JFL Life Sciences Ltd - IPO

JFL Life Sciences Ltd IPO Details

Public issue of 29,78,000 equity shares of face value Rs. 10 each (Equity Shares) of JFL Life Sciences Limited (the Company or the Issuer) for cash at a price of Rs. 61/- per equity share (including a securities premium of Rs. 51/- per equity share) (the Issue Price), aggregating Rs. 18.17 crores (Issue) of the issue, 1,50,000 equity shares aggregating toRs. 0.92 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 28,28,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 61/- per equity share aggregating to Rs. 17.25 crores is hereinafter referred to as the Net Issue. The issueand the net issue will constitute 27.08% and 25.71%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 6.1 times of the face value.

Objective of issue

Repayment of secured and undecured of the company. Funding the working capital requirements of the company. General Corporate Purposes.

JFL Life Sciences Ltd Contact Details

JFL Life Sciences Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@jfllifesciences.com

Website - www.jfllifesciences.com