The IPO opens on September 24, 2025 and closes on September 26, 2025. Shares are planned to be listed on BSE and NSE.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 24, 2025 |
| IPO Close Date | September 26, 2025 |
| Listing Date | October 1, 2025 |
| Face Value | ₹2 per equity share |
| Price Band | ₹220 to ₹232 per share |
| Issue Size | Approx. ₹1,250 Crores |
| Fresh Issue | Approx. ₹500 Crores |
| Offer for Sale | Approx. 3,23,27,586 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| Retail Quota | Up to 10% |
| QIB Quota | Up to 75% |
| NII (HNI) Quota | Up to 15% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 64 | 14,848 |
| Retail Maximum | 13 | 832 | 1,93,024 |
| S-HNI Minimum | 14 | 896 | 2,07,872 |
| S-HNI Maximum | 67 | 4,288 | 9,94,816 |
| B-HNI Minimum | 68 | 4,352 | 10,09,664 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | September 24, 2025 |
| IPO Closing | September 26, 2025 |
| Basis of Allotment | September 29, 2025 |
| Refund Initiation | September 30, 2025 |
| Demat Credit | September 30, 2025 |
| Listing Date | October 1, 2025 |
Promoters
- Kamlesh Jain
About the Company
To be updated soon
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 3,107.53 | 2,983.90 | 91.81 | 1,115.96 |
| 2024 | 4,484.84 | 4,270.24 | 163.83 | 1,528.76 |
| 2025 | 7,162.15 | 6,857.32 | 223.29 | 1,836.24 |
Key Financial Ratios (FY2025)
| KPI | Value |
|---|---|
| ROE | 40.77% |
| ROCE | 24.22% |
| EBITDA Margin | 5.17% |
| PAT Margin | 3.13% |
| Debt to Equity Ratio | 0.92 |
| EPS (Basic) | ₹7.16 |
| P/E Ratio | N/A |
| RoNW | 41.56% |
| Net Asset Value (NAV) | ₹21.87 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW (%) | NAV | Income |
|---|---|---|---|---|---|
| Gravita India Limited | 45.11 | 37.67 | 22.33% | 273.04 | 3,868.77 Cr. |
| Pondy Oxides & Chemicals Limited | 22.03 | 55.24 | 12.71% | 205.26 | 2,056.91 Cr. |
Purpose of the IPO
- Pre-payment or scheduled re-payment of borrowings
- General Corporate Purpose
Registrar & Contact Details
Registrar:
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: jainresource.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Lead Managers:
Dam Capital Advisors Ltd.
ICICI Securities Ltd.
Motilal Oswal Investment Advisors Ltd.
PL Capital Markets Pvt. Ltd.
Company Address:
Jain Resource Recycling Ltd.
The Lattice, Old no 7/1, New No 20, 4th Floor, Waddles Road, Kilpauk, Chennai, Tamil Nadu – 600010, India
Phone: 044 4340 9494
Email: cs@jainmetalgroup.com
Website: http://www.jainmetalgroup.com/
Reviews
The company has shown strong financial results and growth in profitability. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.