Jupiter Life Line Hospitals Limited IPO Message Board (Page 29)

Dear experts,
Please share your view on USK hold or sell?

Pls suggest for USK hold or sell ?

My personal view 48 to 50 sell kar Dena chahiye.2 lots hold

RR KABEL files RHP ( Officially Confirmed )

FV : Rs.5
Fresh issue - 180 cr
OFS - 17236808 shares

Date : 13-15 Sept

Retail : 35%

​@Palka Very good issue on 1st sight
But surely better than Samhi

Very famous company in the field of wires.

Such Expensive valuation ! In P/E parameter it is priced richly even in camparison to prevailing price of Iconic hospitals Like Medanta ( Glo. Health ) , Max , Narayana , Fortis etc.
Remember Global Health was offered at Rs. 336 , now trading at 700 + . This is offered at Expansive valuation even to present price of Global Health.

For those who believes only in Numbers :
Valuation

In FY2023, consolidated sales were up by 21.75% to Rs 892.54 crore as compared to FY2022. OPM increased by 164 bps to 22.56%, which led to a 31.26% increase in operating profit to Rs 201.32 crore. Other income increased 159.14% to Rs 10.42 crore, while interest cost fell 3.79% to Rs 42.27 crore and depreciation increased 6.63% to Rs 38.56 crore. PBT after EO increased 66.91% to Rs 128.71 crore. Tax expenses for FY2023 were Rs 55.80 crore as compared to tax expense of Rs 25.99 crore in FY2022. Net profit increased 42.61% to Rs 72.91 crore.

FY2023 EPS (excluding extraordinary items and relevant tax) on post-issue equity works out to Rs 11.31. At the upper price band of Rs 735, P/E works out to 65.

As of 4 September 2023, its listed peers such as Global Health traded at TTM P/E of 57.61, Max Healthcare Institute at TTM P/E of 50.61, Narayana Hrudayalaya at TTM P/E of 34.64, and Fortis Healthcare trades at TTM P/E of 46.61. For FY2023, Jupiter Life Line Hospitals’ OPM and ROE stood at 22.56% and 20.03%, respectively, as compared to 22.72% and 10.57% for Global Health, 27.19% and 14.89% for Max Healthcare Institute, 21.35% and 28.44% for Narayana Hrudayalaya, and 17.49% and 8.12% for Fortis Healthcare, respectively.

APPLY ONLY IF YOU BELIEVE IN MIRACLES.

Yes, the whole rationale behind applying for this is that going forward debt will decrease, and EPS would improve considerably.

I have 2 questions for anyone who can answer, i researched but couldn't find answers to these

1) one of their strenth( as per them and other reviewers) is that they have owned real estate( not on lease), as far as i know, hospitals, schools( essential services) get land at highly discounted rates from govt, why then buy expensive land

2) they are expanding, in 2years they will start a hospital( dombivali i think), from where they will get the money for that

In general, lower the population density, lower the land prices.
Location & accessibility play an important factor in hospitals. Considering the business growth, it makes sense to have the hospital located somewhere which is accessible and also at the same time away from the competition.

Read somewhere that they plan to use profits to fund the new hospital.

Good Anchor list, so... I attract. Valuation Reasonable as per Anil sir. How? Please explain experts.
Anchors are amazing.

256-261

Aaya aaya josh aaya

@newgen consultancy
What is ur call in newzen

Will say tomorrow

Hi @newgen consultancy ,

your view on this IPO?

Ye to gayo.
Latest bhav 205-10

Well, its good premium compare to all parameters (IPO sizing, allotment chances, tentative subscription etc..).

Something is always better than nothing. Hoping premium stays around that!

New rate

Out of topic. What to do with USK.hold or sell.

Hospitals play an important role in health care industry. Analyzing hospital business simply based on past financials and forecast with extrapolation and peer comparison won't offer a quick satisfactory answer whether to invest or not at this stage. Let us look at it quite differently. Some businesses need to be seen more wholistically and beyond realm of number crunching.

India is most populous country with over 69% under 30 years age reaping the best demographic dividend. What will happen to these as they age? Would there be increased needs of health care facilities? As a country develops, more and more health insurance products kick in and so do hospitals to address health issues. The age-old single doctor small clinic will eventually disappear. Demand for hospital will only increase with increasing ageing population. Most small nursing homes that function either will close, corporatize with IPO later, or will be bought over by the biggies.

Hospital budget and pricing will decide patient segmentation. However, let us understand many times in emergency cases, no one decides based on price as much as the immediate attention from a specialized hospital in the field. Drugs & pharma companies' profitability is often restricted & in stress due to DPCA from the government. They also have to supply substantial quantum lower prices to government hospitals, defense etc. Hospitals as of now do not have such controls and derive reasonable pricing power. All in all, look at bigger scenario,

Large population
Health Insurance products enabling treatment in hospitals.
Evolving picture of health industry. (Also includes cosmetic surgeries, wellness etc. as new trends)

Numbers did not impress in IPOs of Rainbow Children, Global Medanta, Yatarth, Narayana Hrudalaya ... One year after listing, one can see the growth in these stocks, and this is just the beginning of hospital boom. All those who believe in bigger picture with long term vision of ten years and not just for listing must apply regardless of listing price.

Only caution one needs to exercise in this journey is any unforeseen misgovernance...

Happy Investing!

Love your review. Am holding medanta free shares after taking out capital in ipo allotment. 2x in a year is great in any venture. Will take this too in same way. Gems sometimes go unnoticed and we must be happy to pick them up. Glad to find someone with same ideology.

QIB just .2 times.

looks like QIB stock share will be dump on Retail or HNI or both

.

Jupiter Life apply karen or EMS? Funds are limited. Experts, please guide

​@Palka  something is better than nothing.

EMS allotment is going to be very tough. Will be a block unblock game for most with a 300 cr issue size. Jupiter is expected to give atleast reasonable listing gains with very high allotment chances. People complain of low subscription on day 2 and are taken aback after the day 3 subscription. It has a decent subscription for day 2. And you can use this IPO funds for RR kabel also which again is a positive. Splitting ur funds 70-30 in favour of Jupiter is also an option if u still wanna give EMS a shot. So take a call based on your risk appetite !!

Jodhpur beawar Chennai Raipur
GMP
₹215/= ₹220/=

Jodhpur beawar Chennai
GMP CONFIRM✅ SHAUDA
₹222/= ₹225/=
HNI
SUBJECT TO
₹47000/= ₹49000/=
KhelaHobe⚽?

Robin Hood ओं टुट पड़ो आंधी और तुफान की तरह जो होगा देखा जाएगा। इसपार या उसपार!

Hi

any one has received any allotment if he has apply from ICICI bank in IPO through the ASBA facility.......

Received
Yesterday Rishabh also alloted i

None so far
but I apply in highly subscribed issues only.
I am expecting in this one

Please suggest me new Demat account for minor & huf accounts.

I am having prostocks for minor & zerodha for huf. you may have both in prostocks.

better to apply in shni 200000 application or bhni application 1000000rs
as compare to retail

BHNI

Considering rishabh ipo's low subscription(so many getting allotment and listing on monday, so blocked money) ,jupiters low gmp/high valuations, and ems high gmp, i expect to have retail max 5x. Would rather be a liberal allotment here.

​@RokdaMaker 
how it comes to use funds block in ratnaveer be use in ems as on 12th fund unblock and it unblock after evening if not alloted and 12th is last date of ems ipo

​@natrajan ayyapa Basis of allotment for ratnaveer is 11th and last date for EMS is 12th.

So funds will be available in the morning of 12th sep.
Thanks

This will dissapoint in terms of listing gain..Dont expect more than 10%..100-125 max gain will be there..prefer EMS and other SME ipos.

​@Palka Compared to EMS, in my opinion Jupiter will have better chances. It clashed with Ratnaveer and Basilic. Size is big.
For EMS, the money unblocked from Basilic will be available, that will have some impact on subscription.

forgot, even Ratnaveer's money will be available for EMS.

Yatharth Hospital garnered total subscription of about Rs.18000 cr worth of shares with support from all categories. Despite pre open low of 304 against Issue price of 300, it is now trading around 370 with a gain of 20%.
Will Jupiter Hospital give better returns?

I don't think it will reach the Yathatth hospital subscription figures.

Skipping Jupiter Hospital, will apply apply EMS FF.

In SHNI i am applying for ₹205,800 minimum lot. Will my allotment chance increase if I had applied for 3L-4L ?

no