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Jain Resource Recycling IPO

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

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

Total Issue5,38,79,310 shares₹1,250.00 Cr
Fresh Issue2,15,51,724 shares₹500.00 Cr
Offer for Sale3,23,27,586 shares₹750.00 Cr

Shareholding

Pre-Issue32,35,34,090
Post-Issue34,50,85,814

Dilution: 6.7% increase in shares

Jain Resource Recycling IPO Promoters Holding

Pre-Issue89.96%
Post-Issue

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.

ApplicationLotsSharesAmount
Retail (Min)16414,848
Retail (Max)138321,93,024
S-HNI (Min)148962,07,872
S-HNI (Max)6742889,94,816
B-HNI (Min)68435210,09,664

(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.

MetricValue
ROE40.77
ROCE24.22
Debt/Equity0.92
RoNW41.56
PAT Margin3.13
EBITDA Margin5.17
Price to Book Value20.44

(All values in CR)

Jain Resource Recycling IPO Strength & Risk

+Strengths

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.


!Risks

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 CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
Anchor1.002,42,45,6892,42,45,689562.5
QIB (Ex Anchor)1.701,61,63,7942,74,56,960637.001
Non-Institutional Buyers0.5280,81,89742,00,19297.444
bNII (bids above ₹10L)0.3653,87,93119,57,44045.413
sNII (bids below ₹10L)0.8326,93,96622,42,75252.032
Retail1.3553,87,93172,50,752168.217
Total1.312,96,33,6223,89,07,904902.663

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.

+17+7.3%

Last updated 25 Sep, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
25 Sep, 2025232₹17800/11200₹249 (7.33%)108825 Sep, 2025
24 Sep, 2025232₹20 1000/14000₹252 (8.62%)128024 Sep, 2025
23 Sep, 2025232₹301500/21000₹262 (12.93%)160023 Sep, 2025
22 Sep, 2025232₹19900/12600₹251 (8.19%)192022 Sep, 2025
21 Sep, 2025232₹17800/11200₹249 (7.33%)108821 Sep, 2025
20 Sep, 2025232₹13600/8400₹245 (5.60%)83220 Sep, 2025
19 Sep, 2025232₹231100/15400₹255 (9.91%)147219 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

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Jain Resource Recycling IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.