Archive · 24 Sep 2025

Jain Resource Recycling IPO Opens: Key Details and Analysis

Jain Resource Recycling IPO Opens: Key Details and Analysis

Jain Resource Recycling, backed by Jain Metal Group, is launching an IPO to raise ₹1,250 crore.

The IPO price is between ₹220 and ₹232 per share, with bidding from September 24-26.

The company recycles resources and has production facilities near Chennai.

Successful bidders will receive shares on September 30, and trading will begin on October 1.

Early investors will cash out a portion of the funds raised.

The Grey Market Premium (GMP) is around ₹25 per share, indicating potential listing price.

Sources