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Jain Resource Recycling Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹232
Per Share
GMP
+₹8
+3.45% Grey Market
Est. Listing
₹240
Expected Price
Min. Application
₹29,696
2 lots × 64 shares
IPO Issue Details
Issue Price / Price Band₹232 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size64 Shares per Lot
Total Issue Size5,38,79,310 shares (aggregating up to ₹1,250.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 24 Sep 2025
Subscription CloseFri, 26 Sep 2025
Anchor AllotmentTue, 23 Sep 2025
Basis of AllotmentMon, 29 Sep 2025
Initiation of RefundsTue, 30 Sep 2025
Credit of Shares to DematTue, 30 Sep 2025
Listing DateWed, 01 Oct 2025
UPI Mandate Deadline2025-09-26
Application & Investment Details
Retail — Min (1 Lots)₹14,848 — 64 shares
Retail — Max (13 Lots)₹193,024 (13 Lots)
HNI — Min (3 Lots)₹44,544 — 192 shares
EPS (Pre-IPO)₹6.90
EPS (Post-IPO)₹6.47
P/E Ratio (Pre-IPO)33.62x
P/E Ratio (Post-IPO)35.86x
Pre-IPO Promoter Holding32,35,34,090 shares
Post-IPO Promoter Holding34,50,85,814 shares
Fresh Issue Shares2,15,51,724 shares (aggregating up to ₹500.00 Cr)
Offer for Sale Shares3,23,27,586 shares of ₹2 (aggregating up to ₹750.00 Cr)
About Jain Resource Recycling Ltd

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 IngotsCopper & Copper IngotsAluminium & Aluminium AlloysTin IngotsPlasticThe 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.Competitive 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 ProductsExperienced management team and qualified personnel with significant industry experience.

Objects of the Issue

Jain Resource Recycling Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.
375
2
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding 32,35,34,090 shares
Post-IPO Promoter Holding 34,50,85,814 shares
Check AllotmentCheck Status →
Jain Resource Recycling Ltd — Live Price LIVE
₹232.00
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Issue ₹232.00 GMP: +₹8 (+3.45%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusListed
Issue Price₹232
GMP+₹8
Est. Listing₹240
Lot Size64 shares
Min Amount₹29,696
Listing Date01 Oct 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹232
Listing Date01 Oct 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Subscription data will be available once the IPO opens.
Lot Size & Investment Details
Lot Size
64
Shares
Issue Price
₹232.00
Per Share
Min Investment
₹14,848
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 64 ₹14,848
Retail (Max) 13 832 ₹193,024
sNII (Min) 14 896 ₹207,872
bNII (Min) 68 4,352 ₹1,009,664
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 7162.15 4484.84 3107.53
EBITDA 368.58 227.22 124.18
Profit After Tax (PAT) 223.29 163.83 91.81
Net Worth 707.46 367.18 196.97
Total Assets 1836.24 1528.76 1115.96
Reserves & Surplus 660.01 328.13 161.30
Total Borrowings 919.92 909.38 732.79
Key Ratios & Valuation
Issue Price ₹232
Face Value ₹2 Per Share
P/BV 20.44
RoE 40.77%
RoCE 24.22%
RoNW 41.56%
PAT Margin (%) 3.13%
EBITDA Margin (%) 5.17%
Debt / Equity 0.92
Company Details
Company
Jain Resource Recycling Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹2 Per Share
Script Code
N/A
Address
The Lattice, Old no 7/1, New No 20, 4th Floor, Waddles Road, Kilpauk, Chennai, Tamil Nadu – 600010, India Chennai, Tamil Nadu, 600010
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