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Jain Resource Recycling shares list at 14% premium over IPO price
The Economic Times· 2025-10-01 04:26
The Rs 1,250 crore IPO, which ran between September 24 and September 26, was a mix of fresh issue of Rs 500 crore and an offer for sale worth Rs 750 crore.The response from investors was strong, with the issue subscribed 16.8 times overall. Institutional buyers drove the bulk of demand, subscribing nearly 27 times their reserved portion. Non-institutional investors subscribed 5.6 times, while retail investors came in at 3.8 times. Ahead of the issue, the company had also raised Rs 562.5 crore from anchor i ...