Jain Resource Recycling IPO GMP hints at a D-Street debut with a premium of over 7.5 per cent at Rs 250 apiece.
Jain Resource Recycling IPO GMP hints at a D-Street debut with a premium of over 7.5 per cent at Rs 250 apiece.
Jain Resource Recycling IPO Allotment: The bidding window for the initial public offering (IPO) of Jain Resource Recycling closed on September 26, 2025. The non-ferrous metal products maker’s public issue saw modest demand in the three-day bidding window as it was booked over 16 times across categories. The share allotment status of the Jain Resource Recycling IPO will be finalised on September 29.
The shares of Jain Resource Recycling are commanding a grey market premium (GMP) ranging between Rs 3.5 and Rs 18 per share, according to websites that track the demand for unlisted shares in the grey market. The GMP of Jain Resource Recycling unlisted shares hints at a D-Street debut with a premium of over 7.5 per cent at Rs 250 apiece.
Primary market investors who have applied for the shares can check the allotment status of their application on the registrar, Kfin Technologies’ website. The allotment status can also be checked on the BSE and NSE websites:
Head to the NSE website via this link
https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Select ‘Equity IPO bid details’
Opt for 'Jain Resource Recycling' from the list of IPOs
Type in your IPO application number
Click the 'submit' button
The allotment status of your application for Jain Resource Recycling IPO will be shown
Go to the BSE website’s IPO application status viewing webpage
https://bseindia.com/investors/appli_check.aspx
A menu showing various issue types will be shown on screen
Choose ‘Equity’ from the menu shown on screen
Select 'Jain Resource Recycling' from the list of IPOs
Type in your IPO application number or PAN details
Select 'Search'
The share allotment status will be shown on the screen
Visit the official KFin Technologies IPO allotment page.
Select Jain Resource Recycling Limited from the dropdown list of IPOs.
Enter your PAN number, IPO Application number, or Demat / DP Client ID.
Enter the selected details accurately
Click the 'Search' or 'Submit' button
The allotment status, showing shares applied and allotted (if any), will be displayed.
The IPO was booked 16.76 times on September 26. Across categories, investors applied for over 496.74 million shares against the 29.63 million shares offered for subscription.
The retail portion was subscribed 3.81 times, as investors placed bids for over 20.54 million shares against the 5.38 million shares set aside for the category.
Non-institutional investors (NIIs) applied for over 45.14 million shares compared to the 8.08 million offered for subscription for the category, leading to the mainboard issue being booked 5.59 times. Qualified institutional buyers (QIBs) oversubscribed their quota in the IPO 26.67 times placing bids for over 431.04 million shares compared to the 16.16 million shares reserved for them.
Jain Resource Recycling IPO is worth Rs 1,250 crore and consists of a fresh issuance of 21.60 million shares and an offer-for-sale (OFS) of 32.30 million shares. The price band was fixed at Rs 220-232 per share. The minimum lot size for retail individual investors interested in applying for the Jain Resource Recycling IPO was fixed at one lot or 64 shares aggregating to an investment of Rs 14,848.
Once the basis of allotment for the IPO is finalised on September 29, refunds will be initiated for unsuccessful bidders on September 30. Successful allottees will receive shares of the transformer manufacturer in their demat accounts on September 30 as well. Shares of Jain Resource Recycling will debut on the NSE and BSE on October 1.