Jain Resource Recycling IPO
Jain Resource Recycling IPO — date, price band, GMP & allotment 2025
Jain Resource Recycling recently launched its **₹1,250 crore IPO**, offering fresh shares and an offer‑for‑sale to public investors. The company, one of India’s largest **non‑ferrous metal recyclers**, buys scrap and turns it into lead, copper and aluminium products. The issue was well received, subscribed many times over, and the shares made a strong listing on both BSE and NSE in October 2025. ([business-standard.com][1])
Stock price
Jain Resource Recycling is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 16 September.
- Open 24 Sep 2025
- Close 26 Sep 2025
- Allotment 29 Sep 2025
- Refund/credit 30 Sep 2025
- Listing 01 Oct 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 24 to 26 Sep, 2025 |
|---|---|
| Price Band | ₹220 – ₹232 |
| Face Value | ₹2 |
| Lot Size | 64 Shares |
| Issue Size | ₹1250 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE & NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,848 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 64 shares at the ₹232 cut-off. Drag to size your application.
| 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) | 67 | 4,288 | ₹9,94,816 |
| B-HNI (min) | 68 | 4,352 | ₹10,09,664 |
Three years of numbers
All figures in ₹ crore, as reported in the Jain Resource Recycling offer document.
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 7,162.15 | 4,484.84 | 3,107.53 |
| EBITDA | 368.58 | 227.22 | 124.18 |
| Net Profit | 223.29 | 163.83 | 91.81 |
| Debt | 919.92 | 909.38 | 732.79 |
| Assets | 1,836.24 | 1,528.76 | 1,115.96 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Jain Resource Recycling RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Jain Resource Recycling IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹6.90 |
| P/E Ratio (x) | 33.62 |
| Market Cap at Offer Price (₹ Cr) | ₹7,507.72 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹232 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹500.00 Cr of the issue is earmarked to named objects.
About the company
The company is promoted by individuals with experience in the metal and recycling industry, who have contributed to building operational expertise and market linkages. Jain Resource Recycling follows a business model that revolves around sourcing scrap from domestic and international markets, processing it to meet quality standards, and supplying it to industrial clients across sectors such as manufacturing and engineering. By emphasizing cost efficiency, material recovery, and sustainable practices, the company positions itself as a link between waste generation and industrial raw material demand, benefiting from increasing awareness and regulatory support for recycling and circular economy initiatives.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
044 4340 9494
The bankers & the filings
Who is running the book, and the documents this page is built from.
Jain Resource Recycling IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
ICICI Securities
22 issues handledBest listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Motilal Oswal Investment Advisors
21 issues handledBest listing: Kusumgar (+37.0%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Dam Capital Advisors Ltd
8 issues handledBest listing: ESDS Software Solution (+76.5%). Weakest: Prasol Chemicals (-9.8%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Jain Resource Recycling?
The current Grey Market Premium is ₹0.
What is the Jain Resource Recycling IPO price band?
₹220 to ₹232, on a face value of ₹2.
When is the allotment?
The basis of allotment is 29 September 2025, with listing on 1 October 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
