cr
Offer For Sale 327 Cr

 

Jupiter Life Line Hospitals IPO Market Lot

An Individual can apply for a minimum 1 lot of 20 shares and a maximum of 13 lots of 260 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 20 Rs 14,700
 Maximum 13 _ Rs 1,91,100

 

Jupiter Life Line Hospitals IPO share offer

The shares of Jupiter Life Line Hospitals IPO is subscribed 64.80 Times as of 8th September 2023.  The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 181.89 Times 
Non-Institutional Minimum 15% 36.00 Times
Retail Individual Minimum 35% 8.00 Times
Total   64.80 Times

 

Allotment Details

Find below the dates for Jupiter Life Line Hospitals IPO:

Schedule Date
Basis of Allotment 13 September 2023
Refunds 14 September 2023
Credit to Demat Account 15 September 2023
IPO Listing Date 18 September 2023

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 398.5 462.95 461.1 657.28 787.32
Total Expenditure 333.73 381.56 393.58 498.43 583.29
Operating Profit 64.77 81.39 67.51 158.85 204.03
Other Income 2.54 3.1 5.59 3.75 13.3
Interest 23.69 25.69 28.17 29.23 27.71
Depreciation 23.87 25.91 27.38 27.66 28.61
Exceptional Items 0 0 0 0 -2.13
Profit Before Tax 19.75 32.89 17.55 105.71 158.88
Provision for Tax 1.61 3.26 0.96 21.04 51.67
Net Profit 18.14 29.63 16.59 84.67 107.21
Adjusted EPS (Rs.) 0.36 0.58 0.33 1.66 1.9

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 50.87 50.87 50.87 50.87 56.52
Total Reserves 162.38 185.88 202.47 278.01 408.51
Borrowings 234.06 243.51 258.15 297.88 294.69
Other N/C liabilities 16.92 19.68 22.56 24.7 25
Current liabilities 72.33 93.63 81.12 103.3 100.62
Total Liabilities 536.55 593.55 615.17 754.75 885.34
Assets
Net Block 430.87 434.56 426.42 464.58 476.47
Capital WIP 11.51 10.5 13.33 13.86 16.24
Intangible WIP 0 0 0 0 0
Investments 1.74 2.33 58.03 68.13 94.04
Loans & Advances 0 0 8.33 29.07 85.37
Other N/C Assets 0 0 0 2.78 16.37
Current Assets 92.44 146.17 109.06 176.32 196.84
Total Assets 536.55 593.55 615.17 754.75 885.34
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023
Other Income 6.79 6.17 7.92
Profit Before Tax 40.61 48.04 56.16
Tax 10.17 11.91 13.93
Profit After Tax 30.44 36.13 42.24
Adjusted EPS (Rs) 5.39 5.51 6.44

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 40.91 0
Dec 2023 40.91 0
Sep 2023 40.91 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 19.75 32.89 17.55 105.71 158.88
Adjustment 45.45 65.8 54.41 53.95 47.62
Changes in Assets & Liabilities -5.43 -8.97 50.98 -8.69 -3.74
Tax Paid -14.22 -15.12 -9.79 -8.62 -19.8
Operating Cash Flow 45.55 74.6 113.15 142.35 182.95
Investing Cash Flow -58.3 -43.39 -78.22 -68.92 -58.7
Financing Cash Flow 16.18 -32.14 -23.43 10.28 -93.1
Net Cash Flow 3.44 -0.93 11.5 83.7 31.15
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