Jainam Ferro Alloys (I) Limited
ListedSMEEmerging SME Services · NSE
Jainam Ferro Alloys (I) Limited is involved in making two key types of Ferro Alloys — Ferro Manganese (FeMn) and Silico Manganese (SiMn), which are mainly used in the steel industry. The company also earns from trading manganese ore, which is a key raw material for producing these alloys. Most of the company’s revenue comes from Ferro Manganese. Its head office and manufacturing unit are located in Raipur, Chhattisgarh.
Price Band
₹70
Issue Size
₹19.61 Cr
Lot Size
2000 shares
GMP
—
Est. Listing
₹70
at current GMP
Subscribed
—
Open
28 Sep 2021
Close
30 Sep 2021
Allotment
5 Oct 2021
Refund
6 Oct 2021
Demat Credit
7 Oct 2021
Listing
8 Oct 2021
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹70 - ₹70 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹70 based on current grey market activity