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Jain Resource Recycling Ltd
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Registered Office:
The Lattice Old #.7/1 New # 20,4th Flr Waddles Road Kilpauk
,
Chennai
-
600010
,
Tamil Nadu
, India.
Phone :
044 4340 9494 Fax:
Email : cs@jainmetalgroup.com
Website : www.jainmetalgroup.com
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Initial public offering of to 53,879,309 equity shares of face value of Rs2/- each ("Equity Shares") of Jain Resource Recycling Limited ("the Company" or the "Company" or the "Issuer") for cash at a price of Rs232 per equity share (Including a Premium of Rs230 Per Equity Share) (the "Offer Price") aggregating up to Rs1250.00 crores (the "Offer") comprising a fresh issue of up to 21,551,724 equity shares by the company aggregating up to Rs500.00 crores (the "Fresh Issue") and an offer for sale of up to 32,327,586 equity shares aggregating up to Rs750.00crores comprising an offer for sale of up to Rs715.00 crores by Kamlesh Jain and up to Rs35.00 crores by Mayank Pareek (Collectively Referred to as the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale").
Price Band: Rs220/- to Rs232/- for equity share of face value of Rs10 each.
The floor price is 22.00 times times the face value and cap price is 23.20 times of the face value of the equity shares.
Bids can made for a minimum of 64 equity shares and in multiples of 64 equity shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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24-Sep-25
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26-Sep-25
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Rs 232.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :64 Further
Multiples of :64
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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0.00
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Project Financed through Current Offer
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1250.00
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Post Issue Equity Share Capital
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69.02
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Issue Price
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Rs 232.00
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