JFL Life Sciences IPO Details

JFL Life Sciences IPO subscription is to open on Aug 25, 2022 and will close on Aug 30, 2022, the price band of the JFL Life Sciences IPO is fixed at ₹ 61. JFL Life Sciences is engaged in the business of manufacturing of pharmaceutical products

About JFL Life Sciences

JFL Life Sciences is engaged in the business of manufacturing of pharmaceutical products. The company is engaged in domestic as well as international business. With market presence in PAN India, products of JFL is supplied to 10 developed and developing countries throughout the World. To maintain its competitiveness and to further the cause of health care JFL has laid a strong R&D foundation and a FDA approved state of the art manufacturing facility near Ahmedabad.

JFL Life Sciences is a manufacturing company, so the sales strategy is to sell the products in bulk to pharmaceuticals marketers and traders who in turn provide the channel for sales to customers. JFL Life Sciences do not sell it under any brand name and the company use the same strategy for both domestic & international
market. Following are the major products types:

  • Dry powder injections
  • Tablets & Capsules (B-Lactam) solid oral dosage form.
  • Tablet and capsules (General)
  • Oral Rehydration Solutions (ORS)

Objects of the Issue

  • Repayment of secured and unsecured loans
  • Funding the working capital requirements of the company
  • General Corporate Purposes

JFL Life Sciences Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  28-Feb-22 31-Mar-21 31-Mar-20
Total Assets 3,662.86 2,900.69 2,432.59
Total income 2,563.06 3,286.89 3,020.41
Total Expenses 2,222.05 3,212.23 2,970.71
Profit After Tax 253.28 54.21 36.04

JFL Life Sciences IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 29,78,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1,816.58 Lakhs)
Issue Open  Date25-Aug-22
Issue Close Date30-Aug-22
Issue TypeFixed Price
IPO Price Band₹ 61
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolJFLLIFE
IPO Market Timings 10.00 a.m. to 5.00 p.m.

JFL Life IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,22,000
Maximum12000₹ 1,22,000

JFL Life IPO Lead Managers

  • GYR Capital Advisors Private Limited

JFL Life IPO Registrar

JFL Life IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on25-Aug-22
Bid / Offer Closes on30-Aug-22
Finalisation of Basis of Allotment05-Sep-22
Initiation of refunds 06-Sep-22
Credit of the Equity Shares07-Sep-22
Listing Date08-Sep-22

Company Registered Office

309, Satyam Mall, Opp.
Saman Complex,
Nr. Vishweshwar Mahadev Mandir,
Settelite, Ahmedabad-380015
Gujarat, India
Website: www.jfllifesciences.com

Company Promoters

  • Smiral Ashwinkumar Patel
  • Tejal Smiral Patel

JFL Life IPO – FAQS

What is the JFL Life IPO Price?

The JFL Life IPO price band is Rs.61 per share

When JFL Life IPO will open?

The JFL Life IPO opens on Aug 25, 2022 and closes on Aug 30, 2022

What is the lot size of JFL Life Sciences IPO?

The JFL Life Sciences IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for JFL Life Sciences IPO?

The Registrar for JFL Life Sciences IPO is KFin Technologies Limited

How to apply in JFL Life Sciences IPO through UPI?

Check the step by step process here – Click here

How to apply in JFL Life Sciences IPO through Zerodha?

Check the step by step process here – Click here

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3 COMMENTS

  1. […] JFL Life Sciences IPO Allotment Status is to be finalized on Sep 05, 2022, Monday. The JFL Life Sciences IPO will be listed on 8th September 2022. JFL Life Sciences IPO subscription status to start from Aug 25 to Aug 30, 2022. The JFL Life Sciences IPO consists of 29,78,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1,816.58 Lakhs). The price range for the offer has been fixed at ₹ 61 per share. […]

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