Forthcoming IPO Jain Resource Recycling IPO Opens Sept 24: Price Band, Lot Size, Allotment and Listing Dates Revealed
- 19th September 2025
- 03:00:00 PM
- 3 min read
Summary
The ₹1,250 crore Jain Resource Recycling IPO opens on September 24, 2025, at a price band of ₹220–₹232 per share with a lot size of 64 shares. The issue closes on September 26, while IPO allotment will be finalised on September 29. Shares of Jain Resource Recycling IPO are scheduled to list on October 1, 2025, on NSE and BSE.
Mumbai | September 19
The much-awaited Jain Resource Recycling IPO is set to hit Dalal Street on September 24, 2025. The company plans to raise ₹1,250 crore through the share sale, priced in a band of ₹220–₹232 per share. The issue will run until September 26, with anchor bidding on September 23.
Jain Resource Recycling IPO Size and Objectives
The Jain Resource Recycling IPO combines a ₹500 crore fresh issue and an offer for sale (OFS) of ₹750 crore by promoters Kamlesh Jain and Mayank Pareek.
Out of the fresh issue, around ₹375 crore will go towards debt repayment, while the rest will be used for general corporate purposes, strengthening the company’s balance sheet and funding growth.
Lot Size and Investor Quota
Retail investors can bid in a minimum lot of 64 shares and in multiples thereafter. In line with SEBI regulations, the Jain Resource Recycling IPO has reserved:
– 75% for Qualified Institutional Buyers (QIBs)
– 15% for Non-Institutional Investors (NIIs)
– 10% for Retail Investors
This ensures wide participation across investor categories.
IPO Dates and Timeline
– IPO Open Date: September 24, 2025
– IPO Close Date: September 26, 2025
– Allotment Date: September 29, 2025
– Refunds/Demat Credit: September 30, 2025
– Listing Date: October 1, 2025, on NSE and BSE
The issue is being managed by PL Capital Advisors, Motilal Oswal Investment Advisors and ICICI Securities, with KFin Technologies as registrar.
About Jain Resource Recycling
Jain Resource Recycling IPO is backed by the company’s strong position in the non-ferrous recycling industry. The firm manufactures lead, copper, aluminium and alloy ingots by recycling scrap metal. It operates three facilities in Chennai’s SIPCOT Industrial Estate and expanded globally with a gold refining plant in Sharjah, UAE, in 2024 through its subsidiary JIGV.
The company’s customer base spans automotive, lead-acid batteries, electrical, electronics and pigment industries, with marquee clients like Vedanta-Sterlite Copper, Yash Resources, Luminous Power Technologies, along with global players Nissan Trading Co and Mitsubishi Corporation RtM Japan.
Why Investors Are Watching Jain Resource Recycling IPO
With India pushing for sustainable growth and recycling, the Jain Resource Recycling IPO comes at a time when demand for non-ferrous metals is strong across industrial sectors. The IPO’s balanced mix of debt reduction and expansion funding makes it a key listing to watch in September’s primary market calendar.
Apply to Jain Resource Recycling IPO via PL Capital’s e-IPO platform here.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
