Upcoming IPO: Jindal Supreme (India) — Opens 16 Sept, Price Band ₹88 – ₹93, Check GMP

Jindal Supreme (India) IPO opens on 16 Sept 2026 and closes on 18 Sept 2026 at a price band of ₹88 – ₹93 per share. Track the latest GMP, lot size, subscription, allotment and listing details.

Upcoming IPO: Jindal Supreme (India) — Opens 16 Sept, Price Band ₹88 – ₹93, Check GMP

Jindal Supreme (India) is a Mainboard IPO scheduled to open on 16 Sept 2026 and close on 18 Sept 2026, priced at ₹88 – ₹93 per share, minimum lot 161 shares (~₹14,973 for retail). Proposed listing on NSE, BSE on 23 Sept 2026.

About Jindal Supreme (India)

Jindal Supreme (India) manufactures and supplies various steel products, primarily focusing on Mild Steel (MS) black pipes and tubes, MS galvanized pipes and tubes, metal beam crash barriers, and galvanized iron (GI) tubular poles. Operating from a single manufacturing facility in Hisar, Haryana, the company uses processes such as coil slitting, forming, degreasing, fluxing, and galvanizing to create products used across infrastructure, construction, plumbing, and rural electrification sectors. The company relies heavily on the demand for its core Black Pipes and Galvanized Pipes, which account for a significant portion of its sales. It serves its customer base through an established dealer network primarily in Northern India. Jindal Supreme (India) meets its raw material requirements by procuring mild steel coils, hot-rolled coils, and galvanizing materials from multiple suppliers.

Jindal Supreme (India) IPO Details

IPO TypeMainboard
Price Band₹88 – ₹93 per share
Lot Size161 shares · ~₹14,973 for retail
Grey Market Premium (GMP)Not available yet
Total Issue Size₹124.88 crore
Listing AtNSE, BSE

Jindal Supreme (India) IPO Important Dates

EventDate
IPO Open Date16 Sept 2026
IPO Close Date18 Sept 2026
Basis of Allotment21 Sept 2026
Refund / UPI Mandate Release22 Sept 2026
Credit of Shares to Demat22 Sept 2026
Listing Date23 Sept 2026

Jindal Supreme (India) IPO Lot Size & Investment

CategoryLotsSharesAmount
Retail (min)1161₹14,973
Retail (max)132,093₹1,94,649
S-HNI14 – 662,254 – 10,626₹2,09,622 – ₹9,88,218
B-HNI (min)6710,787₹10,03,191

Jindal Supreme (India) IPO GMP (Grey Market Premium)

The latest grey market premium for Jindal Supreme (India) is Not available yet. GMP is an unofficial, over-the-counter figure that can change through the day and is not endorsed by SEBI or the exchanges.

Jindal Supreme (India) — Strengths

  • Founder-led management team with extensive industry expertise.
  • Well-established distribution network featuring 53 dealers across Northern India.
  • Diversified steel product portfolio mitigating reliance on a single segment.
  • Robust manufacturing capabilities with a total installed capacity of 1,71,000 MTPA.
  • Strategically located manufacturing facility in Hisar, Haryana, for operational efficiency.

Jindal Supreme (India) — Risks

  • Geographic concentration risk due to relying on a single manufacturing facility in Haryana.
  • Heavy reliance on the top 10 suppliers for over 70% of total raw material purchases.
  • Profit margins are highly vulnerable to price volatility in key steel raw materials.
  • Significant revenue dependence on the market demand for Black and Galvanized Pipes.
  • Customer concentration risk, as top buyers contribute a substantial portion of total revenue

Jindal Supreme (India) IPO Objects of the Issue

PurposeAmount (₹ crore)
Repayment Of Borrowings71 (71.08%)
General Corporate Purpose28.89 (28.92%)

Jindal Supreme (India) IPO Reservation

Investor CategoryShares Offered
QIBNot more than 50% of the net offer
NII (HNI)Not less than 15% of the net offer
RetailNot less than 35% of the net offer

More on Jindal Supreme (India) IPO

Allotment and listing-gain details will be published here once available. This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.

Jindal Supreme (India) IPO GMP today →
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