Jeena Sikho Lifecare Limited IPO (Jeena Sikho IPO) Detail

Mar 30, 2022 - Apr 7, 2022

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:

  1. Strong franchise partner network.
  2. Excellent network management & logistics.
  3. Highly experienced and Professional Team.
  4. Strong financials of the Company.

Company Financials:

Summary of financial Information (Restated Consolidated)
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

Objects of the Issue:

The objects of the Issue are:-

  1. To undertake marketing and sales promotion.
  2. To repay the short-term loan.
  3. To meet the Working Capital requirements of the Company.
  4. To meet out the General Corporate Purposes.
  5. To meet out the Issue Expenses.

Jeena Sikho IPO Details

Jeena Sikho IPO Date Mar 30, 2022 to Apr 7, 2022
Jeena Sikho IPO Face Value ₹10 per share
Jeena Sikho IPO Price ₹150 per share
Jeena Sikho IPO Lot Size 1000 Shares
Issue Size3,700,000 shares of ₹10
(aggregating up to ₹55.50 Cr)
Fresh Issue3,700,000 shares of ₹10
(aggregating up to ₹55.50 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Retail Shares Offered50%
NII (HNI) Shares Offered50%
Company Promoters

Mr. Manish Grover & Mrs. Bhavna Grover are the company promoters.

Jeena Sikho IPO Lot Size

The Jeena Sikho IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹150,000).

Application Lots Shares Amount
Minimum 1 1000 ₹150,000
Maximum 1 1000 ₹150,000

Jeena Sikho IPO Promoter Holding

Pre Issue Share Holding 90%
Post Issue Share Holding 65.86%

Jeena Sikho IPO Review

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...

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Jeena Sikho IPO Subscription Status (Bidding Detail)

The Jeena Sikho IPO is subscribed 2.25 times on Apr 7, 2022 5:00:00 PM. The public issue subscribed 1.69 times in the retail category, times in the QIB category, and 2.80 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Jeena Sikho IPO Prospectus

Jeena Sikho IPO Rating

Rating:Rated 3.9 stars
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Jeena Sikho IPO Listing Date

Listing Date Tuesday, April 19, 2022
BSE Script Code
Listing In ST Group of Securities
ISIN INE0J5801011
IPO Price ₹150 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹150.00
Open: ₹165.10
Low: ₹162.25
High: ₹173.35
Last Trade: ₹173.35

Company Contact Information

Jeena Sikho Lifecare Limited
SCO 11 First Floor,
Kalgidhar Enclave, Zirakpur,
Mohali, Punjab-140604
Phone: 01762-513185

Jeena Sikho IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Jeena Sikho IPO Reviews / Ratings

Jeena Sikho IPO FAQs

Jeena Sikho IPO is a SME IPO of 3,700,000 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 Shares.

The IPO opens on Mar 30, 2022, and closes on Apr 7, 2022.

Skyline Financial Services Private 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 IPO using UPI as a payment gateway. Zerodha customers can apply in Jeena Sikho IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Jeena Sikho IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Jeena Sikho IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Jeena Sikho IPO opens on Mar 30, 2022 and closes on Apr 7, 2022.

Jeena Sikho IPO lot size is 1000 Shares and the minimum order quantity is .

You can apply in Jeena Sikho IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Jeena Sikho IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jeena Sikho IPO allotment status.

The Jeena Sikho IPO listing date is on Tuesday, April 19, 2022.
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