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Jindal Supreme (India) Limited

MainboardlistedNSE · BSE
16 Sep 2026 – 18 Sep 2026
LISTED
Offer Price
₹88–93
Bid lot
161
Min Application
₹14,973
Issue Size
₹125 Cr

Key dates

Open date
16 Sep 2026
Done
Close date
18 Sep 2026
Done
Basis of allotment
21 Sep 2026
Done
Initiation of refunds
21 Sep 2026
Done
Credit to demat
21 Sep 2026
Done
Listing date
23 Sep 2026
Done

Issue reservation

₹125 Cr
QIB 50%10%5%Retail 35%
QIB
67.2 L sh · ₹62.50 Cr
50%
HNI (10L+)
13.4 L sh · ₹12.50 Cr
10%
HNI (2-10L)
6.7 L sh · ₹6.25 Cr
5%
Retail
47.0 L sh · ₹43.75 Cr
35%
Applications required for 1× subscription
Retail (≤₹2L)
29,219 forms
S-HNI (₹2–10L)
298 forms
B-HNI (>₹10L)
125 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Sarthi Capital Advisors Private Limited

Lot ladder — how much to bid

1 lot = 161 shares
Retail · Up to ₹2 L1–13 lots
Min · 1 lot
161 sh · ₹14,973
Max · 13 lots
2,093 sh · ₹1,94,649
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
2,254 sh · ₹2,09,622
Max · 66 lots
10,626 sh · ₹9,88,218
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
10,787 sh · ₹10,03,191
Entry point
₹10,03,191 onward

Issue details

Lead managersSarthi Capital Advisors Private Limited
Fresh issue1,07,52,688 sh · ₹100 Cr
Offer for sale26,88,172 sh · ₹25 Cr
Face value₹10
Listing onNSE · BSE
RegistrarBigshare Services Pvt.Ltd.
Live subscription
FinalUpdated 18 Sep 2026
180.74×
0×1×2×3×+
Heavily subscribed
Book₹87.54 Cr
Subscribed₹15,821 Cr
Applications44,97,910

Share-wise

by category
CategoryBook SizeSubscriptionNo. of Times
QIB (Ex. Anchor)
26,92,030₹25.04 Cr
33,94,88,625₹3,157 Cr
126.11×
HNI
20,16,129₹18.75 Cr
66,05,70,603₹6,143 Cr
327.64×
HNI (10L+)
13,44,086₹12.50 Cr
40,84,58,610₹3,799 Cr
303.89×
HNI (2-10L)
6,72,043₹6.25 Cr
25,21,11,993₹2,345 Cr
375.14×
Retail
47,04,301₹43.75 Cr
70,11,64,177₹6,521 Cr
149.05×
Total
94,12,460₹87.54 Cr
1,70,12,23,405₹15,821 Cr
180.74×

*QIB Book Size EXCLUDES the anchor portion of 40,28,400 shares, from the actual anchor allotment.

Application-wise

CategoryReq 1×TotalTimes
HNI (10L+)12536,887295.10×
HNI (2-10L)2981,06,427357.14×
Retail29,21936,79,732125.94×

Total applications: 38,23,046

Subscription Demand

in ₹ crore
CategoryApplied
QIB3157.24
HNI6143.31
HNI (10L+)3798.67
HNI (2-10L)2344.64
Retail6520.83
Total15821.38

Amounts at the upper band (₹93). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.

Grey-market sentiment
No grey-market data yet.
Financials

Particulars

30-Jun-26

FY26

FY25

FY24

Assets

232.65

248.41

200.33

181.16

Total Income 

191.09

675.94

604.74

650.88

PAT 

8.28

22.53

24.27

12.87

Net Worth 

105.02

96.82

74.64

50.31

Reserves & Surplus 

64.56

56.28

72.17

47.9

Total Borrowings 

92.46

119.87

95.84

104.92

Objects of the issue
  • Debt Repayment: ₹71.00 crore for repayment/prepayment of borrowings.

  • General Corporate Purposes: Balance amount for general corporate needs.

About the company

Incorporated in March 1974, Jindal Supreme (India) Limited has over five decades of experience in manufacturing and supplying steel pipes, tubes and other steel products for infrastructure and industrial applications. Its product portfolio includes MS black pipes and tubes, galvanized pipes, metal beam crash barriers and GI tubular poles, serving sectors such as water supply, construction, roads and highways, oil & gas, agriculture and rural electrification.

The Company has expanded its portfolio with W-beam and Thrie-beam crash barriers in Fiscal 2025 and GI tubular poles in Fiscal 2026. It primarily follows a B2B model, catering to institutional and industrial customers, infrastructure contractors and dealers.

Its manufacturing facility is located in Hisar, Haryana, and is equipped with mills, welding and galvanizing plants, maintenance facilities and testing equipment. The Company has a dealer network focused mainly across northern India and continues to expand its reach and volumes.

As of June 30, 2026, the Company had 53 dealers and 242 employees.

Company strengths

  • Strong dealer & customer network

  • Strategically located manufacturing facility

  • Consistent financial performance

  • Experienced promoters & professional management

  • Diversified product portfolio with customization capabilities

  • Established presence in steel pipes & tubes manufacturing

Registered office & contact

Jindal Supreme (India) Limited

Address - 9th KM

O P Jindal Marg

Hisar Cantt

Hisar, Haryana, 125006


📞
016 6223 6500

✉️ janaksteel@gmail.com

Documents

Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Jindal Supreme (India) Limited IPO?

One lot of 161 shares — ₹14,973 at the upper price band of ₹93.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-09-23 on NSE / BSE.

₹88–93
Applications are closed.