Jain Resource Recycling IPO Description – Jain Resource Recycling is a leading Indian manufacturer of non-ferrous metal products through the recycling of non-ferrous metal scrap. The company’s product portfolio includes lead and lead alloy ingots, copper and copper ingots, aluminium and aluminium alloys, and, more recently, gold products such as bars and coins. Notably, it is among the only two Indian recyclers with its lead ingots registered as a brand by the London Metal Exchange (LME), providing global market access and pricing advantages.
The company operates three recycling facilities at SIPCOT Industrial Estate, Gummidipoondi, Chennai, with a combined production capacity of 3,08,306 MTPA as of 31 July 2025. In August 2024, it expanded into gold refining through its subsidiary, Jain Ikon Global Ventures (Sharjah, UAE), with a refining capacity of 0.458 MTPA.
Its clientele spans industries such as lead-acid batteries, automotive, electronics, and pigments, with customers including Vedanta-Sterlite Copper, Luminous Power, and Mitsubishi Corporation RtM Japan. As of March 2025, the company served 371 customers globally and employed 405 permanent staff.
Promoters of Jain Resource Recycling – Kamlesh Jain
Table of Contents
Jain Resource Recycling IPO Details
| Jain Resource Recycling IPO Dates | 24 – 26 September 2025 |
| Jain Resource Recycling Issue Price | INR 220 – 232 per share |
| Fresh issue | INR 500 crore |
| Offer For Sale | INR 750 crore |
| Total IPO size | INR 1,250 crore |
| Minimum bid (lot size) | 64 shares (INR 14,848) |
| Face Value | INR 2 per share |
| Retail Allocation | 10% |
| Listing On | BSE, NSE |
Jain Resource Recycling Financial Performance
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 2,849.60 | 3,064.07 | 4,428.42 | 7,125.77 |
| Expenses | 2,757.87 | 2,983.90 | 4,270.27 | 6,857.32 |
| Net income | 86.80 | 91.81 | 163.83 | 223.29 |
| Margin (%) | 3.05 | 3.00 | 3.70 | 3.13 |
Jain Resource Recycling Offer News
- Jain Resource Recycling RHP
- Jain Resource Recycling DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Jain Resource Recycling Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 2.65 | 4.70 | 7.16 | 6.47 |
| PE Ratio | – | – | 30.73 – 32.40 | 34.00 – 35.86 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 81.96 | 60.62 | 58.08 | 41.56 |
| NAV | 3.27 | 6.09 | 11.35 | 21.87 |
| ROCE (%) | 12.47 | 12.31 | 19.13 | 24.22 |
| EBITDA (%) | 4.09 | 4.05 | 5.13 | 5.17 |
| Debt/Equity | 4.99 | 2.95 | 1.65 | 0.92 |
Jain Resource Recycling IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 30 September 2025 | 16 | 800 |
| 29 September 2025 | 12 | 500 |
| 27 September 2025 | 9 | 100 |
| 26 September 2025 | 18 | 800 |
| 25 September 2025 | 21 | 1,000 |
| 24 September 2025 | 30 | 1,500 |
| 23 September 2025 | 20 | 900 |
| 22 September 2025 | 16 | 700 |
| 20 September 2025 | 22 | 1,100 |
Jain Resource Recycling Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Pre-payment or scheduled repayment of a portion of certain outstanding borrowings availed by the company – INR 375 crore
- General Corporate Purposes
Jain Resource Recycling IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,70,45,454 | 85,22,727 | 56,81,818 | 3,12,49,999 |
| 26 Sep 2025 | 25.29 | 5.30 | 3.62 | 15.90 |
| 25 Sep 2025 | 1.61 | 0.49 | 1.28 | 1.24 |
| 24 Sep 2025 | 1.11 | 0.12 | 0.51 | 0.73 |
Anchor investor portion of 2,42,45,689 shares is not included in the above calculation
Jain Resource Recycling – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | Revenue (Cr.) |
| Jain Resource Recycling | 35.86 | 6.47 | 41.56 | 7,125.77 |
| Gravita India | 37.67 | 45.11 | 22.33 | 3,868.77 |
| Pondy Oxides | 55.24 | 21.08 | 12.71 | 2,056.91 |
Jain Resource Recycling IPO Allotment Status
Jain Resource Recycling IPO allotment status is now available on KFin Tech website. Click on this link to get the allotment status.
Jain Resource Recycling IPO Dates & Listing Performance
| IPO Opening Date | 24 September 2025 |
| IPO Closing Date | 26 September 2025 |
| Finalization of Basis of Allotment | 29 September 2025 |
| Initiation of refunds | 30 September 2025 |
| Transfer of shares to demat accounts | 30 September 2025 |
| Jain Resource Recycling IPO Listing Date | 1 October 2025 |
| Opening Price on NSE | INR 265.05 per share (up 14.25%) |
| Closing Price on NSE | INR 318.06 per share (up 37.09%) |
Jain Resource Recycling IPO Reviews – Subscribe or Avoid?
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Jain Resource Recycling IPO Lead Manager
DAM CAPITAL ADVISORS LIMITED
One BKC, Tower C, 15th Floor, Unit No.1511,
Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone: +912242022500
Email: [email protected]
Website: www.damcapital.in
Jain Resource Recycling Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222/1800309400
E-mail: [email protected]
Website: www.kfintech.com
Jain Resource Recycling Contact Details
JAIN RESOURCE RECYCLING LIMITED
The Lattice, Old No 7/1, New No 20, 4th Floor,
Waddles Road, Kilpauk, Chennai, Tamil Nadu- 600010
Phone: 044 4340 9494
Email: [email protected]
Website: www.jainmetalgroup.com
Jain Resource Recycling IPO FAQs
How many shares in the Jain Resource Recycling IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in the Jain Resource Recycling Public Offer?
The best way to apply for the Jain Resource Recycling public offer is through Internet banking, ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Jain Resource Recycling IPO GMP today?
Jain Resource Recycling IPO GMP today is INR 16 per share.
What is the Jain Resource Recycling kostak rate today?
Jain Resource Recycling kostak rate today is INR NA per application.
What is the Jain Resource Recycling Subject to Sauda rate today?
Jain Resource Recycling Subject to Sauda rate today is INR 800 per application.
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