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Jainam Ferro Alloys IPO Subscription Details (Live Status)

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
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Jainam Ferro Alloys IPO Subscription Status Live

Jainam Ferro Alloys IPO subscribed 6.65 times. The public issue subscribed 7.07 times in the retail category, [.] times in QIB, and 6.23 times in the NII category by Sep 30, 2021.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers6.23
Retail Investors7.07
Employees[.]
Others[.]
Total6.65

Jainam Ferro Alloys IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Sep 28, 2021
1.011.271.14
Day 2
Sep 29, 2021
1.903.272.58
Day 3
Sep 30, 2021
6.237.076.65

Jainam Ferro Alloys IPO Shares Offered

Jainam Ferro Alloys IPO is a public issue of 2,652,000 equity shares. The issue offers 1,326,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,326,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
NII1,326,0009.2850.00%
Retail1,326,0009.2850.00%
Total2,652,00018.56100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Jainam Ferro Alloys IPO Subscription FAQs

The Jainam Ferro Alloys IPO is subscribed 6.65 by Sep 30, 2021.

Jainam Ferro Alloys IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional6.23
Retail Individual7.07
Employee Reservations[.]
Others[.]
Total Subscription6.65

Retail category of Jainam Ferro Alloys IPO subscribed 7.07 times as of date Sep 30, 2021. The public issue closes on Sep 30, 2021 for bidding.

An investor can apply in Jainam Ferro Alloys IPO online via bank (using ASBA) or the broker (using UPI). The Jainam Ferro Alloys IPO shares are offered online only.

The Jainam Ferro Alloys IPO is subscribed 6.65 by Sep 30, 2021.

The Jainam Ferro Alloys IPO allotment status is expected on or around Oct 5, 2021. Visit Jainam Ferro Alloys IPO allotment status to check.

The Jainam Ferro Alloys IPO listing date is Friday, October 8, 2021. The equity share of Jainam Ferro Alloys (I) Limited will list on NSE SME.

Visit Jainam Ferro Alloys IPO subscription status page for real-time bidding information about Jainam Ferro Alloys IPO.

Jainam Ferro Alloys IPO Timetable

IPO Opens OnSep 28, 2021
IPO Closes OnSep 30, 2021
Finalisation of Basis of AllotmentOct 5, 2021
Initiation of RefundsOct 6, 2021
Credit of Shares to Demat AccountOct 7, 2021
IPO Listing DateOct 8, 2021