Jain Resource Recycling IPO

Jain Resource Recycling IPO is a book build issue of Rs 1,250.00 crores, comprising a fresh issue of 2.16 crore shares worth Rs 500.00 crores and an offer for sale of 3.23 crore shares worth Rs 750.00 crores. The IPO opens on September 24, 2025, and closes on September 26, with allotment on September 29 and listing on BSE and NSE on October 1, 2025. The price band is set at Rs 220 to Rs 232 per share. The lot size is 64 shares, requiring a minimum retail investment of Rs 14,848. Dam Capital Advisors is the lead manager.

Jain Resource Recycling IPO Details

Check out the issue details for Jain Resource Recycling IPO as disclosed in SEBI.

Price Band

₹ 220 - 232

Issue Size

1250 Cr.

Issue Type

Book Built

Open

2025-09-24

Close

2025-09-26

Listing Date

2025-10-01

Jain Resource Recycling News

Jain Resource Recycling coming with IPO to raise upto Rs 1318 crore22 Sep 2025, 3:21PM Jain Resource Recycling files DRHP for Rs 2000 crore IPO 2 Apr 2025, 3:16PM

Company Financials

You can get the following financial statements of Jain Resource Recycling as of now.

Exchange

NSE: JAINREC

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Jain Resource Recycling IPO Details

The details about the Jain Resource Recycling IPO are as follows:

  • The issue size of the IPO is Rs 1,250.00 Cr.
  • The price band for Jain Resource Recycling IPO is Rs 220 to Rs 232.
  • The shares of Jain Resource Recycling IPO will list on BSE and NSE.
  • The latest tentative GMP of Jain Resource Recycling IPO is Rs 20.
  • The shares of Jain Resource Recycling IPO are subscribed 1.31 Times.

 

Jain Resource Recycling IPO Valuation

The approximate valuation of Jain Resource Recycling IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 232
Existing Shares (Qty) 32.35 Cr
Fresh Issue Rs 500 Cr
Market Cap Rs 8005.2 Cr
EPS (FY25) Rs 7.16
PE Ratio 32.4x
Industry PE 46.45x

 

Jain Resource Recycling IPO Issue Size

Jain Resource Recycling IPO issue size is Rs 1,250.00 Cr.

Issue Amount
Fresh Issue Rs 500.00 Cr
Offer For Sale Rs 750.00 Cr

 

Jain Resource Recycling IPO Market Lot

An individual can apply for a minimum of 1 lot of 64 shares and a maximum of 13 lots (832 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 64 Rs 14,848
Retail Maximum 13 832 Rs 1,93,024

 

Jain Resource Recycling IPO Share Offer

The shares of Jain Resource Recycling IPO are subscribed 1.31 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not less than 75%
Non-Institutional Not more than 15%
Retail Individual Not more than 10%

 

Jain Resource Recycling IPO GMP (Grey Market Premium)

As on GMP (Tentative)
24 September 2025 Rs 31
25 September 2025 Rs 20

Jain Resource Recycling IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Jain Resource Recycling IPO Dates

Find below the dates for Jain Resource Recycling IPO

Schedule Date
Basis of Allotment 29 Sep 2025
Refunds 30 Seo 2025
Credit to Demat Account 30 Sep 2025
IPO Listing Date 1 Oct 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 2849.6 1867.3 4156.53 6143.25
Total Expenditure 2731.77 1779.15 3930.52 5798.53
Operating Profit 117.83 88.14 226.01 344.72
Other Income 30.74 21.83 45.22 40.44
Interest 17.38 19.57 51.81 85.64
Depreciation 8.72 8.89 9.85 10.6
Exceptional Items 0 0 0 0
Profit Before Tax 122.47 81.52 209.56 288.92
Provision for Tax 35.67 20.88 50 77.79
Net Profit 86.8 60.64 159.56 211.14
Adjusted EPS (Rs.) 0.43 0.3 0.78 0.65

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 64.43 42.21 41.03 64.71
Total Reserves 67.28 116.51 324.2 644.32
Borrowings 2.9 8.55 36.16 1.23
Other N/C liabilities 85.53 1.05 97.35 16.41
Current liabilities 810.41 410.48 950.25 975.16
Total Liabilities 1030.54 578.79 1448.98 1701.82
Assets
Net Block 53.94 23.79 56.43 64.88
Capital WIP 0 0 0 3.25
Intangible WIP 0 0 0 0
Investments 0.14 6.35 11.32 35
Loans & Advances 4.35 61.8 5.98 61.61
Other N/C Assets 0 55.85 0.37 0.56
Current Assets 972.11 431 1374.88 1536.54
Total Assets 1030.54 578.79 1448.98 1701.82
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 122.47 81.52 209.56 288.92
Adjustment -23.5 18.45 16.42 61.35
Changes in Assets & Liabilities -15.42 -46.36 -96.06 -250.71
Tax Paid -25.6 -2.1 -48.72 -71.61
Operating Cash Flow 57.96 51.52 81.21 27.96
Investing Cash Flow -146.93 40.64 -113.13 -9.72
Financing Cash Flow 88.98 -91.85 107.38 -77.48
Net Cash Flow 0 0.31 75.47 -59.24

Jain Resource Recycling IPO: Date, Share Price, Review & Details

Jain Resource Recycling, a key player in India's non-ferrous metal recycling sector, is launching its Initial Public Offering (IPO) on September 24, 2025. The company aims to raise approximately Rs 1,250 crore through this public issue, which has attracted considerable attention in the market.

About Jain Resource Recycling Ltd.

With a history dating back to 1953 as Jain Metal Rolling Mills, the company has evolved into a specialist in the procurement and recycling of non-ferrous metal scrap. Jain Resource Recycling's business is centered on the production of various metal products, including:

  • Lead and lead alloy ingots

  • Copper and copper ingots

  • Aluminium and aluminium alloys

The company plays a significant role in India's circular economy by processing scrap metal and producing valuable ingots for a wide range of industrial applications.

Jain Resource Recycling IPO Details (2025)

  • IPO Open Date: September 24, 2025

  • IPO Close Date: September 26, 2025

  • Price Band: Rs 220 – Rs 232 per share

  • Lot Size: 64 shares

  • Minimum Investment: Rs 14,848 for retail investors at the upper price band.

  • Issue Size: Rs 1,250 crore, which includes a fresh issue of shares worth Rs 500 crore and an Offer for Sale (OFS) of shares valued at Rs 750 crore by the promoters and other selling shareholders.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of October 1, 2025.

  • Registrar: KFin Technologies has been appointed as the registrar for the IPO.

Use of IPO Proceeds

The net proceeds from the fresh issue will be utilised for:

  • Repayment of existing borrowings (Rs 375 crore).

  • General corporate purposes, including strengthening operational capacity and supporting growth strategies.

Financial Performance

Jain Resource Recycling has a strong financial track record, with a weighted average return on net worth of 50.24% over the last three financial years. The IPO is priced at a P/E ratio of 30.73 to 32.40 times based on the company's FY2025 diluted EPS.

What You Can Find on This Page

This page provides a comprehensive overview of the Jain Resource Recycling IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalised on September 29, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked questions (FAQs) about Jain Resource Recycling IPO

Q1: What are the key dates for the Jain Resource Recycling IPO?
The IPO is open from September 24 to September 26, 2025. The tentative listing date is October 1, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 220 to Rs 232 per share, with a minimum lot size of 64 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 1,250 crore, comprising a fresh issue of Rs 500 crore and an OFS of Rs 750 crore.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, KFin Technologies, after the allotment date, which is scheduled for September 29, 2025.

For the latest updates on the Jain Resource Recycling IPO, including subscription details, GMP, and listing information, keep visiting this page.

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