Jain Resource Recycling Ltd. IPO logo

Jain Resource Recycling Ltd. IPO Details – Price, Date, GMP & Analysis

Listed
Mainboard
Price Range:
Rs.232
Issue Size:
Rs.1,250.00 Cr
Lot Size:
64 shares
Open Date:
September 24

Jain Resource Recycling Ltd. IPO Overview

Bidding Dates
September 24 - September 26
Min Investment
₹14,848
Price Range
₹232
Issue Size
1,250.00 Cr
IPO DRHP Doc

Company Overview

Jain Resource Recycling Limited, incorporated on February 25, 2022, is engaged in recycling and manufacturing non-ferrous metal products. Its facilities in Chennai process various metal scraps, and it has a gold refining facility in the UAE. The company supplies products to sectors like lead-acid batteries and automotive, serving clients such as Vedanta and Mitsubishi. It has a global presence, with significant export revenue. As of January 31, 2025, it employed 403 permanent staff.

IPO Timeline

Opens

Sep 24

Closes

Sep 26

Allotment

Sep 29

Refunds

Sep 30

Shares Credit

Sep 30

Listing

Oct 1

Latest Subscription Data

CategorySubscriptionStatus
QIB (Qualified Institutional Buyers)26.67xOversubscribed
NII (Non-Institutional Investors/HNI)5.59xOversubscribed
RII (Retail Individual Investors)3.81xOversubscribed
Total Subscription16.76xOversubscribed

Last updated: Sep 26, 2025, 05:06 PM

Current GMP:
Rs.13
Est. Listing:
Rs.245
Est. Gain:
+5.6%
Star Rating:
(0/5)

Financial Information

Financial Data Table

Detailed breakdown of financial metrics across years

Financial Metric202520242023
Assets1,836.24 Cr1,528.76 Cr1,115.96 Cr
EBITDA368.58 Cr227.22 Cr124.18 Cr
NET Worth707.46 Cr367.18 Cr196.97 Cr
Profit After Tax223.29 Cr163.83 Cr91.81 Cr
Reserves and Surplus660.01 Cr328.13 Cr161.3 Cr
Total Borrowing919.92 Cr909.38 Cr732.79 Cr
Total Income7,162.15 Cr4,484.84 Cr3,107.53 Cr
Financial data is visualized in the chart above

Strengths & Risks Analysis

Key Strengths

Competitive advantages and positive aspects

  • Focused on sustainability and circular economy practices.
  • Operates in a sector aligned with environmental regulations.
  • Diversified recycling portfolio across multiple waste types.
  • Potential to benefit from the rising demand for recycled materials.
  • Growing awareness and policy support for green initiatives.

IPO Details

Jain Resource Recycling IPO Details

Face Value₹2 per share
Fresh Issue2,15,51,724 shares (aggregating up to ₹500.00 Cr)
IPO DateSeptember 24, 2025 to September 26, 2025
Issue Price Band₹220 to ₹232 per share
Issue Price Final₹232 per share
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Listing DateOctober 1, 2025
Lot Size64 Shares
Offer for Sale3,23,27,585 shares of ₹2 (aggregating up to ₹750.00 Cr)
Sale TypeFresh Capital-cum-Offer for Sale
Share Holding Post Issue34,50,85,814 shares
Share Holding Pre Issue32,35,34,090 shares
Total Issue Size5,38,79,309 shares (aggregating up to ₹1,250.00 Cr)

Jain Resource Recycling IPO Reservation

Share Reservation Distribution

QIB
40,409,483 shares (75%)
Anchor Investors
24,245,689 shares (45%)
QIB (Ex-Anchor)
16,163,794 shares (30%)
HNI (NII)
8,081,897 shares (15%)
bNII (>₹10L)
5,387,931 shares (10%)
Retail
5,387,931 shares (10%)
sNII (<₹10L)
2,693,966 shares (5%)

Jain Resource Recycling IPO Promoter Holding

Promoter Holding Post Issue74.97%
Promoter Holding Pre Issue89.96%

Jain Resource Recycling IPO Listing Details

BSE Script Code544537
Final Issue Price₹232 per share
ISININE0YD401026
Listing DateOctober 1, 2025
NSE Listing GroupEQ (Rolling)
NSE SymbolJAINREC