Jainam Ferro Alloys IPO will be Open Date is 28 September 2021 and closes on 30 September 2021. The company has fixed the price of this IPO at ₹70 according to the face value of ₹10. The company will raise ₹19.61 Crores through this IPO under the 28,02,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue.
Jainam Ferro Alloys (I) Limited is among India’s leading manufacturers and exporters of niche value-added manganese alloys. The company has emerged as a reputed provider of customized manganese alloys to large and growing steel companies the world over
Jainam Ferro Alloys manufacturing two types of Ferro Alloys namely, Ferro Manganese (FeMn) and Silico-manganese (SiMn). Both the alloys are largely used in the Steel industry. Ferro-manganese adds strength, toughness, and other properties to steel. Silicomanganese provides additional silicon which is a stronger De-oxidant in manufacturing steel. Our Company also generates revenue from its trading activities of manganese ore, used as a raw material in manufacturing Ferroalloys.
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Jainam Ferro Alloys IPO Review :
■ Apply Long Term Or Avoid
Jainam Ferro Alloys IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 28 September 2021 |
| IPO Close : | 30 September 2021 |
| IPO Size : | ₹19.61. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹70 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹19.61. Cr |
| Fresh Issue : | ₹9.11. Cr |
| Offer For Sale : | ₹10.50. Cr |
Jainam Ferro Alloys IPO Market Lot :
Jainam Ferro Alloys IPO Minimum Market lot is 1 Lot with 2000 shares with ₹140,000 Application amount. The retail investors can apply up to 1 lot with 2000 Shares or ₹140,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 2000 |
| Minimum Amount : | ₹140,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 2000 |
| Maximum Amount : | ₹140,000 |
Jainam Ferro Alloys IPO Shares Offer :
A total of 28,02,000 shares are to be bid for the public issue by Jainam Ferro Alloys IPO with 13,02,000 for Fresh issue and 15,00,000 for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 13,02,000 | ₹9.11 Cr |
| Offer For Sale : | 15,00,000 | ₹10.50 Cr |
| Total : | 28,02,000 Eq Shares | ₹19.61 Cr |
Jainam Ferro Alloys IPO Reservation :
Jainam Ferro Alloys IPO Total Reservation of 28,02,000 shares are to be bid for the public issue by Jainam Ferro Alloys IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹ |
| NII : | 50% | 13,26,000 | ₹9.28 Cr |
| RII : | 50% | 13,26,000 | ₹9.28 Cr |
| MMRP : | – % | 150,000 | ₹1.05 Cr |
| Total : | 100% | 28,02,000 | ₹19.61 Cr |
Jainam Ferro Alloys IPO Dates :
Jainam Ferro Alloys IPO Date is 28 September 2021 and closes on 30 September 2021. The allotment will be finalized on 5 October 2021 and the IPO may list on 8 October 2021.
| Issue Ope Date : | 28 September 2021 |
| Issue Close Date : | 30 September 2021 |
| Allotment Date : | 5 October 2021 |
| Refund Date : | 6 October 2021 |
| Share Credit Date : | 7 October 2021 |
| Listing Date : | 8 October 2021 |
Jainam Ferro Alloys IPO Form :
There are two ways to apply in Jainam Ferro Alloys IPO. You can apply for Jainam Ferro Alloys IPO through ASBA available in your bank account. You have to go to your online bank login and select Jainam Ferro Alloys IPO in the Invest section and apply through your bank account. Another option is you can apply Jainam Ferro Alloys IPO through IPO form download through NSE and BSE. See the Jainam Ferro Alloys IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Jainam Ferro Alloys Company Financial Report (Lakh) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹10251.73 | ₹9817.59 | ₹311.77 |
| 2020 | ₹12233.62 | ₹12121.06 | ₹86.41 |
| 2019 | ₹13239.76 | ₹12835.37 | ₹288.57 |
About Jainam Ferro Alloys Company
Our Company was originally incorporated as Jainam Infraways Private Limited in March 2014. We are currently manufacturing two types of Ferro Alloys namely, Ferro Manganese (FeMn) and Silico-manganese (SiMn). Both the alloys are largely used in the Steel industry. Ferro-manganese adds strength, toughness, and other properties to steel. Silicomanganese provides additional silicon which is a stronger De-oxidant in manufacturing steel. Our Company also generates revenue from its trading activities of manganese ore, used as a raw material in manufacturing Ferroalloys.
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we started commercial production of Ferroalloys of the different grades with one furnace having a designed capacity of 9 MVA with 5000 KVA power load. In June 2017, the company started another furnace having a designed capacity of 6 MVA with a 4000 KVA power load for the same manufacturing activity.
The products manufactured by our Company are primarily used in the manufacturing of steel and in foundry activities. It is used as an alloying element that enhances some key physical properties of steel like elasticity, ultimate tensile, strength, and toughness, etc. Sometimes the addition of some elements in the form of alloys is done deliberately to liquid steel for developing abrasion resistance, wear resistance and corrosion resistance properties.
Apart from using manganese alloys for alloying the steel, they are also widely used for deoxidizing, desulphurization & refining of steel. Phosphorus and other elements can also be controlled depending on customer specifications. Smaller quantities of alloys are used as reductants in order to produce other metals. Besides their use in plain carbon steel and alloy steel plants, Ferroalloys are consumed by the foundries and electrode industries. A very specific application of refined manganese alloys is a constituent in the coating of welding electrodes. In ceramic industries, manganese alloys are used in small quantities.
As per the Restated Financial statements, our revenue from operations for the Financial year ended on March 31, 2021, 2020, and 2019 was ₹ 10152.95 lakhs, ₹ 12144.46 lakhs, and ₹ 13159.30 lakhs, respectively. Our Profit after Tax for a similar period was ₹ 311.77 lakhs, ₹ 86.41 lakhs, and ₹ 288.57 lakhs respectively.
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Company Strength
- Quality Assurance
- Technical expertise and Operational Excellence
- Strategic location of manufacturing unit
- Strong & long-term relationship with our clients
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Company Promoters :
■ Mr. Archit Parakh
Jainam Ferro Alloys Board of Directors
| Name | Designation |
| Mr. Archit Parakh | Chairman and Managing Director |
| Mr. Arpit Parakh | Whole Time Director |
| Mrs. Namita Bai Parakh | Non-Executive Director |
| Mr. Ramakant Sarda | Independent Director |
| Mr. Nandkishor Bhutda | Independent Director |
| Mr. Gyan Das Manikpuri | Non-Executive Director |
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Jainam Ferro Alloys IPO Lead Managers :
■ Hem Securities Limited
Jainam Ferro Alloys IPO Registrar :
BIGSHARE SERVICES PRIVATE LIMITED
Address:-1 st Floor,
Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road, Marol,
Andheri East, Mumbai – 400059, Maharashtra, India
Tel No.:+91-022-6263 8200
Fax No.: +91-022-6263 8299
Email:[email protected]
Investor Grievance Email: [email protected]
Website:www.bigshareonline.com
Note: Check Jainam Ferro Alloys IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Jainam Ferro Alloys (I) Limited
Plot No. 103 to 113 & 130 to 136/A & 137, Sector-C,
Urla Industrial Area, Raipur, Chhattisgarh – 492003, India.
Tel. No. +91 771 4700109
E-mail: [email protected]
Website: www.jainamferro.com
Jainam Ferro Alloys IPO FAQs :
What is Jainam Ferro Alloys IPO?
Jainam Ferro Alloys IPO is SME IPO. They are going to raise ₹19.61. Crores via IPO. The issue is priced at ₹70 per equity share. The IPO is to be listed on NSE, SME.
When Jainam Ferro Alloys IPO will open?
The IPO is to open on 28 September 2021 and closes on 30 September 2021 for QIB, NII & RII.
What is Jainam Ferro Alloys IPO Size?
Jainam Ferro Alloys IPO size is ₹19.61 Crores.
What is the Fresh issue size of Jainam Ferro Alloys IPO?
The Fresh issue size of Jainam Ferro Alloys IPO ₹9.11 Cr.
What is the Offer For Sale size of Jainam Ferro Alloys IPO?
The Offer For Sale size of Jainam Ferro Alloys IPO ₹10.50 Cr.
What is Jainam Ferro Alloys IPO Price Band?
Jainam Ferro Alloys IPO Price Band is ₹70 Per share.
What is Jainam Ferro Alloys IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹140,000 amount while the maximum bid is 2000 shares with ₹140,000.
What is Jainam Ferro Alloys IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Jainam Ferro Alloys IPO Allotment Date?
Jainam Ferro Alloys IPO allotment date is 5 October 2021.
What is Jainam Ferro Alloys IPO Listing Date?
Jainam Ferro Alloys IPO listing date is 8 October 2021. The IPO to list on BSE, SME.
How to Apply the Jainam Ferro Alloys IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Jainam Ferro Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Jainam Ferro Alloys IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Jainam Ferro Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Jainam Ferro Alloys IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Jainam Ferro Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Jainam Ferro Alloys IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Jainam Ferro Alloys IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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