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

Jupiter Life Line Hospitals Ltd. IPO Details

Check out the issue details for Jupiter Life Line Hospitals Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 735

Price Band

₹ 695 - 735

Issue Size

869 Cr.

Issue Type

Book Built

Open

2023-09-06

Close

2023-09-08

Listingprice

₹ 973

ListingGain

32.38%

Listing Date

2023-09-18

CMP

₹ 1520.95

Current Return

106.93%

Jupiter Life Line Hospitals Ltd. News

Jupiter Life Line - Quaterly Results8 Nov, 4:25PM Jupiter Life Line - Quaterly Results8 Nov, 4:25PM Jupiter Life Line - Quaterly Results9 Aug, 4:16PM Jupiter Life Line - Quaterly Results9 Aug, 4:16PM Jupiter Life Line - Quaterly Results9 Aug, 4:16PM Jupiter Life Line Hospitals informs about earnings call transcript17 May, 1:18PM Jupiter Life Line Hospitals informs about audio link of conference call13 May, 5:34PM Jupiter Life Line Hospitals gets nod for addition of beds in existing Indore Hospital, Pune Hospital11 May, 11:58AM Jupiter Life Line - Quaterly Results10 May, 5:28PM Jupiter Life Line - Quaterly Results10 May, 5:28PM Jupiter Life Line - Quaterly Results10 May, 5:28PM Jupiter Life Line acquires land in Pune23 Feb, 10:13AM Jupiter Life Line - Quaterly Results9 Feb, 5:00PM Jupiter Life Line - Quaterly Results9 Feb, 5:00PM Jupiter Life Line - Quaterly Results9 Feb, 5:00PM Jupiter Life Line Hospitals submits analyst meet intimation20 Jan, 3:12PM Jupiter Life Line - Quaterly Results10 Nov, 4:38PM Jupiter Life Line - Quaterly Results10 Nov, 4:38PM Jupiter Life Line - Quaterly Results6 Oct, 4:45PM Jupiter Life Line - Quaterly Results6 Oct, 4:45PM

Company Financials

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

Exchange

NSE: JLHL BSE: 543980

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

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

 

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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 462.95 461.1 657.28 787.32 910.63
Total Expenditure 381.56 393.58 498.43 583.29 687.26
Operating Profit 81.39 67.51 158.85 204.03 223.37
Other Income 3.1 5.59 3.75 13.3 29.63
Interest 25.69 28.17 29.23 27.71 18.66
Depreciation 25.91 27.38 27.66 28.61 30.52
Exceptional Items 0 0 0 -2.13 0
Profit Before Tax 32.89 17.55 105.71 158.88 203.82
Provision for Tax 3.26 0.96 21.04 51.67 51.87
Net Profit 29.63 16.59 84.67 107.21 153.26
Adjusted EPS (Rs.) 0.58 0.33 1.66 1.9 2.32

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 50.87 50.87 50.87 56.52 65.57
Total Reserves 185.88 202.47 278.01 408.51 1179.69
Borrowings 243.51 258.15 297.88 294.69 0
Other N/C liabilities 19.68 22.56 24.7 25 27.04
Current liabilities 93.63 81.12 103.3 100.62 88.3
Total Liabilities 593.55 615.17 754.75 885.34 1360.6
Assets
Net Block 434.56 426.42 464.58 476.47 477.32
Capital WIP 10.5 13.33 13.86 16.24 61.1
Intangible WIP 0 0 0 0 0
Investments 2.33 58.03 68.13 94.04 94.03
Loans & Advances 0 8.33 29.07 85.37 326.97
Other N/C Assets 0 0 2.78 16.37 17.45
Current Assets 146.17 109.06 176.32 196.84 383.72
Total Assets 593.55 615.17 754.75 885.34 1360.6
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 6.17 7.92 8.74 8.24 9.26
Profit Before Tax 48.04 56.16 59.01 54.99 67.29
Tax 11.91 13.93 15.87 14.34 17
Profit After Tax 36.13 42.24 43.15 40.65 50.3
Adjusted EPS (Rs) 5.51 6.44 6.58 6.2 7.67

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 40.91 0
Jun 2024 40.91 0
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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 32.89 17.55 105.71 158.88 203.82
Adjustment 65.8 54.41 53.95 48.65 26.28
Changes in Assets & Liabilities -8.97 50.98 -8.69 9.8 -70.62
Tax Paid -15.12 -9.79 -8.62 -33.3 -49.68
Operating Cash Flow 74.6 113.15 142.35 184.03 109.79
Investing Cash Flow -43.39 -78.22 -68.92 -129.66 -256.48
Financing Cash Flow -32.14 -23.43 10.28 -23.23 310.58
Net Cash Flow -0.93 11.5 83.7 31.15 163.89
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