Jain Resource Recycling Limited's initial public offering (IPO) has demonstrated strong investor interest through its final day of subscription, with Jain Resource Recycling's stock price set at ₹220-232 per share reflecting positive market reception. The ₹1,250.00 crore IPO reached 16.76 times by 5:04:54 PM on day three.
Jain Resource Recycling IPO qualified institutional buyers segment leads with strong 26.67 times subscription, whilst non-institutional investors show moderate 5.59 times and individual investors demonstrate moderate participation at 3.81 times, whilst anchor investors show complete participation at 1.00 times.
IPO Subscription Status
Invest in Indian Markets and Unlock Future Potential With 5paisa!| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (September 24) | 1.17 | 0.12 | 0.54 | 0.77 |
| Day 2 (September 25) | 1.70 | 0.52 | 1.34 | 1.31 |
| Day 3 (September 26) | 26.67 | 5.59 | 3.81 | 16.76 |
Day 3 Subscription Details
Here are the subscription details for Jain Resource Recycling IPO as of Day 3 (September 26, 2025, 5:04:54 PM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 2,42,45,689 | 2,42,45,689 | 562.50 |
| QIB (Ex Anchor) | 26.67 | 1,61,63,794 | 43,10,49,600 |
10,000.35 |
| Non-Institutional Buyers | 5.59 | 80,81,897 | 4,51,44,896 | 1,047.36 |
| Individual Investors | 3.81 | 53,87,931 | 2,05,45,984 | 476.67 |
| Total | 16.76 | 2,96,33,622 | 49,67,40,480 | 11,524.38 |
Key Highlights - Day 3:
- Overall subscription reached strong 16.76 times, showing remarkable surge from day two's 1.31 times with exceptional final-day momentum
- Qualified institutional buyers (ex-anchor) displaying strong interest at 26.67 times, building dramatically from day two's 1.70 times showing overwhelming institutional confidence
- Non-institutional investors showing moderate performance at 5.59 times, building substantially from day two's 0.52 times with balanced performance across segments
- Individual investors demonstrating moderate confidence at 3.81 times, building significantly from day two's 1.35 times showing improved retail sentiment
- Total applications reached 3,01,605, indicating massive investor participation for this mainboard IPO
- Cumulative bid amount reached ₹11,524.38 crores, representing massive 922% of the issue size of ₹1,250.00 crores
Key Highlights - Day 2:
- Overall subscription reached moderate 1.31 times, showing substantial improvement from day one's 0.77 times indicating growing investor confidence
- Qualified institutional buyers (ex-anchor) displaying moderate performance at 1.70 times, building from day one's 1.17 times showing increased institutional appetite
- Individual investors demonstrating moderate confidence at 1.34 times, building significantly from day one's 0.54 times showing improved retail sentiment
- Non-institutional investors showing limited performance at 0.52 times, building substantially from day one's 0.12 times
- Total applications reached 97,922, indicating substantial investor participation growth for this mainboard IPO
- Cumulative bid amount reached ₹902.39 crores, representing 72% of the issue size of ₹1,250.00 crores
- Broad-based improvement across all investor categories suggests growing acceptance of this large recycling sector offering
Key Highlights - Day 1:
- Overall subscription reached limited 0.77 times, showing weak initial investor interest in this large-sized metal recycling IPO
- Qualified institutional buyers (ex-anchor) showing moderate performance at 1.17 times, indicating measured institutional appetite for the recycling sector
- Individual investors displaying limited confidence at 0.54 times, showing cautious retail sentiment despite the commodity theme
- Non-institutional investors demonstrating minimal performance at 0.12 times
About Jain Resource Recycling
Incorporated in 2022, Jain Resource Recycling Limited is engaged in recycling and manufacturing of non-ferrous metal products, including lead, copper, and aluminium ingots, operating three recycling facilities at SIPCOT Industrial Estate, Gummidipoondi, Chennai, and serving global markets including Singapore, China, Japan, and South Korea.
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