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  1. Jain Resource Recycling share price: Stock lists at over 14% premium; here's how much investors made per lot

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Jain Resource Recycling share price: Stock lists at over 14% premium; here's how much investors made per lot

Kamal Joshi

2 min read | Updated on October 01, 2025, 09:49 IST

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SUMMARY

Jain Resource Recycling share price: The Tamil Nadu-based company's IPO was a fresh issue of shares aggregating to ₹500 crore and an offer for sale (OFS) worth ₹750 crore by promoters Kamlesh Jain and Mayank Pareek.

Jain Resource Recycling Limited manufactures non-ferrous metal products by recycling non-ferrous metal scrap. | Image: jainmetalgroup.com

Jain Resource Recycling Limited manufactures non-ferrous metal products by recycling non-ferrous metal scrap. | Image: jainmetalgroup.com

Jain Resource Recycling share price: Shares of Jain Resource Recycling Ltd made a strong debut on the stock exchanges on Wednesday, October 1, 2025.
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The stock started trading at ₹265.05 per share on the National Stock Exchange (NSE), reflecting a premium of 14.25% over the IPO issue price of ₹232 apiece.

On the BSE, it listed at ₹265.25, up 14.33% from the issue price.

Jain Resource Recycling share price: Here's how much investors made per lot

A lot consisted of 64 shares. Investors who received the Jain Resource Recycling IPO allotment made ₹16,693.2 per lot.

The Tamil Nadu-based company's IPO was a fresh issue of shares aggregating to ₹500 crore and an offer for sale (OFS) worth ₹750 crore by promoters Kamlesh Jain and Mayank Pareek.

The funds generated will be utilised for debt clearance and general corporate purposes.

The initial public offer secured bids for 49,67,45,344 shares, which translates to 15.90 times subscription as against 3,12,49,999 shares on offer, according to the data on BSE website.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers1,70,45,45443,10,49,60025.29
Non-Institutional Investors85,22,7274,51,44,8965.30
Retail Investors56,81,8182,05,50,8483.62
Total3,12,49,99949,67,45,34415.90

Before the IPO, the company raised ₹562.5 crore from anchor investors, including HDFC Mutual Fund (MF), Motilal Oswal MF, Axis MF, TATA AIA Life Insurance, ICICI Lombard General Insurance, Abu Dhabi Investment Authority, Edelweiss Life Insurance and Citigroup Global Markets Mauritius. It allocated 24,245,689 shares to 40 funds at ₹232 apiece.

Jain Resource Recycling is engaged in making of non-ferrous metal products by recycling non-ferrous metal scrap. The firm's product portfolio includes copper and copper ingots, lead and lead alloy ingots and aluminium and aluminium alloys.

DAM Capital Advisors, ICICI Securities, PL Capital Markets and Motilal Oswal Investment Advisors were the book-running lead managers to the offer.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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