Jain Resource Recycling Limited Submits DRHP to SEBI for ₹2,000 Crore IPO

Varahi media.com online news, April 2,2025: Jain Resource Recycling Limited, India’s largest and fastest-growing non-ferrous metal recycling company by revenue for Fiscal Years 2022, 2023, and 2024 (as per CRISIL), has filed its Draft Red Herring Prospectus (DRHP) with the Securities and

Varahi media.com online news, April 2,2025: Jain Resource Recycling Limited, India’s largest and fastest-growing non-ferrous metal recycling company by revenue for Fiscal Years 2022, 2023, and 2024 (as per CRISIL), has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO).

The IPO aims to raise ₹2,000 crore, comprising a fresh issue of equity shares worth ₹500 crore and an Offer for Sale (OFS) of ₹1,500 crore.

ఇది కూడా చదవండి..‘కమిటీ కుర్రోళ్లు’ విజయం తర్వాత నిహారిక కొణిదెల కొత్త సినిమా – సంగీత్ శోభన్ ప్రధాన పాత్రలో!

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Under the Offer for Sale, promoter Kamlesh Jain will offload shares worth ₹1,430 crore, while Mayank Pareek will sell shares worth ₹70 crore.