| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹19.61 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹19.61 Cr |
| Fresh Issue | ₹8.06 Cr |
| Offer for Sale | ₹10.50 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน70.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | JAINAM |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers |
Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Jainam Ferro Alloys (I) Limited has been engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese (FeMn) and Silico manganese (SiMn), largely used in the Steel industry. The company also generates revenue from its trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys.
The company derives the majority of its revenue from Ferro Manganese. The company has its registered office and manufacturing facility at Raipur, Chattisgarh.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 6.78 |
| 2 | General Corporate Purpose | 1.85 |
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 52.42 | 39.19 | 40.23 |
| Total Income | 102.52 | 122.34 | 132.40 |
| Profit After Tax | 3.12 | 0.86 | 2.89 |
| EBITDA | 5.34 | 3.17 | 5.43 |
| NET Worth | 23.90 | 19.06 | 19.42 |
| Reserves and Surplus | 14.64 | 9.80 | 10.17 |
| Total Borrowing | 0.00 | 1.18 | 0.04 |
| Amount in ₹ Crore | |||