Jainam Ferro Alloys (I) LtdNSE JAINAM Stock Report

Jainam Ferro Alloys (I) Ltd. engages in the manufacture of ferro alloys. The company is headquartered in Raipur, Chhattisgarh. The company went IPO on 2021-10-08. The Company’s products include Ferro Manganese, Silicon Manganese and Ferro Manganese Slag. The Company’s Ferro Manganese product is primarily an alloy of manganese and iron. The company contains a high content of manganese and is used in steel products wherein silicon content needs to be controlled at low levels. The company 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, desulphurization and refining of steel. The Company’s ferroalloys are also used in the automotive, railway, construction, and various engineering industries.