Jainam Ferro Alloys (I) Ltd

- Hem Securities Ltd

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

    • Opens On28 Sep 2021
    • Closes On30 Sep 2021
  • Money Payable On

    • Application70
    • Allotment0
  • Project Cost (Cr.)9.11
  • Post Issue Equity Share Capital (Cr.)10.56
  • Issue Price (D)70

Further Multiples of: 2000

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Bigshare Services Pvt Ltd

    Plot No.103 & 130 to 136/A & 137 Sector-C Urla Indust. Area Raipur

    Chattisgarh- 492003

    Phone - 91-771-4700109

    Fax -

    Email - cs@jainamferro.com

    Website - www.jainamferro.com

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