What is the estimated listing price for Jindal Supreme (India) Limited IPO?

Based on the upper price band of ₹93 and current GMP of ₹29, the estimated listing price is ₹122 (approx. 31.2% gain).

What is the expected profit per lot for Jindal Supreme (India) Limited IPO?

With a lot size of 161 shares and current GMP of ₹29, expected profit per retail application lot is approximately ₹4,669.

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Grey Market Intelligence

Jindal Supreme (India) Limited

Q: What is Jindal Supreme (India) Limited IPO GMP today?

The latest grey market premium (GMP) for Jindal Supreme (India) Limited IPO is ₹29 per equity share.

ListedMainboard

Metals & Mining / Steel · NSE / BSE

Incorporated in 1974, Jindal Supreme (India) Ltd is engaged in manufacturing and supplying steel pipes, tubes, and related products used across infrastructure and industrial applications. Its product portfolio includes MS black pipes, galvanized pipes, tubes, metal beam crash barriers, and GI tubular poles, catering to sectors such as water supply, construction, roads and highways, oil & gas, agriculture, and rural electrification. The company generates revenue mainly from the sale of these steel products and has steadily expanded its dealer network from 30 dealers in FY23 to 53 dealers as of December 2025, reflecting growing market reach. Its manufacturing facility in Hisar, Haryana, is equipped with essential machinery like uncoilers, shear and cutting machines, and coil accumulators for efficient production. As of June 30, 2025, the company had a workforce of 231 employees.

Price Band

₹88 – ₹93

Issue Size

₹1342.80 L Cr

Lot Size

161 shares

GMP

₹29

+31.2%

Est. Listing

₹122

at current GMP

Subscribed

181.07x

overall

Open

16 Sep 2026

18 Sep 2026

Allotment

21 Sep 2026

Refund

22 Sep 2026

Demat Credit

23 Sep 2026

Listing

23 Sep 2026

Last updated 5 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Jindal Supreme (India) Limited GMP Today

Last updated: 23 Sept 2026

Current Premium

₹29+31.2%

Issue Price (Upper)

₹93

Band: ₹88 – ₹93

Estimated Listing Price

₹122

Upper price + GMP

Lot Size

161 shares

Min investment ₹14,973

Date	GMP (₹)	GMP %	Est. Listing
28 Sep 2026	+₹29	31.2%	₹122
26 Sep 2026	+₹29	31.2%	₹122
25 Sep 2026	+₹26	28.1%	₹119

About Jindal Supreme (India) Limited Public Issue & Market Profile

Jindal Supreme (India) Limited is bringing an initial public offering (IPO) in the Metals & Mining / Steel sector with an aggregate issue size of ₹1,34,28,000 Crores. The shares are offered at a price band of ₹88 to ₹93 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 161 shares (approx. ₹14,973 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-23, while un-allotted funds or UPI block mandates will be released on 2026-09-22.

Frequently Asked Questions

What is Jindal Supreme (India) Limited IPO GMP today?

The latest grey market premium for Jindal Supreme (India) Limited IPO is ₹29, which indicates an expected listing price of ₹122.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.