jain resource recycling limited

jain resource recycling limited

JAINREC • ISIN: INE0YD401026

BSE, NSE

Listing Price: ₹265.05

+14.25% Gain
About Company

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.

Investment Objective

Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.

General corporate purposes.

₹220 to ₹232

Price Band

1250.00 Cr

Issue Size

14.8K

Min Investment

64 shares

Lot Size

35.86x

P/E Ratio

Important Dates

Issue Opens

24 Sept 2025

Issue Closes

26 Sept 2025

Allotment

28 Sept 2025

Listing

30 Sept 2025

Subscription Status
QII

Qualified Institutional Investors

15.11x

244,203,840 / 16,163,794 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

4.18x

22,534,592 / 5,387,931 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

3.46x

9,322,304 / 2,693,966 shares

Retail

Retail Individual Investors

1.91x

10,302,784 / 5,387,931 shares

Financial Performance
Offer Documents
RHP
Visit
DHRP
Visit
Issue Details
Issue TypeBB
Face Value₹2
Lead Managers
Dam Capital Advisors Ltd.
ICICI Securities Ltd.
Motilal Oswal Investment Advisors Ltd.
+1 more
Min Quantity64
Max Quantity2,155
Company PromotersKamlesh Jain
Website

http://www.jainmetalgroup.com/

Email

cs@jainmetalgroup.com

Phone044 4340 9494
Address

Jain Resource Recycling Ltd.
The Lattice, Old no 7/1, New No 20,
4th Floor, Waddles Road,
Kilpauk, Chennai, Tamil Nadu – 600010, India
Chennai, Tamil Nadu, 600010