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Jindal Supreme (India) Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹93
₹93
GMP (Grey Market)
+₹26
+27.96%
Est. Listing Price
₹119
Based on GMP
Min. Investment
₹14,973
1 lot × 161 shares
Subscribed
126.05x
Over-subscribed
IPO Details
Open Date
16 Sep 2026
Close Date
18 Sep 2026
Allotment
21 Sep 2026
Listing Date
23 Sep 2026
Exchange
NSE & BSE
Price Band
₹93
Listing Price
See chart
Allotment Status
Price Band
₹93
Per share
Face Value
₹10 per share
 
Lot Size
161 Shares
per lot
Issue Size
1,34,28,000 shares (agg. up to ₹125 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,973
1 lot
Pre-IPO Holding
4,02,82,620 shares
Promoters
Post-IPO Holding
5,10,23,769 shares
Promoters
P/E (Pre)
16.64x
 
P/E (Post)
14.33x
 
EPS (Pre)
₹5.59
 
EPS (Post)
₹6.49
 
UPI Deadline
5:00 PM on 18 Sep 2026
Mandate
GMP
+₹26
+27.96% est.
Anchor AllotmentTue, 15 Sep 2026
Basis of AllotmentMon, 21 Sep 2026
Refund InitiationTue, 22 Sep 2026
Demat CreditTue, 22 Sep 2026
Listing DayWed, 23 Sep 2026
UPI Mandate Deadline5:00 PM on 18 Sep 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares1,07,41,149 shares (agg. up to ₹100 Cr)
Offer for Sale26,86,851 shares of ₹10 (agg. up to ₹25 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Jindal Supreme (India) Ltd IPO subscribed 126.05 times overall. Retail: 145.68x. QIB: 51.05x. NII: 330.27x. By 18 Sep 2026.
QIB
51.05x
Over
NII/HNI
330.27x
Over
Retail
145.68x
Over
Total
126.05x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 51.05x
6,714,000
— ₹62.44
NII / HNI
Over 330.27x
2,014,200
— ₹18.73
Retail
Over 145.68x
4,699,800
— ₹43.71
Total 126.05x
13,428,000
100% ₹124.88
IPO Shares Offered
Jindal Supreme (India) Ltd IPO total issue size: ₹124.88 Cr. Retail: ₹43.71 Cr. QIB: ₹62.44 Cr. NII: ₹18.73 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 6,714,000 ₹62.44
50.00%
NII 2,014,200 ₹18.73
15.00%
Retail 4,699,800 ₹43.71
35.00%
Total 13,428,000 ₹124.88
100.00%
* Based on upper price band ₹93 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 2,014,200 4,699,800 6,714,000
Allotment price (₹) 93 93 93 93 93 93 93 93
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹43.71 ₹43.71
Times subscribed 51.05x — — — — 330.27x 145.68x 126.05x
Shares allotted — — — — — 2,014,200 4,699,800 6,714,000
No. of allottees — — — — — — — —
* Upper price band ₹93 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
161
Shares per Lot
Issue Price
₹93.00
Upper Band
Min Investment
₹14,973
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2322₹29,946
Retail (Max — 13 Lots)132,093₹194,649
S-HNI (Min — 14 Lots)142,254₹209,622
B-HNI (Min — 68 Lots)6810,948₹1,018,164
* Issue Price ₹93 × Lot Size 161 shares
IPO Schedule
Anchor
15 Sep 2026
✓ Done
IPO Open
16 Sep 2026
✓ Done
IPO Close
18 Sep 2026
✓ Done
Allotment
21 Sep 2026
✓ Done
Refunds
22 Sep 2026
✓ Done
Demat Credit
22 Sep 2026
✓ Done
Listing Day
23 Sep 2026
✓ Done
Jindal Supreme (India) Ltd — Live Price LIVE
₹93.00
INR · BSE
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Issue ₹93.00 GMP: +₹26 Live Price
About Jindal Supreme (India) Ltd
Incorporated in March 1974 , Jindal Supreme (India) Limited has been engaged in the manufacturing and supply of steel pipes, tubes and other steel products catering to infrastructure and industrial applications for over five decades. Its product portfolio includes Mild Steel (MS) black pipes and tubes, galvanized pipes, metal beam crash barriers and Galvanized Iron (GI) tubular poles. These products are manufactured in various dimensions as per applicable Indian Standards and are used across water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil and gas, chemicals, agriculture and rural electrification, among other applications.The Company has progressively diversified its product portfolio to address emerging infrastructure opportunities. In Fiscal 2025, it commenced manufacturing W-beam and Thrie-beam metal crash barriers, primarily used for road safety and highway infrastructure projects. In Fiscal 2026, it further expanded into GI tubular poles, which are used for street lighting, electrification projects and other public utility infrastructure. The Company primarily follows a B2B business model, with direct sales to institutional and industrial customers, including infrastructure contractors, while also serving customers through its dealer network.The Company's manufacturing facility is located in Hisar, Haryana, and is equipped with mills, welding plants, galvanizing plants and other machinery, supported by an in-house maintenance workshop and testing equipment. The Company has developed a network of dealers, primarily across the northern states of India, and focuses on expanding its dealer base and increasing volumes from existing dealers.As of June 30, 2026, the Company had 53 dealers and an employee base of 242 employees.Competitive StrengthsStrong dealer and customer relationships.Strategic location of manufacturing facility.Track record of healthy financial performance.Experienced promoter and professional management team.Diversified product portfolio with customisation capabilities.Established presence in steel pipes and tubes manufacturing.
Objects of the Issue
1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings
2
General Corporate Purposes
Jindal Supreme (India) Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹604.7
31 Mar 2025
₹675.9
31 Mar 2026
₹191.1
30 Jun 2026
Profit After Tax (PAT)
₹24.3
31 Mar 2025
₹22.5
31 Mar 2026
₹8.3
30 Jun 2026
Particulars30 Jun 202631 Mar 202631 Mar 2025
Revenue from Operations 191.09 675.94 604.74
EBITDA 13.76 41.63 25.92
Profit After Tax (PAT) 8.28 22.53 24.27
Net Worth 105.02 96.82 74.64
Total Assets 232.65 248.41 200.33
Reserves & Surplus 64.56 56.28 72.17
Borrowings 92.46 119.87 95.84
EBITDA Margin (%) 7.20 — —
PAT Margin (%) 4.33 — —
P/BV Ratio
3.57
RoE
8.20
RoCE
6.14
RoNW
8.20
PAT Margin
4.33
EBITDA Margin
7.20
Debt/Equity
0.88
Issue Structure & Shareholding
Total Shares Offered93,99,600
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding4,02,82,620 shares
Post-Issue Promoter Holding5,10,23,769 shares
P/BV Ratio3.57
RoE8.20
RoCE6.14
Debt / Equity0.88
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Sarthi Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Jindal Supreme (India) Ltd IPO subscribed? ▲

Jindal Supreme (India) Ltd IPO is subscribed 126.05 times by Sep 18, 2026. Retail: 145.68x. QIB: 51.05x. NII: 330.27x.

Investor CategorySubscription
Qualified Institutional (QIB)51.05x
Non Institutional (NII/HNI)330.27x
Retail Individual145.68x
Total Subscription126.05x
What is Jindal Supreme (India) Ltd IPO retail subscription status? ▼

The Jindal Supreme (India) Ltd IPO retail category is subscribed 145.68 times as of 18 Sep 2026. The retail portion is oversubscribed.

How to subscribe Jindal Supreme (India) Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 16 Sep 2026 and closes 18 Sep 2026. Min investment: ₹14,973 (1 lot = 161 shares). UPI mandate: 5:00 PM on 18 Sep 2026.

How many times Jindal Supreme (India) Ltd IPO subscribed? ▼

The Jindal Supreme (India) Ltd IPO subscribed 126.05x overall. QIB: 51.05x, NII: 330.27x, Retail: 145.68x. Applications: from NSE/BSE.

How to check Jindal Supreme (India) Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Sep 2026. Refunds: on 22 Sep 2026.

When Jindal Supreme (India) Ltd IPO will be listed? ▼

The Jindal Supreme (India) Ltd IPO listing date is 23 Sep 2026, Wednesday. Listed on: NSE & BSE. Issue price: ₹93. Estimated listing: ₹119. GMP: +₹26.

When Jindal Supreme (India) Ltd IPO close? ▼

The Jindal Supreme (India) Ltd IPO closes on 18 Sep 2026, Friday. UPI mandate: 5:00 PM on 18 Sep 2026. Allotment: 21 Sep 2026. Listing: 23 Sep 2026.