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Issue Open Date
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24-Sep-25
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Issue Closing Date
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26-Sep-25
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Application Money
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100
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Allotment Money
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Price Band
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220
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232
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Minimium Application No.
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64
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Issue Size (Shares)
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31249999
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Market Lot
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1.00
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Objective
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The net proceeds of the Fresh Issue, i.e., gross proceeds of the Fresh Issue less our Company’s share of the Offer related expenses (“Net Proceeds”), are proposed to be utilized towards funding of the following objects:1. Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company; and2. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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8522727
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45144896
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5.30
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Qualified Institutional Buyers
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17045454
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431049600
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25.29
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Retail Individual Investors
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5681818
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20550848
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3.62
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Business Description
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| We are primarily focused on manufacturing of non-ferrous metal products by way of recycling of non-ferrous metal scrap. Our product portfolio comprises of (i) lead and lead alloy ingots; (ii) copper and copper ingots; and (iii) aluminium and aluminium alloys. |
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more... |
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Promoter's Holding
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Total Share Capital
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284758425
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Offered to Public
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31249999
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Promoter's Holding (Pre-Issue)
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88.01
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Promoter's Holding (Post-Issue)
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73.59
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Address |
The Lattice Old No 7/1 New No 20 4th Floor Waddles Road Kilpauk
Chennai
,
Tamil Nadu
,
600010
Phone:
044 43409494
Email:
cs@jainmetalgroup.com
Website:
www.jainmetalgroup.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.) ICICI Securities Ltd Motilal Oswal Investment Advisors Pvt Ltd PL Capital Markets Pvt Ltd
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Promoters |
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Kamlesh Jain
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