Check Jain Resources Recycling IPO Subscription Day 2
- September 26, 2025
- Posted by: sachet
- Category: IPO
Click and Sign Up to Get Latest Updates on Jain Resources Recycling IPO
Here, the Jain Resources Recycling IPO launched on 24th September 2025. The issue will be closed for bidding today, on 26th September 2025. The primary aim of the Jain Resources Recycling IPO is to raise ₹1,250.00 crores from the market. Additionally, the Jain Resources Recycling IPO has received an impressive level of subscription, which suggests that the shares will be listed at a remarkable premium. Scroll down to check the Jain Resources Recycling IPO subscription and details.
Jain Resources Recycling IPO Details
| IPO Open Date | 24th September 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹220 to ₹232 per share |
| Lot Size | 64 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & NSE |
| IPO Close Date | 26th September 2025 |
| Listing Date | 1st October 2025 |
The price band for the Jain Resources Recycling IPO has been prescribed as ₹1,250.00 per share, with a total of 5,38,79,311 shares to be issued. Let’s segregate the share quota fixed for different categories of investors.
| Categories | Shares Offered | % Shares offered |
| QIB Shares Offered | 4,04,09,483 | 75.00% |
| NII (HNI) Shares Offered | 80,81,897 | 15.00% |
| Retail Investors | 53,87,931 | 10.00% |
| Total Shares Offered | 5,38,79,311 | 100.00% |
Jain Resources Recycling IPO Subscription Status
As of now, the Jain Resources Recycling IPO has been subscribed to 1.31 times. Of these, 1.35 times are subscribed by retail investors, 0.52 times by non-institutional investors, and 1.70 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Jain Resources Recycling IPO listing on 1st October 2025. Jain Resources Recycling also has a positive outlook behind the fresh issue of 2.16 crore shares, which is expected to raise around Rs 1,250.00 crore.
About Jain Resources Recycling Limited
Jain Resources Recycling Limited, established in 2022, 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 various sectors, including 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.
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of Jain Resources Recycling Limited.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 33.62 |
| EPS (Earnings Per Share) | 6.90 |
| RoNW | 41.56% |
| ROCE | 24.22% |
| ROE | 40.77% |
| EBITDA Margin | 5.17% |
| Price to Book Value | 20.44 |
| Market Capitalisation | ₹8005.99 Cr. |
Jain Resources Recycling IPO Listing Expectations
The Jain Resources Recycling IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. A 7.33% jump in Jain Resources Recycling IPO GMP indicates that the estimated listing price per share will be approximately Rs 17.
It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendation.
Jain Resources Recycling IPO GMP Today

We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the Jain Resources Recycling IPO GMP for 25th September 2025.
The grey market premium for this IPO is 7.33%, or Rs 17 per share. It indicates that the estimated listing price per share is Rs 249. Numerous factors contributed to this significant increase in the Jain Resources Recycling IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 27-09-2025 | ₹- | ₹- | ₹- | – |
| 26-09-2025 | ₹- | ₹- | ₹- | – |
| 25-09-2025 | ₹232.00 | ₹17.00 | ₹249.00 | 7.33% |
| 24-09-2025 | ₹232.00 | ₹20.00 | ₹252.00 | 8.62% |
| 23-09-2025 | ₹232.00 | ₹30.00 | ₹262.00 | 12.93% |
| 22-09-2025 | ₹232.00 | ₹19.00 | ₹251.00 | 8.19% |
| 21-09-2025 | ₹232.00 | ₹17.00 | ₹249.00 | 7.33% |
| 20-09-2025 | ₹232.00 | ₹13.00 | ₹245.00 | 5.60% |
| 19-09-2025 | ₹232.00 | ₹23.00 | ₹255.00 | 9.91% |
Jain Resources Recycling IPO Dates
| IPO Open Date | 24th September 2025 |
| IPO Close Date | 26th September 2025 |
| Allotment | 29th September 2025 |
| Refund Date | 30th September 2025 |
| IPO Listing Date | 1st October 2025 |
Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.
Download the Univest iOS App or Univest Android App to get daily stock recommendations and insightful research pieces!
Recent Articles
Top 10 Penny Stocks in India | Penny Stocks to Buy in 2025
Best Stocks to Buy Today: Explore Best Stocks With Expected Trends
Milky Mist Dairy Foods IPO Details: Everything You Should Know about
Karbonsteel Engineering IPO GMP & Review: Should You Apply or Avoid?
Taurian MPS IPO GMP & Review: Should You Apply or Avoid?
Shringar House of Mangalsutra IPO GMP & Review: Should You Apply or Avoid?
Dev Accelerator IPO GMP & Review: Apply or Avoid?