Canara Robeco IPO vs Jain Resource Recycling IPO

Comparison between Canara Robeco IPO and Jain Resource Recycling IPO.

IPO Details

Canara Robeco 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.

Issue Size and Price

The total issue size of Canara Robeco IPO is up to ₹1,326.13 Cr whereas the issue size of the Jain Resource Recycling IPO is up to ₹1,250.00 Cr. The final issue price of Canara Robeco IPO is ₹266.00 per share and of Jain Resource Recycling IPO is ₹232.00 per share.

 Canara Robeco IPOJain Resource Recycling IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹253.00 per share₹220.00 per share
Issue Price (Upper)₹266.00 per share₹232.00 per share
Issue Price (Final)₹266.00 per share₹232.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size56 shares64 shares
Fresh Issue Size0 shares2,15,51,724 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹500.00 Cr
OFS Issue Size4,98,54,357 shares3,23,27,585 shares
OFS Issue Size (Amount)up to ₹1,326.13 Crup to ₹750.00 Cr
Issue Size Total4,98,54,357 shares5,38,79,309 shares
Issue Size Total (Amount)up to ₹1,326.13 Crup to ₹1,250.00 Cr

IPO Timetable

Canara Robeco IPO opens on Oct 09, 2025, while Jain Resource Recycling IPO opens on Sep 24, 2025. The closing date of Canara Robeco IPO and Jain Resource Recycling IPO is Oct 13, 2025, and Sep 26, 2025, respectively.

 Canara Robeco IPOJain Resource Recycling IPO
Anchor Bid DateOct 08, 2025Sep 23, 2025
Issue OpenOct 09, 2025Sep 24, 2025
Issue CloseOct 13, 2025Sep 26, 2025
Basis Of Allotment (Tentative)Oct 14, 2025Sep 29, 2025
Initiation of Refunds (Tentative)Oct 15, 2025Sep 30, 2025
Credit of Share (Tentative)Oct 15, 2025Sep 30, 2025
Listing date (Tentative)Oct 16, 2025Oct 01, 2025
Anchor Lockin End date 1Nov 12, 2025Oct 28, 2025
Anchor Lockin End date 2Jan 11, 2026Dec 27, 2025

Financials & KPIs

Canara Robeco IPO P/E ratio is 27.82, as compared to Jain Resource Recycling IPO P/E ratio of 33.62.

 Canara Robeco IPOJain Resource Recycling IPO
Financials

Company Financials (Restated)

Canara Robeco Asset Management Co.Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets735.10674.03516.81377.97
Total Income121.34404.00318.78204.80
Profit After Tax60.98190.70151.0079.00
EBITDA81.77264.08201.14112.89
NET Worth660.60600.06454.49328.55
Reserves and Surplus461.19400.64404.64278.70
Amount in ₹ Crore

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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,836.241,528.761,115.96
Total Income7,162.154,484.843,107.53
Profit After Tax223.29163.8391.81
EBITDA368.58227.22124.18
NET Worth707.46367.18196.97
Reserves and Surplus660.01328.13161.30
Total Borrowing919.92909.38732.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10089.96
Promoter Shareholding (Post-Issue)7574.97
P/E Ratio27.8233.62
Market Cap₹5304.50 Cr.₹8005.99 Cr.
ROE40.77%
ROCE24.22%
Debt/Equity0.92
EPS₹9.56₹6.90
RoNW36.17%41.56%

Shares Offered

In the Canara Robeco IPO Retail Individual Investors (RII) are offered 1,74,49,025 shares while in Jain Resource Recycling IPO retail investors are offered 1,74,49,025 shares. Qualified Institutional Buyers (QIB) are offered 99,70,872 shares in Canara Robeco IPO and 1,61,63,794 shares in Jain Resource Recycling IPO.

 Canara Robeco IPOJain Resource Recycling IPO
Anchor Investor Reservation1,49,56,306 shares2,42,45,689 shares
Market Maker Reservation0 shares0 shares
QIB99,70,872 shares1,61,63,794 shares
NII74,78,154 shares80,81,896 shares
RII1,74,49,025 shares53,87,930 shares
Employee0 shares0 shares
Others
Total4,98,54,357 shares5,38,79,309 shares

Bids Received (Subscription)

Canara Robeco IPO subscribed 9.74x in total, whereas Jain Resource Recycling IPO subscribed 16.76x.

 Canara Robeco IPOJain Resource Recycling IPO
QIB (times)25.92x26.67x
NII (times)6.45x5.59x
Big NII (times)6.77x5.50x
Small NII (times)5.82x5.76x
RII (times)1.91x3.81x
Employee (times)
Other (times)
Total (times)9.74x16.76x

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