Three companies—Jain Resource Recycling, Epack Prefab Technologies, and Solarworld Energy Solutions—have announced initial public offerings (IPOs) collectively aimed at raising Rs 2,244 crore. The offerings are scheduled to open for public subscription between September 23 and September 26, 2025.
Jain Resource Recycling IPO
Chennai-based non-ferrous metal scrap recycling firm Jain Resource Recycling will launch a Rs 1,250 crore IPO. The issue comprises a fresh issue of equity shares aggregating up to Rs 500 crore and an offer for sale worth Rs 750 crore by promoter and other selling shareholders. The IPO is priced in the range of Rs 220 to Rs 232 per equity share with a face value of Rs 2. The subscription window opens on September 24 and closes on September 26, 2025.
Proceeds from the fresh issue will be used to repay outstanding borrowings amounting to Rs 375 crore, with the remaining funds allocated for general corporate purposes.
Epack Prefab Technologies IPO
Epack Prefab Technologies, a turnkey solutions provider for pre-engineered steel buildings and prefabricated structures, will raise Rs 504 crore through its IPO. The issue will be open from September 24 to September 26, 2025, with a price band of Rs 194 to Rs 204 per equity share of Rs 2 face value.
Founded in 1999, the company operates two business verticals: the Pre-Fab Business, which includes design, manufacturing, installation, and erection of structures, and the manufacturing of expanded polystyrene sheets and blocks for use in construction, packaging, and consumer goods.
Solarworld Energy Solutions IPO
Solarworld Energy Solutions, an engineering, procurement, and construction (EPC) firm specializing in solar power projects, will raise Rs 490 crore through its IPO. The issue is priced between Rs 333 and Rs 351 per equity share of Rs 5 face value and will be open for subscription from September 23 to September 25, 2025.
The company plans to utilize the net proceeds to fund a Rs 575 crore solar cell manufacturing facility. Its client portfolio includes SJVN Green Energy, Haldiram Snacks, Ethnic Food Manufacturing, and Samiksha Solarworld.
These IPOs reflect strong investor interest in infrastructure, renewable energy, and industrial solutions, and are part of a broader surge in primary market activity during the final quarter of 2025.
