Jain Resource Recycling Ltd
IPO Day 2 Subscription Status
Jain Resource Recycling Ltd IPO Day 2 Subscriptions Status: Check Bidding Details
Summary of IPO:
Jain Resource Recycling Ltd IPO consists of an offer for sale of 750.00 shares and a fresh issue of ₹500.00. The IPO’s price band is ₹220 – ₹232 per share. The company’s shares will be listed on BSE, NSE on 01 Oct 25
The initial public offering of Jain Resource Recycling Ltd ended the second day with investors bidding 0.77 times the available shares. The retail investor portion of the IPO was subscribed 0.6601 times the available shares on offer. Retail investors have 5,681,818 / 31,249,999 (18.18%) shares of the total issue reserved for them.
At the end of bidding on day 2, the qualified institutional buyers 18,839,488 / 23,919,232 (78.76%) portion of the IPO got bids for 1.1053 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.
The non institutional investors quota got bids for 0.156 times the available quota of shares. This segment includes HNI and ultra HNI investors.
Here are the key details of Jain Resource Recycling Ltd IPO
Offer for sale: 750.00 shares
Fresh issue: 500.00
Price Band: ₹220 – ₹ 232 per share
Bid open dates: 24 Sep 25
Allotment date: 29 Sep 25
Listing date: 01 Oct 25
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