Jain Resource Recycling ipo date, Share Price Target Tomorrow, 2025, 2026, 2030
Jain Resource Recycling recycles metals like lead, copper, and aluminium, turning scrap into good-quality alloys at its plants in Gummidipoondi, Chennai. It also recycles plastics, refines tin, and, through its UAE branch, works in gold refining. The company sells its products to over 20 countries and supplies industries like batteries, cars, electrical, and electronics, serving big clients like Vedanta and Luminous Power. It helps industries get cheaper raw materials by using scrap from around the world.
- 1 What is Jain Resource Recycling Ltd IPO?
- 2 Jain Resource Recycling IPO Details
- 3 Jain Resource Recycling Share Price Target Tomorrow (Listing day price)
- 4 Jain Resource Recycling Share Price Target 2025
- 5 Jain Resource Recycling share price Target 2026
- 6 Share price Target 2027
- 7 Share price Target 2028
- 8 Share price Target 2029
- 9 Jain Resource Recycling share price Target 2030
- 10 Share price Target 2040
- 11 Share Price Target 2050
- 12 Should I buy Jain Resource Recycling stock?
- 13 Jain Resource Recycling earnings results (Financials)
- 14 Is Jain Resource Recycling stock good to buy? (bull case & bear case)
- 15 Jain Resource Recycling IPO Promoter Holding
- 16 Objects of the Issue (Jain Resource Recycling IPO Objectives)
- 17 Jain Resource Recycling ipo gmp
- 18 Conclusion
- 19 FAQs
What is Jain Resource Recycling Ltd IPO?
Jain Resource Recycling was established on 2022 in Chennai, Tamil Nadu. It was founded by Kamlesh Jain, Hemant Shantilal Jain, Mayank Pareek, and others, and is part of the Jain Metal Group. The company recycles metals such as copper, aluminium, and lead. Scrap metal is collected, processed, and turned into new products like ingots and alloys. These recycled products are then given to industries like automobiles, construction, electrical, and engineering. This way, industries get cheaper raw materials, which helps in reducing waste, saving resources, and keeping the environment clean.
Jain Resource Recycling IPO Details
IPO Date | September 24, 2025 to September 26, 2025 |
Listing Date | 01 Oct 2025 |
Face Value | ₹2 per share |
Price Band | ₹220 to ₹232 per share |
Minimum Investment | ₹14080 |
Lot Size | 64 Shares |
Issue Type | Bookbuilding IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 32,35,34,090 shares |
Share Holding Post Issue | 34,50,85,814 shares |
The company earns more revenue and net profit each year, showing it manages money and operations well. It gets good returns on the money it invests, meaning it uses its resources smartly. It also handles cash and working capital efficiently, keeps investing in its business, and is well-positioned for long-term success in the metal recycling industry.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -14 | +40 |
Jain Resource Recycling has strong credit ratings with CRISIL A/Stable for long-term loans and CRISIL A1 for short-term loans. Because of these ratings, the company can borrow money more easily and at better rates, which helps it manage daily operations and plan for growth. The ratings also show that the company manages money well, performs steadily, and has a solid business, giving confidence that it can pay its debts and stay stable in a competitive market. In 2025, its share price target would be ₹487, as per stock market analysts.
According to stock market analysts, its share price would be between ₹154 to ₹487 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 154 | 487 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
October | 172 | 289 |
November | 154 | 358 |
December | 242 | 487 |
Its recycling plants are in SIPCOT Industrial Estate, Gummidipoondi, Chennai. It has a broad area to work in its plant, allowing the company to reuse leftover materials across different units, reducing waste and increasing efficiency. Its lead, copper, and aluminium units use advanced machines like big furnaces and automatic casting lines, which help process different types of scrap easily. As it is close to Chennai and Ennore ports, it makes it easier to bring in raw materials and send out finished products, improving its supply chain and overall operations. In 2026, its share price target would be ₹854, as per stock market analysts.
Its share price would be between ₹450 to ₹854 in 2026, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 450 | 854 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 450 | 554 |
February | 474 | 587 |
March | 490 | 600 |
April | 511 | 624 |
May | 519 | 634 |
June | 532 | 651 |
July | 547 | 678 |
August | 568 | 700 |
September | 632 | 712 |
October | 658 | 732 |
November | 670 | 778 |
December | 700 | 854 |
It sells its products to many countries, including China, Singapore, South Korea, and the UAE. It also has a strong network for getting scrap materials, sourcing them from over one hundred countries through trusted traders. These connections help the company keep costs low, get materials on time, and maintain a steady supply. In 2027, its share price target would be ₹1187, as per stock market analysts.
According to stock market analysts, its share price would be between ₹824 to ₹1187 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 824 | 1187 |
The company has a smart way to handle changes in metal prices, especially for metals traded on the London Metal Exchange (LME). It uses futures contracts to fix prices for both raw materials and finished products, which helps keep production costs stable even when market prices go up or down. The company also carefully watches currency risks and uses contracts to manage payments when it owes more than it receives. In 2028, its share price target would be ₹1600, as per stock market analysts.
Its share price would be between ₹1142 to ₹1600 in 2028, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1142 | 1600 |
It keeps high standards for quality, safety, and the environment. It has ISO certificates for managing quality, protecting the environment, and ensuring workplace safety. Its lab is approved by NABL and follows international rules for testing lead, copper, and aluminium. This shows that it runs its operations efficiently, meets customer demand, and follows global quality and safety standards. In 2029, its share price target would be ₹2037, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1578 to ₹2037 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 1578 | 2037 |
It is a top company that recycles and makes metals like lead, copper, aluminium, and tin. It has three large recycling plants in SIPCOT Industrial Estate, Gummidipoondi, Chennai, where it recycles many kinds of scrap metal. The plants use modern machines, including big furnaces and automatic casting lines, which help process metals quickly and efficiently. In 2030, its share price target would be ₹2447, as per stock market analysts.
Its share price would be between ₹2000 to ₹2447 in 2030, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 2000 | 2447 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2000 | 2127 |
February | 2021 | 2158 |
March | 2047 | 2185 |
April | 2075 | 2200 |
May | 2090 | 2234 |
June | 2104 | 2265 |
July | 2120 | 2285 |
August | 2147 | 2300 |
September | 2165 | 2335 |
October | 2184 | 2357 |
November | 2235 | 2380 |
December | 2290 | 2447 |
The company sells its recycled metals to more than twenty countries, including Singapore, China, Japan and South Korea. Its products are used in many industries, like batteries, cars, electrical and electronics, pigments, and other industrial uses. It keeps strong relationships with local and international clients, including big companies like Vedanta and Luminous Power Technologies. In 2040, its share price target would be ₹5784, as per stock market analysts.
According to stock market analysts, its share price would be between ₹5300 to ₹5784 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 5300 | 5784 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 5300 | 5442 |
February | 5332 | 5480 |
March | 5357 | 5512 |
April | 5380 | 5532 |
May | 5400 | 5547 |
June | 5411 | 5584 |
July | 5432 | 5612 |
August | 5445 | 5642 |
September | 5474 | 5678 |
October | 5490 | 5700 |
November | 5507 | 5727 |
December | 5524 | 5784 |
It has ISO certificates for managing quality, protecting the environment and its lab is approved to test metals according to international rules. This ensures its products meet global standards and gives customers confidence. It keeps improving its operations while making sure work is safe and eco-friendly with a good management team and skilled workers. In 2050, its share price target would be ₹9788, as per stock market analysts.
Its share price would be between ₹9350 to ₹9788 in 2050, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 9350 | 9788 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 9350 | 9474 |
February | 9378 | 9510 |
March | 9400 | 9547 |
April | 9421 | 9578 |
May | 9452 | 9600 |
June | 9468 | 9621 |
July | 9480 | 9647 |
August | 9524 | 9684 |
September | 9557 | 9700 |
October | 9575 | 9725 |
November | 9600 | 9751 |
December | 9632 | 9788 |
Should I buy Jain Resource Recycling stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 154 | 487 |
2026 | 450 | 854 |
2027 | 824 | 1187 |
2028 | 1142 | 1600 |
2029 | 1578 | 2037 |
2030 | 2000 | 2447 |
2040 | 5300 | 5784 |
2050 | 9350 | 9788 |
The company is experiencing rapid growth due to increasing demand for recycled metals. The company is generating good profits, but its earnings are still relatively low compared to its sales. It also depends a lot on imported scrap and only a few main buyers. If prices change or supply faces problems, the company can be affected. But slowly it is growing, so it could be good for people who don’t mind some risk and want to hold it for a long time, but safe investors should wait and watch its performance before investing in it.
Jain Resource Recycling earnings results (Financials)
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 236 | 1,880 | 4,157 | 6,143 |
Expenses + | 201 | 1,778 | 3,931 | 5,798 |
Operating Profit | 35 | 102 | 226 | 345 |
OPM % | 15% | 5% | 5% | 6% |
Other Income + | 4 | 9 | 45 | 40 |
Interest | 1 | 20 | 52 | 86 |
Depreciation | 1 | 9 | 10 | 11 |
Profit before tax | 38 | 82 | 210 | 289 |
Tax % | 25% | 26% | 24% | 27% |
Net Profit + | 28 | 61 | 160 | 211 |
EPS in Rs | — | — | — | — |
Dividend Payout % | 0% | 0% | 0% | 0% |
Is Jain Resource Recycling stock good to buy? (bull case & bear case)

Bull Case:
- It earned revenue of about ₹7,126 crore in FY2025, showing very strong business growth compared to the previous year.
- The company made a profit of about ₹223 crore in FY2025.
- Its return on equity (ROE) is around 40%, which shows it uses shareholders’ money very efficiently.
- Debt to equity improved from about 2.95 in FY2023 to about 0.92 in FY2025, which means its balance sheet is becoming stronger.
- The global demand for recycled metals is rising, and Jain Resource Recycling is well-positioned to benefit from this trend.
Bear Case:
- Most of its revenue comes from lead and copper, so it depends heavily on a few products.
- The company imports about 75–80% of its raw materials, which makes it vulnerable to price changes, supply issues, and currency swings.
- The recycling industry faces regulatory and environmental risks, which could increase costs or cause delays.
Jain Resource Recycling IPO Promoter Holding
Kamlesh Jain is the company promoter.
Promoter Holding Pre Issue | 89.96% |
Promoter Holding Post Issue | — |
Objects of the Issue (Jain Resource Recycling IPO Objectives)
- The company plans to use part of the funds to pre-pay or repay some of its existing borrowings, which is about ₹3,750 million.
- Another portion of the funds will be used for general corporate purposes.
Jain Resource Recycling ipo gmp
Date | IPO GMP | Gain |
24 Sep | ₹31 | 13.36% |
23 Sep | ₹20 | 8.62% |
22 Sep | ₹16 | 6.89% |
20 Sep | ₹23 | 9.91% |
Conclusion
It is growing quickly because there is more demand for recycled metals like lead, copper, and aluminium. The company makes good profits, but its earnings are still small compared to its big sales. It depends a lot on imported scrap and a few big buyers, so changes in prices or supply could cause problems. Its factories are getting better, and it manages money carefully. This company can be a good choice for people who can take some risk and want to invest for the long term.