JUPITER LIFE LINE HOSPITALS LIMITED

JUPITER LIFE LINE LIMITED - IPO DETAILS 

Company Overview 

Established in 2007, Jupiter Life Line Hospitals Limited has positioned itself as a leading healthcare institution specializing in a wide range of tertiary and quaternary medical services within the Mumbai Metropolitan Area (MMR) and the western region of India. 

Jupiter Life Line Hospitals has a distinguished history of serving as a prominent corporate provider of quaternary care healthcare services in the western regions of India. At present, the organization manages and oversees three hospitals bearing the renowned "Jupiter" brand, strategically situated in Thane, Pune, and Indore. These hospitals collectively offer an impressive operational bed capacity of 1194 beds, and the medical team comprises a total of 1,306 doctors, encompassing specialists, physicians, and surgeons. This information is current as of March 31, 2023. In line with its commitment to expanding healthcare accessibility, the company is actively engaged in the development of a cutting-edge multi-specialty hospital situated in Dombivli, Maharashtra. This state-of-the-art facility has been meticulously designed to accommodate more than 500 beds, representing a significant enhancement in the region's healthcare infrastructure. 

The Thane and Indore hospitals of the company are notable in the western region of India for offering specialized neuro-rehabilitation services through a dedicated center that utilizes robotics and computer-assisted techniques. Furthermore, the company runs one of the rare multi-organ transplant centers in Thane. Additionally, all the hospitals located in Thane, Pune, and Indore have received certification from the National Accreditation Board for Hospitals & Healthcare Providers (NABH) and have been accredited for medical testing by the National Accreditation Board for Testing and Calibration Laboratories (NABL).  

Objective of the IPO 

Here are a few quick reasons why Jupiter Life Line Hospitals Limited going public:  

1. The company and its Material Subsidiary have the option to fully or partially repay borrowings obtained from banks. 

2. Allocating funds for overarching corporate needs and objectives. 

Company Financials 

Key Performance Indicator 

Pros 

1. The company operates advanced, highly specialized hospitals strategically located in densely populated micro-markets within the western region of India, providing limited access to such specialized healthcare facilities. 

2. Each of the company's three hospitals follows a comprehensive 'all-hub-no-spoke' model, where each hospital functions independently and is fully equipped to cater to all aspects of patient healthcare, ranging from diagnostics and surgery to rehabilitation.  

3. The company's management, including its founder, possesses substantial experience in the field, contributing to the company's ability to maintain high levels of operational and administrative efficiency. 

Cons 

1. The company operates within a heavily regulated industry, where any alterations in regulations or failure to adhere to them can have detrimental effects on its business operations.  

2. The company incurs significant expenses related to medical equipment, manpower, infrastructure maintenance, repair, ancillary items, and pharmaceuticals. Inability to secure these resources at reasonable costs can have a direct impact on its profitability. 

3. The company is currently facing certain public interest litigations concerning the land where Thane Hospital is located. Unfavorable outcomes in these legal proceedings could have adverse implications for the company's business. 

How to Apply for this IPO 

1. Go to https://ipo.adityatrading.in/ 

2. Enter your Client ID 

3. Enter the OTP received in your registered mobile number. 

4. Choose the IPO and click on apply button. 

5. Enter the UPI ID, Quantity, and Cut off the price. 

6. Click on submit button 

7. Confirm the mandate request received on your phone by entering the UPI Pin. 

You can also watch our youtube video on “How to Apply on IPO” by clicking on the link “https://www.youtube.com/watch?v=1qOI8dCpl1I&ab_channel=ATS”