Jain Resource Recycling IPO is a book-built issue aiming to raise ₹1,250.00 crore. It is a book-built issue worth ₹1,250.00 crore, comprising a fresh issue of 2.16 crore shares worth ₹500.00 crore and an offer for sale of 3.23 crore shares worth ₹750.00 crore. The IPO opened for subscription on September 24, 2025, and will close on September 26, 2025. The allotment is expected to be finalised on September 29, 2025. Jain Resource Recycling is set to list on BSE and NSE, with a tentative listing date of October 1, 2025.
The IPO was priced at ₹220 to ₹232 per share with a lot size of 64 shares. The public issue received bids for 4,85,13,792 shares against 2,96,33,622 shares available, resulting in an overall subscription of 1.64 times. QIBs subscribed 1.73 times their quota, NIIs at 1.19 times and retail investors at 2.04 times.
Jain Resource Recycling’s ₹1,250.00 crore IPO, comprising a fresh issue of 2.16 crore equity shares aggregating to ₹500.00 crore and an offer for sale of 3.23 crore equity shares amounting to ₹750.00 crore, opened for bidding from September 24 to September 26, 2025. The Jain Resource Recycling IPO allotment status is expected on September 29, 2025, with listing on BSE and NSE tentatively scheduled for October 1, 2025.
The table below breaks down the Jain Resource Recycling share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 4,04,09,483 (75.00%) |
| − Anchor Investor Shares Offered | 2,42,45,689 (45.00%) |
| − QIB (Ex. Anchor) Shares Offered | 1,61,63,794 (30.00%) |
| NII (HNI) Shares Offered | 80,81,897 (15.00%) |
| − bNII > ₹10L | 53,87,931 (10.00%) |
| − sNII < ₹10L | 26,93,966 (5.00%) |
| Retail Shares Offered | 53,87,931 (10.00%) |
| Total Shares Offered | 5,38,79,311 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 1.73 |
| Non-Institutional Investors | 1.19 |
| Retail Individual Investors | 2.04 |
| Total shares | 1.64 |
Note: The subscription details are as of Sep 26, 2025
Incorporated in 2022, Jain Resource Recycling Limited specialises in the recycling and manufacturing of non-ferrous metal products. Its product range includes lead and lead alloy ingots, copper and copper ingots, as well as aluminium and aluminium alloys.
The company operates three recycling facilities at SIPCOT Industrial Estate, Gummidipoondi, Chennai, which process various types of metal scrap such as copper (birch, druid), lead (radio, relay, rains, rinks), and aluminium (tread, talon, tense). Additionally, through its subsidiary JIGV, Jain Resource Recycling runs a gold refining facility in the Sharjah Airport International Free Zone (SAIF-Zone), UAE.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 26, 2025, 11:59 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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