Jain Resource Recycling Ltd., a prominent player in India's non-ferrous metal recycling industry, made a remarkable entry into the stock market today, October 1, 2025. The company's shares were listed at ₹265.05 on the National Stock Exchange (NSE) and ₹265.25 on the Bombay Stock Exchange (BSE), marking a 14% premium over the IPO issue price of ₹232 per share.
The strong debut reflects robust investor confidence in Jain Resource Recycling's business model and growth prospects. The company's IPO attracted significant interest, with shares oversubscribed by 16.76 times across all investor categories.
Key Financial Metrics
- Market Capitalization: Approximately ₹9,153.40 crore post-listing.
- Price-to-Earnings (P/E) Ratio: 48.5.
- Return on Equity (ROE): 39.0%.
- Return on Capital Employed (ROCE): 27.2%.
While Jain Resource Recycling's strong market debut is promising, potential investors should conduct thorough research and consider their investment goals before making decisions.
Risk Disclaimer: Investing in the stock market involves risks, including the potential loss of principal. Past performance is not indicative of future results. Investors should seek advice from financial professionals before making investment decisions.
