Jupiter Life Line Hospitals IPO: How To Check Allotment Status Online, GMP, Listing Date, Other Details

Jupiter Life Line Hospitals were commanding a premium of Rs 250 in the grey market on 12 September, according to ipowatch.in
Jupiter Life Line Hospitals IPO
Jupiter Life Line Hospitals IPO

Jupiter Life Line Hospitals is likely to finalise the basis of the allotment of its shares on Wednesday, 13 September. The initial public offering (IPO) of the healthcare provider has received a robust response from investors, particularly institutional investors, during the three-day bidding process.

The public issue of Jupiter Life Line Hospital opened for subscription on 6 September and 8 September. The company had fixed the price band in the range of Rs 695-735 per share with a lot size of 20 shares to raise around Rs 869 crore from its IPO.

Subscription Status

The IPO was overall subscribed 64.80 times. The portion for qualified institutional bidders (QIBs) was subscribed 181.89 times, the non-institutional investors’ category was subscribed 36 times, and the portion reserved for retail investors was subscribed 8 times during the three-day bidding process.

Grey Market Premium

Ahead of the Jupiter Hospital IPO allotment, the grey market has gone highly bullish on the Jupiter Hospital IPO. According to ipowatch.in, shares of Jupiter Life Line Hospitals were commanding a premium of Rs 250 in the grey market on 12 September, which is around 35 per cent higher than the upper price band of Rs 735.

Here’s How to Check Allotment Status:

Investors who had bid for the issue can check the allotment status on the Bombay Stock Exchange (BSE) website: https://www.bseindia.com/investors/appli_check.aspx

Select ‘Equity’ as the issue type and select the company name to proceed

Enter your application number and PAN card number

Check 'I am not a robot and hit submit

Investors can also check the allotment status on the online portal of Kfin Technologies Limited, the registrar of the issue.

Visit the official website: https://kosmic.kfintech.com/ipostatus

Select the company name

Enter the application number, demat account number, or PAN card number

Fill out the captcha accurately and hit submit

Key Dates

Bidders who could not get the allotment in the IPO may start getting refunds on Thursday, 14 September. Others will see the credit of shares in their respective demat accounts by Friday, 15 September. The listing of the IPO is likely to happen on Monday, 18 September.

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