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Jupiter Life Line Hospitals IPO

Hospitals / Multi-Speciality Healthcare - Listed on 18 September 2023

+32.4% listing gain
Issue Price (Upper)
Rs 735
Listing Price
Rs 973
Closing Price (NSE)
Rs 1,075.8
Total Subscription
63.72x

Jupiter Life Line Hospitals IPO listing summary

Jupiter Life Line Hospitals (Hospitals / Multi-Speciality Healthcare) closed its IPO window in 2023 and listed on NSE and BSE on 18 September 2023 at an upper band issue price of Rs 735, opening at Rs 973 for a listing gain of +32.4% and closing day one at Rs 1075.8 (+46.4% on closing basis). The IPO was subscribed 63.72x overall - QIB 187.32x, HNI/NII 34.75x, Retail 7.73x. The total issue size was Rs 869.08 Cr (Fresh Issue Rs 542 Cr, OFS Rs 327.08 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+32.38%
Listing Gain (Close)
+46.37%
Day Change After Listing
+13.99%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB187.32x
HNI / NII34.75x
Retail7.73x
Overall63.72x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.88x
Day 23.30x
Day 3 (Final)63.72x

Jupiter Life Line Hospitals IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 80+10.88%
Day 2Rs 200+27.21%
Day 3Rs 215+29.25%
Day 4Rs 220+29.93%
Day 5Rs 270+36.73%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
10.9%-36.7%
IPOGyani AI Prediction
-
Actual Listing Gain
+32.4%

Issue & financials

Issue SizeRs 869.08 Cr
Fresh IssueRs 542 Cr
OFSRs 327.08 Cr
IPO PE56.76
Peer / Sector PE46.00
PE vs Sector Ratio1.23
Latest EBITDA (Cr)23.45
Debt / Equity1.29

Market context at listing

How the broader market moved around the Jupiter Life Line Hospitals IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-2.23%
Nifty 1W Return-1.79%
Nifty 1M Return+1.78%
Nifty during IPO window+0.67%

Jupiter Life Line Hospitals IPO - FAQs

What was the listing gain of Jupiter Life Line Hospitals IPO?

Jupiter Life Line Hospitals IPO listed at +32.4% versus the upper issue price of Rs 735 on 18 September 2023.

How many times was Jupiter Life Line Hospitals IPO subscribed?

Jupiter Life Line Hospitals IPO was subscribed 63.72x overall. QIB portion was subscribed 187.32x, HNI / NII 34.75x and Retail 7.73x.

What was the IPO GMP for Jupiter Life Line Hospitals?

IPO GMP started at Rs 80 on Day 1 and moved to Rs 270 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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