Jindal Supreme (India) Limited
ListedMainboardMetals & 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
Close
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
Overall Subscription
181.07x
Total Demand
QIB Multiplier
126.41x
Institutions & Funds
NII / HNI
327.99x
High Net-Worth
Retail (RII)
149.34x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,685,600 | 339,488,625 | 126.41x |
| NIB | 2,014,200 | 660,643,214 | 327.99x |
| HNIs(10L +) | 1,342,800 | 408,458,610 | 304.18x |
| HNIs (2-10L) | 671,400 | 252,184,604 | 375.61x |
| RETAIL | 4,699,800 | 701,851,164 | 149.34x |
| Total | 11,413,800 | 2,362,626,217 | 181.07x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 29,191 | 6,715,870 | 230.07x |
| HNIs(10L +) | 596 | 46,937 | 78.75x |
| HNIs (2-10L) | 298 | 168,946 | 566.93x |
| Total Applications | 30,085 | 6,931,753 | 230.41x |
Day-Wise Subscription Progress
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for Jindal Supreme (India) Limited IPO?
The Jindal Supreme (India) Limited IPO aggregate issue size is ₹1,34,28,000 Crores with an equity price band set at ₹88 to ₹93 per equity share. The retail lot size is 161 shares requiring a minimum capital outlay of approx. ₹14,973.
How can I check Jindal Supreme (India) Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Jindal Supreme (India) Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-09-21.