JFL Life Sciences Limited is engaged in the manufacturing of pharmaceutical products. The company’s product portfolio consists of Dry Powder Injections (B-Lactam), Tablets and Capsules (B-Lactam) in Solid Oral Dosage Form and Tablets and Capsules (General) in Solid Oral Dosage Form and Oral Rehydration Solutions (ORS).
The company’s sales strategy is to sell products in bulk to pharmaceutical traders and merchants who in turn provide a sales channel to customers. JFL Life Sciences Limited has a market presence in PAN India and JFL products are supplied to 10 developed and developing countries worldwide.
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 and Myanmar to manufacture a specific product. Few of our products are also registered in Ukraine, Uzbekistan and Kazakhstan (CIS countries) through traders.
JFL has two manufacturing units (on lease) in Gujarat.
Competitive Strengths
- Experienced management and dedicated employee base
- Quality & Brand strength
- Product registration
- Quality assurance
Company Promoters
- Smiral Ashwinkumar Patel
- Tejal Smiral Patel
Company Financials
| Particulars | 31 Dec 2021 | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|---|
| Total Assets | 3662.86 | 2900.69 | 2432.59 | 1614.96 |
| Total Revenue | 2563.06 | 3286.89 | 3020.41 | 3177.96 |
| Profit After Tax | 253.28 | 54.21 | 36.04 | 30.25 |
Object Of The Issue
- Repayment of secured and unsecured loans.
- General Corporate Purposes.
- Funding the working capital requirements of the company.
JFL Life Sciences IPO – Details
| IPO Opening Date | 25 August 2022 |
| IPO Closing Date | 30 August 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹18.17 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹61 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares |
| Listing At | NSE SME |
| Register | KFin Technologies Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
JFL Life Sciences IPO – Date Schedule
| IPO Open Date | 25 Aug 2022 |
| IPO Close Date | 30 Aug 2022 |
| Basis of Allotment Date | 05 Sep 2022 |
| Initiation of Refunds | 06 Sep 2022 |
| Credit of Shares to Demat Account | 07 Sep 2022 |
| IPO Listing Date | 08 Sep 2022 |
JFL Life Sciences IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 2000 | 1,22,000 |
| Maximum | 1 | 2000 | 1,22,000 |
JFL Life Sciences IPO Promoter Holding
| Pre Issue Share Holding | 92.52% |
| Post Issue Share Holding | 67.47% |
JFL Life Sciences IPO Prospectus
Company Contact Information
| JFL Life Sciences Limited 309, Satyam Mall, Opp. Saman Complex, Nr. Vishweshwar Mahadev Mandir Settelite, Ahmedabad 380015 Phone: 937729 5575 Email: cs@jfllifesciences.com Website: http://www.jfllifesciences.com/ |
JFL Life Sciences IPO Registrar
| KFin Technologies Limited Phone: 04067162222, 04079611000 Email: jfl.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
JFL Life Sciences IPO Lead Manager(s)
| 1. GYR Capital Advisors Limited |
JFL Life Sciences IPO FAQs
| What is JFL Life Sciences IPO? JFL Life Sciences IPO is a SME IPO. The issue is priced at ₹61 per equity share. The IPO is to be listed on NSE SME. |
| When JFL Life Sciences IPO will open? The IPO is to open on 25 August 2022 for NII and Retail Investors. |
| What is JFL Life Sciences IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the JFL Life Sciences IPO? You can apply JFL Life Sciences IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the JFL Life Sciences IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “JFL Life Sciences”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the JFL Life Sciences IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “JFL Life Sciences”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the JFL Life Sciences IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “JFL Life Sciences”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the JFL Life Sciences IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “JFL Life Sciences”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is JFL Life Sciences IPO Size? JFL Life Sciences IPO size is ₹18.17 crores. |
| What is JFL Life Sciences IPO Price Band? JFL Life Sciences IPO Price Band is ₹61. |
| What is JFL Life Sciences IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,22,000 amount while the maximum bid is 2000 shares with ₹1,22,000. |
| What is the JFL Life Sciences IPO Allotment Date? JFL Life Sciences IPO allotment date is 05 September 2022. |
| What is the JFL Life Sciences IPO Listing Date? JFL Life Sciences IPO listing date is 08 September 2022. The IPO is to list on NSE SME. |
