Jain Resource Recycling IPO: The initial public offering (IPO) of Jain Resource Recycling Ltd entered the final day of bidding today, September 26, with the issue subscribed 15.85 times so far, as per provisional exchange data. The company aims to raise Rs 1,250 crore through a fresh issue of Rs 500 crore and an Offer for Sale (OFS) of Rs 750 crore.

Jain Resource Recycling IPO subscription status:

By 4:30 pm, investors have bid for 49.52 crore shares against the total 3.12 crore shares on offer. The subscription includes the Qualified Institutional Buyers (QIBs), who bid 25.29 times, Non-Institutional Investors (NIIs) who bid 5.25 times, and Retail Individual Investors (RIIs) who bid 3.43 times.

In terms of shares, QIBs have bid for 43.10 crore shares against the 1.70 crore shares rese

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