Jainam Ferro Alloys (I) Ltd. IPO
Issue Price
₹70
GMP
—
Lot Size
2,000
Face Value
₹10
Issue Size
2,802,000 shares (aggregating up to ₹20 Cr)
Subscription
—
IPO Timeline
Open Date28-Sep-21
Close Date30-Sep-21
Allotment5-Oct-21
Refund Initiation6-Oct-21
Demat Credit7-Oct-21
UPI Mandate Deadline30-Sep-21
Listing Date8-Oct-21
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,326,000 (47%) | — | ₹928 Cr |
| Retail | — | 1,326,000 (47%) | — | ₹928 Cr |
| Market Maker | — | 150,000 (5%) | — | ₹11 Cr |
| Σ Total | — | 2,802,000 (100%) | — | ₹19,614 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹70
Face Value₹10
Lot Size2,000 shares
Issue Size2,802,000 shares (aggregating up to ₹20 Cr)
Issue TypeFixed Price IPO
Listing ExchangeNSE SME
Sale TypeFresh Capital-cum-Offer for Sale
Script Code—
Fresh Issue1,152,000 shares (aggregating up to ₹8 Cr)
Offer for Sale1,500,000 shares of ₹10 (aggregating up to ₹11 Cr)
Net Offer to Public2,652,000 shares (aggregating up to ₹19 Cr)
Amount InCrore
Stock Price History · NSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Retail1 lot(s)2,000 shares₹140,000
S-HNI2 lot(s)4,000 shares₹280,000
Financial Statements Amount In Crore
| Metric | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 103 | 122 | 132 |
| Profit After Tax | 3 | 1 | 3 |
| Total Assets | 52 | 39 | 40 |
Valuation & Key Ratios
ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet Working Capital requirements – 6.78
- 2 General Corporate Purpose – 1.85
Company Overview
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.
Competitive Strengths
- Adherence to ISO quality standards.
- Experienced employees with technical expertise.
- Ideal geographical location for easy access to laborers and raw material suppliers.
- Focus on a long-term relationship with customers.
- Strong experienced management.
Company Information
AddressPlot No. 103 to 113 & 130 to 136/A & 137, Urla Industrial Area Raipur, Chhattisgarh, 492003
Phone771 4700109
Emailcs@jainamferro.com
Websitehttp://www.jainamferro.com/