Shares of Jupiter Life Line Hospitals debuted at a premium of 32.4% on NSE and 30.6% premium on BSE. Jupiter Life Line Hospitals was subscribed 63.72 times overall, with QIB category subscribed 187 times. The company aims to be debt-free post the IPO. The proceeds from the issue will be utilized to the extent of Rs 464 crore for repayment of debt.
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.