IPO - Initial Public Offerings

 JAINREC

  

JAIN RESOURCE RECYCLING LTD. IPO

24 Sep, 10:00 AM

Issue Open

26 Sep, 05:00 PM

Issue Close

64

Lot Size

₹ 220.00 – ₹ 232.00

Price Range

IPO Issue Details

Issue size 1250.00 Cr
Market Price 232.00
Registrar KFin Technologies Limited
Face Value RS.2 /- Per share
Listing at NSE BSE

About

JAIN RESOURCE RECYCLING LTD. IPO
Incorporated 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 aluminum and aluminum 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 aluminum (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. Products Portfolio: Lead & Lead Alloy Ingots Copper & Copper Ingots Aluminum & Aluminum Alloys Tin Ingots Plastic The company has a presence in global markets including Singapore, China, Japan, and South Korea. As of July 31, 2025, the company had a total of 411 permanent employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 64 ₹ 14,848.00
Retail (Max) 13 832 ₹ 1,93,024.00
S-HNI (Min) 14 896 ₹ 2,07,872.00
S-HNI (Max) 67 4288 ₹ 9,94,816.00
B-HNI (Min) 68 4352 ₹ 10,09,664.00

IPO TimeLine

Open Date 24-Sep-2025
Close Date 26-Sep-2025
Basis of Allotment Date 29-Sep-2025
Initiation of Refunds 30-Sep-2025
Credit Shares to Demat A/c 30-Sep-2025
IPO Listing Date 01-Oct-2025