On the last day, the Jain Resource Recycling IPO was subscribed 16.76 times overall, the retail quota 3.81 times, the QIB 26.67 times, and the NII quota 5.59 times, respectively.
Details About Jain Resource Recycling IPO
Jain Resource Recycling got approval from SEBI for an IPO of ₹1,250 crores. This IPO consists of a fresh issue of ₹500 crores and offer for sale up to 3,23,27,586 equity shares with a face value of ₹2 each. Moreover, the company has set up a price band between ₹220 to ₹232 per share.
In this IPO, a total of 64 shares were available in 1 lot sizes for the minimum Retail category, and for the maximum retail category, 832 shares in 13 lot sizes. S-HNI (Min) has a total of 896 shares in 14-lot sizes. S-HNI Max has a total of 4,288 shares in 67 lot sizes. While B-HNI Min has a total of 4,352 shares in 68 sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,848 and maximum investment of ₹1,93,024.
- Small HNI (S-HNI): Minimum investment of ₹2,07,872.
- Small HNI: Maximum investment of ₹9,94,816.
- B-HNI Minimum: Minimum investment of ₹10,09,664.
Subscription Duration of the Jain Resource Recycling IPO
The Jain Resource Recycling IPO opening date was September 24, 2025, and the closing date was September 26, 2025.
The allotment of Jain Resource Recycling was finalized on September 29, 2025, while the IPO listing is on October 1, 2025.
About Jain Resource Recycling IPO
Jain Metal Group is one of the leading companies in terms of recycling and producing non-ferrous metals in India. The company was founded in 2022. The company has advanced facilities, which are the major reason for their success, because these advanced facilities are able to handle multiple recycling processes at one location, along with a strong global network for sourcing recyclable materials.
The company has raw materials, including: lead scrap types like rains, rinks, relay, and radio for lead products; (ii) copper scrap types like druid, berry, and birch for copper products; and (iii) aluminium scrap types like tread, talon, and tense for aluminium products. The firm provides its products to various companies in different industries, such as lead-acid batteries, electrical and electronics, pigments, and automotive.
