Jain Resource Recycling Limited IPO
Jain Resource Recycling Limited was a mainboard IPO in the Diversified Metals sector, offered at ₹220–₹232 per share to raise ₹1,250 crore. The issue was subscribed 15.9× overall (QIBs 25.29×, NIIs 5.3×, retail 3.62×). It listed on 1 Oct 2025 at ₹265 and closed its first day at ₹318, a listing gain of +37.1% versus the ₹232 issue price. It now trades around ₹270 (+16.4% versus the issue price).
Frequently asked questions
- How many times was the Jain Resource Recycling Limited IPO subscribed?
- The Jain Resource Recycling Limited IPO was subscribed 15.9× overall — 25.29× in the QIB category, 5.3× among non-institutional investors, 3.62× in retail.
- What were the Jain Resource Recycling Limited IPO listing gains?
- Jain Resource Recycling Limited listed on 1 Oct 2025 at ₹265, closing its first day at ₹318 — a listing gain of +37.1% versus the ₹232 issue price.
- What were the retail allotment odds for the Jain Resource Recycling Limited IPO?
- Retail was subscribed 3.62×, so a single-lot application had roughly a 27.6% chance of allotment (about 1 in 4), and allotment was finalised on 29 Sep 2025.
- What was the price band and lot size of the Jain Resource Recycling Limited IPO?
- The price band was ₹220–₹232 per share, with a minimum lot of 64 shares (₹14,848 at the upper band).
- Who were the registrar and lead manager for the Jain Resource Recycling Limited IPO?
- KFin Technologies Limited was the registrar, and DAM Capital Advisors was the book-running lead manager.