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IPO

IPO Details


Jainam Ferro Alloys (I) Ltd
Registered Office: Plot No.103 & 130 to 136/A &, 137 Sector-C Urla Indust. Area, Raipur - 492003, Chattisgarh
Phone: 91-771-4700109
Email: cs@jainamferro.com
Website: www.jainamferro.com
Initial public offer of 28,02,000 equity shares of face value of Rs. 10.00/- each (Equity Shares) of Jainam Ferro Alloys (I) Limited (JFAIL or the Company or the Issuer) for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share (The Offer Price) aggregating to Rs. 19.61 crores (The Offer) comprising of a fresh issue of 13,02,000 equity shares aggregating to Rs. 9.11 crores (The Fresh Issue) and an offer for sale of 15,00,000 equity shares by the selling shareholders (Offer for Sale) aggregating to Rs. 10.50/- crores of which 1,50,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share aggregating to Rs. 1.05 crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer less the market maker reservation portion i.e net offer of 26,52,000 equity shares of face value of Rs. 10.00/- each at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share aggregating to Rs. 18.56 crores (The Net Offer). The offer and the net offer will constitute 26.53% and 25.11% respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-2021 30-Sep-2021 ₹ 70.00 ₹ 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(₹)Cr. Lead Managers to the Issue
Project Cost 9.11 Hem Securities Ltd
Project Financed through Current Offer 19.61
Post Issue Equity Share Capital 10.56
Issue Price ₹70.00
Projects
To Meet Working Capital Requirements
General Corporate Purpose
Promoted By
Archit Parakh
Aditya Parakh
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

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