SMEClosed

Jainam Ferro Alloys (I) Limited IPO Subscription Status

📅Offer Date: 28 Sept 2021 – 30 Sept 2021

Minimum investment
₹1,40,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total6.65x
QIB6.23x
NII6.23x
Retail7.07x

Jainam Ferro Alloys (I) Limited IPO was subscribed 6.65x in total when bidding closed on 30 Sept 2021, with 6.23x in the QIB category, 6.23x in NII, 7.07x in retail. The issue ran from 28 Sept 2021 to 30 Sept 2021 at a price band of ₹70.00 per share.

QIB6.23xNII6.23xRetail7.07xTotal6.65x1×

Times subscribed by category against the 1× line.

8
≈ 1 in 8 retail allotment
low allotment chance

Based on retail subscription (7.07x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail13,26,00093,74,8207.07x
Total26,52,0001,76,35,8006.65x
QIB / NII13,26,00082,60,9806.23x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail9.2865.627.07x
QIB / NII9.2857.836.23x
Total18.56123.456.65x

Values derived from share count × issue price (₹70.00)

What this means for allotment & listing

Because Jainam Ferro Alloys (I) Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Jainam Ferro Alloys (I) Limited IPO subscription FAQs