247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Jainam Ferro Alloys (I) Limited IPO (Jainam Ferro Alloys (I) IPO) Details

Jainam Ferro Alloys (I) Limited is an Steel - Iron based company, located in Chattisgarh, Jainam Ferro Alloys (I) Limited IPO size was 19.61 Cr. and was issued at 70.00 per share. The share of Jainam Ferro Alloys (I) Limited were listed at 73.10 per share and are currently trading at 215.50 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
102.52 Cr.

PAT :
3.12 Cr.

Pricing Report

Issue Price :
70.00

Listing Price :
73.10

Current Market Price :
215.50

Issue Price vs CMP :
145.5 (207.86%)

listing Price vs CMP :
142.4 (194.80%)

Performance Report (CAGR* wise)

CAGR : 40.74
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Jainam Ferro Alloys (I)

Company Information
Jainam Ferro Alloys was originally incorporated as Jainam Infraways Private Limited in March 2014. They are currently manufacturing two types of Ferro Alloys namely, Ferro Manganese (FeMn) and Silico-manganese (SiMn). Both the alloys are largely used in Steel industry. Ferro-manganese adds strength, toughness and other properties to steel. Silico manganese provides additional silicon which is a stronger De-oxidant in manufacturing steel. The Company also generates revenue from its trading activities of manganese ore, used as a raw material in manufacturing Ferro alloys.
Object of Issue
  • To meet Working Capital requirements
  • General Corporate Purposes
  • Offer Expenses

Jainam Ferro Alloys (I) SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2021
IPO Size :
19.61 Cr.
Market Cap :
74.04 Cr.   
IPO Subscription :
6.65 X     
PE Multiple :
23.73
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Jainam Ferro Alloys (I) operates in Steel - Iron and . The Issue is listed on NSE EMERGE in Oct, 2021. Jainam Ferro Alloys (I) IPO size was 19.61 Cr. with Issue price of 70.00 .

Jainam Ferro Alloys (I) IPO subscription was 6.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Jainam Ferro Alloys (I) IPO listed at a listing price of 73.10 against the offer price of 70.00.

The current market price of Jainam Ferro Alloys (I) is 215.50.

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