What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Jeena Sikho Lifecare Limited IPO allotment date?

The basis of allotment for Jeena Sikho Lifecare Limited IPO is scheduled to be finalized on 12 Apr 2022.

Where can I check Jeena Sikho Lifecare Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 13 Apr 2022.

Jeena Sikho Lifecare Limited

ListedSME

Healthcare · NSE

Incorporated in 2017 by Acharya Manish Ji, Jeena Sikho Lifecare Limited provides Ayurvedic healthcare products and services, including health check-up camps and free yoga sessions to raise awareness about health issues. The company offers a variety of Ayurvedic products such as the Dr. Shuddhi Package (40-Day Detox), Shuddhi 32 Herbs Tea, Shuddhi Addiction Free Kit, Shuddhi BP Package, Shuddhi Diabetes Care Package, and Shuddhi Divya Sanjeevani Anti-Viral Package. It operates its own unit, Shuddhi Ayurveda Panchkarma Hospital (HIIMS), which delivers treatments for conditions like cancer, diabetes, liver problems, arthritis, cholesterol, thyroid issues, leukoderma, and joint pain using Ayurveda, Allopathy, Homeopathy, and Naturopathy methods without side effects. Jeena Sikho Lifecare has a network of over 150 Ayurvedic clinics across 23 states.

Price Band

₹150

Issue Size

₹55.50 Cr

Lot Size

1000 shares

GMP

₹45

+30.0%

Est. Listing

₹195

at current GMP

Subscribed

—

Open

30 Mar 2022

7 Apr 2022

Allotment

12 Apr 2022

Refund

13 Apr 2022

Demat Credit

14 Apr 2022

Listing

19 Apr 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Jeena Sikho Lifecare Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

12 Apr 2022

Basis finalization

Refunds Initiate

13 Apr 2022

Mandate release

Demat Credit

14 Apr 2022

Shares in demat

Listing Debut

19 Apr 2022

Trading begins

How to Check Jeena Sikho Lifecare Limited IPO Allotment Status

Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
Select Jeena Sikho Lifecare Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Jeena Sikho Lifecare Limited Public Issue & Market Profile

Jeena Sikho Lifecare Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹55.5 Crores. The shares are offered at a price band of ₹150 to ₹150 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2022-04-07, the basis of allotment is scheduled to be finalized on 2022-04-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.