Jain Resource Reycling primarily engages in the recycling of non-ferrous metals. (Photo Source: Jain Metal Group) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Jain Resource Recycling Ltd.'s initial public offering will open on Wednesday to sell shares worth up to Rs 1,250 crore. The company will raise Rs 500 crore via a fresh issue of 2.16 crore shares. The IPO also includes an offer-for-sale component worth Rs 750 crore and 3.23 crore shares.

Investors can bid for the company's IPO at a price band of Rs 220-232 per share.

The minimum lot size for retail investors is 64 shares, which means the minimum amount of investment required by a retail investor is Rs 14,848 . Small institutional investors will need to buy a minimum of 14 lots amounting to Rs 2.07 lakh and big n

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