Jupiter Life Line Hospitals IPO Day 3: Issue subscribed over 60 times so far; retail portion fully booked

livemint.com:

IPO Subscription Status: Jupiter Lifeline Hospital IPO was subscribed 63.49 times on day 3 so far. Jupiter Lifeline Hospital IPO opened for subscription on Wednesday, September 6, and will close today (Friday, September 8). Jupiter Lifeline Hospital IPO received overwhelming response from non-institutional investors (NIIS) and Qualified institutional buyers (QIBs) on day 3.

Retail investors' portion saw decent response. Jupiter Lifeline Hospital IPO's retail investors portion was subscribed 7.33 times, NII portion was subscribed 34.59 times, and QIBs portion was subscribed 187.32 times. Jupiter Lifeline Hospital IPO has received bids for 53,96,14,900 shares against 84,97,169 shares on offer, at 15:48 IST, according to data from the BSE.

Jupiter Lifeline Hospital IPO retail investors' portion received bids for 3,15,07,920 shares against 42,87,002 shares on offer for this segment. Jupiter Lifeline Hospital IPO's non-institutional investors' portion received bids for 6,36,13,560 shares against 18,37,287 on offer for this segment. Jupiter Lifeline Hospital IPO's QIBs portion received bids for 44,44,93,420 shares against 23,72,880 on offer for this segment.

Jupiter Lifeline Hospital IPO was subscribed 87% on day 1, and the issue was subscribed 3.30 times on day 2. Jupiter Lifeline Hospitals IPO is made up of fresh issue of 73.74 lakh shares that totals to ₹542 crore and offer for sale (OFS) portion consists of 44.5 lakh shares of ₹10, which aggregates to ₹869.08 crore sold by promoter selling shareholder Devang Vasantlal Gandhi, and Neeta Gandhi. Jupiter Lifeline Hospitals IPO total issue size is ₹869.08 crores.