Indian Metals & Ferro Alloys: Allotment of Equity Shares of JSW Renew Energy Twelve Limited'
Indian Metals & Ferro Alloys (IMFA) filed a disclosure titled "Allotment of Equity Shares of JSW Renew Energy Twelve Limited'". The company is valued at about ₹5,887 crore.
What happened
Indian Metals & Ferro Alloys (IMFA) filed a disclosure with the exchanges on 2 November 2026 at 05:01 PM titled "Allotment of Equity Shares of JSW Renew Energy Twelve Limited'".
From the filing: "Indian Metals & Ferro Alloys Limited has informed the Exchange regarding 'Allotment of Equity Shares of JSW Renew Energy Twelve Limited'."
Company snapshot
Indian Metals & Ferro Alloys is a small-cap company in the Metals & Mining sector, with a market value of about ₹5,887 crore.
The stock last traded at ₹1,091.2, against a 52-week range of ₹1,051.1–₹1,679.9 (35.0% below the high).
Before this filing the shares had moved −9.6% over the month and −24.7% over three months. Average daily turnover over the last 20 sessions was about ₹9.17 crore.
Promoters held 58.69% at the end of Q1 FY27. Foreign institutions owned 3.59% and domestic institutions 0.88%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 642 | 92.3 | 17.1 |
| Q2 FY26 | 719 | 97.5 | 18.07 |
| Q3 FY26 | 703 | 131.5 | 24.33 |
| Q4 FY26 | 763 | 103.2 | 19.13 |
| Q1 FY27 | 960 | 192.3 | 35.65 |
What history shows
BCEIE has no earlier fund raising filing from this company on record since May 2026.
Across 26 similar disclosures by other Metals & Mining companies, shares moved −0.9% on average the next day and −1.7% over five days; 31% of them rose the next day.
Market-wide, 1,690 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 4 November 2026: Board meeting — Financial Results/Dividend/Other business matters.
- 12 November 2026: Interim Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- Indian Metals & Ferro Alloys Ltd. Financial Disclosures & Filings
- Indian Metals & Ferro Alloys Share Price - Live NSE: IMFA Stock Price & Chart
- Indian Metals & Ferro Alloys (IMFA.NS) Slips 4% as Stock Retreats From Recent Highs - Low Beta Factor
- Indian Metals & Ferro Alloys Ltd. Estimates – NSE:IMFA
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.