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Jainam Ferro Alloys IPO Details

Issue Open Sep 28, 2021
Issue Close Sep 30, 2021
IPO Price ₹70
Face Value ₹10
IPO Size ₹19.61 Cr
Listing At NSE SME
IPO Lot Size 2000

Jainam Ferro Alloys IPO Date & Price

The Jainam Ferro Alloys IPO opens on Sep 28, 2021 and closes on Sep 30, 2021.

Jainam Ferro Alloys IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Sep 28, 2021
  • Bid/Offer Closes On: Sep 30, 2021
  • Finalization of Basis of Allotment: Oct 5, 2021
  • Initiation of refunds: Oct 6, 2021
  • Credit of Equity Shares: Oct 7, 2021
  • Listing Date: Oct 8, 2021

Jainam Ferro Alloys IPO price is set at ₹70 per equity share.

Jainam Ferro Alloys IPO will close for subscription at 5 PM on Sep 30, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The Jainam Ferro Alloys IPO starts on Sep 28, 2021. The issue ends on Sep 30, 2021.

Jainam Ferro Alloys IPO Issue Size and Subscription Status

The Jainam Ferro Alloys IPO size is 2802000 Equity Shares of ₹10 aggregating up to ₹19.61 Cr.

Jainam Ferro Alloys (I) Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Jainam Ferro Alloys IPO shares through the banks (using ASBA) or through the broker (using UPI).

Jainam Ferro Alloys IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,326,000 Shares
Retail Individual Investor (RII)1,326,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,652,000 Shares

Jainam Ferro Alloys IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)6.23 times times
Retail Individual Investor (RII)7.07 times times
Employee Reservations times
Other Reservations times
Total Issue Size6.65 times times

Click here to check the Jainam Ferro Alloys IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Jainam Ferro Alloys IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Jainam Ferro Alloys IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Jainam Ferro Alloys IPO Allotment and Listing

The Jainam Ferro Alloys IPO allot status will be available online on Oct 5, 2021. Check the Jainam Ferro Alloys IPO Allotment Status here.

Click here to check Jainam Ferro Alloys IPO Allotment Status.

Jainam Ferro Alloys IPO listing Date is Oct 8, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Jainam Ferro Alloys IPO listing date and time is published by the exchange in a circular.

Click here to view the Jainam Ferro Alloys IPO Basis of Allotment.

It is hard to say at what price Jainam Ferro Alloys IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Jainam Ferro Alloys IPO shares will list on Oct 8, 2021 at NSE SME.

Jainam Ferro Alloys IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Jainam Ferro Alloys IPO which could help you with questions like Jainam Ferro Alloys IPO buy or not? You should also read Jainam Ferro Alloys IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Jainam Ferro Alloys IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Jainam Ferro Alloys IPO performance. The performance reports are available 1 day after listing.