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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,400,714 | — | 0.00x |
| Non-Institutional (NII / HNI) | 420,214 | — | 0.00x |
| Retail Individual (RII) | 980,500 | — | 0.00x |
| Total | 2,801,428 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 490 | 490 | 1.00x |
| HNIs (10L +) | 3 | 3 | 1.00x |
| HNIs (2-10L) | 15 | 15 | 1.00x |
| Total Applications | 508 | 508 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Jainam Ferro Alloys (I) Limited Public Issue & Market Profile
Jainam Ferro Alloys (I) Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹19.61 Crores. The shares are offered at a price band of ₹70 to ₹70 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-10-07, while un-allotted funds or UPI block mandates will be released on 2021-10-06.
Frequently Asked Questions
What is Jainam Ferro Alloys (I) Limited IPO GMP today?
Currently, Jainam Ferro Alloys (I) Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹70 to ₹70 per equity share.
What is the expected profit per lot for Jainam Ferro Alloys (I) Limited IPO?
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,40,000. Expected listing price is ₹70 per equity share.
What is the issue size and price band for Jainam Ferro Alloys (I) Limited IPO?
The Jainam Ferro Alloys (I) Limited IPO aggregate issue size is ₹19.61 Crores with an equity price band set at ₹70 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
How can I check Jainam Ferro Alloys (I) Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Jainam Ferro Alloys (I) Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2021-10-05. Investors can verify status using PAN card or application number.
When is the listing date for Jainam Ferro Alloys (I) Limited IPO?
Jainam Ferro Alloys (I) Limited shares are scheduled to list on NSE on 2021-10-08.