Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹280,000
2 lots × 2000 shares
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 StrengthsAdherence to ISO quality standards.Experienced employees with technical expertise.Ideal geographical location for easy access to laborers and raw material suppliers.Focus on a long-term relationship with customers.Strong experienced management.
Jainam Ferro Alloys (I) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 150,000 | — | ₹1.05 Cr | — |
| TOTAL | 2,802,000 | 100.00% | ₹19.61 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| sNII (Min) | 14 | 28,000 | ₹1,960,000 |
| bNII (Min) | 68 | 136,000 | ₹9,520,000 |
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 102.52 | 122.34 | 132.40 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3.12 | 0.86 | 2.89 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 52.42 | 39.19 | 40.23 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |