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Open
28 Sep 2021
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Close
30 Sep 2021
3
Allotment
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Listing
Fri, Oct 8, 2021
Price Band
₹70 per share
Issue Size
28,02,000 shares (agg. up to ₹20 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Oct 8, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.97x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 52.42 | 39.19 | 40.23 |
| Total Income | 102.52 | 122.34 | 132.40 |
| Profit After Tax | 3.12 | 0.86 | 2.89 |
| EBITDA | 5.34 | 3.17 | 5.43 |
| NET Worth | 23.90 | 19.06 | 19.42 |
| Reserves and Surplus | 14.64 | 9.80 | 10.17 |
| Total Borrowing | 0.00 | 1.18 | 0.04 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 6.78 |
| 2 | General Corporate Purpose | 1.85 |
About Jainam Ferro Alloys IPO
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. + Read More
Contact Details
Jainam Ferro Alloys (I) Ltd. AddressPlot No.103 to 113& 130 to 136/A & 137Urla Industrial AreaRaipur, Chhattisgarh, 492003771 4700109cs@jainamferro.comVisit Website