Jainam Ferro Alloys IPO Subscription Details

Fixed Price IPO | ₹20 Cr | Listed at NSE SME | Tue, Sep 28, 2021 - Thu, Sep 30, 2021

Basis of Allotment - Jainam Ferro Alloys IPO

Details NII Retail Total
Allocation (No. of shares)13,26,00013,26,00026,52,000
Allotment price (Rs.)707070
No.of applications1042,7962,900
No.of shares applied75,96,00055,92,0001,31,88,000
Amount collected (Rs.cr.)53.17 39.14 92.32
No.of times subscribed5.734.224.97
No.of shares allotted13,26,00013,26,00026,52,000
Amount (Rs.cr.)9.28 9.28 18.56
No.of allottees92663755

IPO Shares Offered

Jainam Ferro Alloys IPO is a public issue of 0.27 Cr equity shares. The issue offers 0.13 Cr shares to retail investors , 0.13 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,50,0001.05 5.35%
Other 13,26,0009.28 47.32%
Retail13,26,0009.28 47.32%
Total28,02,00019.61 100%

IPO Subscription FAQs

The Jainam Ferro Alloys IPO is subscribed 6.6493 times by Sep 30, 2021 17:00.

Jainam Ferro Alloys IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional6.2323
Retail Individual7.0664
Total Subscription6.6493

Retail category of Jainam Ferro Alloys IPO subscribed 7.0664 times as of date Sep 30, 2021 17:00. The public issue closes on Thu, 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 6.6493 times by Sep 30, 2021 17:00.

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

The Jainam Ferro Alloys IPO listing date is October 8, 2021. The equity share of Jainam Ferro Alloys IPO 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 OnTuesday, September 28, 2021
IPO Closes OnThursday, September 30, 2021
Finalisation of Basis of AllotmentTuesday, October 5, 2021
Initiation of RefundsWednesday, October 6, 2021
Credit of Shares to Demat AccountThursday, October 7, 2021
IPO Listing DateFriday, October 8, 2021
Open an Instant Account with Zerodha