Jupiter Life Line Hospitals Limited IPO

Established in 2007, Jupiter Life Line Hospitals Limited is a prominent multi-specialty tertiary and quaternary healthcare provider serving the Mumbai Metropolitan Area (MMR) and the western region of India.

Jupiter Life Line Hospitals has established itself as a corporate provider of top-tier quaternary care healthcare services in western India. Currently, it operates three hospitals under the “Jupiter” brand located in Thane, Pune, and Indore. These hospitals collectively offer an impressive total operational bed capacity of 1,194 beds. Furthermore, the hospital group employs a dedicated team of 1,306 medical professionals, including specialists, physicians, and surgeons, as of March 31, 2023. In line with its expansion plans, the company is actively working on the development of a new multi-specialty hospital in Dombivli, Maharashtra, designed to accommodate over 500 beds. Construction for this project commenced in April 2023.

Distinguishing itself in the healthcare sector, Jupiter Life Line Hospitals has earned recognition for its cutting-edge services. Notably, its Thane and Indore hospitals are among the select few in western India to offer neuro-rehabilitation services through a specialized robotic and computer-assisted neuro-rehabilitation center. Additionally, Jupiter operates one of the region’s rare multi-organ transplant centers in Thane. Furthermore, all of its hospitals in Thane, Pune, and Indore hold certifications 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).

In terms of revenue distribution, the company enjoys a diversified income stream across its hospital network. As of Fiscal 2023, the Thane, Pune, and Indore hospitals contribute 54.18%, 34.03%, and 11.79%, respectively, to the overall revenue from operations.