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Jainam Ferro Alloys (I) IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Chattisgarh and caters to Steel - Iron sector. Hem Securities is the merchant banker of Jainam Ferro Alloys (I) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd September 2021.
Jainam Ferro Alloys (I) IPO open date is 28th September 2021 and close date is 30th September 2021. IPO Allotment Date is 5th October 2021 and Listing date is 8th October 2021.
IPO
Size:
₹ 19.61 Cr.
Avg IPO Size (Sector Based)
: ₹
30.81 cr.
Sector: Steel - Iron
SME
IPO so far:
7
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Chattisgarh
SME
IPO so far:
2
Revenue (annualised):
₹
102.52
cr. 
PE
Ratio:
23.73x
Average Sector PE Ratio: 17.40x
Jainam Ferro Alloys (I) IPO size is ₹ 19.61 Cr. with IPO price of ₹ 70.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Jainam Ferro Alloys (I) IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Jainam Ferro Alloys (I) IPO.
Jainam Ferro Alloys (I) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 19.61 Cr.
Avg IPO Size (Sector Based)
:
₹ 30.81 Cr.
Sector: Steel - Iron
SME
IPO so far:
7
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Chattisgarh
SME
IPO so far:
2
Revenue (annualised):
₹ 101.52 cr.
PE
Ratio:
23.73x
Average Sector PE Ratio: 17.40x
Jainam Ferro Alloys (I) IPO, based in Chattisgarh, operates in the Steel - Iron sector with a focus on Manufacturing of Tyres. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Jainam Ferro Alloys (I) IPO size is ₹ 19.61 Cr. with fresh issue size of ₹ 19.61 Cr. and Offer for sale being ₹ 19.61Cr..
The IPO allotment date for Jainam Ferro Alloys (I) IPO is expected to be 5th October 2021, after the finalization of basis of allotment. Investors can check Jainam Ferro Alloys (I) IPO allotment status on the registrars website, Bigshare Services Private Limited. Jainam Ferro Alloys (I) IPO refund dates are 6th October 2021.
Jainam Ferro Alloys (I) IPO is expected to be listed on 8th October 2021.
The upper price band for the Jainam Ferro Alloys (I) IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Jainam Ferro Alloys (I) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Jainam Ferro Alloys (I) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th September 2021. After submission, funds are blocked until the basis of allotment of Jainam Ferro Alloys (I) IPO is finalised.
The merchant banker for Jainam Ferro Alloys (I) IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Jainam Ferro Alloys (I) IPO RHP for further details.
The registrar for Jainam Ferro Alloys (I) IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Jainam Ferro Alloys (I) IPO through their official website or helpline.
Jainam Ferro Alloys (I) IPO was subscribed 6.65 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Jainam Ferro Alloys (I) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Jainam Ferro Alloys (I) Financial Review Page
Merchant Banker(s) of Jainam Ferro Alloys (I) IPO: Hem Securities Limited
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 240.00.
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