Jindal Supreme IPO Day 3: Subscription Crosses 31x, GMP at ₹30 – Check GMP, Subscription & Listing Date
The Jindal Supreme IPO is receiving strong investor attention as the ₹124.88 crore public issue enters its final subscription day on September 18, 2026.
According to reported subscription data, the IPO has attracted more than 31 times subscription, while the grey market premium (GMP) is being reported at approximately ₹30 per share. Investors are now tracking the final bidding numbers, allotment process and expected listing performance.
Jindal Supreme IPO: Key Details
| Particular | Details |
|---|---|
| Company | Jindal Supreme (India) Limited |
| IPO Size | ₹124.88 Crore |
| Price Band | ₹88–₹93 |
| Lot Size | 161 Shares |
| Minimum Investment | ₹14,973 |
| IPO Opening Date | September 16, 2026 |
| IPO Closing Date | September 18, 2026 |
| Expected Allotment | September 21, 2026 |
| Expected Listing | September 23, 2026 |
| Listing Exchange | NSE |
The price band has been fixed at ₹88–₹93 per share. At the upper price band, one lot of 161 shares requires an investment of approximately ₹14,973.
Jindal Supreme IPO Subscription Status
The Jindal Supreme IPO has received a strong response from investors during its subscription period.
The issue was reported to be subscribed more than 31 times, with significant participation from retail and non-institutional investors. The final subscription figure will be available after the bidding window closes on September 18.
Investors should check the latest category-wise subscription data through the official exchange platforms, as numbers may change during the final bidding day.
Category-Wise Subscription
Reported subscription figures include:
- Overall Subscription: More than 31 times
- Retail Category: Approximately 40 times
- Non-Institutional Investors: Strong demand reported
- QIB Category: Subscription data subject to final updates
High subscription numbers indicate substantial application demand, but they do not guarantee listing gains or allotment.
Jindal Supreme IPO GMP Today
The current grey market premium for Jindal Supreme IPO shares is being reported at approximately ₹30 per share.
At the upper price band of ₹93, the indicative calculation would be:
- Upper IPO Price: ₹93
- Reported GMP: ₹30
- Indicative Price: ₹123
This calculation indicates an unofficial premium of approximately 32.26% over the upper issue price.
However, GMP is not an official exchange figure. It can change before listing and should not be considered a guaranteed indication of the actual listing price.
Jindal Supreme IPO Allotment Date
The Jindal Supreme IPO allotment is expected to be finalised on September 21, 2026.
The tentative IPO timeline is:
| Event | Date |
|---|---|
| IPO Closing | September 18, 2026 |
| Allotment | September 21, 2026 |
| Refund Initiation | September 22, 2026 |
| Share Credit | September 22, 2026 |
| Expected Listing | September 23, 2026 |
Investors should verify the final dates through the IPO registrar and stock exchange announcements.
How to Check Jindal Supreme IPO Allotment Status
Once the allotment is finalised, applicants can check their status through the IPO registrar's website.
Applicants generally need to provide one of the following:
- PAN number
- Application number
- DP ID or Client ID
Investors should select the relevant IPO and enter the required details. If shares are allotted, they are expected to be credited to the applicant's demat account before listing.
The refund or unblocking process will apply to applicants who do not receive shares, according to the applicable settlement schedule.
Jindal Supreme IPO Listing Date
The Jindal Supreme IPO is expected to list on September 23, 2026, on the NSE, subject to completion of the allotment and listing process.
The actual listing price will depend on market conditions, investor demand and overall sentiment on the listing day.
Even when GMP is positive, the stock may list at a price different from the unofficial grey-market estimate.
What Should Investors Consider?
Investors should not rely only on subscription figures or GMP when evaluating an IPO.
Before making an investment decision, investors should examine:
- Company's financial performance
- Revenue and profitability trends
- Valuation
- Debt obligations
- Business model
- Industry competition
- Promoter background
- Risks mentioned in the offer documents
- Current market conditions
A high subscription level shows demand for the issue, but it does not independently establish whether the IPO is fairly valued.
Jindal Supreme IPO vs Other Current IPOs
Several IPOs are closing or accepting applications during the same week, including SS Retail, Hero Motors, Sonaselection India and Axiom Gas Engineering.
Investors should compare each issue's size, price band, subscription levels, business fundamentals and expected listing timeline before deciding whether to apply.
GMP figures can vary between market trackers and may change frequently.
Final Takeaway
The Jindal Supreme IPO has attracted strong investor participation and is scheduled to close on September 18, 2026.
With reported subscription above 31 times and a GMP of approximately ₹30, the IPO is being closely watched ahead of its expected allotment on September 21 and listing on September 23.
Investors should review the company's fundamentals and valuation rather than relying solely on GMP or subscription numbers.
Follow GMP IPO Watch for the latest IPO GMP, subscription updates, allotment announcements and listing news.
Disclaimer: Grey Market Premium (GMP) is unofficial and can change at any time. GMP does not guarantee listing gains. This article is for informational purposes only and is not investment advice. Investors should conduct their own research or consult a qualified financial advisor before investing.
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