The Jain Resource Recycling IPO will open on September 24, 2025, and close on September 26, 2025. This Book Built Issue aims to raise about ₹1,250 crores, comprising a fresh issue of ₹500 crores and an offer for sale of up to 3,23,27,586 equity shares with a face value of ₹2 each.

The price band is set at ₹220–₹232 per share, with an allocation of 10% for retail investors, 50% for QIBs, and 15% for HNIs. The IPO is scheduled to list on the BSE and NSE on October 1, 2025, while the allotment date is September 29, 2025.

For FY 2025, the company posted revenue of ₹7,162.15 crores, up from ₹4,484.84 crores in 2024, and a profit of ₹223.29 crores, compared to ₹163.83 crores in 2024. Based on these financials, the IPO is viewed as a good long-term investment opportunity.

About Jain Resource Recycling IPO

With a rich legacy spanning seven decades, Jain Metal Group has established itself as a pioneer in the recycling and production of non-ferrous metals in India. (Source: CRISIL). We are India’s largest and fastest-growing non-ferrous metal recycling business, in terms of revenue for Fiscal 2024, Fiscal 2023 and Fiscal 2022 (Source: CRISIL). The group's success can be attributed to its state-of-the-art infrastructure and capabilities to handle multiple products in recycling at a single location, as well as its extensive global network for sourcing recyclable materials. (Source: CRISIL). Our Company was originally constituted as a partnership firm in the year 1953 under the name of Jain Metal Rolling Mills which was reconstituted vide partnership deed dated April 1, 1993, and subsequently converted into our Company on February 25, 2022, as a private limited company under the Companies Act, 2013. We commenced our recycling operations under our erstwhile partnership firm in the Fiscal year 2013. We are primarily focused on manufacturing of non-ferrous metal products by way of recycling of non-ferrous metal scrap.

Our product portfolio comprises of (i) lead and lead alloy ingots; (ii) copper and copper ingots; and (iii) aluminium and aluminium alloys. Our Company is amongst the two recycling companies in India to get its lead ingot registered as a brand by the London Metal Exchange (Source: CRISIL) which provides the Company a distinct advantage of access to a broader customer base by offering products compliant with international quality standards along with the benefit of LME reference pricing with respect to supply of its products in global markets.