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IPO Listed — 01 Oct 2025

Listing Price: ₹265 (+14.22% vs ₹232)

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Jain Resource Recycling

Jain Resource Recycling IPO Review

Jain Resource Recycling IPO has been reviewed by 2 analysts, and the overall consensus is Apply — carrying a score of 82. Out of the 2 analysts who have covered this IPO, 1 recommend subscribing while 1 advises caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹220-232 per share , with a minimum application size of 64 shares (minimum investment of approximately ₹14,848 at the upper band) . Subscription ran from 24 Sep 2025 to 26 Sep 2025. Scroll down for the full analyst breakdown and analyst-wise verdicts.

General Review

Jain Resource Recycling recycles and produces non-ferrous metals, converting scrap into lead, copper and aluminium ingots through a vertically integrated process. Revenue more than doubled from ₹3,107.53 crore in FY23 to ₹7,162.15 crore in FY25, with EBITDA reaching ₹368.58 crore. Coverage was thin: one subscribe and one neutral rating.

Listing Gains

With only two notes on a substantial ₹1,250 crore issue, there is limited analyst basis for a listing view. The split between one subscribe and one neutral rating gives no clear direction. Thin coverage relative to issue size is itself worth noting when reading the listing expectation.

Short Term Strategy

Growth has been rapid, with revenue rising about 60 percent in FY25 alone. But EBITDA of ₹368.58 crore on ₹7,162.15 crore of revenue is a margin near 5 percent, which is characteristic of metal recycling where scrap cost passes through. Near-term earnings therefore follow metal prices closely.

Long Term Strategy

The notes credit a niche position across three major non-ferrous metals, copper, lead and aluminium, with a vertically integrated recycling process. Diversification across metals reduces dependence on any single one. With thin margins, long-term returns depend on volume growth and on scrap availability staying reliable.

Disclaimer: This review is an AI summary derived from the reviews of all analysts.

Table of Contents

Analyst Sentiment

Analytical Score

How it's calculated?
Apply
82 / 100

Recommend Subscribe

Based on 2 analyst reviews

1 / 2

Higher consensus indicates broader analyst agreement.

Analyst Review

Analyst Verdict View
Canara Bank Securities
Canara Bank Securities
Apply
Capital Market
Capital Market
Neutral

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Frequently Asked Questions

Should I apply for Jain Resource Recycling IPO?

Based on analyst coverage tracked on this page, the overall verdict for Jain Resource Recycling IPO is Apply. Out of 2 analysts who have reviewed this IPO, 1 recommend subscribing. Always cross-check with the full analyst reviews below and consult a SEBI-registered advisor before making any investment decision.

What does the score of 82 mean for Jain Resource Recycling IPO?

The score of 82 is an aggregate of all analyst ratings tracked for Jain Resource Recycling IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Scroll down to read individual analyst verdicts for more context.

What was the actual listing price of Jain Resource Recycling IPO?

Jain Resource Recycling IPO listed on October 1, 2025 at ₹265 , against the issue price of ₹232 — a gain of +14.22% (₹33 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Jain Resource Recycling IPO?

Jain Resource Recycling IPO was priced at ₹220-232 per share. The minimum lot size is 64 shares, making the minimum investment approximately ₹14,848 at the upper end of the price band. Subscription ran from 24 Sep 2025 to 26 Sep 2025.

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