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.
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
| Particulars | For the year/period ended (₹ in millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 524.18 | 391.94 | 402.28 |
| Total Revenue | 1025.17 | 1223.36 | 1323.97 |
| Profit After Tax | 31.17 | 8.64 | 28.85 |
Objects Of The Issue
- To meet Working Capital requirements.
- General Corporate Purpose.
- Offer Expenses.
Jainam Ferro Alloys IPO Details
| IPO Opening Date | Sep 28, 2021 |
| IPO Closing Date | Sep 30, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹70 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 2,802,000 Eq Shares of ₹10 (aggregating up to ₹19.61 Cr) |
| Fresh Issue | 1,302,000 Eq Shares of ₹10 (aggregating up to ₹9.11 Cr) |
| Offer for Sale | 1,500,000 Eq Shares of ₹10 (aggregating up to ₹10.50 Cr) |
Jainam Ferro Alloys IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹140,000 |
| Maximum | 1 | 2000 | ₹140,000 |
Jainam Ferro Alloys IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.47% |
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 Website: http://www.jainamferro.com/ |
Jainam Ferro Alloys IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://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 []. |
