Jainam Ferro Alloys (I) Limited IPO (Jainam Ferro Alloys IPO)

Jainam Ferro Alloys IPO 2021
Upcoming Jainam Ferro Alloys IPO | new Jainam Ferro Alloys IPO

Jainam Ferro Alloys (I) Limited has participated in the production of two types of Ferro Alloys – Ferro Manganese (FeMn) and Silico manganese (SiMn), which are widely used in the Steel industry. The company also generates revenue from its commercial activities of manganese ore, which is used as raw material in the production of Ferro alloys.

The company receives most of its revenue from Ferro Manganese. The company has its own registered office and production facility in Raipur, Chattisgarh.

Jainam Ferro Alloys IPO

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 Promoters

Mr. Archit Parakh and Mr. Aditya Parakh are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in millions)
31-Mar-2131-Mar-2031-Mar-19
Total Assets524.18391.94402.28
Total Revenue1025.171223.361323.97
Profit After Tax31.178.6428.85

Objects Of The Issue

  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • Offer Expenses.
Jainam Ferro Alloys IPO
Object Of The Issue

Jainam Ferro Alloys IPO Details

IPO Opening DateSep 28, 2021
IPO Closing DateSep 30, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹70 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME
Issue Size2,802,000 Eq Shares of ₹10
(aggregating up to ₹19.61 Cr)
Fresh Issue1,302,000 Eq Shares of ₹10
(aggregating up to ₹9.11 Cr)
Offer for Sale1,500,000 Eq Shares of ₹10
(aggregating up to ₹10.50 Cr)

Jainam Ferro Alloys IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹140,000
Maximum12000₹140,000

Jainam Ferro Alloys IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.47%

Company Contact Information

Jainam Ferro Alloys (I) Limited

Plot No. 103 to 113 & 130 to 136/A & 137,
Urla Industrial Area, Raipur,
Chhattisgarh – 492003, India

Phone: 771 4700109
Email: cs@jainamferro.com
Websitehttp://www.jainamferro.com/

Jainam Ferro Alloys IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://www.bigshareonline.com

Jainam Ferro Alloys IPO Lead Manager(s)

1. Hem Securities Limited

Jainam Ferro Alloys IPO FAQs

When Jainam Ferro Alloys IPO IPO will open?

The Jainam Ferro Alloys IPO dates are 28 Sep 2021 To 30 Sep 2021.
What is the lot size of Jainam Ferro Alloys IPO?

Jainam Ferro Alloys IPO lot size and the minimum order quantity is 2000 Shares.
How to apply for Jainam Ferro Alloys IPO?

You can apply in Jainam Ferro Alloys IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Jainam Ferro Alloys IPO listing date?

The Jainam Ferro Alloys IPO listing date is not announced. The date of Jainam Ferro Alloys IPO listing is [].