Jain Resource Recycling Ltd IPO Details

Introduction

Jain Resource Recycling Ltd, a dynamic force in India’s non-ferrous recycling sector, is set to open its ₹1,250 crore IPO from September 24–26, 2025. With a business built on sustainability and industrial value creation, Jain transforms scrap metal into lead, copper, aluminium, and tin ingots for clients across batteries, electronics, pigment, and automotive segments. Boasting strong revenue growth and expanding exports, the company’s public listing invites investors to participate in India’s transition to a circular economy.

IPO Highlights

• Issue Size: ₹1,250 crore (₹500 crore fresh issue + ₹750 crore OFS)
• Price Band: ₹220–₹232 per share
• Lot Size: 64 shares (₹14,848 minimum application)
• Subscription Dates: September 24–26, 2025
• Listing Date: October 1, 2025 (BSE, NSE)
• Promoter: Kamlesh Jain
• Registrar: Kfin Technologies Ltd

Business Snapshot

• Facilities: 3 major recycling plants in Chennai, 1 gold refining unit in Sharjah, UAE
• Products: Lead, copper, aluminium, tin ingots, alloys, plastics
• Customers: Global outreach—exports to China, Singapore, South Korea, UAE, and more
• Operational Scale: Over 64,000 MTPA capacity, 411 permanent employees

Company Financials :-

Jain Resource Recycling Ltd.'s revenue increased by 60% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	1,836.24	1,528.76	1,115.96
Total Income	7,162.15	4,484.84	3,107.53
Profit After Tax	223.29	163.83	91.81
EBITDA	368.58	227.22	124.18
NET Worth	707.46	367.18	196.97
Reserves and Surplus	660.01	328.13	161.30
Total Borrowing	919.92	909.38	732.79
Amount in ₹ Crore

Objective of the Issue 

The Company Jain Resource Recycling IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No.	Objects of the Issue	Expected Amount (in Millions)
1	Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.	3,750
2	General corporate purposes.

Strengths

• Sustainability Leader: Proven commitment to recycling and circular practices.
• Diversified Portfolio: Non-ferrous metals across key growth industries.
• Global Reach: Strong export growth and logistics network via Chennai, Ennore ports.
• Efficient Procurement: Sourcing scrap from 120+ countries, supporting cost efficiency.

Risks

• Commodity Volatility: Global scrap prices can impact margins.
• Regulatory Dependence: High operational compliance and permitting requirements.
• Operational Hazards: Recycling industry exposed to environmental liabilities.
• Market Concentration: Sector-linked industrial demand influences growth cycles.

How To Apply for the Online?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

Final Thought :-

Jain Resource Recycling Ltd’s IPO stands at the confluence of green ambition and industrial expansion. For investors committed to sustainable practices and sectoral growth, this listing offers not only financial opportunity but a stake in tomorrow’s circular economy.

FAQs

Q: What are the Jain Resource Recycling IPO dates?
September 24–26, 2025 for subscription; October 1, 2025 for listing.

Q: What’s the minimum application size?
1 lot of 64 shares, ₹14,848 at the upper price band. Q: What does Jain Resource Recycling do?
Recycles and manufactures non-ferrous metal ingots and alloys; operates in India and UAE, exports globally.

Q: How are IPO proceeds utilized?
Repayment of borrowings and for general corporate purposes.

Q: What drives revenue growth?
Expanding export markets, deep supplier relationships, and industrial demand for recycled materials.

Q: Where can I check allotment status?
Via Kfin Technologies Ltd registrar portal and broker notification.