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Jain Resource Recycling IPO GMP & Review: Should You Apply or Avoid?

Posted by : sachet | Sun Sep 21 2025

Jain Resource Recycling IPO GMP & Review: Should You Apply or Avoid?

Check Expert’s Verdicts on Jain Resource Recycling IPO

Jain Resource Recycling’ IPO is open for bidding from 24th September 2025 to 26th September 2025. It is a book-building IPO of ₹1,250.00 crores, comprising an entirely fresh issue of ₹2.16 crore, and an offer for sale of 3.23 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 1st October 2025. 

Jain Resource Recycling IPO Details 

The Jain Resource Recycling IPO date is fixed between 24th September 2025 and 26th September 2025. The face value of Jain Resource Recycling’s IPO shares is ₹2 per share, and the IPO price is set between ₹220 and ₹232 per share.

Kfin Technologies Limited is the registrar of the Jain Resource Recycling IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

IPO Open Date24th September 2025
IPO Close Date26th September 2025
IPO Allotment Date29th September 2025
Refund Initiation 30th September 2025
Issue Size5,38,89,310 shares(aggregating up to ₹1,250.00 Cr)
Fresh Issue2,15,51,724 shares(aggregating up to ₹500.00 Cr)
Offer for sale3,23,27,586 shares of ₹2(aggregating up to ₹750.00 Cr)
Face Value₹2 per share
Lot Size64 shares
Issue Price Final₹220 to ₹232 per share
Issue TypeBookbuilding IPO
Listing AtBSE & NSE
Listing Date1st October 2025

Jain Resource Recycling IPO Share Reservation

Jain Resource Recycling’ IPO is a bookbuilding IPO of ₹1,250.00 crores, and entirely a fresh issue of 2.16 crore, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesShares Offered
QIB Shares OfferedNot more than 75% of the Net Issue
Retail Shares OfferedNot less than 10% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue

Jain Resource Recycling IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Jain Resource Recycling IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
20-09-2025₹232.00₹16.00₹248.006.90%
19-09-2025₹232.00₹23.00₹255.009.91%

As of 20th September 2025, Jain Resource Recycling’s IPO GMP stands at ₹16 per share, indicating that the share is likely to list at ₹248 on its tentative listing date, 1st October 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Jain Resource Recycling GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Jain Resource Recycling IPO GMP Review

Check out the detailed Jain Resource Recycling GMP IPO review for a thorough understanding of its potential to report listing gains on 1st October 2025. The Jain Resource Recycling IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Jain Resource Recycling IPO.

Jain Resource Recycling Limited’s revenue increased by 60% from ₹4,484.84 crores in March 2024 to ₹7,162.15 crores in March 2025. Moreover, the company’s PAT rose by 36% from ₹163.83 crores to ₹223.29 crores.

Jain Resource Recycling Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Jain Resource Recycling IPO for its tentative listing day, 1st October 2025.  

Technical Analysis

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 the Jain Resource Recycling IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 33.62
EPS (Earnings Per Share)6.90
RoNW41.56%
ROCE24.22%
ROE40.77%
EBITDA Margin5.17%
Price to Book Value20.44
Market Capitalisation₹8005.99 Cr.

The P/E ratio of Jain Resource Recycling Limited’s share is 33.62, and its Earnings Per Share (EPS) stands at 6.90. Thus, the Jain Resource Recycling Limited IPO can potentially deliver gains on its tentative listing date, 1st October 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Jain Resource Recycling Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio33.6235.86
EPS 6.906.47

Seshaasai Technologies Limited IPO Peer Comparison

Company NameEPSP/E RatioRoNWFace valueRevenue
Jain Resources Recycling7.1641.56₹57,162.15
Gravita India Limited45.1137.6722.33₹21,070
Pondy Oxides & Chemicals Limited22.0355.2412.71₹5604

Jain Resource Recycling IPO Subscription Status

The Jain Resource Recycling IPO is scheduled to open for bidding on September 24, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Jain Resource Recycling IPO subscription status. 

Investor CategoryShares OfferedShares SubscribedSubscription to the Times
QIB Shares OfferedNot more than 75% of the Net IssueYet to be announcedYet to be announced
Retail Shares OfferedNot less than 10% of the Net IssueYet to be announcedYet to be announced
NII (HNI) Shares OfferedNot less than 15% of the Net IssueYet to be announcedYet to be announced

About Jain Resource Recycling Limited

Jain Resources Recycling Limited established 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.

Jain Resource Recycling Limited Financials

The company’s financial analysis is essential before applying for the Jain Resource Recycling  IPO. Refer to the table to learn about Jain Resource Recycling Limited’s financial information. 

Year Ended31st March 2024 (in cr.)31st March 2023 (in cr.)31st March 2022 (in cr)
Assets1,836.241,528.761,115.96
Revenue7,162.154,484.843,107.53
Profit After Tax223.29163.8391.81
Net Worth707.46367.18196.97
EBITDA368.58227.22124.18
Reserve and Surplus660.01328.13151.30
Total Borrowing919.92909.38732.79

Explanation

Jain Resource Recycling Limited’s revenue increased by 60% from ₹4,484.84 crores in March 2024 to ₹7,162.15 crores in March 2025. Moreover, the company’s PAT rose by 36% from ₹163.83 crores to ₹223.29 crores.

Jain Resource Recycling IPO Bidding Requirements

Investors can bid for a minimum of 73 shares and in multiples thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual Investors (Retail) (Min)164₹14,848
Individual Investors (Retail) (Max13832₹1,93,024
S-HNI (Min)14896₹2,07,872
S-HNI (Max)674,288₹9,94,816
B-HNI (Max)684,352₹10,09,664

Jain Resource Recycling’s IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Jain Resource Recycling IPO Promoter Holding

Refer to the table below to review the holdings of Jain Resource Recycling Limited’s promoters: Sanjay Singhania, Ajay DD Singhania, Bajrang Bothra, Laxmi Pat Bothra and Nikhil Bothra.

Share Holding Pre-Issue89.96%
Share Holding Post-Issue

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim of the Jain Resource Recycling IPO

The primary aim of the Jain Resource Recycling IPO is to raise ₹1,250.00 crore. On the other hand, Jain Resource Recycling has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Jain Resource Recycling IPO.

  • To Pre-payment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company.
  • To General corporate purposes.

Should I Invest in the Jain Resource Recycling IPO?

Explore the pros and cons of Jain Resource Recycling to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in generating profits in the coming decades. 

Pros of Jain Resource Recycling IPO

  • The company has a track record of profitability and consistent financial performance in an industry.
  • The company has a strong base with global customers
  • Experience management teams and qualified personnel in an industry

Cons of Jain Resource Recycling IPO

  •  Heavy dependence on a few products
  • The company depends on the other suppliers for scrap metals
  • The compoany raw material have been relatively low
  • The company depend on the exports  

How to Apply for the Jain Resource Recycling IPO?

Please follow the steps outlined below to apply for a position at Jain Resource Recycling Limited.

  • Step 1: Conduct thorough research on the Jain Resource Recycling IPO, including GMP, subscription status, issue size, lot size, and other relevant details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Place a bid for one lot of 64 shares, valued at ₹14,848.
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Jain Resource Recycling IPO from more than one demat account to increase your chances of allotment. 

How to Check Jain Resource Recycling IPO Allotment Status?

You can check whether the Jain Resource Recycling IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

  • Visit the NSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Jain Resource Recycling IPO.  
  • Choose whether to proceed with the PAN number or the application number. 
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal.
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Jain Resource Recycling IPO allotment status.

Let’s Wrap

Jain Resource Recycling’s IPO is a fresh issue of shares worth ₹1,250 crores. The shares of Jain Resource Recycling Limited will be listed on BSE and NSE on its tentative listing date of 1st October 2025. Researching the Jain Resource Recycling IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Jain Resource Recycling IPO

How is the Jain Resource Recycling IPO?

Ans. Currently, on 20th September 2025, the Jain Resource Recycling IPO GMP (Grey Market Premium) stands at ₹16. It indicates that the estimated listing price could be ₹248 per share. It is a book-building IPO of ₹1,250 crores, comprising an entirely fresh issue of 2016 crore shares, and an offer for sale of 3.23 crore shares. The face value of each share of Jain Resource Recycling Limited is ₹2 per share.

What is the IPO price of Jain Resource Recycling?

Ans. The Jain Resource Recycling IPO price is set at ₹220.00 to ₹232.00 per share.  Retail investors can apply for a minimum of 1 lot, each consisting of 64 shares, worth ₹14,848. Moreover, HNIs are required to bid for a minimum of 14 lots (896 shares) worth ₹2,07,872.

Is the Jain Resource Recycling IPO a good investment?

Ans. Jain Resource Recycling Limited’s revenue increased by 60% from ₹4,484.84 crores in March 2024 to ₹7,162.15 crores in March 2025. Moreover, the company’s PAT rose by 36% from ₹163.83 crores to ₹223.29 crores.

Who is the registrar of the Jain Resource Recycling IPO?

Ans. Kfin Technologies Limited is the registrar of the Jain Resource Recycling IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Jain Resource Recycling allotment and refund, you can contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222, 04079611000.

What is the issue size of the Jain Resource Recycling IPO?  

Ans. Jain Resource Recycling” IPO is a book-building IPO of ₹1,250 crores, comprising an entirely fresh issue of 2.16 crore shares. Moreover, the IPO is set to open on 24th September 2025 and will be closed on 26th September 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Jain Resource Recycling IPO, download the Jain Resource Recycling IPO RHP and the Jain Resource Recycling IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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