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Jindal Supreme (India) Ltd

IPO Details · GMP · Subscription · Financials

⏳ Upcoming NSE & BSE Mainboard Opens 16 Sep 2026
Issue Price
₹93
Per Share
GMP
+₹21
+22.58% Grey Market
Est. Listing
₹114
Expected Price
Min. Application
₹29,946
2 lots × 161 shares
IPO Issue Details
Issue Price / Price Band₹93 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size161 Shares per Lot
Total Issue Size1,34,28,000 shares (agg. up to ₹125 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 16 Sep 2026
Subscription CloseFri, 18 Sep 2026
Anchor AllotmentTue, 15 Sep 2026
Basis of AllotmentMon, 21 Sep 2026
Initiation of RefundsTue, 22 Sep 2026
Credit of Shares to DematTue, 22 Sep 2026
Listing DateWed, 23 Sep 2026
UPI Mandate Deadline5:00 PM on 18 Sep 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,973 — 161 shares
Retail — Max (13 Lots)₹194,649 (13 Lots)
HNI — Min (14 Lots)₹2,09,622 — 2254 shares
EPS (Pre-IPO)₹5.59
EPS (Post-IPO)₹6.49
P/E Ratio (Pre-IPO)16.64x
P/E Ratio (Post-IPO)14.33x
Pre-IPO Promoter Holding4,02,82,620 shares
Post-IPO Promoter Holding5,10,23,769 shares
Fresh Issue Shares1,07,41,149 shares (agg. up to ₹100 Cr)
Offer for Sale Shares26,86,851 shares of ₹10 (agg. up to ₹25 Cr)
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 StrengthsStrong 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.

Objects of the Issue

Jindal Supreme (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings
71.00
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 4,02,82,620 shares
Post-IPO Promoter Holding 5,10,23,769 shares
Check AllotmentCheck Status →
Jindal Supreme (India) Ltd — Live Price UPCOMING
Chart Available After Listing
Expected: 23 Sep 2026
Quick Facts
GMP Signal🟢 Positive
StatusUpcoming
Issue Price₹93
GMP+₹21
Est. Listing₹114
Lot Size161 shares
Min Amount₹29,946
Listing Date23 Sep 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹93
Listing Date23 Sep 2026
Listing PriceAvailable on listing day
Listing Gain/LossCalculated on listing day
52-Week HighPost listing
52-Week LowPost listing
Issue Structure & Reservation
Subscription data will be available once the IPO opens.
Lot Size & Investment Details
Lot Size
161
Shares
Issue Price
₹93.00
Per Share
Min Investment
₹14,973
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 161 ₹14,973
Retail (Max) 13 2,093 ₹194,649
sNII (Min) 14 2,254 ₹209,622
bNII (Min) 68 10,948 ₹1,018,164
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Jun 202631 Mar 202631 Mar 2025
Revenue from Operations 191.09 675.94 604.74
EBITDA 13.76 41.63 25.92
Profit After Tax (PAT) 8.28 22.53 24.27
Net Worth 105.02 96.82 74.64
Total Assets 232.65 248.41 200.33
Reserves & Surplus 64.56 56.28 72.17
Total Borrowings 92.46 119.87 95.84
Key Ratios & Valuation
Issue Price ₹93
Face Value ₹10 Per Share
P/BV 3.57
RoE 8.20
RoCE 6.14
RoNW 8.20
PAT Margin (%) 4.33
EBITDA Margin (%) 7.20
Debt / Equity 0.88
Company Details
Company
Jindal Supreme (India) Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
9th KM O P Jindal Marg Hisar Cantt Hisar, Haryana, 125006
Book Running Lead Managers
Sarthi Capital Advisors Pvt.Ltd
Book Running Lead Manager (BRLM)