IPO Trending
JAINAMSME / NSEListed

Jainam Ferro Alloys (I) Limited

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.

₹70 - ₹70Open
Listed Price73.00
Listing Gain+4.29%
TimelineFixed Price Issue IPO
Open28 Sep 2021
Close30 Sep 2021
Allotment05 Oct 2021
Listing08 Oct 2021

Quota Reservation Portions

Market MakerPortion: 1,50,000 shares
5.35%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,40,000
HNI2 lots / 4,000 shares
₹2,80,000

About the Company

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.

Company Promoters

Mr. Archit ParakhMr. Aditya Parakh