What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Jain Resource Recycling Limited IPO?

Jain Resource Recycling Limited IPO has received a total subscription of 16.76 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Jain Resource Recycling Limited

ListedMainboard

Waste Management & Recycling · NSE / BSE

Established in 2022, the company focuses on recycling and manufacturing non-ferrous metals, offering products such as lead and lead alloy ingots, copper and copper ingots, aluminium and aluminium alloys, tin ingots, and plastics. Its operations are supported by three recycling units located at the SIPCOT Industrial Estate in Gummidipoondi, Chennai, along with a gold refining facility in the SAIF-Zone, UAE, operated through its subsidiary JIGV. The company serves a diverse client base that includes Vedanta-Sterlite Copper, Luminous Power, Yash Resources Recycling, Mitsubishi Corporation RtM Japan, and Nissan Trading Co., while catering to markets across India, Singapore, China, Japan, and South Korea. As of July 31, 2025, the workforce comprised 411 permanent employees.

Price Band

₹220 – ₹232

Issue Size

₹1250 Cr

Lot Size

64 shares

GMP

₹13

+5.6%

Est. Listing

₹245

at current GMP

Subscribed

16.76x

overall

Open

24 Sep 2025

26 Sep 2025

Allotment

29 Sep 2025

Refund

30 Sep 2025

Demat Credit

1 Oct 2025

Listing

1 Oct 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

16.76x

Total Demand

QIB Multiplier

26.67x

Institutions & Funds

NII / HNI

5.59x

High Net-Worth

Retail (RII)

3.81x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 16.76x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	16,163,794	431,049,600	26.67x
NIB	8,081,897	45,144,896	5.59x
HNIs(10L +)	5,387,931	29,640,576	5.50x
HNIs (2-10L)	2,693,966	15,504,320	5.76x
RETAIL	5,387,931	20,550,848	3.81x
Total	37,715,519	541,890,240	16.76x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 3.27x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	84,186	280,858	3.34x
HNIs(10L +)	6,013	6,719	1.12x
HNIs (2-10L)	3,007	16,829	5.60x
Total Applications	93,206	304,406	3.27x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Jain Resource Recycling Limited Public Issue & Market Profile

Jain Resource Recycling Limited is bringing an initial public offering (IPO) in the Waste Management & Recycling sector with an aggregate issue size of ₹1,250 Crores. The shares are offered at a price band of ₹220 to ₹232 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 64 shares (approx. ₹14,848 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-01, while un-allotted funds or UPI block mandates will be released on 2025-09-30.

Frequently Asked Questions

What is Jain Resource Recycling Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Jain Resource Recycling Limited IPO is ₹13 per equity share. Based on the upper price band of ₹220 to ₹232 per equity share, the estimated listing price is ₹245 (+5.6% expected listing gain).

What is the expected profit per lot for Jain Resource Recycling Limited IPO?

With a lot size of 64 shares and current GMP of ₹13, the expected profit per application lot is approx ₹832 (+5.6% gain). Minimum application cost is approx ₹14,848.

What is the issue size and price band for Jain Resource Recycling Limited IPO?

The Jain Resource Recycling Limited IPO aggregate issue size is ₹1,250 Crores with an equity price band set at ₹220 to ₹232 per equity share. The retail lot size is 64 shares requiring a minimum capital outlay of approx. ₹14,848.

How can I check Jain Resource Recycling Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 16.76x (Retail: 3.81x, QIB: 26.67x, NII: 5.59x). You can track live multiples directly on our dedicated subscription page.

Where and when will Jain Resource Recycling Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-09-29. Investors can verify status using PAN card or application number.

When is the listing date for Jain Resource Recycling Limited IPO?

Jain Resource Recycling Limited shares are scheduled to list on NSE and BSE on 2025-10-01.