
Jainam Ferro Alloys (I) Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹70
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
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.