Jain Resource Recycling
Mainboard₹14,848 / 64 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 26 Sep 2025, 06:55 PM |
| QIBs | 26.67 |
| NII | Bids above ₹10L: 5.50 times Bids below ₹10L: 5.76 times NII Total: 5.59 |
| Retail | 3.81 times |
| Total | 16.76 times |
Jain Resource Recycling IPO Details
The Jain Resource Recycling IPO price band is set between ₹220 - ₹232 per equity share, with a face value of ₹2 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 24 Sep, 2025 and closes on 26 Sep, 2025. Investors can check the allotment status on 29 Sep, 2025, while the listing date is tentatively scheduled for 1 Oct, 2025.
The total issue size is 5,38,79,310 shares, aggregating up to ₹1250 crore. Stay tuned for the latest Jain Resource Recycling IPO review and GMP updates.
Jain Resource Recycling IPO Review, Rating & Analysis
Jain Resource Recycling IPO Review
NO REVIEWJain Resource Recycling IPO Rating
Jain Resource Recycling IPO Highlights
IPO Date
Sep 24, 2025 - Sep 26, 2025
Listing Date
1 Oct, 2025
Face Value
₹2 Per Equity Share
Price Band
₹220 - ₹232 per equity share
Lot Size
64 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Jain Resource Recycling IPO Lot Size
The minimum market lot for Jain Resource Recycling IPO is 64 shares with an application amount of ₹14,848. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| 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 |
Jain Resource Recycling IPO Timeline
Issue Price
₹220 - ₹232 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Dam Capital Advisors LtdICICI Securities LtdMotilal Oswal Investment Advisors LtdPL Capital Markets Pvt LtdIssue Size
5,38,79,310 shares(aggregating up to ₹1250 crore)Jain Resource Recycling IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 1836.24 | 7162.15 | 223.29 | 707.46 | 660.01 | 919.92 |
| 31 Mar 24 | 1528.76 | 4484.84 | 163.83 | 367.18 | 328.13 | 909.38 |
| 31 Mar 23 | 1115.96 | 3107.53 | 91.81 | 196.97 | 161.30 | 732.79 |
All values are in ₹ Cr.
Jain Resource Recycling IPO Valuations
EPS Pre IPO
₹6.90EPS Post IPO
₹6.47PE Pre IPO
33.62PE Post IPO
35.86ROE
40.77%ROCE
24.22%Debt Equity
0.92RoNW
41.56%PAT Margin
3.13%Price to Book Value
20.44Promoters & Share Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Jain Resource Recycling Limited was registered as a private limited company on February 25, 2022. The company was initially set up in 1953 in the form of a partnership firm as Jain Metal Rolling Mills and was restructured in 1993.
The company deals with the recycling and manufacturing of non-ferrous metal products. Its product line consists of lead and lead alloy ingots, copper and copper ingots, and aluminium and aluminium alloys.The company has three recycling units at SIPCOT Industrial Estate, Gummidipoondi, Chennai. The units recycle different kinds of metal scrap such as copper (birch, druid), lead (radio, relay, rains, rinks) and aluminium (tread, talon, tense). A gold refinery unit was also inaugurated on August 19, 2024, in Sharjah Airport International Free Zone (SAIF-Zone), UAE, under its subsidiary JIGV.
Jain Resource Recycling Limited exports its products to industries like lead-acid battery, electrical and electronics, pigments, and automobile. Customers are domestic and overseas businesses like Vedanta Limited-Sterlite Copper, Luminous Power Technologies Private Limited, Yash Resources Recycling Limited, Mitsubishi Corporation RtM Japan, and Nissan Trading Co.The firm has a presence in international markets such as Singapore, China, Japan, and South Korea. Export revenue represented 50.06% of total revenue for the six months ended September 30, 2024, and more than 50% of total revenue during Fiscal 2022, 2023, and 2024.
As of January 31, 2025, the firm had a total of 403 full-time employees.
Jain Resource Recycling IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,61,63,794 | 80,81,897 53,87,931 26,93,966 | 53,87,931 | 2,96,33,622 |
Day 124-09-25 05:00 PM | 1.17 x | 0.12 0.09 x 0.19 x | 0.54 x | 0.77 x |
Day 225-09-25 05:00 PM | 1.70 x | 0.52 0.36 x 0.83 x | 1.35 x | 1.31 x |
Day 326-09-25 05:00 PM | 26.67 x | 5.59 5.50 x 5.76 x | 3.81 x | 16.76 x |
Retail:3.34x
BHNI:1.12x
SHNI:5.60x
Jain Resource Recycling IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company. | - |
| General corporate purposes. | - |
Company Contact Details
Jain Resource Recycling
The Lattice, Old no 7/1, New No 20, 4th Floor, Waddles Road, Kilpauk, Chennai, Tamil Nadu – 600010, IndiaRegistrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: jainresource.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Frequently Asked Questions about Jain Resource Recycling IPO
When will Jain Resource Recycling IPO open for subscription?
The Jain Resource Recycling IPO opens on 24 Sep, 2025 and closes on 26 Sep, 2025.
What is the investors portion for Jain Resource Recycling IPO?
The investors' portion for QIB is 26.67 x, NII is 5.50 x, and Retail is 3.81 x.
How to apply for Jain Resource Recycling IPO?
You can apply for Jain Resource Recycling IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Jain Resource Recycling IPO?
The issue size of Jain Resource Recycling IPO is approx ₹5,38,79,310 shares(aggregating up to ₹1250 crore) crores.
What is the price band of Jain Resource Recycling IPO?
The price band for Jain Resource Recycling IPO is ₹220 to ₹ ₹232 per equity share.
What is the lot size of Jain Resource Recycling IPO?
The minimum bid (lot size) for Jain Resource Recycling IPO is N/A shares with an investment of approx ₹14,848 .
What is the allotment date of Jain Resource Recycling IPO?
The allotment date for Jain Resource Recycling IPO is 29 Sep, 2025.
What is the listing date of Jain Resource Recycling IPO?
The listing date for Jain Resource Recycling IPO is expected to be 1 Oct, 2025.
What is the GMP of Jain Resource Recycling IPO?
The latest Grey Market Premium (GMP) for Jain Resource Recycling IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.