
Healthcare & Pharmaceuticals · NSE
JFL Life Sciences Limited, established in 2010, is a pharmaceutical company specializing in the manufacturing of a variety of medicines. Its product range includes dry powder injections (B-Lactam), tablets, capsules (B-Lactam and general), and oral rehydration solutions (ORS). The company follows a bulk sales strategy, supplying its products to pharmaceutical marketers and traders who then distribute them to customers. JFL has a strong presence across India and exports to 10 countries worldwide. Internationally, JFL supplies products to African, Middle Eastern, and CIS countries through merchant exporters. The company is also registered with the Ministries of Health (MOH) in Kenya, Nigeria, Yemen, Cambodia, and Myanmar for specific products, with additional registrations in Ukraine, Uzbekistan, and Kazakhstan. JFL operates two leased manufacturing units in Gujarat to produce its pharmaceutical products.
Price Band
₹61
Issue Size
₹18.17 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹61
at current GMP
Subscribed
8.93x
overall
Open
25 Aug 2022
Close
30 Aug 2022
Allotment
6 Sep 2022
Refund
7 Sep 2022
Demat Credit
8 Sep 2022
Listing
8 Sep 2022
Overall Subscription
8.93x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,489,344 | — | 0.00x |
| Non-Institutional (NII / HNI) | 446,803 | — | 0.00x |
| Retail Individual (RII) | 1,042,541 | — | 0.00x |
| Total | 2,978,688 | 0 | 8.93x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 521 | 4,653 | 8.93x |
| HNIs (10L +) | 3 | 27 | 9.00x |
| HNIs (2-10L) | 16 | 143 | 8.94x |
| Total Applications | 540 | 4,823 | 8.93x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
JFL Life Sciences Limited is bringing an initial public offering (IPO) in the Healthcare & Pharmaceuticals sector with an aggregate issue size of ₹18.17 Crores. The shares are offered at a price band of ₹61 to ₹61 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.
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.
Following the close of bidding on 2022-08-30, the basis of allotment is scheduled to be finalized on 2022-09-06. 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 (Kfin Technologies Limited) or the BSE allotment checking window.
Currently, JFL Life Sciences Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹61 to ₹61 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,22,000. Expected listing price is ₹61 per equity share.
The JFL Life Sciences Limited IPO aggregate issue size is ₹18.17 Crores with an equity price band set at ₹61 to ₹61 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,22,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.93x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2022-09-06. Investors can verify status using PAN card or application number.
JFL Life Sciences Limited shares are scheduled to list on NSE on 2022-09-08.