IPO Trending
JAINRECEQ / NSE, BSEListed
Jain Resource Recycling

Established in 2022, the company focuses on recycling and manufacturing non-ferrous metals, offering products such as lead and lead alloy ingots, copper and copper ingots, aluminium and aluminium alloys, tin ingots, and plastics. Its operations are supported by three recycling units located at the SIPCOT Industrial Estate in Gummidipoondi, Chennai, along with a gold refining facility in the SAIF-Zone, UAE, operated through its subsidiary JIGV. The company serves a diverse client base that includes Vedanta-Sterlite Copper, Luminous Power, Yash Resources Recycling, Mitsubishi Corporation RtM Japan, and Nissan Trading Co., while catering to markets across India, Singapore, China, Japan, and South Korea. As of July 31, 2025, the workforce comprised 411 permanent employees.

₹220 - ₹23216.76x sub
Listed Price₹265.05
Listing Gain+14.25%

IPO Schedule & Timeline

Bookbuilding IPO
Open24 Sep 2025
Close26 Sep 2025
Allotment29 Sep 2025
Listing01 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor2,42,45,689 shares
45%
QIB1,61,63,794 shares
30%
HNI80,81,897 shares
15%
Retail53,87,931 shares
10%

Minimum Application Lots

Retail1 Lot (64 shares)
₹14,848
sHNI14 Lots (896 shares)
₹2,07,872
bHNI68 Lots (4,352 shares)
₹10,09,664

Company Promoters

Kamlesh Jain

Company Background

Established in 2022, the company focuses on recycling and manufacturing non-ferrous metals, offering products such as lead and lead alloy ingots, copper and copper ingots, aluminium and aluminium alloys, tin ingots, and plastics. Its operations are supported by three recycling units located at the SIPCOT Industrial Estate in Gummidipoondi, Chennai, along wit...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹7162.2 Cr
Growth+130.5%
Revenue Trend (₹ in Crores)
0.02.7k5.5k8.2kMar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-257,162.2223.31,836.2919.9
Mar-244,484.8163.81,528.8909.4
Mar-233,107.591.81,116.0732.8

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-257.1640.77%24.22%33.6235.86
Mar-244.7057.66%19.13%00
Mar-232.6559.64%12.31%00

Peer Comparison & Valuation

Financial Performance

Jain Resource Recycling Limited

NAV/Share (₹)21.87
RONW(%)41.56
EPS (Basic) (₹)7.16

Gravita India Limited

NAV/Share (₹)273.04
RONW(%)22.33
EPS (Basic) (₹)45.11

Pondy Oxides & Chemicals Limited

NAV/Share (₹)205.26
RONW(%)12.71
EPS (Basic) (₹)22.03

Valuation

Jain Resource Recycling Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)2

Gravita India Limited

P/E(X)37.67
CMP* (₹)1699.3
Face value (₹)2

Pondy Oxides & Chemicals Limited

P/E(X)55.24
CMP* (₹)11.64.4
Face value (₹)5

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
29 Sep 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
01 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Jain Resource Recycling. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Oct 2025Trading commences on exchange

How to Check Jain Resource Recycling Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Jain Resource Recycling IPO

Complete issue overview for Jain Resource Recycling (JAINREC) IPO. The issue features an equity share price band of ₹220 – ₹232 per share with a minimum retail lot size of 64 Shares (minimum application amount of ₹14,848). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions