The Jain Resource Recycling IPO is scheduled to open for subscription on September 24, 2025, and will close on September 26, 2025. The allotment will be finalized on September 29, 2025, and the shares are expected to list on the BSE SME on October 1, 2025. This SME IPO is attracting investors due to the company’s strong financial growth and an attractive price band of ₹120–₹127 per share.
Here’s a complete guide covering IPO details, dates, promoters, financials, strengths, risks, and how to apply.
Jain Resource Recycling IPO Details
| Particulars | Details |
| IPO Open Date | 24/09/2025 |
| IPO Close Date | 26/09/2025 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹220 to ₹232 Per Share |
| Issue Size | Approx ₹1,250 Crores |
| Fresh Issue | Approx ₹500 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| RHP Draft Prospectus | Download |
| DRHP Draft Prospectus | Download |
Jain Resource Recycling IPO Market Lot
The minimum market lot for Praruh Technologies IPO is 2,000 shares, with a total application amount of ₹2,54,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 64 | ₹14,848 |
| Retail Maximum | 13 | 832 | ₹1,93,024 |
| S-HNI Minimum | 14 | 896 | ₹2,07,872 |
| S-HNI Maximum | 67 | 4,288 | ₹9,94,816 |
| B-HNI Minimum | 68 | 4352 | ₹10,09,664 |
Jain Resource Recycling IPO Reservation
| Inventory Category | Shares Offers | No. of Shares |
| Anchor | 45.00% | 24245689 |
| QIB | 30.00% | 16163794 |
| HNI | 15.00% | 8081897 |
| RETAIL | 10.00% | 5387931 |
| TOTAL | 100.00% | 53879311 |
Jain Resource IPO Timeline
The Jain Resource Recycling IPO opens on September 24, 2025, and closes on September 26, 2025. The allotment will be finalized on September 29, 2025, with the shares list on October 1, 2025.
| Event | Date |
|---|---|
| IPO Open Date | September 24, 2025 |
| IPO Close Date | September 26, 2025 |
| Basis of Allotment | September 29, 2025 |
| Refunds Initiation | September 30, 2025 |
| Credit to Demat Account | September 30, 2025 |
| IPO Listing Date | October 1, 2025 |
| IPO Bidding Cut-off Time | September 26, 2025 – 5:00 PM |
Promaters and Holding Pattern
The promoters of Jain Resource Recycling are Kamlesh Jain., who is responsible for guiding the company’s strategic growth and operational decisions.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 32,35,34,090 | 89.96% |
| Promoter Holding Post Issue | 34,50,85,814 | 84.34% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company. | 375 |
| General Corporate Purpose | – |
Company Financial
Amount ₹ in Crores
| Period Ended | March-2025 | March-2024 | March-2023 |
| Assets | 1,836.2 | 1,528.8 | 1,116.0 |
| Revenue | 7,162.2 | 4,484.8 | 3,107.5 |
| Net Worth | 707.5 | 367.2 | 197.0 |
| profit After Tax | 223.3 | 163.8 | 91.8 |
| Reserves And Surpluse | 660.0 | 328.1 | 161.3 |
| Total Borrowing | 919.9 | 909.4 | 732.8 |
Jain Resource Recycling IPO Valuation
Check Jain Resource Recycling IPO valuation details, including Price/Earnings P/E Ratio, Earnings Per Share (EPS), Return on Net Worth (RoNW), and Net Asset Value (NAV).
| KPI | March-2025 | March-2024 | March-2023 |
| EPS | 7.16 | 4.70 | 2.65 |
| ROE | 40.77 | 57.66 | 59.64 |
| ROCE | 24.22 | 19.13 | 12.31 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
About company
Jain Resource IPO, founded in 2019, is a full-service real estate mandate firm based in Maharashtra. It operates in cities like Pune, Mumbai Metropolitan Region, Nashik, Aurangabad, and Kolhapur. It helps real estate developers with pricing & sizing projects, marketing strategy, CRM, financing, and managing the sales process from lead to delivery.
It has a large network of over 3,400 channel partners and uses technology-driven tools and platforms to streamline workflows and improve customer experience.
Jain Resource Recycling IPO Strenght Factors
- Strong Financials: Revenue and profits growing consistently.
- High Returns: ROE at 40.8% and ROCE at 24% in FY25.
- Global Presence: Exports to 20+ countries, contributing 60%+ of revenue.
- Diversified Products: Lead, copper, and aluminium recycling; lead ingots listed on LME.
- Expansion Plans: Venturing into solar panels, automotive tyres, and copper-aluminium recycling.
Jain Resource Recycling IPO Risk Factors
- Raw Material Prices: Fluctuations in lead, copper, and aluminium prices can impact margins.
- Global Market Dependency: Heavy reliance on exports exposes the company to trade and currency risks.
- Industry Competition: Facing competition from domestic and international recycling players.
- Regulatory Changes: Environmental and government policies could affect operations.
- Client Concentration: Revenue depends on a few key customers.
Lead Manager
- Dam Capital Advisors Ltd
- ICICI Securities Ltd
- Motilal Oswal Investment Advisors Ltd
- PL Capital Markets Pvt Ltd
Company Details
- Name:- Jain Resource Recycling
- Email:- cs@jainmetalgroup.com
- Phone:- 044 4340 9494
- Website:- http://www.jainmetalgroup.com/
- Address:- The Lattice, Old no 7/1, New No 20, 4th Floor, Waddles Road, Kilpauk, Chennai, Tamil Nadu – 600010, India
IPO Registrar
- Name:- Kfin Technologies Limited.
- Email:- jainresource.ipo@kfintech.com
- Phone:- 04067162222, 04079611000
- Website:- https://ipostatus.kfintech.com/
Disclemer
IPO Sevak (iposevak.com) is not a SEBI-registered advisor. This content is for informational purposes only and should not be considered as investment advice. Please consult a licensed financial advisor before investing.
FAQs
1.When does the Jain Resource Recycling IPO open and close?
Ans:- The IPO opens on September 24, 2025, and closes on September 26, 2025.
2. What is the price band for the Jain Resource Recycling IPO?
Ans:- The price band is ₹220 to ₹232 per equity share.
3. What is the minimum lot size and investment amount?
Ans:- The minimum market lot is 64 shares, requiring an investment of ₹14,848.
4. Who are the promoters of the Jain Resource Recycling IPO?
Ans:- The promoter is Kamlesh Jain.
5. When will the allotment be finalized?
Ans:- The allotment will be finalized on September 29, 2025.
6. When will the Jain Resource Recycling IPO list on the stock exchange?
Ans:- The shares are expected to list on the BSE NSE on October 1, 2025.