Jain Resource Recycling IPO Allotment Status In focus today: Steps To Verify Status
The basis of allotment for the ₹ 1,250 crore Jain Resource Recycling IPO will be announced today, 24 September 2025. Investors can check the IPO allotment status through the official websites of the NSE, BSE, or the IPO’s registrar, MUFG Intime India.
Procedure to Check Jain Resource Recycling IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here.
- Select “Equity & SME IPO bid details”.
- In Select Symbol, select “JAINREC”.
- Enter your PAN No. and application No.
- Click “Submit”.
Procedure to Check Jain Resource Recycling IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Jain Resource Recycling LIMITED”.
- Enter your “Application No.” or “PAN No.”
- Click on “I am not a robot”.
- Click “Submit”.
Procedure to Check Jain Resource Recycling IPO Allotment Status on MUFG Intime India Private Limited (Registrar to the issue)
- Click here to visit MUFG Intime’s application status page.
- Under, Please select company, select “Jain Resource Recycling Limited”.
- Enter any of the following details.
- PAN
- App. No.
- DP/Client ID
- Account No / IFSC
- Click “Submit”.
Jain Resource Recycling IPO Overview
The Jain Resource Recycling IPO is a book-building issue of ₹ 1,250 crores, comprising a fresh issue of ₹500 crores and an offer for sale of ₹750 crores.
The bidding window was open from September 24, 2025, to September 26, 2025. The price band is set between ₹220 and ₹232 per share.
The book-running lead managers for the IPO are DAM Capital Advisors Limited, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited, and PL Capital Markets Private Limited. Meanwhile, MUFG Intime India Private Limited (also known as Link Intime) serves as the registrar for the IPO.
Jain Resource Recycling IPO Overall Subscription Status
[26 September, 2025, End of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
26.67 |
|
Non-Institutional Investors |
5.59 |
|
Retail Individual Investors (RIIs) |
3.81 |
|
Employees |
NA |
|
Total |
16.76 |
Utilisation of IPO Proceeds
The company will not receive any proceeds from the OFS component and will directly go to the selling shareholders.
The net proceeds from the fresh issue will be used towards
- Repay/prepay the company’s outstanding borrowings
- General corporate purposes
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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