Mumbai, 29 September 2025: Jain Resource Recycling Limited is set to finalise the basis of allotment for its ₹1,250 crore Initial Public Offering (IPO) today. The issue, which opened for subscription on 24 September and closed on 26 September 2025, drew significant interest across investor categories, closing with an overall subscription of 16.76 times by the final day at 5:04:54 PM.

Headquartered in India, Jain Resource Recycling is among the country’s largest recyclers of non-ferrous metals, plastics, and industrial scrap. With a sourcing network spanning 70 countries and exports reaching over 50 international markets, the company plays a pivotal role in sustainable resource recovery. Its products, such as recycled lead and copper, are recognised by the London Metal Exchange (LME) and are widely supplied to industries including automotive, renewable energy, and infrastructure.

Jain Resource Recycling  ₹1,250 Cr IPO Attracts 16.76x Demand as Subscription Closes on 26 September

The public issue of Jain Resource Recycling saw high participation from institutional and non-institutional investors. By the close of bidding, the issue had been subscribed 16.76 times overall, broken down as follows:

• Retail Investors: 3.81 times
• Qualified Institutional Buyers (QIBs – ex-anchor): 26.67 times
• Non-Institutional Investors (NIIs): 5.59 times

The high subscription across categories reflects broad demand, with QIBs leading due to institutional appetite for companies in the resource recycling sector.

Jain Resource Recycling IPO Anchor Investors Contribute ₹562.50 Cr Ahead of Public Issue Opening

Before the IPO opened to the public, Jain Resource Recycling mobilised ₹562.50 crore from anchor investors by issuing 2,42,45,689 equity shares at ₹232 per share. The allocation saw participation from both domestic and global institutions including HDFC Mutual Fund, Axis Mutual Fund, Goldman Sachs, Abu Dhabi Investment Authority, Motilal Oswal AMC, Bandhan MF, Tata AIA Life Insurance, SBI General Insurance, and Optimix Trust.

Jain Resource Recycling IPO Allotment Status to be Released Today: How Applicants Can Check

With allotment finalisation scheduled for 29 September 2025, applicants can check their status through the following channels:

How to Check Jain Resource Recycling IPO Allotment Status

1. Check Jain Resource Recycling IPO Allotment Status Through Registrar KFin Technologies

• Visit the KFintech website: https://ipostatus.kfintech.com/
• Navigate to the IPO allotment page.
• Select Jain Resource Recycling Limited from the dropdown.
• Enter your PAN, Application Number, or DP/Client ID.
• Submit to view allotment status.

2.Check Jain Resource Recycling IPO Allotment Status On BSE Platform

• Go to the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx.
• Select Equity under issue type.
• Choose Jain Resource Recycling Limited from the dropdown.
• Enter your Application Number and PAN.
• Verify with captcha and click Search.

3.Check Jain Resource Recycling IPO Allotment Status On NSE Platform

• Visit the NSE IPO allotment page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
• Enter your IPO application details.
• View the allotment outcome directly on the portal.

4.Check Jain Resource Recycling IPO Allotment Status Through Bank/UPI Apps

• Investors who applied via ASBA/UPI can check their bank or broker app.
• Allotment status usually reflects under IPO Mandates/Order Book.
• Refunds (if not allotted) will be initiated by September 30, 2025, while successful allottees will see shares credited in demat accounts by the same date.

Jain Resource Recycling IPO Lead Managers and Registrar Oversee Public Issue

Jain Resource Recycling IPO was managed by DAM Capital Advisors Limited, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited, and PL Capital Markets Private Limited, with KFin Technologies Limited serving as the registrar. Their role ensured seamless execution of the IPO process, from anchor allocation to subscription and allotment.

Applicants for the Jain Resource Recycling IPO can verify allotment results today through official registrar, stock exchange portals, or their banking platforms. Refunds and credit of allotted shares are scheduled for completion by 30 September 2025, marking the final stage of the IPO process before listing.

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