IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,414,000 (47%) | — | ₹863 Cr |
| Retail | — | 1,414,000 (47%) | — | ₹863 Cr |
| Market Maker | — | 150,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 2,978,000 (100%) | — | ₹18,166 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 | 2,000 | ₹122,000 |
| Retail (Max) | 13 | 26,000 | ₹1,586,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,708,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,174,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Aug-19 | 31-Mar-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 3,178 | 3,020 | 3,287 |
| Profit After Tax | 30 | 36 | 54 |
| Net Worth | 501 | 538 | 687 |
| Total Assets | 1,615 | 2,433 | 2,901 |
| Reserves & Surplus | 459 | 495 | 638 |
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
- Repayment of secured and unsecured loans. –
- Funding the working capital requirements of the company. –
- General Corporate Purposes –
Company Overview
Incorporated in 2010, 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.
Competitive Strength :
- Product registration
- Experienced management and dedicated employee base
- Quality assurance
- Quality & Brand strength