IPO Issue Details
Issue Price / Price Band₹150 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size37,00,000 shares (aggregating up to ₹55.50 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 30 Mar 2022
Subscription CloseThu, 07 Apr 2022
Anchor AllotmentTue, 29 Mar 2022
Basis of AllotmentWed, 13 Apr 2022
Initiation of RefundsThu, 14 Apr 2022
Credit of Shares to DematThu, 14 Apr 2022
Listing DateTue, 19 Apr 2022
UPI Mandate Deadline2022-04-07
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 1,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 2,000 shares
P/E Ratio (Pre-IPO)16.67x
Net Offer to Public35,14,000 shares (aggregating up to ₹52.71 Cr)
Reserved for Market Maker1,86,000 shares (aggregating up to ₹2.79 Cr)
Pre-IPO Promoter Holding1,01,11,192 shares
Post-IPO Promoter Holding1,38,11,192 shares
About Jeena Sikho Lifecare Ltd.
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:Strong franchise partner network.Excellent network management & logistics.Highly experienced and Professional Team.Strong financials of the Company.
Objects of the Issue
Jeena Sikho Lifecare Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Marketing & Sales Promotion of brand “Shuddhi
15.00
2
2 Repayment of short-term borrowing
6.35
3
3 Working capital requirement
23.10
4
4 General Corporate Purposes
10.45
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,01,11,192 shares
Post-IPO Promoter Holding
1,38,11,192 shares