Jain Resource Recycling Limited IPO
Diversified Metals · DRHP 31 Mar 2025 · listed 1 Oct 2025
Follow this IPOuse-of-proceeds reports, on Telegram
- Issue price
- ₹232.00
- band ₹220.00 to ₹232.00
- Issue size
- ₹1,250.0 cr
- fresh ₹500 cr · OFS ₹750 cr
- Lot
- 64 shares
- ₹14,848 at the top of the band
- Subscription window
- 24 Sept to 26 Sept
- 2025
- Listing
- 1 Oct 2025
- NSE
- Subscribed
- 9.2x
- retail 1.8x
About the Jain Resource Recycling IPO
Jain Resource Recycling Limited raised ₹1,250 crore through a mainboard IPO on NSE and BSE: a fresh issue of ₹500 crore and an offer for sale of ₹750 crore. The fresh issue goes to the company; the offer for sale goes to the shareholders selling.
Bidding ran Wed 24 Sept to Fri 26 Sept, at an issue price of ₹232 a share, in lots of 64 shares. The shares listed on 1 Oct 2025.
The book-running lead managers are DAM Capital Advisors Limited, ICICI Securities Limited and Motilal Oswal Investment Advisors Limited. The registrar, which handles allotment, is KFin Technologies Limited.
The issue was subscribed 9.16 times overall, with the retail portion at 1.81 times, as the exchange's bid book showed.
The draft offer document was filed on 31 Mar 2025.
newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.
Jain Resource Recycling IPO: questions answered
When was the Jain Resource Recycling IPO open, and what were the price band and lot size?
Bidding ran Wed 24 Sept to Fri 26 Sept. The issue price is ₹232 a share. One lot is 64 shares, ₹14,848 at the upper end of the band.
When did the Jain Resource Recycling IPO list?
The shares listed on 1 Oct 2025 on NSE and BSE.
How do I check the Jain Resource Recycling IPO allotment status?
Allotment is finalised by the registrar, KFin Technologies Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.
The Jain Resource Recycling IPO allotment status page, with the direct links
Who are the registrar and lead managers of the Jain Resource Recycling IPO?
The book-running lead managers are DAM Capital Advisors Limited, ICICI Securities Limited and Motilal Oswal Investment Advisors Limited. The registrar, which handles applications and allotment, is KFin Technologies Limited.
How many times was the Jain Resource Recycling IPO subscribed?
9.16 times overall, as the exchange's bid book last showed: qualified institutions 14.33 times, non-institutional investors 3.28 times and retail 1.81 times.
Is the Jain Resource Recycling IPO a fresh issue or an offer for sale?
A fresh issue of ₹500 crore, which goes to the company, and an offer for sale of ₹750 crore, which goes to the shareholders selling (60% of the issue).
What is the Jain Resource Recycling IPO GMP?
newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.
Where the money went
The monitoring agency's report for the quarter to 30 Sept 2026: each object in the offer document and how much of it had been used by then.
| Object | Proposed, ₹ crore | Used, ₹ crore |
|---|---|---|
| Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company Management undertaking, Peer- reviewed Independent | 263.6 | 226.9 |
| Total | 5,000.0 | 4,963.4 |
Jain Resource Recycling IPO: the next step, on Telegram
A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.
Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.
The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.