Initial public offering of to 53,879,309 equity shares of face value of Rs. 2/- each ("Equity Shares") of Jain Resource Recycling Limited ("the Company" or the "Company" or the "Issuer") for cash at a price of Rs. 232 per equity share (Including a Premium of Rs. 230 Per Equity Share) (the "Offer Price") aggregating up to Rs. 1250.00 crores (the "Offer") comprising a fresh issue of up to 21,551,724 equity shares by the company aggregating up to Rs. 500.00 crores (the "Fresh Issue") and an offer for sale of up to 32,327,586 equity shares aggregating up to Rs. 750.00crores comprising an offer for sale of up to Rs. 715.00 crores by Kamlesh Jain and up to Rs. 35.00 crores by Mayank Pareek (Collectively Referred to as the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). Price Band: Rs. 220/- to Rs. 232/- for equity share of face value of Rs. 10 each. The floor price is 22.00 times times the face value and cap price is 23.20 times of the face value of the equity shares. Bids can made for a minimum of 64 equity shares and in multiples of 64 equity shares thereafter.