DEAL DETAILS
Jupiter Life Line Hospitals Limited | Initial Public Offering
Khaitan & Co acted as legal counsel to Jupiter Life Line Hospitals Limited (the Issuer) as to Indian law in relation to the initial offering of equity shares by the Issuer Company, in compliance with requirements of Rule 144A of the US Securities Act. The offering includes a primary as well as secondary component. Fresh Issue size – up to Rs. 6,150 million; Offer for sale – up to 4,450,000 equity shares (amount cannot be ascertained at this stage).
Book Running Lead Managers- ICICI Securities Limited; Edelweiss Financial Services Limited; and JM Financial Limited.
The core team consisted of Subhayu Sen (Partner), Aayush Mohata (Partner), Drishti Barar (Senior Associate), Abhishek Iyer (Associate) and Johann Dominic Anthony Valladares (Associate).
About Jupiter Life Line Hospitals Limited
The Company is a multi-specialty tertiary and quaternary healthcare provider and operates 3 hospitals in Thane, Pune and Indore. The Company operates on an ‘all-hub-no spoke’ model i.e., each of its 3 hospitals are full-service hospitals, with over 30 specialities including organ transplant, oncology, orthopaedics, cardiology, paediatrics, neurology and neurosurgery as well as certain specialised quaternary services and precision-based treatments such as brachytherapy, radiotherapy, robotic knee replacement and robotic neuro rehabilitation are accredited with various certifications.
