【Ferro-alloys.com】Finally, the Initial Public Offer of the company Jainam Ferro Alloys is here and ready,  to step in the Dalal Street. The Jainam Ferro Alloys IPO will be open from September 28, 2021. The DRHP of this IPO has been filed months ago and now the company has shared various details like Share price, market lot, issue size offer for sale and various others also. To know the complete information you have to read this report till the last word. Also, know about the company’s primary work and what is the financial position right now.

The company Jainam Ferro Alloys is known for its manufacturing work of two types of Ferro Alloys – Ferro Manganese (FeMn) and Silicomanganese (SiMn), largely used in the Steel industry. Besides this Jainam Ferro Alloys also earn revenue from trading activities of manganese ore, used as a raw material. They are using this raw material in the manufacturing of Ferro Alloys. It is an ISO-certified company and working for many years. The trust of its clients around the world is the biggest key to their success. The trust has been built because of the good quality product.

Jainam Ferro Alloys IPO Date

The IPO is all set to open from the 28th September 2021 and according to the available detail, it will be closed too soon on 30th September 2021. So you have to be alert for this IPO and apply for it if you want.

Jainam Ferro Alloys IPO Price

Jainam Ferro Alloys IPO is all set to come with a budget price. The per equity share price has been revealed by the underwriter. According to the details, the Jainam Ferro Alloys IPO price is available at Rs 70 per equity share. Now you can buy the share at this initial price.

Jainam Ferro Alloys IPO Issue Size

The Issue size of this IPO has been announced by the company. It is a Rs 19.61 Crore Initial Public Offer. So definitely you have a huge probability of selection in this IPO. There are around 2,802,000 Equity shares available in the market during the IPO period.

Jainam Ferro Alloys IPO Market Lot

Talking about the market lot, Jainam Ferro Alloys IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ?140,000).

Jainam Ferro Alloys IPO Listing

Now the question arises that when the IPO will be list on the exchange. So we want to tell you that the Jainam Ferro Alloys IPO will be list on the exchange on October 8, 2021. While the allotment of shares will take place on October 5, 2021. The refund will be initiated by the company on October 6, 2021.

• [Editor:zhaozihao]