Jain Resource Recycling IPO Price: ₹220 to ₹232 per share
IPO Dates: 24th September 2025 – 26th September 2025
Company Overview
Incorporated in 2022, Jain Resource Recycling Limited is engaged in the recycling and manufacturing of non-ferrous metal products. The company’s product portfolio includes lead and lead alloy ingots, copper and copper ingots, aluminium and aluminium alloys, tin ingots, and plastic products. By focusing on sustainable recycling practices, the company caters to both domestic and international markets, strengthening its position in the global supply chain.
Manufacturing Facilities
The company operates three recycling facilities at SIPCOT Industrial Estate, Gummidipoondi, Chennai, where it processes a wide variety of metal scrap, such as copper (birch, druid), lead (radio, relay, rains, rinks), and aluminium (tread, talon, tense).
Additionally, through its subsidiary JIGV, it owns and operates a gold refining facility located in the Sharjah Airport International Free Zone (SAIF-Zone), UAE. This diversification enables the company to serve a wide range of industries with multiple product lines.
Products and Applications
Jain Resource Recycling Limited supplies its products to several key sectors, including lead-acid battery, electrical and electronics, pigments, and automotive industries. The company’s clientele features leading domestic and international corporations such as Vedanta Limited–Sterlite Copper, Luminous Power Technologies Pvt. Ltd., Yash Resources Recycling Ltd., Mitsubishi Corporation RtM Japan, and Nissan Trading Co..
Its global market presence spans Singapore, China, Japan, and South Korea, reflecting its expanding footprint.
Competitive Strengths
- Demonstrated track record of profitability and consistent financial performance in a sector with significant entry barriers.
- Strategically located recycling facilities with multi-product handling capabilities.
- Strong customer base supported by a global footprint and deep sourcing channels.
- Effective use of hedging mechanisms to protect against commodity price risks.
- Experienced leadership team and qualified workforce with extensive industry expertise.
Bidding Starts In
Jain Resource Recycling IPO Specifics:
| IPO Date | September 24, 2025 to September 26, 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹220 to ₹232 per share |
| Lot Size | 64 Shares |
| Total Issue Size | 5,38,79,310 shares (aggregating up to ₹1,250.00 Cr) |
| Fresh Issue | 2,15,51,724 shares (aggregating up to ₹500.00 Cr) |
| Offer For Sale | 3,23,27,586 shares (aggregating up to ₹750.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 32,35,34,090 shares |
| Share Holding Post Issue | 34,50,85,814 shares |
Jain Resource Recycling IPO Timetable (Important Dates)
| IPO Open Date | Wednesday, September 24 2025 |
| IPO Close Date | Friday, September 26 2025 |
| Basis of Allotment | Monday, September 29 2025 |
| Initiation of Refunds | Tuesday, September 30 2025 |
| Credit of Shares to Demat | Tuesday, September 30 2025 |
| Listing Date | Wednesday, October 1 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 26, 2025 |
Jain Resource Recycling IPO Lot Size
Bidders have the opportunity to bid for a minimum of 64 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 64 | ₹14,848 |
| Retail (Max) | 13 | 832 | ₹1,93,024 |
| S-HNI (Min) | 14 | 896 | ₹2,07,872 |
| S-HNI (Max) | 66 | 4288 | ₹9,94,816 |
| B-HNI (Min) | 67 | 4352 | ₹10,09,664 |
Jain Resource Recycling IPO Reservation
| QIB Shares Offered | Not more than 75% of the Net offer |
| Retail Shares Offered | Not less than 10% of the Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Offer |
Key Performance Indicator – Jain Resource Recycling IPO
| KPI | Values |
|---|---|
| Market Cap | ₹8005.99 Cr |
| EPS | ₹6.90 |
| P/E (x) | 33.62 |
| ROE | 40.77% |
| ROCE | 24.22% |
| Debt/Equity | 0.92 |
| RoNW | 41.56% |
| PAT Margin | 3.13% |
Objects of the Issue:
Jain Resource Recycling Limited proposes to utilize the net proceeds from its Initial Public Offering (IPO) for the following purposes:
- Repayment/Prepayment of Borrowings: ₹3,750 million will be allocated towards prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the company, thereby reducing debt obligations and strengthening the balance sheet.
- General Corporate Purposes: The remaining funds will be utilized for general corporate activities, including administrative expenses, business development, and other strategic initiatives.
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
