JAINREC • ISIN: INE0YD401026
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.
Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.
General corporate purposes.
Price Band
Issue Size
Min Investment
Lot Size
P/E Ratio
Issue Opens
24 Sept 2025
Issue Closes
26 Sept 2025
Allotment
28 Sept 2025
Listing
30 Sept 2025
Qualified Institutional Investors
244,203,840 / 16,163,794 shares
High Networth Individuals (Above ₹10 Lakhs)
22,534,592 / 5,387,931 shares
Non-Institutional Investors (Below ₹10 Lakhs)
9,322,304 / 2,693,966 shares
Retail Individual Investors
10,302,784 / 5,387,931 shares
Issue Type | BB |
Face Value | ₹2 |
Lead Managers | Dam Capital Advisors Ltd. ICICI Securities Ltd. Motilal Oswal Investment Advisors Ltd. +1 more |
Min Quantity | 64 |
Max Quantity | 2,155 |
Company Promoters | Kamlesh Jain |
Website | |
Phone | 044 4340 9494 |
Address | Jain Resource Recycling Ltd. |