New Delhi, Sept. 23 -- The mainboard initial public offering (IPO) of Jain Resource Recycling is set to hit the primary market tomorrow, September 24, amid heightened activity in the primary market.

It is among the three IPOs set to open on Wednesday, including BMW Ventures and Epack Prefab Technologies. Apart from this, six more issues will also see bidding, which could create some liquidity pressure in the secondary market.

The Jain Metal Group is a prominent player in the recycling and production of non-ferrous metals in India. The group primarily focuses on the recycling of non-ferrous metal scrap, with a product portfolio that includes: (i) lead and lead alloy ingots, (ii) copper and copper ingots, and (iii) aluminium and aluminium...