Jupiter Lifeline Hospitals IPO: Many records are being made in the stock market these days. Nifty and Sensex are continuously on the rise. IPOs are also being listed every day and investors are also getting good returns. Now one such IPO has been listed, whose name is Jupiter Lifeline Hospital Limited.

On Monday, shares of Jupiter Lifeline Hospital were listed on NSE at Rs 973, while on BSE it was listed at Rs 960 per share. However, the issue price of this IPO was Rs 735 per share. As soon as Jupiter Lifeline Hospital IPO was listed, investors got a premium of 32.38 percent.

Jupiter Lifeline Hospital IPO opened on Wednesday, 6 September and closed on Friday, 8 September. This IPO was subscribed 63.72 times during three days. The IPO was subscribed 87 percent on the first day itself. Subscribed three times the second day. Its price band was fixed at Rs 695-735 per share.

Jupiter IPO details

Jupiter Lifeline Hospital IPO has issued 73.74 lakh shares worth Rs 542 crore in fresh issue. Whereas 44.5 lakh shares have been placed through OFS. Its total issue size is Rs 869.08 crore. It has raised Rs 261 crore from anchor investors.

Jupiter IPO GMP

Jupiter Hospital IPO was trading at a premium of more than Rs 233 during three sessions in the gray market. Even on Monday, shares of Jupiter Hospital were trading at Rs 233 plus on the gray market. Considering the ceiling of the IPO price band and the prevailing premium in the gray market, the estimated listing price of Jupiter Lifeline Hospitals shares was Rs 968 per share, which is 31.7 per cent higher than the IPO price of Rs 735.