Jupiter Life Line Hospitals IPO: How to check allotment status

Jupiter Life Line IPO allotment status: Multi-specialty hospital chain operator Jupiter Life Line Hospitals concluded an IPO last week with an overall subscription of almost 64 times the equity on offer. The Jupiter Life Line IPO, estimated to be worth Rs 869 crore, was a combination of fresh issuance and an offer for sale (OFS). While up to 50 per cent of the total issue was reserved for qualified institutional buyers (QIBs), 15 per cent was meant for non-institutional investors—also known as high net-worth individuals—and the remaining 35 per cent for retail investors.

Jupiter Life Line Hospitals shares are set to be listed on stock exchanges BSE and NSE tentatively on September 18. Thane-based Jupiter Life Line Hospitals is a multi-specialty tertiary and quaternary healthcare provider. The basis of the allotment of shares under the Jupiter Life Line Hospitals was finalized on September 13. Successful bidders will get the shares credited into their demat accounts on September 15, whereas other participants will have refunds initiated the previous day, September 14.

Here's a step-by-step guide on how Jupiter Life Line IPO participants can check the status of their applications:

There are two ways to check the status online: through the BSE website, and through the website of the registrar.

Here’s how to do it using the BSE website

Step 1: Log in on the BSE website. Here’s the direct link: bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'equity' under the 'issue type' drop-down menu.

Step 3: Select 'issue name'. Either the application number and the PAN in the respective sections to proceed.

Step 4: Submit the form.

The status of the Jupiter Life Line Hospitals IPO application will appear on the screen after the successful completion of these steps.

How to check the allotment status using the website of the registrar, Kfin Technologies

Step 1: Log in on the website using the following link: kprism.kfintech.com/ipostatus.

Step 2: Select the ‘Jupiter Life Line IPO’ option.

Step 3: Enter the PAN in the designated space.

Step 4: Click on 'search'.

The status of the application status will appear on the screen after the successful completion of these steps.

What does Jupiter Life Line Hospitals do?

The hospital chain operates in Thane, Pune and Indore under the Jupiter brand. As of December 2022, the company’s total bed capacity stood at 1,194.
Jupiter Hospitals, which has a strategic focus on the healthcare market in the western regions of the country, is in the process of developing a multi-specialty hospital in Dombivli, Maharashtra, which is being designed to accommodate more than 500 beds.

(With inputs from PTI)

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