About the Company:
Jeena Sikho Lifecare Limited is ayurvedic healthcare company headquartered in Zirakpur, Punjab.
Founded by Mr. Manish Grover (popularly known as Acharya Manish) in the year 2017, the main motive of the Company is to build a healthy India through preventive measures by providing authentic and good quality ayurvedic products.
The promoters of company have been engaged in ayurvedic healthcare product & services since last ten years.
Initially in 2009, Mr. Manish Grover, promoter of our Company started “God Grace Foundation”, thereafter, they built a brand name called “Divya Upchar”.
In the year 2017, they incorporated the company in the name of “Jeena Sikho Lifecare Private Limited”. In the year 2018, they came up with their project i.e. Shuddhi Ayurveda.
Jeena Sikho Lifecare is a developing health care product & services providers in India. The company has portfolio of over a wide range of Ayurvedic products.
Shuddhi Ayurveda Panchkarma Hospital (HIIMS)
Shuddhi Ayurveda Panchkarma Hospital is a unit of Jeena Sikho Lifecare Limited. It is accredited by NABH, a constituent Board of Quality Council of India. It is established to deliver effective traditional treatments that not only improve the health but also the quality of life.
It is an integrated hospital and has taken the task of providing superior treatment in a variety of ways to reduce the disease’s fundamental causes. It develops natural remedies for health-related problems. Furthermore, the specialised medical team, comprising of twelve (12) doctors.
It provides treatment by different methods such as Ayurveda, Allopathy, Homeopathy and Naturopathy.
It cures various diseases such as Cancer, Diabetes, Liver problems, Arthritis, Cholestrol, Thyroid, Leukoderma, Joint pain and many more.
The Shuddhi Ayurveda Panchkarma Hospital is situated at Dera Bassi, Punjab, with a capacity of 49 beds.
Management Team:
- Mr. Manish Grover (Designation: Managing Director)
- Mrs. Bhavna Grover (Designation: Whole Time Director)
Objectives of the Issue:
Offer for Sale: (Rs.55.50 cr)
- To undertake marketing and sales promotion.
- To repay short-term loan.
- To meet out the Working Capital requirements of the Company.
- To meet out the General Corporate Purposes.
- To meet out the Issue Expenses.
Financials of the Company:
| (in Crores) | FY 19 | FY 20 | FY 21 | 30th Sept 21 |
|---|---|---|---|---|
| Revenue | 105.88 | 95.17 | 136.87 | 72.51 |
| Net Profit | 5.99 | 5.72 | 10.15 | 6.21 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 30th March 2022 |
| Issue Closes on:. | 7th April 2022 |
| Issue Price | Rs.150 |
| Face Value | Rs.10 |
| Minimum Lot | 1000 |
| Minimum Investment | Rs.1,50,000 |
| Issue Constitutes | 26.76% |
| Issue Size | Rs.55.5 cr |
| Market Cap | Rs.207.16 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 37,00,000 (Rs.55.5 cr) |
| Equity Shares Prior to the Issue | 1,01,11,192 |
| Equity Shares after the Issue | 1,38,11,192 |
Also Read : List of Upcoming IPO’s in India.
Also Read : List of Upcoming SME IPO’s in India.
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 10.05 | 24.39 | 42.19% | 23.81 |
| Company Contact Info: |
|---|
| Jeena Sikho Lifecare Ltd SCO 11 First Floor, Kalgidhar Enclave Zirakpur, Mohali, Punjab-140604, India Tel: 01762-513185; Fax: N.A. E-mail: cs@jeenasikho.co.in; Website: www.jeenasikho.co.in |
| IPO Registrar Info: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020 Tel No: +91-11-40450193-97; Email: compliances@skylinerta.com Website: www.skylinerta.com |
| Lead Manager to the Issue: |
|---|
| FAST TRACK FINSEC PRIVATE LIMITED SEBI Registration No.INM000012500 B-502, Statesman House, 148, Barakhambha Road, New Delhi – 110 001 Tel No.: +91-11-43029809 Email: vikasverma@ftfinsec.com; Website: www.ftfinsec.com |
