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.
Jupiter Life Line Hospitals IPO: Promoters currently hold 49.79 percent shareholding in Jupiter Hospital and the rest is held by public shareholders including JM Financial and Persepolis Investment Company.
The firm in May filed its draft papers with SEBI to raise funds via IPO. The IPO comprises a fresh issue of Rs 615 crore and an offer for sale (OFS) of up to 4.45 million shares by its existing shareholders and promoters.