Jain Resource Recycling Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | Not less than 75% of the Offer | — | ₹0 Cr |
| NII (HNI) | — | Not more than 15% of the Offer | — | ₹0 Cr |
| Retail | — | Not more than 10% of the Offer | — | ₹0 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 64 | ₹14,848 |
| Retail (Max) | 13 | 832 | ₹193,024 |
| S-HNI (Min) | 14 | 896 | ₹207,872 |
| B-HNI (Min) | 67 | 4,288 | ₹994,816 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 7,162 | 4,485 | 3,108 |
| EBITDA | 369 | 227 | 124 |
| Profit After Tax | 223 | 164 | 92 |
| Net Worth | 707 | 367 | 197 |
| Total Assets | 1,836 | 1,529 | 1,116 |
| Reserves & Surplus | 660 | 328 | 161 |
| Total Borrowing | 920 | 909 | 733 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company. – 375
- General corporate purposes. –
Company Overview
Incorporated in 2022, Jain Resource Recycling Limited is engaged in the recycling and manufacturing of non-ferrous metal products. Its product portfolio includes lead and lead alloy ingots, copper and copper ingots, and aluminium and aluminium alloys.
The company operates three recycling facilities located at SIPCOT Industrial Estate, Gummidipoondi, Chennai. These facilities process various types of metal scrap, including copper (birch, druid), lead (radio, relay, rains, rinks), and aluminium (tread, talon, tense). A gold refining facility in Sharjah Airport International Free Zone (SAIF-Zone), UAE, through its subsidiary JIGV.
Jain Resource Recycling Limited supplies its products to sectors such as lead-acid battery, electrical and electronics, pigments, and automotive. Clients include domestic and international companies such as Vedanta Limited-Sterlite Copper, Luminous Power Technologies Private Limited, Yash Resources Recycling Limited, Mitsubishi Corporation RtM Japan, and Nissan Trading Co.
Products Portfolio:
- Lead & Lead Alloy Ingots
- Copper & Copper Ingots
- Aluminium & Aluminium Alloys
- Tin Ingots
- Plastic
The company has a presence in global markets including Singapore, China, Japan, and South Korea.
As of July 31, 2025, the company had a total of 411 permanent employees.
Competitive Strengths:
- Track record of profitability and consistent financial performance in an industry with significant entry barriers.
- Strategically located Recycling Facilities with capabilities to handle multiple products lines.
- Strong customer base with global footprint and deep sourcing capabilities.
- Application of Hedging Mechanism for Commodity Price Risk Protection for Products
- Experienced management team and qualified personnel with significant industry experience.