Jain Metal Group Proposes ₹1,250 Crore IPO for Non-Ferrous Metal Recycling

"Jain Metal Group, a company involved in the recycling and production of non-ferrous metals in India, has proposed an initial public offering (IPO) to raise ₹1,250 crore. This includes ₹500 crore from a fresh issue and ₹750 crore from the sale of equity shares. Economic Laws Practice (ELP) is advising the group on this IPO, with a team led by partners Geeta Dhania and Prashaant Vikram Rajput."

Economic Laws Practice (ELP) acted as legal advisors to Jain Resource Recycling Limited (Jain Metal Group) in connection with their proposed initial public offering (IPO). The transaction involves Jain Metal Group seeking to raise a total of ₹1,250 crore, which includes ₹500 crore through a fresh issue and the sale of 32,327,585 equity shares via an offer for sale amounting to ₹750 crore. Jain Metal Group is engaged in the recycling and production of non-ferrous metals in India, with a product portfolio that includes lead and lead alloy ingots, copper and copper ingots, and aluminium and aluminium alloys. The transaction team from ELP is led by Partners Geeta Dhania and Prashaant Vikram Rajput, with support from Principal Associate Tripti Pandey and Associates Vedaarth Uberoi, Anusha Agrawal, and Shefali Jain.

Jain Metal Group Proposes ₹1,250 Crore IPO for Non-Ferrous Metal Recycling

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads