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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.
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.?
[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 |
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
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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