ELP acts on Jain Metal Group ₹1,250 crore proposed IPO

Jain Resource Recycling Limited (Jain Metal Group) has proposed an initial public offering to raise an amount aggregating to ₹1,250 crore, ₹500 crore via fresh issue and sale of 32,327,585 equity shares via offer for sale aggregating to ₹750 crore. 

Economic Laws Practice (ELP) is advising Jain Metal Group on this IPO.

The transaction team is led by Geeta Dhania (Partner) and Prashaant Vikram Rajput (Partner), with assistance from Tripti Pandey (Principal Associate), Vedaarth Uberoi, Anusha Agrawal, and Shefali Jain (Associates).

Jain Metal Group is engaged in the recycling and production of non-ferrous metals in India and its product portfolio comprises of (i) lead and lead alloy ingots; (ii) copper and copper ingots; and (iii) aluminium and aluminium alloys.

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