JFL Life Sciences IPO GMP, Review, Price, Allotment


Last updated on September 8, 2022

JFL Life Sciences IPO GMP

JFL Life Sciences IPO description – The company is engaged in the business of manufacturing and sales of pharmaceutical products in domestic as well as international business. 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 an FDA approved state of the art manufacturing facility near Ahmedabad.

JFL Life Sciences’ sales strategy is to sell its products in bulk to pharmaceuticals marketers and traders who in turn provide the channel for sales to customers. The company does not sell it under any brand name and uses the same strategy for both domestic & international market. Following are its major products:

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

The company exports its products to African countries, Middle Eastern countries and CIS countries, mainly through merchant exporters. The company is registered with the MOH of Kenya, Nigeria, Yemen, Cambodia & Myanmar for manufacturing of a particular product. Few of its products are also registered with Ukraine, Uzbekistan, Kazakhstan (CIS countries) through merchants. As on 28 February 2022, its domestic sales comprise of 23.02% while the export sales comprise of 76.98%.

Promoters of JFL Life Sciences Limited – Smiral Ashwinkumar Patel and Tejal Smiral Patel

JFL Life Sciences IPO Details

Subscription Dates25 – 30 August 2022
Price BandINR 61 per share
Fresh issue29,78,000 shares (INR 18.17 crore)
Offer For SaleNil
Total IPO size29,78,000 shares (INR 18.17 crore)
Minimum bid (lot size)2,000 shares
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE Emerge

JFL Life Sciences Financial Performance

  FY2019FY2020FY202111M FY2022
Revenue3,177.96 3,020.41 3,286.89 2,563.06
Expenses3,135.682,970.713,212.23 2,222.05
Net income30.2536.0454.21 253.28
Figures in INR Lakh unless specified otherwise

JFL Life Sciences Offer News

JFL Life Sciences Valuations & Margins

FY2019FY2020FY202111M FY2022
EPS0.590.660.89 3.77
PE ratio68.5416.18
RONW (%)6.036.707.8925.20

JFL Life Sciences IPO GMP Daily Trend

DateJFL Life Sciences IPO GMPKostakSubject to Sauda
7 Sep 202238,000
6 Sep 2022510,000
5 Sep 2022510,000
2 Sep 2022512,000
1 Sep 2022412,000
30 Aug 2022515,000
29 Aug 2022515,000
27 Aug 2022517,000
26 Aug 2022517,000
25 Aug 2022515,000
24 Aug 2022715,000
23 Aug 2022713,000
22 Aug 2022510,000
20 Aug 202258,000
19 Aug 202258,000

JFL Life Sciences IPO Subscription – Live Updates

Shares Offered14,89,00014,89,000 29,78,000
Day 10.230.710.47
Day 20.491.561.02
Day 30.623.532.08
Day 45.8811.078.48
Subscription figures in number of times, at 5 PM

JFL Life Sciences IPO Lead Manager

GYR Capital Advisors Private Limited
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej,
Ahmedabad -380 054, Gujarat
Phone : +91 87775 64648
E-mail: [email protected]
Website: www.gyrcapitaladvisors.com

JFL Life Sciences Offer Registrar

KFin Technologies Limited
Selenium Tower-B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com

JFL Life Sciences IPO Contact Details

JFL Life Sciences Limited
309, Satyam Mall, Opp. Saman Complex,
Nr. Vishweshwar Mahadev Mandir,
Settelite, Ahmedabad-380015, Gujarat
Phone: +91-93772-95575
E-mail: [email protected];
Website: www.jfllifesciences.com

JFL Life Sciences IPO Allotment Status

JFL Life Sciences IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.

JFL Life Sciences IPO Timetable

IPO Opening Date25 August 2022
IPO Closing Date31 August 2022
Finalisation of Basis of Allotment5 September 2022
Initiation of refunds6 September 2022
Transfer of shares to demat accounts7 September 2022
Listing Date8 September 2022
Opening Price on NSE SMEINR70 per share (up 14.75% from IPO price)
Closing Price on NSE SMEComing soon

JFL Life Sciences IPO FAQs

What is JFL Life Sciences offer size?

JFL Life Sciences offer size is INR18.17 crore.

What is JFL Life Sciences IPO Price Band?

JFL Life Sciences public offer price is INR 61 per share.

What is the lot size of JFL Life Sciences IPO?

JFL Life Sciences offer lot size is 2,000 shares.

What is JFL Life Sciences IPO GMP today?

JFL Life Sciences IPO GMP today is INR3 per share.

What is JFL Life Sciences kostak rate today?

JFL Life Sciences kostak rate today is NA per application.

What is JFL Life Sciences Subject to Sauda rate today?

JFL Life Sciences Subject to Sauda rate today is INR8,000 per application.



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