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Jindal Supreme IPO

Jindal Supreme IPO

Jindal Supreme IPO

Overview

Jindal Supreme IPO is a book build issue of ₹124.88 crores. The issue is a combination of fresh issue of 1.07 crore shares aggregating to ₹99.89 crores and offer for sale of 26.87 lakh shares aggregating to ₹24.99 crores. Jindal Supreme IPO opens for subscription on Sep 16, 2026 and closes on Sep 18, 2026. The allotment for the Jindal Supreme IPO is expected to be finalized on Sep 21, 2026. Jindal Supreme IPO will list on NSE and BSE with a tentative listing date fixed as Sep 23, 2026. Jindal Supreme IPO is set issue price band at ₹88 to ₹93 per share. The lot size for an application is 161 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,973 (161 shares) (based on upper price). Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.

Total Shares

1,34,28,000

Issue Size

₹125 Cr

Price Band

88 – ₹93

Lot Size

161 shares

Min. Investment

14,973

Max. Investment

1,94,649

Open Date

16 Sep, 2026

Close Date

18 Sep, 2026

Allotment

21 Sep, 2026

Listing

23 Sep, 2026

Announced

16 Sep, 2026

Opening Date

16 Sep, 2026

Closing Date

18 Sep, 2026

Basis of Allotment

21 Sep, 2026

Initiation of Refunds

22 Sep, 2026

Credit of Shares

22 Sep, 2026

Listing Date

23 Sep, 2026

Live GMP

Est. Listing: ₹114

21

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About Jindal Supreme IPO

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 ac

Jindal Supreme IPO Share Price

Issue Breakdown

Total Issue1,34,28,000 shares₹125 Cr
Fresh Issue1,07,41,149 shares₹100 Cr
Offer for Sale26,86,851 shares₹25 Cr

Shareholding

Pre-Issue4,02,82,620
Post-Issue5,10,23,769

Dilution: 26.7% increase in shares

Jindal Supreme IPO Financial Health

Jindal Supreme (India) Ltd.'s revenue increased by 12% and profit after tax (PAT) dropped by 7% between the financial year ending with March 31, 2026 and March 31, 2025.

Jindal Supreme IPO Lot Size

Investors can bid for a minimum of 161 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)116114,973
Retail (Max)1320931,94,649
S-HNI (Min)1422542,09,622
S-HNI (Max)66106269,88,218
B-HNI (Min)671078710,03,191

(All values in CR)

Jindal Supreme IPO Valuations

MetricValue
ROE8.20
ROCE6.14
Debt/Equity0.88
RoNW8.20
PAT Margin4.33
EBITDA Margin7.20
NAV26.07
Price to Book Value3.57

(All values in CR)

Jindal Supreme IPO Strength & Risk

+Strengths

Jindal Supreme IPO Strength

  • Founder-led company with an experienced promoter and management team
  • Established dealer and distribution network, particularly across North India
  • Diversified portfolio of steel pipes and related products
  • Strong manufacturing capabilities and established production infrastructure
  • Strategic manufacturing facility in Hisar, Haryana
  • Backward integration and control over key raw-material sourcing
  • Focus on improving capacity utilisation and operational efficiency
!Risks

Jindal Supreme IPO Risk

  • Manufacturing operations are concentrated at a single facility in Hisar
  • High dependence on key suppliers for raw materials
  • Steel and other raw-material price volatility can pressure margins
  • Business requires significant working capital
  • Dependence on demand from construction and infrastructure sectors
  • Customer concentration could affect revenue if major buyers reduce orders

Jindal Supreme IPO GMP

Jindal Supreme IPO last GMP is ₹21, last updated Sep 11th 2026 02:35 PM. With the upper price band of ₹93.00, Jindal Supreme IPO's estimated listing price is ₹114 (cap price + today's GMP). The expected percentage gain/loss per share is 22.58%. >> Jindal Supreme IPO Retail Subject to Sauda: ₹2600 >> Jindal Supreme IPO Small HNI Subject to Sauda: ₹36400 During this period, the GMP ranged from a low of ₹0.00 to a high of ₹21.00.

+21+22.6%

Last updated 11 Sep, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
11 Sep, 202693₹21-₹114 (22.58%)338111 Sep, 2026
10 Sep, 202693₹19-₹112 (20.43%)305910 Sep, 2026
09 Sep, 202693₹11-₹104 (11.83%)177109 Sep, 2026
08 Sep, 20260₹0-₹ (%)-08 Sep, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Jindal Supreme IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Jindal Supreme IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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