Jainam Ferro Alloys IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
GMP
Subscription Status
Allotment Status
- About Jainam Ferro Alloys
- Important Details – Jainam Ferro Alloys
- Objects of the Issue
- Jainam Ferro Alloys Limited Financials:
- Jainam Ferro Alloys IPO Price – Details
- Jainam Ferro Alloys IPO DRHP & RHP
- Jainam Ferro Alloys IPO Lot Size
- Jainam Ferro Alloys IPO Lead Managers
- Jainam Ferro Alloys Registrar
- Jainam Ferro Alloys IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Jainam Ferro Alloys IPO – FAQS
About Jainam Ferro Alloys
Jainam Ferro Alloys is currently manufacturing two types of Ferro Alloys namely, Ferro Manganese (FeMn) and Silico-manganese (SiMn). Both the alloys are largely used in Steel industry. Ferro-manganese adds strength, toughness and other properties to steel. Silico manganese provides additional silicon which is a stronger De-oxidant in manufacturing steel. The company also generates revenue from its trading activities of manganese ore, used as a raw material in manufacturing Ferro alloys
Important Details – Jainam Ferro Alloys
| Date | Details |
|---|---|
| March 06, 2014 | The company was originally incorporated as “Jainam Infraways Private Limited”, Chhattisgarh. |
| June 26, 2018 | The company was converted into a Public Limited Company |
| July 10, 2018 | The name of the company was changed from “Jainam Infraways Private Limited” to “Jainam Infraways Limited” |
| August 08, 2018 | The name of the company was changed from “Jainam Infraways Limited” to “Jainam Ferro Alloys (I) Limited” |
Objects of the Issue
- To meet Working Capital requirements
- General Corporate Purpose
- To meet offer related expenses
Jainam Ferro Alloys Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in Lakhs) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 5,241.86 | 3,919.46 | 4,022.85 |
| Total income | 10,251.73 | 12,233.62 | 13,239.76 |
| Total Expenses | 9,817.59 | 12,121.06 | 12,835.37 |
| Profit After Tax | 311.77 | 86.41 | 288.57 |
Jainam Ferro Alloys IPO Price – Details
| Description | JAINAM IPO Details |
|---|---|
| Public Issue | Initial Public Offer of up to 28,02,000 Equity Shares of ₹ 10 (aggregating up to ₹ 19.61 crores), comprising of a fresh issue of 13,02,000 Equity Shares (aggregating up to ₹ 9.11 crores) and offer for sale of 15,00,000 Equity Shares (aggregating to ₹ 10.50 crores) |
| Issue Open Date | 28-Sep-21 |
| Issue Close Date | 30-Sep-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 70 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | JAINAM |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Jainam Ferro Alloys IPO DRHP & RHP
Jainam Ferro Alloys IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,40,000 |
| Maximum | 1 | 2000 | ₹ 1,40,000 |
Jainam Ferro Alloys IPO Lead Managers
- Hem Securities Limited
Jainam Ferro Alloys Registrar
- Bigshare Services Private Limited
Jainam Ferro Alloys IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 28-Sep-21 |
| Bid / Offer Closes on | 30-Sep-21 |
| Finalisation of Basis of Allotment | 05-Oct-21 |
| Initiation of refunds | 06-Oct-21 |
| Credit of the Equity Shares | 07-Oct-21 |
| Commencement of trading – Listing | 08-Oct-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Total income, for Financial Year 2021 (in ₹ crores) | EPS (Rs.) |
| Jainam Ferro Alloys (I) Limited | 10 | 102.52 | 3.37 |
| Maithan Alloys Ltd | 10 | 1,643.75 | 79.02 |
| Shyam Century Ferrous Limited | 1 | 135.80 | 0.13 |
Company Registered Office
Plot No. 103 to 113 & 130 to 136/A & 137,
Sector-C, Urla Industrial Area,
Raipur, Chhattisgarh – 492003, India
Website: www.jainamferro.com
Company Promoters
- Mr. Archit Parakh
- Mr. Aditya Parakh
Jainam Ferro Alloys IPO – FAQS
What is the Jainam Ferro Alloys IPO Price?
The Jainam Ferro Alloys IPO price band is 70 per share
When Jainam Ferro Alloys IPO will open?
The Jainam Ferro Alloys IPO opens on Sep 28, 2021 and closes on Sep 30, 2021
What is the lot size of Jainam Ferro Alloys IPO?
The Jainam Ferro Alloys IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for Jainam Ferro Alloys IPO?
The Registrar for Jainam Ferro Alloys IPO is Bigshare Services Private Limited
How to apply in Jainam Ferro Alloys IPO through UPI?
Check the step by step process here – Click here
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