Invest in Jain Resource Recycling IPO: Key Details and Insights for Investors
Invest in Jain Resource Recycling IPO: Key Details and Insights for Investors
The upcoming Jain Resource Recycling IPO presents an exciting opportunity for investors in the Indian stock market. This article provides an in-depth overview of the company, its offerings, and critical insights into the IPO process.
Company Overview
Founded in 2020, Jain Resource Recycling operates in the industry of non-ferrous metal recycling. The company focuses on manufacturing non-ferrous metal products through the recycling of non-ferrous metal scrap. Jain Resource Recycling aims to reduce environmental impact through efficient recycling processes. The company has shown significant growth, generating revenue of approximately ₹3,010 Crores for the financial year ending March 31, 2024.
IPO Details
- IPO Type: Mainline IPO
- Issue Size: ₹1,250 Crores (₹500 Crores fresh issue and ₹750 Crores OFS)
- Price Band: ₹220.00 to ₹232.00 per share
- Lot Size: 64 shares
- GMP: Data to be confirmed during IPO tenure
- Open Date: September 24, 2025
- Close Date: September 26, 2025
- Listing Date: October 1, 2025
IPO Objectives
The funds raised through the Jain Resource Recycling IPO will primarily be utilized for:
- Prepayment or scheduled repayment of a portion of certain outstanding borrowings.
- General corporate purposes to support operational efficiencies and expansion plans.
Pre-IPO Placements
Information regarding pre-IPO placements and major investors is still emerging, with details expected to finalize as the IPO opens for subscription.
Financial Highlights
- Revenue: ₹4,484.84 Crores (FY 2022), ₹7,162.15 Crores (FY 2023)
- PAT: ₹163.83 Crores (FY 2022), ₹223.29 Crores (FY 2023)
- ROE: Data pending for FYs 2022 and 2023
Peer Comparison
Peer companies in the non-ferrous recycling sector will be evaluated based on their PE ratios, ROE, and market capitalizations to establish Jain Resource Recycling’s relative positioning.
Strengths
- Strong revenue growth with an expanding market presence in eco-friendly recycling.
- Expertise in managing non-ferrous metal scrap efficiently, minimizing waste.
Risks
- Volatility in global scrap and recycled material prices may affect profitability.
- High dependence on regulatory compliance and exposure to operational hazards.
Expert Verdict
Jain Resource Recycling offers a growing market presence and robust revenue potential. However, investors must consider market volatility and operational risks.
Subscription Status
As of the IPO opening date, subscription status will vary for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail investors. Detailed subscription rates will be updated as the bidding progresses.
Allotment & Listing Timeline
The allotment date for shares will be September 29, 2025, with listing scheduled for October 1, 2025.
FAQs
- What is the minimum investment required for Jain Resource Recycling IPO?
The minimum investment for the IPO is calculated based on the lot size of 64 shares. - How can investors apply for the Jain Resource Recycling IPO?
Investors can apply through online platforms like Zerodha or via regular brokers. For detailed application steps, visit Zerodha IPO Page.