JAIN RESOURCES RECYCLING LIMITED
₹ 220 - ₹ 232
24-Sep-2025 - 26-Sep-2025
₹ 14848.00

/ 64 Shares

JAIN RESOURCES RECYCLING LIMITED

24-Sep-2025 - 26-Sep-2025

₹ 220 - ₹ 232

Price Band

₹ 14848.00

Minimum Investment

64

Bid Lot

53,879,310

Shares

  • Face Value - ₹ 2/- Per Share

  • Listing at BSE, NSE

  • 84,186 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Category % Shares/Amount
QIB 75% 40,409,482 Shares RS.937.50 CR
HNI 1 5% 2,693,965 Shares RS.62.50 CR @ 3007 FORM 1X
HNI 2 10% 8,387,932 Shares RS.125.00 CR @ 6013 FORM 1X
Retail 10% 5,387,931 Shares RS.125.00 CR @ 84186 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
84186 FORM 1X 3007 FORM 1X 6013 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 64 ₹ 14,848
Retail (Upto 2 Lakh) 13 832 ₹ 193,024
S-HNI (2 Lakh to 10 Lakh) 14 896 ₹ 207,872
S-HNI (2 Lakh to 10 Lakh) 67 4288 ₹ 994,816
B-HNI (Above 10 Lakh) 68 4352 ₹ 1,009,664

IPO Timeline

  • Open Date

    24-Sep-2025

  • Close Date

    26-Sep-2025

  • Basis of Allotment Date

    29-Sep-2025

  • Initiation of Refunds

    30-Sep-2025

  • Credit Shares to Demat A/c

    30-Sep-2025

  • IPO Listing Date

    01-Oct-2025

Subscription as on
26-Sep-2025 17:35

Category Book Size Subscription No. of Times
QIB 16,163,793 ₹ 375.00 Cr. 431,049,600 ₹ 10000.35 Cr. 26.67x
HNI (<10 LAKH) 2,693,965 ₹ 62.50 Cr. 15,504,320 ₹ 359.70 Cr. 5.76x
HNI2 (>10 LAKH) 8,387,932 ₹ 194.60 Cr. 29,640,576 ₹ 687.66 Cr. 3.53x
RETAIL 5,387,932 ₹ 125.00 Cr. 20,550,784 ₹ 476.78 Cr. 3.81x
Total 32,633,622 496,745,280 15.22x
Category Book Size Subscription No. of Times
QIB 16,163,793 ₹ 375.00 Cr. 431,049,600 ₹ 10000.35 Cr. 26.67x
HNI (<10 LAKH) 2,693,965 ₹ 62.50 Cr. 15,504,320 ₹ 359.70 Cr. 5.76x
HNI2 (>10 LAKH) 8,387,932 ₹ 194.60 Cr. 29,640,576 ₹ 687.66 Cr. 3.53x
RETAIL 5,387,932 ₹ 125.00 Cr. 20,550,784 ₹ 476.78 Cr. 3.81x
Total 32,633,622 496,745,280 15.22x

*Excluding Anchor

Total No. of Application Approx : ~286342 (3.40 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 16831.29 3007 (For 1x) 5.60x
HNIAT 6718.97 6013 (For 1x) 1.12x
RETAIL 281010.00 84186 (For 1x) 3.34x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

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), and aluminium (tread, talon, tense). A gold refining facility in Sharjah Airport International Free Zone (SAIF-Zone), UAE, through its subsidiary JIGV.

Jain Resource Recycling Limited supplies its products to sectors such as lead-acid battery, electrical and electronics, pigments, and automotive. Clients include domestic and international companies such as Vedanta Limited-Sterlite Copper, Luminous Power Technologies Private Limited, Yash Resources Recycling Limited, Mitsubishi Corporation RtM Japan, and Nissan Trading Co.

Products Portfolio:

  • Lead & Lead Alloy Ingots
  • Copper & Copper Ingots
  • Aluminium & Aluminium Alloys
  • Tin Ingots
  • Plastic

The company has a presence in global markets including Singapore, China, Japan, and South Korea. 

As of July 31, 2025, the company had a total of 411 permanent employees.

Read More

Strengths

  • Track record of profitability and consistent financial performance in an industry with significant entry barriers.
  • Strategically located Recycling Facilities with capabilities to handle multiple products lines.
  • Strong customer base with global footprint and deep sourcing capabilities.
  • Application of Hedging Mechanism for Commodity Price Risk Protection for Products
  • Experienced management team and qualified personnel with significant industry experience.

Company Promoters

Company Financials

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 1,836.24 1,528.76 1,115.96
Total Income 7,162.15 4,484.84 3,107.53
Profit After Tax 223.29 163.83 91.81
EBITDA 368.58 227.22 124.18
NET Worth 707.46 367.18 196.97
Reserves and Surplus 660.01 328.13 161.30
Total Borrowing 919.92 909.38 732.79
Amount in ? Crore

Objects of the Issue

The Company Jain Resource Recycling IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (in Millions)
1 Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company. 3,750
2 General corporate purposes.

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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