Jain Resource Recycling IPO Price Band Announced

Jain Resource Recycling IPO set price band at ₹220-₹232, issue size ₹1,250 crore, GMP not yet disclosed.

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Jain Resource Recycling IPO Price Band Announced

Jain Resource Recycling Ltd. will open an IPO on September 24, 2025, with a price band of ₹220-₹232 per share. The issue size is large, totaling ₹1,250 crore, which includes a ₹500 crore fresh issue and a ₹750 crore Offer For Sale. Being a recycling and non-ferrous metal company, the IPO allows existing shareholders to exit in the OFS portion. GMP data for Jain Resource Recycling was not clearly published at the time of announcement. The IPO’s lead managers, business model, and financials are being closely watched by investors preparing for the large issue.
Companies:
  • Jain Resource Recycling Ltd.
Tags:
  • Jain Resource Recycling
  • IPO