
Jain Resource Recycling
01 Oct '25MAINBOARD
Min. Investment
₹14,080
Issue size
₹1250 Cr
GMP
Locked
Overall subscription: 6.85x
Check allotment status
Expert verdict

IPO dates
24 Sep
Opening
26 Sep
Closing
29 Sep
Allotment
01 Oct
Listing
*Refunds will be initiated on 30 Sep '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 64 | ₹14,848 |
| HNI (Min) | 14 | 896 | ₹2,07,872 |

Subscription (as on 07 November 2025, 06:30 PM)
Overall6.85x
About company
Founded: 1953|MD: Mr Kamlesh Jain
- Jain Resource Recycling, part of the Jain Metal Group, is involved in the recycling and production of non-ferrous metals in India. The company specialises in the recycling of lead, copper, and aluminium scrap into ingots, alloys, and other metal products. Its product portfolio includes lead and lead alloy ingots, copper and copper ingots, and aluminium and aluminium alloys, with some products registered on the London Metal Exchange for wider global market access. Jain Resource Recycling also engages in the trading of non-ferrous metals.
- The company operates three recycling facilities in Gummidipoondi (Chennai), focusing on copper, lead, and aluminium scrap. It also operates a gold refining facility in Sharjah, United Arab Emirates (UAE), although gold refining ceased in April 2025.
- Jain Resource Recycling sources raw materials from over 120 countries and exports products globally, catering to industries such as automotive, electronics, and lead-acid batteries.
Issue Details & Objective
Lot size
64 Shares
Price band
₹220 to 232
Face value
₹2 per share

Financials
IPO reservation
Anchor investor - 31.03%
QIB - 51.72%
HNI - 10.34%
Retail - 6.90%
FAQs
Should I apply for the Jain Resource Recycling IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Jain Resource Recycling IPO?
The issue size of Jain Resource Recycling IPO is ₹1250 Cr
What are the open and close dates for Jain Resource Recycling IPO?
The Jain Resource Recycling IPO will be open for applications from 24 Sep '25 to 26 Sep '25
What is the lot size and minimum order quantity of Jain Resource Recycling IPO?
The lot size of Jain Resource Recycling IPO is 64 Shares and its minimum investment amount is ₹14,080.
What is the GMP value of Jain Resource Recycling IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Jain Resource Recycling IPO is 10.78

