Jainam Ferro Alloys IPO Subscription Status Live

Jainam Ferro Alloys IPO Subscription Status Live

Jainam Ferro Alloys IPO Subscription starts from 28 Sep, 2021 and it will close on 30 Sep, 2021. In Jainam Ferro Alloys IPO , The Retail Portion is 50%. Jainam Ferro Alloys IPO minimum lot size is 2000 shares with ₹140,000 price and maximum lot size is 1 lots with ₹140,000 price. Jainam Ferro Alloys IPO will raise ₹19.61 crores through this IPO. We have shared here Jainam Ferro Alloys IPO Subscription Status Live Data for Consumers.

Jainam Ferro Alloys IPO Subscription Status (Day by Day)


Jainam Ferro Alloys IPO Live Subscription Status

Date NII (x) Reatil (x) Total (x)
28 Sep, 2021 05:00 PM 1.01 1.27 1.14
29 Sep, 2021 05:00 PM 1.90 3.27 2.58
30 Sep, 2021 05:00 PM 6.23 7.07 6.65

Jainam Ferro Alloys IPO Shares Offered

Jainam Ferro Alloys IPO offers 13,26,000 shares to retail investors, 13,26,000 shares to NII investors. So Jainam Ferro Alloys IPO offers total of 26,52,000 shares to investors.
Category Shares Offered
NII 13,26,000
Reatil 13,26,000
TOTAL 26,52,000

Jainam Ferro Alloys IPO Date, Detail

IPO Issue Opening DateSep 28, 2021
IPO Issue Closing DateSep 30, 2021
Issue TypeFixed Issue IPO
Face Value₹10 per share
IPO Price Range₹70 per share
Lot Size2000 Shares
Listing AtSME, NSE
Issue Size₹19.61 Cr
Fresh Issue₹9.11 Cr
Offer for Sale₹10.50 Cr
Retail Portion50%

Jainam Ferro Alloys IPO Company Overview & Details

Jainam Ferro Alloys (I) Limited is India's leading manufacturers and exporter of manganese alloys. The Company supplies manganese alloys to many large and small steel companies in the world. Ferro Manganese and Silico manganese are the main product of Jainam Ferro Alloys.

Company Strengths:

  • Strong experienced management and sales teams.
  • Good financial performance records.
  • ISO Certified company.


Jainam Ferro Alloys IPO Lot Size

The Jainam Ferro Alloys IPO market lot size is 2000 shares. An individual investor can apply for up to 1 lots.
Application Lots Shares Amount (Cut-off)
Minimum12000₹140,000
Maximum12000₹140,000

Jainam Ferro Alloys IPO Listing & Allotment Timetable

IPO Open Date Sep 28, 2021
IPO Close Date Sep 30, 2021
Allotment Date Oct 05, 2021
Initiation of Refunds Oct 06, 2021
Credit of Shares to Demat Account Oct 07, 2021
IPO Share Listing Date Oct 08, 2021

Jainam Ferro Alloys Company Financial Report

Year Assets (Rs. million) Revenue (Rs. million) Profit (Rs. million)
March-2021 ₹524.18 ₹1025.17 ₹31.17
March-2020 ₹391.94 ₹1223.36 ₹8.64
March-2019 ₹402.28 ₹1323.97 ₹28.85

Jainam Ferro Alloys IPO Subscription FAQs

What is Jainam Ferro Alloys IPO open Date?
Jainam Ferro Alloys IPO opens on Sep 28, 2021.

How much Jainam Ferro Alloys IPO subscribed?
Jainam Ferro Alloys IPO is subscribed 6.65 times till Sep 30, 2021.

How much Jainam Ferro Alloys IPO retail subscription subscribed?
Jainam Ferro Alloys IPO retail portion is subscribed 7.07 times till Sep 30, 2021.

How much Jainam Ferro Alloys IPO NII subscription subscribed?
Jainam Ferro Alloys IPO NII is subscribed 6.23 times till Sep 30, 2021.

What is Jainam Ferro Alloys IPO Listing Date?
Jainam Ferro Alloys IPO listing date is Oct 08, 2021.

Comments for Investors

This Detail is based on news that we get from the internet, so the data may vary sometimes. We are just giving information about Jainam Ferro Alloys IPO subscription with Details.
;