Jain Resource Recycling IPO Details
The Jain Resource Recycling IPO is a book build issue with a total issue size of ₹1250 cr, comprising of fresh issue of 21551724 equity shares., and a offer for sale of 32327586 equity shares. Jain Resource Recycling IPO opened for subscription on Sep 24, 2025 and closed on Sep 26, 2025. Jain Resource Recycling IPO is set price band at ₹220 to ₹232 per share, with a lot size of 64 shares. Minimum investment for Retail investors was ₹14,848.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 29, 2025, and listed on both the NSE and BSE on Oct 01, 2025.
Kfin Technologies Limited has been appointed as the registrar. Motilal Oswal Investment Advisors Pvt Ltd, ICICI Securities Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) and PL Capital Markets Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Jain Resource Recycling IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 220 – 232
- Lot Size
- 64
- Issue Size
- ₹1250 Cr
- Minimum Investment
- ₹14848 (64 Shares)
- Listing Date
- 01 October 2025
Current GMP
₹13 (+5.60%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Jain Resource Recycling Limited
Jain Resource Recycling Limited was incorporated as a private limited company on February 25, 2022. The business traces its roots back to 1953, when it was founded as a partnership firm under the name Jain Metal Rolling Mills. It was subsequently reconstituted in 1993, before evolving into its present corporate form.
The company is engaged in the recycling and manufacturing of non-ferrous metal products, with a diversified product portfolio that includes:
- Lead and lead alloy ingots
- Copper and copper ingots
- Aluminium and aluminium alloys
Operations
The company operates three recycling facilities located at SIPCOT Industrial Estate, Gummidipoondi, Chennai, where it processes a wide range of metal scrap:
- Copper: Birch, Druid
- Lead: Radio, Relay, Rains, Rinks
- Aluminium: Tread, Talon, Tense
Expanding its footprint globally, the company launched a gold refining facility on August 19, 2024, through its subsidiary JIGV, situated at Sharjah Airport International Free Zone (SAIF-Zone), UAE.
Customers & Industries Served
Jain Resource Recycling Limited supplies its products to diverse industries, including:
- Lead-acid battery
- Electrical and electronics
- Pigments
- Automotive
Its client base includes leading domestic and international companies such as:
- Vedanta Limited – Sterlite Copper
- Luminous Power Technologies Private Limited
- Yash Resources Recycling Limited
- Mitsubishi Corporation RtM Japan
- Nissan Trading Co.
Global Presence
The company has established a strong international presence, with markets across Singapore, China, Japan, and South Korea. Exports have been a significant contributor to revenue, accounting for:
- 50.06% of total revenue for the six months ending September 30, 2024
- Over 50% of total revenue in Fiscal 2022, 2023, and 2024
Workforce
As of January 31, 2025, the company employed 403 permanent employees, supporting its operations and growth.
Jain Resource Recycling IPO Promoters
- Mr. Kamlesh Jain
Promoters Holding
Holding Pre Issue
89.96%
Holding Post Issue
74.97%
Jain Resource Recycling IPO Objective
The Company Jain Resource Recycling IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company
- General Corporate Purposes
Address / Contact Info
Jain Resource Recycling Limited
The Lattice, Old no 7/1, New No 20,
4th Floor, Waddles Road,
Kilpauk, Chennai, Tamil Nadu – 600010, India
Chennai, Tamil Nadu, 600010
Phone: 044 4340 9494
Email: cs@jainmetalgroup.com
Website: http://www.jainmetalgroup.com/
IPO Snapshot
Book Running Lead Managers
- Motilal Oswal Investment Advisors Pvt Ltd
- ICICI Securities Limited
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- PL Capital Markets Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Jain Resource Recycling IPO is a Book-building IPO with a total issue size of ₹1250 crore. The Jain Resource Recycling IPO price band is ₹220 to 232 per share. The Jain Resource Recycling IPO subscription opens on Wed, Sep 24, 2025, and closes on Fri, Sep 26, 2025. The Jain Resource Recycling IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the Jain Resource Recycling IPO.
The Jain Resource Recycling IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025
Jain Resource Recycling IPO Price Band is ₹220 to 232 per share.
Jain Resource Recycling IPO lot size is 64 shares, Retail investors need a minimum investment of ₹14848 based on the upper price band
The minimum investment for Jain Resource Recycling IPO is ₹14848, based on one lot of 64 shares at the upper price band of ₹232 per share.
Investors can apply for the Jain Resource Recycling IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 26, 2025. The application amount remains blocked until the Jain Resource Recycling IPO allotment is finalized.
Jain Resource Recycling IPO issue size is ₹1250 crores.
Jain Resource Recycling IPO allotment date is Wed, Jul 1, 2026.
The registrar for Jain Resource Recycling IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Jain Resource Recycling IPO allotment status, refund processing, and other IPO-related information.
The Jain Resource Recycling IPO GMP (Grey Market Premium) is ₹13 as of Wed, Oct 1, 2025. Based on the upper price band of ₹232 per share, the estimated Jain Resource Recycling IPO listing price is ₹245, indicating a potential listing gain of approximately 0% over the issue price.