Jain Resource Recycling Ltd
Pre Issue Shares
32,35,34,090
No. of Shares Issued
-
Pre Issue Equity Amt.
₹64.71 Cr
DP Filling Date
30 March 2025
Jain Resource Recycling Ltd IPO Timeline
Jain Resource Recycling Limited was originally constituted as a partnership firm in the year 1953 under the name of Jain Metal Rolling Mills which was reconstituted vide partnership deed dated April 1, 1993, and subsequently converted into a private Limited Company on February 25, 2022. Thereafter, the status of the Company got converted into a public limited company reflecting the change in name of the Company as 'Jain Resource Recycling Limited' and a fresh certificate of incorporation dated February 25, 2025, has been issued by the Registrar of Companies, Central Processing Centre.
Jain Resource Recycling Ltd IPO Details
| Jain Resource Recycling Ltd IPO Date | - |
| Jain Resource Recycling Ltd IPO Face Value | - |
| Jain Resource Recycling Ltd IPO Price | - |
| Jain Resource Recycling Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Kamlesh Jain |
- Strengths
- Risks
- Opportunities
- Track record of profitability and consistent financial performance in an industry with significant entry barriers.
- Strategically located Recycling Facilities with capabilities to handle multiple products lines.
- Strong customer base with global footprint and deep sourcing capabilities.
- Application of hedging mechanism for commodity price risk protection for products.
- Experienced management team and qualified personnel with significant industry experience.
Company Financials
Jain Resource Recycling Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 906.05 | 2,728.35 | 112.97 |
| 03-2023 | 578.79 | 1,889.12 | 60.64 |
| 03-2022 | 544.3 | 239.97 | 28.07 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
- General corporate purposes
Jain Resource Recycling Ltd IPO Prospectus
Jain Resource Recycling Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
The Lattice Old #.7/1 New # 204th Flr Waddles Road Kilpauk,Chennai-600010
Phone: 044 4340 9494
Email: cs@jainmetalgroup.com
Website: www.jainmetalgroup.com
Jain Resource Recycling Ltd IPO Registrar
Jain Resource Recycling Ltd IPO Lead Manager(s)
- DAM Capital Advisors Ltd
- ICICI Securities Ltd
- Motilal Oswal Investment Advisors Ltd
- PL Capital Markets Pvt Ltd