Jainam Ferro Alloys (I) Limited IPO
Jainam Ferro Alloys (I) Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹70 per share. The stock debuted at ₹73, delivering a listing gain of 4.3%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.
Jainam Ferro Alloys (I) Limited IPO
- IPO Dates
- Sep 28, 2021 – Sep 30, 2021
- Price band
- ₹70 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- 2,802,000 Eq Shares of ₹10(aggregating up to ₹19.61 Cr)
- Lot size
- 2000
- Allotment Date
- Oct 5, 2021
- Listing
- Oct 8, 2021
- Listing At
- NSE SME
IPO timeline
-
Sep 28, 2021
Open Date
Completed
-
Sep 30, 2021
Close Date
Completed
-
Oct 5, 2021
Allotment Date
Completed
-
Oct 8, 2021
Listing Date
Completed
Jainam Ferro Alloys (I) Limited IPO Essentials
Jainam Ferro Alloys (I) Limited IPO Details
Jainam Ferro Alloys (I) Limited IPO is priced at ₹70 per share with a total issue size of 2,802,000 Eq Shares of ₹10(aggregating up to ₹19.61 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹70 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,802,000 Eq Shares of ₹10(aggregating up to ₹19.61 Cr)
- Listing at
- NSE SME
- List price
- 73
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Jainam Ferro Alloys (I) Limited IPO Details
- Retail Portion N/A
Jainam Ferro Alloys (I) Limited IPO Documents
Jainam Ferro Alloys (I) Limited IPO Analytics
Jainam Ferro Alloys (I) Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Jainam Ferro Alloys (I) Limited IPO Subscription Status
Jainam Ferro Alloys (I) Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 13,26,000 | 13,26,000 | 26,52,000 |
|
Day 1
28-09-21 06:00 PM
|
(1.01) x | 1.27 x | 1.14 x |
|
Day 2
29-09-21 06:00 PM
|
(1.90) x | 3.27 x | 2.58 x |
|
Day 3
30-09-21 06:00 PM
|
(6.23) x | 7.07 x | 6.65 x |
Jainam Ferro Alloys (I) Limited Valuations
Earnings
- EPS (Post IPO)
- ₹2.95/-
- P/E Ratio
- 23.71
Returns
- RoNW
- 13.05%
Jainam Ferro Alloys (I) Limited Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 52.41 | 39.19 | 40.22 |
| Revenue | 102.51 | 122.33 | 132.39 |
| Profit After Tax | 3.11 | 0.86 | 2.88 |
Jainam Ferro Alloys (I) Limited Company & Offer Insights
About Jainam Ferro Alloys (I) Limited
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 also generates revenue from its trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys.
The company derives the majority of its revenue from Ferro Manganese. The company has its registered office and manufacturing facility at Raipur, Chattisgarh.
Jainam Ferro Alloys (I) Limited Promoter(s)
Mr. Archit Parakh, Mr. Aditya Parakh are the company's promoters of Jainam Ferro Alloys (I) Limited.
Jainam Ferro Alloys (I) Limited IPO Issue Objectives
- •
- To meet Working Capital requirements.
- •
- General Corporate Purpose.
- •
- Offer Expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Jainam Ferro Alloys (I) Limited IPO is a Fixed Priced IPO worth ₹2,802,000 Eq Shares of ₹10(aggregating up to ₹19.61 Cr). The issue price is ₹70 per share (fixed price). The IPO opens on Sep 28, 2021 and closes on Sep 30, 2021. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Jainam Ferro Alloys (I) Limited IPO is ₹70 per share (fixed price).
The lot size of Jainam Ferro Alloys (I) Limited IPO is 2000 shares.
The minimum investment for Jainam Ferro Alloys (I) Limited IPO is approximately ₹1,40,000 based on the issue price .
Jainam Ferro Alloys (I) Limited IPO opens on Sep 28, 2021 and closes on Sep 30, 2021.
The allotment date of Jainam Ferro Alloys (I) Limited IPO is Oct 5, 2021.
Jainam Ferro Alloys (I) Limited IPO is expected to be listed on Oct 8, 2021, on NSE SME Platform.
Jainam Ferro Alloys (I) Limited IPO valuation snapshot: P/E 23.71, EPS ₹2.95/-, P/B N/A, RoNW 13.05%, and market cap N/A.
To apply for Jainam Ferro Alloys (I) Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Jainam Ferro Alloys (I) Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Jainam Ferro Alloys (I) Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Jainam Ferro Alloys (I) Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Jainam Ferro Alloys (I) Limited IPO allotment status on IPO Ji for quick and easy access.