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Jeena Sikho Lifecare IPO is a fixed price issue of ₹55.50 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹55.50 crore.
Jeena Sikho Lifecare IPO bidding started from Mar 30, 2022 and ended on Apr 7, 2022. The shares got listed on NSE SME on Apr 19, 2022.
Jeena Sikho Lifecare IPO price is ₹150.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (1000 shares). The minimum lot size investment for HNI is 2 lots (2,000 shares), amounting to ₹3,00,000.
Fast Track Finsec Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Prabhat Financial Services Ltd..
Refer to Jeena Sikho Lifecare IPO RHP for detailed Information.
| IPO Date | March 30, 2022 to April 7, 2022 |
| Listing Date | April 19, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹150 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,00,000 shares (aggregating up to ₹55.50 Cr) |
| Reserved for Market Maker | 1,86,000 shares Prabhat Financial Services Ltd. (aggregating up to ₹2.79 Cr) |
| Net Offered to Public | 35,14,000 shares (aggregating up to ₹52.71 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,01,11,192 shares |
| Share Holding Post Issue | 1,38,11,192 shares |
Jeena Sikho IPO offers total 37,00,000 shares. Out of which 17,57,000 (47.49%) allocated to NII, 17,57,000 (47.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,86,000 (5.03%) |
| NII (HNI) Shares Offered | 17,57,000 (47.49%) |
| Retail Shares Offered | 17,57,000 (47.49%) |
| Total Shares Offered | 37,00,000 (100.00%) |
Jeena Sikho Lifecare IPO opens on March 30, 2022, and closes on April 7, 2022.
| IPO Open Date | Wed, Mar 30, 2022 |
| IPO Close Date | Thu, Apr 7, 2022 |
| Tentative Listing Date | Tue, Apr 19, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Apr 7, 2022 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,50,000 |
| Retail (Max) | 1 | 1,000 | ₹1,50,000 |
| HNI (Min) | 2 | 2,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2017 by Acharya Manish Ji, Jeena Sikho Lifecare Limited provides ayurvedic healthcare products & services. The company engages in conducting health check-up camps, free yoga sessions to make people aware of health problems. It offers a wide range of Ayurvedic products such as Dr. Shuddhi Package (Shuddhi Kit)-40 Day Detox Package, Shuddhi 32 Herbs Tea, Shuddhi Addiction Free Kit, Shuddhi BP Package, Shuddhi Diabetes Care Package, and Shuddhi Divya Sanjeevani-Anti-Viral Package.
The business has its own unit namely Shuddhi Ayurveda Panchkarma Hospital (HIIMS) which offers treatments for Cancer, Diabetes, Liver problems, Arthritis, Cholesterol, Thyroid, Leukoderma, Joint pain, and many more through different methods such as Ayurveda, Allopathy, Homeopathy, and Naturopathy without leaving any side effects. Jeena Sikho Lifecare operates 150+ Ayurvedic clinics in 23 states.
Competitive Strengths:
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 5,713.88 | 4,914.88 | 3,803.66 | 3,603.21 | |
| Total Revenue | 7,251.91 | 13,687.45 | 9,517.44 | 10,588.10 | |
| Profit After Tax | 621.53 | 1,015.57 | 572.58 | 599.73 | |
The market capitalization of Jeena Sikho Lifecare IPO is ₹207.17 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 16.67 |
The objects of the Issue are:-
[Dilip Davda] The issue is fully priced based on its recent super fiscal performance. Though Ayurvedic treatment is gaining ground, it’s a highly competitive and fragmented segment. Risk seeker/cash surplus investors may consider investing in this fully priced offer with a long term perspective. Read detail review...
| Listing Date | April 19, 2022 |
| BSE Script Code | |
| NSE Symbol | JSLL |
| ISIN | INE0J5801011 |
| Final Issue Price | ₹150 per share |
| BSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹150.00 |
| Open | ₹165.10 |
| Low | ₹162.25 |
| High | ₹173.35 |
| Last Trade | ₹173.35 |
Jeena Sikho Lifecare Ltd.
SCO 11 First Floor,
Kalgidhar Enclave,
Zirakpur
Mohali, Punjab, 140604
Phone: 01762-513185
Email: cs@jeenasikho.co.in
Website: https://jeenasikho.co.in/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Jeena Sikho Lifecare IPO is a SME IPO of 37,00,000 equity shares of the face value of ₹10 aggregating up to ₹55.50 Crores. The issue is priced at ₹150 per share. The minimum order quantity is 1000.
The IPO opens on March 30, 2022, and closes on April 7, 2022.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Jeena Sikho Lifecare IPO using UPI as a payment gateway. Zerodha customers can apply in Jeena Sikho Lifecare IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jeena Sikho Lifecare IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jeena Sikho Lifecare IPO opens on March 30, 2022 and closes on April 7, 2022.
Jeena Sikho Lifecare IPO lot size is 1000, and the minimum amount required for application is ₹1,50,000.
You can apply in Jeena Sikho Lifecare IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Jeena Sikho Lifecare IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jeena Sikho Lifecare IPO allotment status.
The Jeena Sikho Lifecare IPO listing date is on Tuesday, April 19, 2022.
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