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Jainam Ferro Alloys (I) Limited logo

Jainam Ferro Alloys (I) Limited IPO

SME IPOListedJAINAMNSE
Current Market Price (CMP)
₹140(+100.00%)
Current Price (CMP)
₹140(+100.00%)

Live Market Quote

Listing Price & Gain
₹73(+4.29%)

Day 1 Exchange Open

IPO Issue Price
₹70

Band: ₹70

Total Subscription
4.12x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
28 Sept 2021
IPO Bidding Closes
30 Sept 2021
Allotment & Refunds
Completed
Exchange Listing Day
08 Oct 2021

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 4.12x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0.25x
Non-Institutional Investors (NII / HNI)5.35x
Retail Individual Investors (RII)7.07x
Total Subscription4.12x
Updated as on 30-Sep-2021 17:00:00

Listing Day & Return Performance

Listing Day Gain+4.29%
₹70 (Issue) → ₹73 (List)
Per share profit: +₹3.00
Holding Return (Till Date)+100.00%
₹70 (Issue) → ₹140 (CMP)
Net gain per share: +₹70.00
Post-Listing Performance (Listing Day → Today):+91.78%

About Jainam Ferro Alloys (I) Limited IPO

Jainam Ferro Alloys (I) Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 28 Sept 2021 and concluded on 30 Sept 2021, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹70.

During the bidding window, Jainam Ferro Alloys (I) Limited recorded an overall subscription of 4.12 times. Institutional investors (QIB) subscribed 0.25x, non-institutional high-net-worth investors (NII) subscribed 5.35x, and retail individual investors (RII) bid 7.07x their reserved quota.

The equity shares of Jainam Ferro Alloys (I) Limited officially debuted on the stock exchanges on 08 Oct 2021 at an opening listing price of ₹73, delivering a listing day return of +4.29% (premium) over the final issue price. As per the latest market data, the stock trades at ₹140, representing an overall gain of +100.00% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Jainam Ferro Alloys (I) Limited IPO?
The issue price of Jainam Ferro Alloys (I) Limited IPO was fixed at ₹70 per equity share. The indicative bidding price band was ₹70.
What were the open, close, and listing dates for Jainam Ferro Alloys (I) Limited IPO?
Jainam Ferro Alloys (I) Limited IPO opened on 28 Sept 2021, closed on 30 Sept 2021, listed on 08 Oct 2021.
How much was Jainam Ferro Alloys (I) Limited IPO subscribed?
The IPO received an overall subscription of 4.12 times. Category-wise, QIBs subscribed 0.25x, NIIs subscribed 5.35x, and Retail investors subscribed 7.07x.
What was the listing price and listing gain of Jainam Ferro Alloys (I) Limited IPO?
Jainam Ferro Alloys (I) Limited IPO listed on the stock exchange at ₹73, delivering a listing gain of 4.29% compared to the IPO issue price of ₹70.
Is Jainam Ferro Alloys (I) Limited IPO a Mainboard or SME IPO?
Jainam Ferro Alloys (I) Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Jainam Ferro Alloys (I) Limited IPO since its IPO?
At the latest market quote of ₹140, Jainam Ferro Alloys (I) Limited IPO has generated an all-time return of +100.00% since its initial public offering.

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