Jainam Ferro Alloys (I) Limited

Jainam Ferro Alloys (I) Limited

SMEClosed

₹1,40,000(2,000 Shares)

Minimum Investment

IPO Dates

Sep 28, 2021 – Sep 30, 2021

Price Band

₹70–70 per equity share

Lot Size

2000

Listing

Oct 8, 2021

Listing At

NSE SME

Sep 28, 2021Open DateCompleted
Sep 30, 2021Close DateCompleted
TBAAllotment DateUpcoming
Oct 8, 2021Listing DateCompleted

Jainam Ferro Alloys (I) Limited Live Subscription Details

All IPOs
QIB / NII6.23x
Retail7.07x

Overall Subscription

Total Bids Received

6.65x

Jainam Ferro Alloys (I) Limited IPO Issue Details

Issue Price
₹70 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Oct 8, 2021

Company Information

Jainam Ferro Alloys (I) Limited has been engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese (FeMn) and Silico manganese (SiMn), largely used in the Steel industry. The company...

Valuations

RoNW

13.05%

Financial Information (₹ in Crores)

MetricFY 21FY 20FY 19
Total Assets52.4139.1940.22
Total Revenue102.51122.33132.39
Profit After Tax3.110.862.88
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1To meet Working Capital requirements.
  2. 2General Corporate Purpose.
  3. 3Offer Expenses.

Jainam Ferro Alloys (I) Limited – Promoter(s)

Mr. Archit Parakh
Mr. Aditya Parakh

Contact Details

Frequently Asked Questions — Jainam Ferro Alloys (I) Limited IPO

The Jainam Ferro Alloys (I) Limited IPO price band is set at ₹70.00 to ₹70.00 per equity share.

The lot size for Jainam Ferro Alloys (I) Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,40,000.

The Jainam Ferro Alloys (I) Limited IPO opens on Sep 28, 2021 and closes on Sep 30, 2021.

Jainam Ferro Alloys (I) Limited IPO is expected to be listed on Oct 8, 2021 on NSE SME.

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