Jain Resource Recycling IPO Subscription Status
Jain Resource Recycling IPO closed on 26 September 2025 with an overall subscription of 16.76x based on shares applied. QIB demand came in at 26.67x, NII at 5.59x, and retail at 3.81x.
Allotment will be finalised on 29 September 2025. The stock is scheduled to list on NSE and BSE on 1 October 2025.
Issue Price
Rs 232.00
GMP Today
Rs 13.00 (+5.60%)
Overall Subscription
16.76x
Issue Size
₹1250.00 Cr
Allotment Date
29 Sept 2025
Listing Date
1 Oct 2025
Jain Resource Recycling IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 232.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 375.00 Cr | Rs 10,000.35 Cr | 26.67x |
| FII | - | Rs 7,119.83 Cr | - |
| DFI | - | Rs 1,295.38 Cr | - |
| Mutual Funds | - | Rs 755.02 Cr | - |
| Other | - | Rs 830.13 Cr | - |
| NII | Rs 187.50 Cr | Rs 1,047.36 Cr | 5.59x |
| bNII (above Rs 10L) | Rs 125.00 Cr | Rs 687.66 Cr | 5.50x |
| Corporate | - | Rs 16.58 Cr | - |
| Individual | - | Rs 636.77 Cr | - |
| Other | - | Rs 34.31 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 62.50 Cr | Rs 359.70 Cr | 5.76x |
| Corporate | - | Rs 1.89 Cr | - |
| Individual | - | Rs 340.23 Cr | - |
| Other | - | Rs 17.58 Cr | - |
| Retail | Rs 125.00 Cr | Rs 476.78 Cr | 3.81x |
| Cut-off price | - | Rs 386.65 Cr | - |
| Fixed price | - | Rs 90.13 Cr | - |
| Total | Rs 687.50 Cr | Rs 11,524.49 Cr | 16.76x |
Jain Resource Recycling IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,61,63,794 | 147 | 0.00x |
| FII | - | 29 | - |
| DFI | - | 19 | - |
| Mutual Funds | - | - | - |
| Other | - | 99 | - |
| NII | 9,020 | 23,546 | 2.61x |
| bNII (above Rs 10L) | 6,013 | 6,717 | 1.12x |
| Corporate | - | 154 | - |
| Individual | - | 6,223 | - |
| Other | - | 340 | - |
| sNII (Rs 2L to Rs 10L) | 3,007 | 16,829 | 5.60x |
| Corporate | - | 82 | - |
| Individual | - | 15,920 | - |
| Other | - | 827 | - |
| Retail | 84,186 | 2,80,839 | 3.34x |
| Cut-off price | - | 2,27,846 | - |
| Fixed price | - | 52,993 | - |
| Total | 1,62,57,000 | 3,04,532 | 0.02x |
What Do These Subscription Numbers Mean?
A subscription of 16.76x by shares means the IPO received bids for 17 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 26.67x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 26.67x, it reflects serious institutional conviction.
NII at 2.61x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 1.12x and sNII at 5.60x by applications. Share subscription was 5.59x. Allotment uses application count, not share volume.
At 3.34x subscription by applications, approximately 1 in 3 retail applicants can expect an allotment (~30% per application). Retail allotment is done by lottery when oversubscribed.
Jain Resource Recycling IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 3.34x.
- •Allotment odds: about 1 in 3 (~30% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 5.60x.
- •Allotment odds: about 1 in 6 for a minimum-lot application (~18% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 1.12x.
- •Allotment odds: about 1 in 1 for a minimum-lot application (~90% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 5.50x. Allotment uses application count, not share volume.
Check the Jain Resource Recycling IPO Allotment Status page from 29 September 2025 for your allotment result.
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 Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Sept 2025 | 1.17x | 0.12x | 0.54x | 0.77x |
| Day 2 - 25 Sept 2025 | 1.70x | 0.52x | 1.35x | 1.31x |
| Day 3 - 26 Sept 2025 | 26.67x | 5.59x | 3.81x | 16.76x |
Jain Resource Recycling IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 September 2025 |
| IPO Close Date | 26 September 2025 |
| Allotment Date | 29 September 2025 |
| Refund Initiation | 30 September 2025 |
| Share Credit to Demat | 30 September 2025 |
| Listing Date | 1 October 2025 |
| Minimum Investment | Rs 14,848.00 |
| Lot Size | 64 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Jain Resource Recycling IPO GMP Today
Live GMP, listing price estimate, and listing gain
Jain Resource Recycling IPO Allotment Status
Check allotment result on allotment date
Jain Resource Recycling IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Jain Resource Recycling IPO Subscription FAQs
What is Jain Resource Recycling IPO IPO subscription status today?
Jain Resource Recycling IPO IPO subscription closed on 26 September 2025 with overall subscription of 16.76x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 26.67x, NII 2.61x, Retail 3.34x.
What is the overall subscription of Jain Resource Recycling IPO IPO?
Jain Resource Recycling IPO 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 IPO QIB subscription?
Jain Resource Recycling IPO 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 IPO Retail subscription?
Jain Resource Recycling IPO IPO Retail subscription is 3.34x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Jain Resource Recycling IPO IPO NII subscription?
Jain Resource Recycling IPO IPO NII (Non-Institutional Investors) subscription is 2.61x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Jain Resource Recycling IPO IPO for retail?
At 3.34x subscription by applications, approximately 1 in 3 retail applicants can expect an allotment (~30% per application). Allotment is done by lottery.
When is Jain Resource Recycling IPO IPO allotment date?
Jain Resource Recycling IPO 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 IPO subscription close?
Jain Resource Recycling IPO IPO subscription closed on 26 September 2025. No new applications are accepted after the close.
What is Jain Resource Recycling IPO IPO GMP today?
Jain Resource Recycling IPO 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 IPO issue price and lot size?
Jain Resource Recycling IPO 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 IPO listing date?
Jain Resource Recycling IPO 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 IPO allotment?
Allotment odds in Jain Resource Recycling IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 2.61x by applications means roughly 1 in 3 for minimum-lot bids; bNII at 1.12x (~1 in 1). 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.