JFL Life Sciences Limited IPO
NSE SME₹122,000 / 2000 Shares
JFL Life Sciences Limited IPO Details
The JFL Life Sciences Limited IPO price band is set between ₹61 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 25 Aug, 2022 and closes on 30 Aug, 2022. Investors can check the allotment status on 6 Sep, 2022, while the listing date is tentatively scheduled for 8 Sep, 2022.
The total issue size is 2,978,000 shares of ₹10, aggregating up to ₹18.17 Cr. Stay tuned for the latest JFL Life Sciences Limited IPO review and GMP updates.
JFL Life Sciences Limited IPO Review, Rating & Analysis
JFL Life Sciences Limited IPO Review
NO REVIEWJFL Life Sciences Limited IPO Rating
JFL Life Sciences Limited IPO Highlights
IPO Date
Aug 25, 2022 - Aug 30, 2022
Listing Date
8 Sep, 2022
Face Value
₹10 Per Equity Share
Price Band
₹61 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
JFL Life Sciences Limited IPO Lot Size
The minimum market lot for JFL Life Sciences Limited IPO is 2000 shares with an application amount of ₹1,22,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,22,000 |
| Retail (Max) | 1 | 2000 | ₹1,22,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,44,000 |
| S-HNI (Max) | 8 | 16000 | ₹9,76,000 |
| B-HNI (Min) | 9 | 18000 | ₹10,98,000 |
JFL Life Sciences Limited IPO Timeline
Issue Price
₹61 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
KFin Technologies LimitedLead Manager
GYR Capital Advisors LimitedIssue Size
2,978,000 shares of ₹10(aggregating up to ₹18.17 Cr)JFL Life Sciences Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Aug 19 | 1614.96 | 3177.96 | 30.25 | - | - | - |
| 31 Mar 20 | 2432.59 | 3020.41 | 36.04 | - | - | - |
| 31 Mar 21 | 2900.69 | 3286.89 | 54.21 | - | - | - |
| 28 Feb 22 | 3662.86 | 2563.06 | 253.28 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Smiral Ashwinkumar Patel
- ejal Smiral Patel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 92.52% | % |
About Company
JFL Life Sciences Limited is engaged in the business of manufacturing of pharmaceutical products. The company's product portfolio consists of Dry powder injections (B-Lactam), Tablets & Capsules (B-Lactam) solid oral dosage form and Tablet and capsules (general) Solid Oral Dosage Form and Oral rehydration solutions (ORS).
The company's sales strategy is to sell the products in bulk to pharmaceutical marketers and traders who in turn provide the channel for sales to customers. JFL Life Sciences Limited has a market presence in PAN India and JFL's products are supplied to 10 developed and developing countries throughout the World.
JFL Life Sciences Limited exports products to African, Middle Eastern, and CIS countries, mainly through merchant exporters. The company is registered with the MOH of Kenya, Nigeria, Yemen, Cambodia & Myanmar for manufacturing a particular product. Few of our products are also registered with Ukraine, Uzbekistan, and Kazakhstan (CIS countries) through merchants.
JFL has two manufacturing units (on lease) in Gujarat.
JFL Life Sciences Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,414,000 | 1,414,000 | 2,828,000 |
Day 1 -25-08-22 06:00 PM | 0.24 x | 0.75 x | 0.49 x |
Day 2 -26-08-22 06:00 PM | 0.51 x | 1.65 x | 1.08 x |
Day 3 -29-08-22 06:00 PM | 0.66 x | 3.71 x | 2.19 x |
Day 4 -30-08-22 06:00 PM | 6.19 x | 11.66 x | 8.93 x |
Frequently Asked Questions about JFL Life Sciences Limited IPO IPO
When will JFL Life Sciences Limited IPO open for subscription?
The JFL Life Sciences Limited IPO opens on 25 Aug, 2022 and closes on 30 Aug, 2022.
What is the investors portion for JFL Life Sciences Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1414000.
How to apply for JFL Life Sciences Limited IPO?
You can apply for JFL Life Sciences Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of JFL Life Sciences Limited IPO?
The issue size of JFL Life Sciences Limited IPO is approx ₹2,978,000 shares of ₹10(aggregating up to ₹18.17 Cr) crores.
What is the price band of JFL Life Sciences Limited IPO?
The price band for JFL Life Sciences Limited IPO is ₹61 per equity share to ₹undefined.
What is the lot size of JFL Life Sciences Limited IPO?
The minimum bid (lot size) for JFL Life Sciences Limited IPO is N/A shares with an investment of approx ₹122,000 .
What is the allotment date of JFL Life Sciences Limited IPO?
The allotment date for JFL Life Sciences Limited IPO is 6 Sep, 2022.
What is the listing date of JFL Life Sciences Limited IPO?
The listing date for JFL Life Sciences Limited IPO is expected to be 8 Sep, 2022.
What is the GMP of JFL Life Sciences Limited IPO?
The latest Grey Market Premium (GMP) for JFL Life Sciences Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.