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About Jain Resource Recycling Ltd **Jain Resource Recycling Limited** is a well-established player in India’s non-ferrous metal recycling industry with a legacy dating back to 1953. Transitioning from a partnership firm to a public limited company by 2025, it has evolved into a vertically integrated recycling enterprise. The company specializes in recycling lead, copper, and aluminum scrap into value-added products and operates end-to-end recycling processes sourcing raw materials both domestically and internationally. Notably, it is one of only two Indian companies to have its lead ingot registered as a brand on the London Metal Exchange, enabling global market participation.
Jain Resource Recycling has strategically diversified its operations over the years. In 2018, it set up a copper cable recycling unit, followed by entering the aluminum recycling business through its subsidiary, Jain Green Technologies Private Limited. In 2023, the company began supplying aluminum alloys to customers in hot molten form. Expanding its international footprint, it acquired a stake in Jain Ikon Global Ventures (FZC) in Sharjah, UAE, and commissioned a gold refining facility in 2024. This venture marked its entry into the gold refining business. Furthermore, the company consolidated its operations by amalgamating Jain Recycling Private Limited with effect from January 31, 2025.
The company plans to raise Rs. 2000 crore through an Initial Public Offering (IPO), comprising a fresh issue of Rs. 500 crore and an offer for sale of Rs. 1500 crore. The IPO proceeds are likely intended for expansion, debt reduction, or working capital requirements. With its diversified product portfolio, global certifications, and strong market presence, Jain Resource Recycling Limited presents itself as a key player in the sustainable recycling and metals market.