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Jain Resource Recycling IPO Subscription

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Updated 1 October 2025, 9:15 AM IST· Mainboard

Jain Resource Recycling IPO subscription closed on 26 September 2025 at 16.76x overall by shares. QIB demand came in at 26.67x, NII at 5.59x, and retail at 3.81x. See Retail, SHNI, and BHNI allotment chances in the…

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Allotment date is 29 September 2025. Listing date on NSE and BSE is 1 October 2025.

Issue Price
Rs 232.00
GMP Today
Rs 13.00 (+5.60%)
Overall Sub
16.76x
Issue Size
₹1250.00 Cr
Allotment
29 Sept 2025
Listing
1 Oct 2025

Jain Resource Recycling IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 24 Sept 20251.17x0.12x0.54x0.77x
Day 2 - 25 Sept 20251.70x0.52x1.35x1.31x
Day 3 - 26 Sept 202526.67x5.59x3.81x16.76x

Jain Resource Recycling IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Jain Resource Recycling IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail3.34x1 in 3
SHNI (Rs 2L to Rs 10L)5.60x1 in 6
BHNI (above Rs 10L)1.12x1 in 1

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Jain Resource Recycling IPO Allotment Status page from 29 September 2025 for your result.

Jain Resource Recycling IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 232.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 375.00 CrRs 10,000.35 Cr26.67x
FII-Rs 7,119.83 Cr-
DFI-Rs 1,295.38 Cr-
Mutual Funds-Rs 755.02 Cr-
Other-Rs 830.13 Cr-
NIIRs 187.50 CrRs 1,047.36 Cr5.59x
bNII (above Rs 10L)Rs 125.00 CrRs 687.66 Cr5.50x
Corporate-Rs 16.58 Cr-
Individual-Rs 636.77 Cr-
Other-Rs 34.31 Cr-
sNII (Rs 2L to Rs 10L)Rs 62.50 CrRs 359.70 Cr5.76x
Corporate-Rs 1.89 Cr-
Individual-Rs 340.23 Cr-
Other-Rs 17.58 Cr-
RetailRs 125.00 CrRs 476.78 Cr3.81x
Cut-off price-Rs 386.65 Cr-
Fixed price-Rs 90.13 Cr-
TotalRs 687.50 CrRs 11,524.49 Cr16.76x

Jain Resource Recycling IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB1,61,63,7941470.00x
FII-29-
DFI-19-
Mutual Funds---
Other-99-
NII9,02023,5462.61x
bNII (above Rs 10L)6,0136,7171.12x
Corporate-154-
Individual-6,223-
Other-340-
sNII (Rs 2L to Rs 10L)3,00716,8295.60x
Corporate-82-
Individual-15,920-
Other-827-
Retail84,1862,80,8393.34x
Cut-off price-2,27,846-
Fixed price-52,993-
Total1,62,57,0003,04,5320.02x

What Do These Subscription Numbers Mean?

16.76x overall by shares means bids covered about 17 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 26.67x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (2.61x by applications). Split: SHNI 5.60x, BHNI 1.12x by applications. SHNI and BHNI allotment is by lottery.

At 3.34x subscription by applications, about 1 in 3 retail applicants may get allotment (~30% chance per application). Retail allotment is also by lottery.

Jain Resource Recycling IPO GMP After Subscription

GMP for Jain Resource Recycling IPO stands at Rs 13.00 today, giving an estimated listing price of Rs 245.00 per share.

The GMP has moved lower from Rs 23.00 on 19 Sept 2025 to Rs 16.00 on 29 Sept 2025.

A subscription of 16.76x combined with a GMP of 5.60% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Jain Resource Recycling IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Jain Resource Recycling IPO Key Dates

EventDate
IPO Open Date24 September 2025
IPO Close Date26 September 2025
Allotment Date29 September 2025
Refund Initiation30 September 2025
Share Credit to Demat30 September 2025
Listing Date1 October 2025
Minimum InvestmentRs 14,848.00
Lot Size64 shares

About Jain Resource Recycling IPO

Jain Resource Recycling Limited, incorporated in 2022, is a non-ferrous metal recycling and manufacturing company. Its primary products include lead, copper, and aluminum ingots and alloys, which are used in various industries such as lead-acid batteries, electrical and electronics, pigments, and automotive. The company operates three recycling plants in Chennai, Tamil Nadu, which process different types of metal scrap.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Jain Resource Recycling IPO Subscription FAQs

What is Jain Resource Recycling IPO subscription status today?

Jain Resource Recycling IPO subscription closed on 26 September 2025 with overall subscription of 16.76x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 26.67x, NII 2.61x, Retail 3.34x.

What is the overall subscription of Jain Resource Recycling IPO?

Jain Resource Recycling IPO is subscribed 16.76x overall by shares at close on 26 September 2025. QIB 26.67x, NII 2.61x, and Retail 3.34x.

What is Jain Resource Recycling IPO QIB subscription?

Jain Resource Recycling IPO QIB (Qualified Institutional Buyers) subscription is 26.67x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Jain Resource Recycling IPO Retail subscription?

Jain Resource Recycling IPO Retail subscription is 3.34x by applications. Retail bids are up to Rs 2 lakh per PAN.

What is Jain Resource Recycling IPO NII, SHNI, and BHNI subscription?

Jain Resource Recycling IPO NII subscription is 2.61x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 5.60x and BHNI (above Rs 10L) at 1.12x.

What are Jain Resource Recycling IPO retail allotment chances?

At 3.34x subscription by applications, about 1 in 3 retail applicants may get allotment (~30% chance per application). Allotment is by lottery.

What are Jain Resource Recycling IPO SHNI allotment chances?

At 5.60x subscription by applications, about 1 in 6 SHNI applicants may get allotment (~18% chance per application). Allotment is by lottery.

What are Jain Resource Recycling IPO BHNI allotment chances?

At 1.12x subscription by applications, about 1 in 1 BHNI applicants may get allotment (~90% chance per application). Allotment is by lottery. Share subscription was 5.50x. Allotment chances use applications, not share volume.

When is Jain Resource Recycling IPO allotment date?

Jain Resource Recycling IPO allotment date is 29 September 2025. Check Jain Resource Recycling IPO Allotment Status on IPOwiz from that day using your PAN.

When does Jain Resource Recycling IPO subscription close?

Jain Resource Recycling IPO subscription closed on 26 September 2025. No new applications are accepted after the close.

What is Jain Resource Recycling IPO GMP today?

Jain Resource Recycling IPO GMP is ₹13 today (+5.60% over issue price ₹232). See live GMP on the Jain Resource Recycling IPO GMP Today page.

What is Jain Resource Recycling IPO issue price and lot size?

Jain Resource Recycling IPO issue price is ₹232 per share. Lot size is 64 shares. Minimum investment is ₹14,848 per lot. Issue size: ₹1250.00 Cr.

When is Jain Resource Recycling IPO listing date?

Jain Resource Recycling IPO listing date is 1 October 2025 on NSE and BSE. Allotment is on 29 September 2025.

How does subscription affect Jain Resource Recycling IPO allotment?

In Jain Resource Recycling IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 16.76x overall, competition is high.

For allotment results from 29 September 2025, visit the Jain Resource Recycling IPO Allotment Status page. For listing day updates on 1 October 2025, download the IPOwiz App.

Sources

We match Jain Resource Recycling IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.