Jainam Ferro Alloys (I) Limited was originally incorporated as 'Jainam Infraways Private Limited' on March 06, 2014 with Registrar of Companies, Chhattisgarh. Further, Company was converted into a Public Limited and the name was changed to 'Jainam Infraways Limited' dated July 10, 2018. Subsequently, on August 08, 2018, name of the Company got changed To 'Jainam Ferro Alloys (I) Limited' vide a fresh Certificate of Incorporation dated August 29, 2018 issued by Registrar of Companies, Chhattisgarh.
The Company is currently manufacturing two types of Ferro Alloys namely, Ferro Manganese (FeMn) and Silico-Manganese (SiMn). The products manufactured by Company are primarily used in steel production and trading of material. Both the alloys are largely used in steel industry. The Company is India's leading manufacturer and exporters of niche value-added manganese alloys. Ferro-manganese adds strength, toughness and other properties to steel. Silico manganese provides additional silicon as stronger Deoxidant in manufacturing steel.
The Company's customers include companies like Steel Authority of India Ltd, Jindal Stainless Ltd (Jaipur), Jayaswal Neco Industries Limited, Jindal Steel & Power Ltd (Raigarh), Ahmedabad Metal & Alloys, Ascent Enterprises, Saarloha Advanced Materials Pvt. Ltd, BRGD Ingot Pvt. Ltd, Shri Madhav International, JSW Steel Limited (Bellary).
The Company's products include Ferro Manganese, Silico Manganese, and Ferro Manganese Slag. The Company's Fe ...rro Manganese product is primarily an alloy of manganese and iron. It contains a high content of manganese and is used in steel products wherein silico has low content of manganese. It is mainly used in the production of flat steel, manganese-rich steel, and stainless-steel products. Its Silico Manganese product is ferro alloys with elevated contents of manganese and silicon. The Company's products are also used for deoxidizing and refining of steel. The Company's ferroalloys are also used in the automotive, railway, construction, and various engineering industries.
In 2016, the Company took over the ferro alloy plant of M/s Raghuvir Ferro Alloys Private Limited via Sale Deed dated June 21, 2016. Pursuant to the said Sale Deed, Company acquired the entire factory of M/s Raghuvir Ferro Alloys Private Limited having its factory located at Raipur, Chhattisgarh, including Super Structure Factory Shed, Administrative Buildings, Plant and Machinery, Weigh Bridge, Electrical Installation, Office equipment together with all rights, concessions, licenses and other privileges and the allotted manganese ore mines at Village Jagantola, in Balaghat district of Madhya Pradesh.
Thereafter, Company started commercial production with one furnace having designed capacity of 9 MVA with 5000 KVA power load for the production of Ferro alloys of the different grades. In June 2017, it started one more furnace having designed capacity of 6 MVA with 4000 KVA power load for the same manufacturing activity. The products manufactured by Company are primarily used in manufacturing of steel and in foundry activities. It is used as an alloying element which enhances some key physical properties of steel like elasticity, ultimate tensile, strength and toughness etc.
The Company diversified its line of activities by manufacturing of ferrous and non-ferrous metals including alloy steel, ferro alloys and related business in 2018-19.
The Company floated an Initial Public Offer of 28,02,000 Equity Shares by raising funds aggregating to Rs 19.6 Crore in October, 2021.
The Company has subscribed 3,75,000 Equity Shares at a price of Rs. 40/- per share of M/s JW Diagnostic and Research Center Private Limited on the basis of Preferential Allotment by making it a subsidiary of the Company in 2023-24.
Company commissioned Captive solar power plant (SPP) to convert sunlight into electricity using PV panels technology during the year 2025.
FAQs on Jainam Ferro Alloys (I) Ltd
1. Can I buy Jainam Ferro Alloys (I) Ltd from PL Capital? ›
Yes, you can invest in Jainam Ferro Alloys (I) Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Jainam Ferro Alloys (I) Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Jainam Ferro Alloys (I) Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Jainam Ferro Alloys (I) Ltd pay dividends? ›
Jainam Ferro Alloys (I) Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Jainam Ferro Alloys (I) Ltd ? ›
As of
06-Feb-2026 , 15:31:22 the share price for Jainam Ferro Alloys (I) Ltd. is ₹ 220.25 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Jainam Ferro Alloys (I) Ltd ? ›
The 52-week high and low of Jainam Ferro Alloys (I) Ltd share price is ₹ 191.9 - ₹ 322.85 as of
06-Feb-2026 , 15:31:22 .
