JFL Life Sciences IPO Date, Lot Size and Price

JFL Life Sciences IPO Details: The IPO date for JFL Life Sciences has been set. The IPO will begin on August 25 and end on August 30, 2022. JFL Life Sciences Limited is a pharmaceutical product manufacturer. JFL Life Sciences is an NSE SME IPO that will raise Rs. 18.17 crores through the IPO. The price band for the JFL Life Sciences IPO is Rs. 61, with a market lot of 2000 shares. Mr. Smiral Patel founded the company in 2011.

JFL Life Sciences is a pharmaceutical company that is WHO-GMP certified. Dry powder injections (B-Lactam), Tablets & Capsules (B-Lactam) solid oral dosage form, tablets and capsules (general) solid oral dosage form, and oral rehydration solutions are among the products available (ORS).

JFL Life Sciences IPO

JFL Life Sciences IPO Details

IPO Opening DateAug 25, 2022
IPO Closing DateAug 30, 2022
Price BandRs. 61 per share
Lot Size2000 Shares
Issue Size (Rs. Cr.)2,978,000 shares of Rs.10 (aggregating up to Rs.18.17 Cr)
Fresh Issue2,978,000 shares of Rs.10 (aggregating up to Rs.18.17 Cr)
Face ValueRs. 10 per share
Issue TypeFixed Price Issue IPO
Exchange BoardNSE, SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Basis of Allotment DateSep 5, 2022
Initiation of RefundsSep 6, 2022
Credit of Shares to Demat AccountSep 7, 2022
JFL Life Sciences IPO Listing DateSep 8, 2022

JFL Life Sciences IPO Date

JFL Life Sciences IPO Dates are set. JFL Life Sciences IPO open on 25 Aug 2020 and JFL Life Sciences IPO will close on 30 Aug 2022. Products of JFL is supplied to 10 developed and developing countries throughout the World.

JFL Life Sciences IPO Issue Size

JFL Life Sciences IPO is going to list on NSE, SME. Issue size of JFL Life Sciences IPO is Rs. 18.17 Cr. 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 IPO Price Band

Type of JFL Life Sciences IPO is fixed Price Issue IPO. JFL Life Sciences IPO is Rs. 61 per share. 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.

JFL Life Sciences IPO Lot Size

The lot size for the JFL Life Sciences IPO is 2000 shares. A retail investor can apply for up to one lot (2000 shares or Rs. 122,000).

JFL Life Sciences IPO Allotment Date and Listing Date

The shares will be credited to applicants’ demat accounts on 7 Sep 202. JFL Life Sciences IPO allotment date is 5 Sep 2022 and JFL Life Sciences IPO will listing on 8 Sep 2022.

About JFL Life Sciences Limited IPO

JFL Life Sciences Limited, founded in 2010, is in the pharmaceutical product manufacturing business. Dry powder injections (B-Lactam), Tablets and capsules (B-Lactam) solid oral dosage form, Tablet and capsules (general) Solid Oral Dosage Form, and Oral rehydration solutions comprise the company’s product portfolio (ORS).

The company’s sales strategy is to sell products in bulk to pharmaceutical marketers and traders, who then sell to customers. JFL Life Sciences Limited has a market presence in PAN India, and the company’s products are sold in ten developed and developing countries around the world.

JFL Life Sciences Limited primarily exports to African, Middle Eastern, and CIS countries via merchant exporters. The company is registered with the Ministries of Health of Kenya, Nigeria, Yemen, Cambodia, and Myanmar to manufacture a specific product. A few of our products are also registered with merchants in Ukraine, Uzbekistan, and Kazakhstan (CIS countries).

Promoters of JFL Life Sciences IPO

Smiral Ashwinkumar Patel and Tejal Smiral Patel are the company promoters

JFL Life Sciences IPO FAQs

What is JFL Life Sciences IPO?

JFL Life Sciences IPO is a SME IPO with a total of 2,978,000 equity shares with a face value of Rs. 10 worth up to Rs. 18.17 crores. The shares are priced at Rs. 61 each. The order quantity is limited to 2000 shares.

The IPO opens on Aug 25, 2022, and closes on Aug 30, 2022.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

When JFL Life Sciences IPO will open?

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

What is the lot size of JFL Life Sciences IPO?

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

How to apply for JFL Life Sciences IPO?

You can apply for the JFL Life Sciences IPO online and pay with UPI or ASBA. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications.

When JFL Life Sciences IPO allotment?

The finalization of Basis of Allotment for JFL Life Sciences IPO will be done on Sep 5, 2022, and the allotted shares will be credited to your demat account by Sep 7, 2022.

When is JFL Life Sciences IPO listing date?

The JFL Life Sciences IPO listing date is Sep 8, 2022. The tentative date of JFL Life Sciences IPO listing is Sep 8, 2022.

Who is the registrar of JFL Life Sciences IPO?

The registrar for JFL Life Sciences IPO is KFin Technologies Limited.

What is JFL Life Sciences IPO Price Band?

JFL Life Sciences IPO price band is Rs. 61 per equity share.