Jeena Sikho Lifecare Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,757,000 (47%) | — | ₹2,636 Cr |
| Retail | — | 1,757,000 (47%) | — | ₹2,636 Cr |
| Market Maker | — | 186,000 (5%) | — | ₹28 Cr |
| Σ Total | — | 3,700,000 (100%) | — | ₹55,500 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹150,000 |
| Retail (Max) | 13 | 13,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 67,000 | ₹10,050,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue | 7,252 | 13,687 | 9,517 |
| Profit After Tax | 622 | 1,016 | 573 |
| Total Assets | 5,714 | 4,915 | 3,804 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Marketing & Sales Promotion of brand “Shuddhi – 15.00
- 2 Repayment of short-term borrowing – 6.35
- 3 Working capital requirement – 23.10
- 4 General Corporate Purposes – 10.45
- 5 Issue Expenses – 0.60
Company Overview
Incorporated in 2017 by Acharya Manish Ji, Jeena Sikho Lifecare Limited provides ayurvedic healthcare products & services. The company engages in conducting health check-up camps, free yoga sessions to make people aware of health problems. It offers a wide range of Ayurvedic products such as Dr. Shuddhi Package (Shuddhi Kit)-40 Day Detox Package, Shuddhi 32 Herbs Tea, Shuddhi Addiction Free Kit, Shuddhi BP Package, Shuddhi Diabetes Care Package, and Shuddhi Divya Sanjeevani-Anti-Viral Package.
The business has its own unit namely Shuddhi Ayurveda Panchkarma Hospital (HIIMS) which offers treatments for Cancer, Diabetes, Liver problems, Arthritis, Cholesterol, Thyroid, Leukoderma, Joint pain, and many more through different methods such as Ayurveda, Allopathy, Homeopathy, and Naturopathy without leaving any side effects. Jeena Sikho Lifecare operates 150+ Ayurvedic clinics in 23 states.
Competitive Strengths:
- Strong franchise partner network.
- Excellent network management & logistics.
- Highly experienced and Professional Team.
- Strong financials of the Company.