Jain Resource Recycling IPO
IPO Listing Details
- Listing Date
01 Oct 2025
- Listing Price
₹265.25
- Listing Change
14.33%
- Last Traded Price
₹411.05
Jain Resource Recycling IPO Details
-
Open Date
24 Sep 2025
-
Close Date
26 Sep 2025
-
Listing Date
01 Oct 2025
- IPO Price Range
₹ 220 to ₹232
- IPO Size
₹ 1,250.00 Cr
- Listing Exchange
BSE NSE
Jain Resource Recycling IPO Timeline
Jain Resource Recycling IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 24-Sep-25 | 1.17 | 0.12 | 0.54 | 0.77 |
| 25-Sep-25 | 1.70 | 0.52 | 1.35 | 1.31 |
| 26-Sep-25 | 1.73 | 1.44 | 2.20 | 1.73 |
Last Updated: 26 September 2025 5:47 PM by 5paisa
Jain Resource Recycling Limited, launching a ₹1,250.00 crores IPO,specialises in recycling and manufacturing non-ferrous metals, including lead, copper, aluminium, tin, and plastic. Operating three facilities in Gummidipoondi, Chennai, it processes various metal scraps and, through its subsidiary JIGV, runs a gold refining unit in Sharjah, UAE. Supplying sectors such as automotive, batteries, electronics, and pigments, the company serves both domestic and international clients, including Vedanta, Luminous, Mitsubishi, and Nissan, with a presence in Singapore, China, Japan, and South Korea.
Established in: 2022
Managing Director: Mr. Kamlesh Jain
| Name of the company | Jain Resource Recycling Limited | Gravita India Limited | Pondy Oxides & Chemicals Limited |
| Revenue from operations (₹ Cr) | 7125.77 | 3868.77 | 2056.90 |
| Face Value (₹ per share) | 2 | 2 | 5 |
| Closing price on September 3, 2025 (in ₹) | NA | 1,699.3 | 1164.4 |
| EPS (₹) - Basic | 7.16 | 45.11 | 22.03 |
| EPS (₹) - Diluted | 7.16 | 45.11 | 21.08 |
| NAV (₹ Per Share) | 21.87 | 273.04 | 205.26 |
| P/E | NA | 37.67 | 55.24 |
| RoNW(%) | 41.56 | 22.33 | 12.71 |
Jain Resource Recycling Objectives
1. The company will pre-pay or partially repay certain borrowings of ₹375 cr.
2. The funds will be used for general corporate purposes.
Jain Resource Recycling IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹ 1,250.00 Cr |
| Offer For Sale | ₹ 750.00 Cr |
| Fresh Issue | ₹ 500.00 Cr |
Jain Resource Recycling IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 64 | 14,080 |
| Retail (Max) | 13 | 832 | 1,93,024 |
| S-HNI (Min) | 14 | 896 | 1,97,120 |
| S-HNI (MAX) | 67 | 4288 | 9,43,360 |
| B-HNI (Min) | 68 | 4352 | 9,57,440 |
Jain Resource Recycling IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.73 | 1,61,63,794 | 2,79,04,896 | 647.394 |
| NII (HNI) | 1.44 | 80,81,897 | 1,16,61,760 | 270.553 |
| bNII (bids above ₹10L) | 1.27 | 53,87,931 | 68,17,920 | 158.176 |
| sNII (bids below ₹10L) | 1.80 | 26,93,966 | 48,43,840 | 112.377 |
| Retail Investors | 2.20 | 53,87,931 | 1,18,45,312 | 274.811 |
| Total** | 1.73 | 2,96,33,622 | 5,14,11,968 | 1,192.758 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 3064.07 | 4428.42 | 7125.77 |
| EBITDA | 124.18 | 227.22 | 368.58 |
| PAT | 91.81 | 163.83 | 223.29 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 1115.96 | 1528.76 | 1836.24 |
| Share Capital | 40.00 | 41.03 | 64.70 |
| Total Borrowing | 732.80 | 909.38 | 919.92 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 10.87 | 33.36 | 3.58 |
| Net Cash Generated From / (used in) Investing Activities | -8.65 | -93.37 | -25.97 |
| Net Cash Generated From / (used in) financing activities | 3.20 | 135.89 | -35.43 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 5.41 | 75.89 | -57.82 |
Strengths
1. Diversified portfolio across non-ferrous metal products.
2. Established facilities with advanced recycling capabilities.
3. Strong client base including global corporations.
4. International presence across key Asian markets.
Weaknesses
1. High dependency on scrap material availability.
2. Exposure to volatile global commodity prices.
3. Limited product differentiation within metal segment.
4. Reliance on few large-scale corporate clients.
Opportunities
1. Growing demand for recycled metals globally.
2. Expansion potential into new emerging markets.
3. Increasing focus on sustainability and green manufacturing.
4. Technological advancements in metal refining processes.
Threats
1. Stringent environmental and regulatory compliance requirements.
2. Intense competition from global recycling companies.
3. Fluctuating foreign exchange and trade policies.
4. Economic slowdowns affecting industrial metal demand.
1. Diversified product portfolio across key non-ferrous metals.
2. Established global presence with reputed international clients.
3. Strong growth potential driven by sustainability trends.
4. Robust recycling facilities ensuring quality and scale.
The non-ferrous metal recycling industry is experiencing steady growth, driven by rising demand for sustainable raw materials across automotive, electronics, battery, and construction sectors. With advanced facilities, a diversified portfolio, and international presence, Jain Resource Recycling Limited is well-positioned to capitalise on these opportunities. Increasing emphasis on environmental responsibility and circular economy practices further strengthens the company’s growth potential in both domestic and global markets.
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- Type
- Opening On
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E to E Transportation Infrastructure
- SME
- 26th Dec
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FAQs
Jain Resource Recycling IPO opens from September 24, 2025 to September 26, 2025.
The size of Jain Resource Recycling IPO is ₹1,250.00 Cr.
The price band of Jain Resource Recycling IPO is fixed at ₹220 to ₹232 per share.
To apply for Jain Resource Recycling IPO, follow the steps given below:
1. Login to your 5paisa account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Jain Resource Recycling IPO.
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Jain Resource Recycling IPO is of 64 shares and the investment required is ₹14,848.
The share allotment date of Jain Resource Recycling IPO is September 29, 2025
The Jain Resource Recycling IPO will likely be listed on October 1, 2025.
Dam Capital Advisors Ltd is the book running lead manager for Jain Resource Recycling IPO.
Jain Resource Recycling IPO plans to utilise the raised capital from the IPO for:
1. The company will pre-pay or partially repay certain borrowings of ₹375 cr.
2. The funds will be used for general corporate purposes.
Jain Resource Recycling Contact Details
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/
Jain Resource Recycling IPO Register
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: jainresource.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Jain Resource Recycling IPO Lead Manager
Dam Capital Advisors Ltd.
ICICI Securities Ltd.
Motilal Oswal Investment Advisors Ltd.
PL Capital Markets Pvt.Ltd.