IPO Date: Sep 24 to Sep 26 2025
Listing Date: Oct 1 2025
The net proceeds of the Fresh Issue, i.e., gross proceeds of the Fresh Issue less our Company’s share of the Offer related expenses (“Net Proceeds”), are proposed to be utilized towards funding of the following objects:
1. Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company; and
2. General corporate purposes.
...
o comprises of (i) lead and lead alloy ingots; (ii) copper and copper ingots; and (iii) aluminium and aluminium alloys. Our Company is amongst the two recycling companies in India to get its lead ingot registered as a brand by the London Metal Exchange (Source: CRISIL) which provides the Company a distinct advantage of access to a broader customer base by offering products compliant with international quality standards along with the benefit of LME reference pricing with respect to supply of its products in global markets. We also partnered with M/s Ikon Square Limited UAE (“ISL”), by way of acquiring 70% in Jain Ikon Global Ventures (FZC) a free zone company registered in Sharjah, UAE (hereinafter referred as “JIGV”), resulting JIGV in becoming our subsidiary. The acquisition was undertaken for the purposes of setting up our gold refining facility at Sharjah UAE that commenced refining of gold in the month of August 2024. We are also engaged in trading of non-ferrous metals and other commodities which constitutes 4.20 %, 1.98%, 4.50% and 1.30 % of our revenue from operations for six months period ending September 30, 2024, Fiscal 2024, Fiscal 2023 and Fiscal 2022, respectively. Read MoreK FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Posted on Dec 27th
Medi Caps informs about closure of trading window
Posted on Dec 26th
Currency futures for December expiry trade tad weaker with 71.49% increase in OI
Posted on Dec 26th
India's goods and services exports may grow by 3% to $850 billion in FY26: GTRI
Posted on Dec 24th
E to E Transportation Infrastructure coming with IPO to raise Rs 84 crore
The issue size of Jain Resource Recycling Ltd. IPO is ₹687.50 - 725.00 crore.
The Jain Resource Recycling Ltd. IPO opens for subscription on 2025-09-24 and closes on 2025-09-26.
The price range of Jain Resource Recycling Ltd. IPO is ₹220.00 to ₹232.00.
The lot size of Jain Resource Recycling Ltd. IPO is 64 shares.
The registrar of Jain Resource Recycling Ltd. IPO is K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.).
This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
All content and research information displayed on the Site, are obtained from our partner Accord Fintech Private Limited. an authorized data feed vendor of BSE/NSE/MCX/NCDEX exchange. The data is provided on ‘As-Is’ basis and is not a live data feed but a feed with 15 minutes delay or more. Bajaj Markets does not warrant accuracy, completeness, timely availability of the information and data available on the Site. Past performance, when presented, is purely for reference purposes and is not a guarantee of similar future results.
The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.
Bajaj Markets partners with financial services entities for sourcing leads for services such as DEMAT accounts etc. In case you wish to avail the services, you shall be redirected to partners platform and shall be bound by the terms and conditions, privacy policy governing the said platform.