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Jupiter Life Line Hospitals shares were available at more than 30 percent premium in the grey market, an unofficial platform wherein IPO shares can be bought and sold till the listing, analysts said on anonymity.
The proceeds from the issue will be used to repay ₹510 crore debt. Last month, the company raised ₹123 crore in its pre-IPO placement at the same level as the upper price band. The promoter family is not selling its shares in the issue.