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Jindal Supreme (India) Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital cum OFS Upcoming
GMP +₹21 +22.58% Est. Listing ₹114 P&L/Lot +₹3,381
Issue Price
₹93
Face ₹10
GMP
+₹21
+22.58% premium
Est. Listing
₹114
GMP based
Lot Size
161
shares / lot
Min Amount
₹14,973
1 lot · 161 shares
Opens
16 Sep
Upcoming
Allotment
Important Dates
0/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Soon
Open Date
16 Sep 2026
Wed Upcoming
Soon
Close Date
18 Sep 2026
Fri Upcoming
Soon
Allotment
21 Sep 2026
Mon Upcoming
Soon
Refund
22 Sep 2026
Tue Upcoming
Soon
Demat Credit
22 Sep 2026
Tue Upcoming
Soon
Listing Date
23 Sep 2026
Wed Upcoming
Issue Details
Pricing & Size
Issue Price
₹93 Face ₹10
Lot Size
161 shares
Min Investment
₹14,973
Total Issue Size
1,34,28,000 shares (agg. up to ₹125 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
-
NII / HNI
-
Retail
-
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
4,02,82,620 shares
Post-Issue Shareholding
5,10,23,769 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 161 ₹14,973
HNI / NII 14 2254 ₹2,09,622
bHNI / bNII 67 10787 ₹10,03,191
Objects of Issue
2 objectives
1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings
71.00 Cr
2
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Sarthi Capital Advisors Pvt.Ltd
IPO Timeline
Open
16 Sep
Upcoming
Close
18 Sep
Upcoming
Allotment
21 Sep
Upcoming
Listing
23 Sep
Upcoming
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
8657578989/8069219065/8069219060
Email
ipo@bigshareonline.com
Company Contact
Email
janaksteel@gmail.com
Phone
016 6223 6500
Address
9th KM O P Jindal Marg Hisar Cantt Hisar, Haryana, 125006
Grey Market Premium
LIVE
Current GMP
+₹21
+22.58% vs Issue Price
Issue Price
₹93
Est. Listing
₹114
Lot Size
161 shares
P&L / Lot
+₹3,381
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB
NII / HNI (Total)
Retail Investors
Total **
Market Maker *
* Based on ₹93.00 (upper price band)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Jun 202631 Mar 202631 Mar 2025
Revenue191.09675.94604.74
PAT8.2822.5324.27
EBITDA13.7641.6325.92
Net Worth105.0296.8274.64
Total Assets232.65248.41200.33
Reserves64.5656.2872.17
Borrowings92.46119.8795.84
Key Financial Ratios
8.20
ROE
Return on Equity
6.14
ROCE
Return on Capital Employed
8.20
RONW
Return on Net Worth
4.33
PAT Margin
PAT / Revenue
7.20
EBITDA Mgn
EBITDA / Revenue
0.88
D/E Ratio
Debt to Equity
3.57
P/BV
Price to Book Value
5.59
Pre EPS
EPS Pre-Issue
6.49
Post EPS
EPS Post-Issue
16.64
Pre P/E
P/E Pre-Issue
14.33
Post P/E
P/E Post-Issue
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 Strengths

  • Strong 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.
Frequently Asked Questions
What is the issue price of Jindal Supreme (India) Ltd IPO?
The issue price of Jindal Supreme (India) Ltd IPO is ₹93 per share, face value ₹10.
What is the lot size?
Minimum lot size is 161 shares, requiring ₹14,973.
What are the IPO dates?
Opens 16 Sep 2026, closes 18 Sep 2026.
When is the listing date?
Tentative listing: 23 Sep 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹21, estimated listing ₹114 (+22.58%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Jindal Supreme (India) Ltd IPO · Expected 21 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
21 Sep 2026
Refund Initiation
22 Sep 2026
Demat Credit
22 Sep 2026
Listing Date
23 Sep 2026
Quick Facts
Upcoming
GMP Signal
Bullish
+₹21
+22.58%
Issue Price
₹93
Face ₹10
Lot Size
161
shares / lot
Min Amount
₹14,973
1 lot
Est. Listing
₹114
GMP +₹21
Key Dates
Open
16 Sep Soon
Close
18 Sep Soon
Listing
23 Sep Soon
Registrar
Bigshare Services Pvt.Ltd
A
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