Comparison between Belstar Microfinance IPO and Jain Resource Recycling IPO.
Belstar Microfinance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jain Resource Recycling IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Belstar Microfinance IPO is up to ₹1,300.00 Cr whereas the issue size of the Jain Resource Recycling IPO is up to ₹1,250.00 Cr. The final issue price of Belstar Microfinance IPO is and of Jain Resource Recycling IPO is ₹232.00 per share.
| Belstar Microfinance IPO | Jain Resource Recycling IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹220.00 per share | |
| Issue Price (Upper) | ₹232.00 per share | |
| Issue Price (Final) | ₹232.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 64 shares | |
| Fresh Issue Size | 0 shares | 2,15,51,724 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.00 Cr | up to ₹500.00 Cr |
| OFS Issue Size | 0 shares | 3,23,27,585 shares |
| OFS Issue Size (Amount) | up to ₹300.00 Cr | up to ₹750.00 Cr |
| Issue Size Total | 0 shares | 5,38,79,309 shares |
| Issue Size Total (Amount) | up to ₹1,300.00 Cr | up to ₹1,250.00 Cr |
Belstar Microfinance IPO opens on , while Jain Resource Recycling IPO opens on Sep 24, 2025. The closing date of Belstar Microfinance IPO and Jain Resource Recycling IPO is , and Sep 26, 2025, respectively.
| Belstar Microfinance IPO | Jain Resource Recycling IPO | |
|---|---|---|
| Anchor Bid Date | Sep 23, 2025 | |
| Issue Open | Sep 24, 2025 | |
| Issue Close | Sep 26, 2025 | |
| Basis Of Allotment (Tentative) | Sep 29, 2025 | |
| Initiation of Refunds (Tentative) | Sep 30, 2025 | |
| Credit of Share (Tentative) | Sep 30, 2025 | |
| Listing date (Tentative) | Oct 01, 2025 | |
| Anchor Lockin End date 1 | Oct 28, 2025 | |
| Anchor Lockin End date 2 | Dec 27, 2025 |
Belstar Microfinance IPO P/E ratio is , as compared to Jain Resource Recycling IPO P/E ratio of 33.62.
| Belstar Microfinance IPO | Jain Resource Recycling IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Jain Resource Recycling Ltd.'s revenue increased by 60% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 73.3 | 89.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹8005.99 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.22% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹23.76 | ₹6.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 11.93% | 41.56% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Belstar Microfinance IPO Retail Individual Investors (RII) are offered 0 shares while in Jain Resource Recycling IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Belstar Microfinance IPO and 1,61,63,794 shares in Jain Resource Recycling IPO.
| Belstar Microfinance IPO | Jain Resource Recycling IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 2,42,45,689 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 0 shares | 1,61,63,794 shares |
| NII | 0 shares | 80,81,896 shares |
| RII | 0 shares | 53,87,930 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 0 shares | 5,38,79,309 shares |
Belstar Microfinance IPO subscribed in total, whereas Jain Resource Recycling IPO subscribed 16.76x.
| Belstar Microfinance IPO | Jain Resource Recycling IPO | |
|---|---|---|
| QIB (times) | 26.67x | |
| NII (times) | 5.59x | |
| Big NII (times) | 5.50x | |
| Small NII (times) | 5.76x | |
| RII (times) | 3.81x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.76x |
