The Jain Resource IPO minimum market lot is 64 shares with ₹14,848 application amount. The Jain Resource IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Jain Resource IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.17 | 1.70 | 26.67 |
| NII | 0.12 | 0.52 | 5.59 |
| bNII | 0.09 | 0.36 | 5.50 |
| sNII | 0.19 | 0.83 | 5.76 |
| RII | 0.54 | 1.35 | 3.81 |
| Total | 0.77 | 1.31 | 16.76 |
Jain Resource IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Jain Resource IPO Review
- May Apply for long term
Jain Resource IPO Form
How to apply for the Jain Resource IPO? You can apply for Jain Resource IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Jain Resource IPO in the Invest section. The other option is you can apply for Jain Resource IPO via IPO forms downloaded online. Check out the Jain Resource forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
