Jainam Ferro Alloys (I) Ltd IPO |
Registered Office:
Plot No.103 & 130 to 136/A &,137 Sector-C Urla Indust. Area
,
Raipur
-
492003
,
Chattisgarh
, India.
Phone :
91-771-4700109 Fax:
Email : cs@jainamferro.com
Website : www.jainamferro.com
|
| Initial public offer of 28,02,000 equity shares of face value of (Rs)10.00/- each ("Equity Shares") of Jainam Ferro Alloys (I) Limited ("JFAIL" or the "Company" or the "Issuer") for cash at a price of (Rs)70/- per equity share including a share premium of (Rs)60/- per equity share (The "Offer Price") aggregating to (Rs)19.61 crores ("The Offer") comprising of a fresh issue of 13,02,000 equity shares aggregating to (Rs)9.11 crores (The "Fresh Issue") and an offer for sale of 15,00,000 equity shares by the selling shareholders ("Offer for Sale") aggregating to (Rs)10.50/- crores of which 1,50,000 equity shares of face value of (Rs)10/- each for cash at a price of
(Rs)70/- per equity share including a share premium of (Rs)60/- per equity share aggregating to (Rs)1.05 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e net offer of 26,52,000 equity shares of face value of (Rs)10.00/- each at a price of (Rs)70/- per equity share including a share premium of (Rs)60/- per equity share aggregating to (Rs)18.56 crores (The "Net Offer"). The offer and the net offer will constitute 26.53% and 25.11% respectively of the post offer paid up equity share capital of the company.
The face value of the equity share is (Rs)10/- each. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 28-Sep-21 |
30-Sep-21 |
(Rs)70.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
9.11 |
|
| Project Financed through Current Offer |
19.61 |
|
| Post Issue Equity Share Capital |
10.56 |
|
| Issue Price |
(Rs)70.00 |
|
|