Jain Resource Recycling is engaged in recycling and resource recovery, focusing on sustainability and environmental conservation. The company operates in the collection, processing, and recycling of various waste materials, including metals, plastics, and industrial scrap. It aims to contribute to the circular economy by converting waste into reusable raw materials, serving both domestic and international markets. With an emphasis on compliance, efficiency, and eco-friendly practices, Jain Resource Recycling positions itself as a responsible player in the waste management and recycling industry, aligning with the growing demand for sustainable industrial solutions.
IPO schedule
Issue open date
2025-09-24
Issue close date
2025-09-26
UPI mandate deadline
2025-09-26 (5 PM)
Allotment finalization
2025-09-29
Refund initiation
2025-09-30
Share credit
2025-09-30
Listing date
2025-10-01
Mandate end date
2025-10-11
Lock-in end date for anchor investors (50%)
2025-10-29
Lock-in end date for anchor investors (remaining)
2025-12-28
Financials
Financial Year Ended
March 2023
March 2024
March 2025
Total Assets
1115.95
1528.75
1836.24
Revenue
3107.52
4484.84
7162.15
Profit After Tax
91.81
163.82
223.29
Issue size
Funds Raised in the IPO
Amount
Overall
₹1250 crores
Fresh Issue
₹ 500 crores
Offer for sale
₹ 750 crores
Utilisation of proceeds
Purpose
INR crores (%)
Repayment of borrowings
375 (75%)
General corporate purposes
125 (25%)
Strengths
Focused on sustainability and circular economy practices.
Operates in a sector aligned with environmental regulations.
Diversified recycling portfolio across multiple waste types.
Potential to benefit from the rising demand for recycled materials.
Growing awareness and policy support for green initiatives.
Risks
Volatility in global scrap and recycled material prices.
High dependence on regulatory compliance and permits.
Exposure to operational hazards and environmental liabilities.
A fragmented and competitive waste management industry.
Fluctuations in industrial waste generation may affect supply.