
Jain Resource Recycling IPO
Jain Resource Recycling IPO
Overview
Jain Resource Recycling IPO is a book build issue of ₹1,250.00 crores. The issue is a combination of fresh issue of 2.16 crore shares aggregating to ₹500.00 crores and offer for sale of 3.23 crore shares aggregating to ₹750.00 crores. Jain Resource Recycling IPO opens for subscription on Sep 24, 2025 and closes on Sep 26, 2025. The allotment for the Jain Resource Recycling IPO is expected to be finalized on Sep 29, 2025. Jain Resource Recycling IPO will list on BSE, NSE with a tentative listing date fixed as Oct 1, 2025. Jain Resource Recycling IPO price band is set at ₹220.00 to ₹232.00 per share . The lot size for an application is 64. The minimum amount of investment required by an retail is ₹14,848 (64 shares) (based on upper price). The lot size investment for sNII is 14 lots (896 shares), amounting to ₹2,07,872, and for bNII, it is 68 lots (4,352 shares), amounting to ₹10,09,664. Dam Capital Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
5,38,79,310
Issue Size
₹1,250.00 Cr
Price Band
₹220 – ₹232
Lot Size
64 shares
Min. Investment
₹14,848
Max. Investment
₹1,93,024
Open Date
24 Sep, 2025
Close Date
26 Sep, 2025
Allotment
29 Sep, 2025
Listing
01 Oct, 2025
Max. Investment
₹1,93,024
Announced
24 Sep, 2025
Opening Date
24 Sep, 2025
Closing Date
26 Sep, 2025
Basis of Allotment
29 Sep, 2025
Initiation of Refunds
30 Sep, 2025
Credit of Shares
30 Sep, 2025
Listing Date
01 Oct, 2025
Live GMP
Est. Listing: ₹249
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About Jain Resource Recycling IPO
Incorporated in 2022, Jain Resource Recycling Limited is engaged in the recycling and manufacturing of non-ferrous metal products. Its product portfolio includes lead and lead alloy ingots, copper and copper ingots, and aluminium and aluminium alloys.
The company operates three recycling facilities located at SIPCOT Industrial Estate, Gummidipoondi, Chennai. These facilities process various types of metal scrap, including copper (birch, druid), lead (radio, relay, rains, rinks), an
Jain Resource Recycling IPO Share Price
Issue Breakdown
Shareholding
Dilution: 6.7% increase in shares
Jain Resource Recycling IPO Promoters Holding
Jain Resource Recycling IPO Financial Health
Jain Resource Recycling Ltd.'s revenue increased by 60% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.
Jain Resource Recycling IPO Lot Size
Investors can bid for a minimum of 64 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 64 | ₹14,848 |
| Retail (Max) | 13 | 832 | ₹1,93,024 |
| S-HNI (Min) | 14 | 896 | ₹2,07,872 |
| S-HNI (Max) | 67 | 4288 | ₹9,94,816 |
| B-HNI (Min) | 68 | 4352 | ₹10,09,664 |
(All values in CR)
Jain Resource Recycling IPO Valuations
The market capitalization of Jain Resource Recycling IPO is ₹8005.99 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 40.77 |
| ROCE | 24.22 |
| Debt/Equity | 0.92 |
| RoNW | 41.56 |
| PAT Margin | 3.13 |
| EBITDA Margin | 5.17 |
| Price to Book Value | 20.44 |
(All values in CR)
Jain Resource Recycling IPO Strength & Risk
Jain Resource Recycling IPO Strength:
Leading recycler of non-ferrous metals including lead, copper, and aluminium.
Diverse product portfolio covering metals, plastics, e-waste, and automotive tyres.
Strategic expansion into new recycling verticals like solar panels, tyres, and e-waste.
Global recognition with lead ingots registered on the London Metal Exchange.
Strong financial performance with rising revenue and profitability.
Experienced management team ensuring operational efficiency and growth.
Jain Resource Recycling IPO Risk:
Vulnerable to commodity price fluctuations affecting profitability.
Dependence on consistent supply of scrap materials; any disruption can impact operations.
Subject to stringent environmental regulations; changes may increase costs.
Execution risks in new recycling ventures requiring significant investment.
Revenue concentration from a few key customers, creating dependency risk.
Jain Resource Recycling IPO Subscriptions Status
Jain Resource Recycling IPO subscribed 1.31 times. The public issue subscribed 1.35 times in the retail category, 1.70 times in QIB (Ex Anchor), and 0.52 times in the NII category by September 25, 2025 5:06:43 PM (Day 2).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 2,42,45,689 | 2,42,45,689 | 562.5 |
| QIB (Ex Anchor) | 1.70 | 1,61,63,794 | 2,74,56,960 | 637.001 |
| Non-Institutional Buyers | 0.52 | 80,81,897 | 42,00,192 | 97.444 |
| bNII (bids above ₹10L) | 0.36 | 53,87,931 | 19,57,440 | 45.413 |
| sNII (bids below ₹10L) | 0.83 | 26,93,966 | 22,42,752 | 52.032 |
| Retail | 1.35 | 53,87,931 | 72,50,752 | 168.217 |
| Total | 1.31 | 2,96,33,622 | 3,89,07,904 | 902.663 |
Jain Resource Recycling IPO GMP
Jain Resource Recycling IPO last GMP is ₹17, last updated Sep 25th 2025 06:00 PM. With the price band of 232.00, Jain Resource Recycling IPO's estimated listing price is ₹249 (cap price + today's GMP).The expected percentage gain/loss per share is 7.33%. >> Jain Resource Recycling IPO Retail Subject to Sauda: ₹800 >> Jain Resource Recycling IPO Small HNI Subject to Sauda: ₹11200 The lowest GMP is ₹13.00, while the highest GMP is ₹30.00.
Last updated 25 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 25 Sep, 2025 | 232 | ₹17▼ | 800/11200 | ₹249 (7.33%) | 1088 | 25 Sep, 2025 |
| 24 Sep, 2025 | 232 | ₹20▼ | 1000/14000 | ₹252 (8.62%) | 1280 | 24 Sep, 2025 |
| 23 Sep, 2025 | 232 | ₹30▲ | 1500/21000 | ₹262 (12.93%) | 1600 | 23 Sep, 2025 |
| 22 Sep, 2025 | 232 | ₹19▲ | 900/12600 | ₹251 (8.19%) | 1920 | 22 Sep, 2025 |
| 21 Sep, 2025 | 232 | ₹17▲ | 800/11200 | ₹249 (7.33%) | 1088 | 21 Sep, 2025 |
| 20 Sep, 2025 | 232 | ₹13▼ | 600/8400 | ₹245 (5.60%) | 832 | 20 Sep, 2025 |
| 19 Sep, 2025 | 232 | ₹23 | 1100/15400 | ₹255 (9.91%) | 1472 | 19 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Jain Resource Recycling IPO
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