Jupiter Hospital IPO listing date today. GMP, experts predict 'positive' debut of shares
Jupiter Hospital IPO: Listing date of the initial public offering of Jupiter Life Line Hospitals Limited has been fixed on 18th September 2023 i.e. today. As per the BSE notice, effective from Monday, September 18, 2023, the equity shares of Jupiter Life Line Hospitals Limited shall be listed and admitted to dealings on the NSE and BSE in the list of 'B' group of securities.
According to stock market experts, Jupiter Hospital share price may open on BSE and NSE above its upper price band of ₹735 per equity share. They said that in bears' case, Jupiter Hospital IPO listing price could be around ₹950 per share whereas in bulls' case, it may have a four digit listing on Indian stock market bourses. Meanwhile, ahead of Jupiter Hospital IPO listing, grey market is also dropping hint that shares may have a positive debut.
However, it doesn't see four digit listing as shares of Jupiter Hospitals are available at a premium of ₹233 in grey market today. Speaking on Jupiter Hospital IPO listing, Arun Kejriwal, Founder at Kejriwal Research & Investment Services said, “Jupiter Hospital shares may have a positive listing as on of its recent peers Yatharth Hospital too had a positive listing. Comparing the fundamentals of Jupiter Hospital with Yatharth Hospital, Jupiter Hospital IPO looks priced at higher valuations and hence I am expecting positive but not a robust listing as we witnessed in the case of ideaForge, Mankind Pharma, Divgi torq Transfer, etc.
Read more on livemint.com
