Jain Resource Recycling Ltd IPO Day 3 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 with investors bidding 1.56 times the available shares. The retail investor portion of the IPO was subscribed 1.9498 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 bidding for the IPO on the last day, the qualified institutional buyers 27,904,896 / 48,900,416 (57.06%) portion of the IPO got bids for 1.6371 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 1.1636 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