Skip to main content
HOMEUNLISTED SHARESIPO CALENDARROAD TO IPOBLOGSPARTNER WITH US
MORE TO EXPLORE
OPEN DEMAT
ENQUIRE NOW
‹ BACK TO THE DEPARTURES BOARD
Jindal Supreme logo
ONE SERVICE ON THE DEPARTURES BOARD

JINDAL SUPREME IPO

NOW BOARDINGNSE, BSE · MAINBOARD · IRON & STEEL PRODUCTS
INDICATIVE FARE / PRICE BAND
₹88–93
GMP +₹27 (+29.03%)
BAND & GMP INDICATIVE · GMP IS UNOFFICIAL MARKET CHATTER · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 14 SEPT 2026, 22:01 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹88–93
LOT SIZE
161 SHARES
ISSUE SIZE
₹124.88 CR
MIN INVESTMENT
₹14,973 · 161 SHARES
GMP · GREY MARKET
+₹27 (+29.03%)
RECORDED 14 SEPT 2026, 21:36 IST
P/E RATIO
16.64
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
RETAIL · MINIMUM · AS PUBLISHED1161₹14,973
RETAIL · MAXIMUM · COMPUTED132,093₹1,94,649
SMALL HNI · MINIMUM · AS PUBLISHED142,254₹2,09,622
SMALL HNI · MAXIMUM · COMPUTED6610,626₹9,88,218
BIG HNI · MINIMUM · AS PUBLISHED6710,787₹10,03,191
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹93 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
16 SEPT 26
NEXT STOP
CLOSES
18 SEPT 26
SCHEDULED
ALLOTMENT
21 SEPT 26
SCHEDULED
LISTING
23 SEPT 26
SCHEDULED
ANCHOR BIDDING15 SEPT 26REFUNDS INITIATED22 SEPT 26SHARES IN DEMAT22 SEPT 26ANCHOR LOCK-IN ENDS · 30 DAY21 OCT 26ANCHOR LOCK-IN ENDS · 90 DAY20 DEC 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
THE GREY MARKET · UNOFFICIAL

WHAT THE CHATTER IMPLIES.

INDICATIVE LISTING PRICE
₹120
UPPER BAND ₹93
GMP +₹27 (+29.03%)
RECORDED 14 SEPT 2026, 21:36 IST
This is a calculation, not a forecast or an investment recommendation. GMP is unofficial grey-market chatter — it is not a quote from any exchange, it changes through the day and it frequently does not match the eventual listing price.
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹10
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹99.89 CR
1,07,41,149 SHARES
OFFER FOR SALE
₹24.99 CR
26,86,851 SHARES
TOTAL SHARES OFFERED
1,34,28,000

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

QIB
Not more than 50% of the Offer
NII (HNI)
Not less than 15% of the Offer
RETAIL
Not less than 35% of the Offer
CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
5.59
EPS · POST-ISSUE
6.49
P/E RATIO
16.64
P/E · POST-ISSUE
14.33
RONW
26.28%
ROCE
16.78%
ROE
26.28%
PAT MARGIN
3.33%
EBITDA MARGIN
6.16%
PRICE / BOOK
3.87
NAV PER SHARE
₹24.04
DEBT / EQUITY
1.24
MARKET CAP
₹474.52 CR
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 2630 JUN 26
ASSETS181.16200.33248.41232.65
TOTAL INCOME650.88604.74675.94191.09
PROFIT AFTER TAX12.8724.2722.538.28
EBITDA21.1125.9241.6313.76
NET WORTH50.3174.6496.82105.02
RESERVES AND SURPLUS47.972.1756.2864.56
TOTAL BORROWING104.9295.84119.8792.46
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)P/E (X)RONW (%)FINANCIAL STATEMENTS
Jindal Supreme (India) Ltd. · THIS ISSUER5.5926.28Restated
Vibhor Steel Tubes Ltd4.6423.064.57
Sambhv Steel Tubes Ltd1.8165.5518.35
Hi-tech Pipes Ltd3.7722.316.07
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

Source for Peer Group information: www.bseindia.com - P/E ratio is calculated based on market price of equity shares on BSE as on August 11, 2026, divided by earning per share based on fiscal 2026. RoNW: Return on net worth is calculated as profit after tax divided by average net worth CMP: Current market price on BSE as on August 11, 2026 The figures of the Company are based on the restated financial results for fiscal 2026. The figures for the Peer group are based on audited results for fiscal 2026.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
Repayment/pre-payment, in full or in part, of certain outstanding borrowings71
General Corporate Purposes
INR CR 71 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Incorporated in 1974, Jindal Supreme (India) Ltd is engaged in the manufacturing and supply of a wide range of steel pipes, tubes and related products used across infrastructure and industrial applications. The company's product portfolio includes MS black pipes, tubes, galvanized pipes, metal beam crash barriers and GI tubular poles. These products cater to sectors such as water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil and gas, chemicals, agriculture, and rural electrification. The company reported a dealer network of 51, 49, 34 and 30 dealers for the period ended June 2025, Fiscal 2025, Fiscal 2024 and Fiscal 2023 respectively. Revenue is generated from the sale of MS steel black pipes, galvanized pipes, metal beam crash barriers, GI poles and other operating income. Its manufacturing facility is located at 9th KM, O P Jindal Marg, Hisar Cantt, Hisar - 125006, Haryana, and is equipped with raw material handling and preparation equipment including an uncoiler, shear and end cutting machine, and coil accumulator. As on June 30, 2025, the company employed 231 personnel.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Abhishek Jindal, Sonam Jindal
HOLDING PRE-ISSUE
100%
HOLDING POST-ISSUE
73.68%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Sarthi Capital Advisors Pvt.Ltd.
REGISTRAR TO THE ISSUE
NAME
Bigshare Services Pvt.Ltd.
PHONE
8657578989/8069219065/8069219060
THE COMPANY
PHONE
016 6223 6500
REGISTERED OFFICE
9th KM, O P Jindal Marg, Hisar Cantt, Hisar, Haryana, 125006
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Jindal Supreme IPO price band?+

The indicative price band is ₹88–93 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Jindal Supreme IPO?+

One lot is 161 shares. At the upper band of ₹93, one lot works out to ₹14,973.

How many lots can a retail investor apply for in the Jindal Supreme IPO?+

A retail application runs from 1 lot (161 shares, ₹14,973) up to 13 lots (2,093 shares, ₹1,94,649) — the most that fits under SEBI's ₹2 lakh retail ceiling.

What is the minimum HNI application in the Jindal Supreme IPO?+

A small-HNI (sHNI) application starts at 14 lots — 2,254 shares, ₹2,09,622. A big-HNI (bHNI) application starts at 67 lots — 10,787 shares, ₹10,03,191, above the ₹10 lakh boundary.

When does the Jindal Supreme IPO open and close?+

The issue opens on 16 Sept 2026 and closes on 18 Sept 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Jindal Supreme IPO allotment?+

Allotment is scheduled for 21 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When does Jindal Supreme list?+

Listing is scheduled for 23 Sept 2026 on NSE, BSE.

Where will Jindal Supreme be listed?+

Jindal Supreme is proposed for listing on NSE, BSE. It is a mainboard issue.

How large is the Jindal Supreme IPO?+

The issue size is ₹124.88 Cr — a fresh issue of ₹99.89 cr and an offer for sale of ₹24.99 cr. Figures are indicative and subject to the RHP.

What is the difference between the fresh issue and the offer for sale in the Jindal Supreme IPO?+

Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.

What is the grey market premium (GMP) for the Jindal Supreme IPO?+

The last GMP we recorded is +₹27 (+29.03%), as at 14 SEPT 2026, 21:36 IST. GMP is unofficial grey-market chatter. It is not a quote from any exchange, it is not a price anyone is obliged to honour, it moves through the day and it often does not match the eventual listing price. We publish it as information only.

What listing price does the GMP imply for Jindal Supreme?+

Adding the last recorded GMP to the upper band gives ₹120. That is a calculation, not a forecast or an investment recommendation, and it is built on an unofficial grey-market figure.

Who is the registrar for the Jindal Supreme IPO?+

The registrar to the issue is Bigshare Services Pvt.Ltd. (8657578989/8069219065/8069219060), ipo@bigshareonline.com.

Where can I check the Jindal Supreme IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://ipo.bigshareonline.com/IPO_Status.html. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

‹ SEE EVERY SERVICE ON THE DEPARTURES BOARD
ASK ABOUT UNLISTED SHARES →
PRE-IPO STOCK ONLY · WE DO NOT ACCEPT IPO APPLICATIONS
Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
© 2026 BUYUNLISTEDSHARES · A BRAND OF GAYATRI FINANCIAL SYNERGY · SINCE 2002 · ‹ BACK TO THE RIDE
TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,850 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,850 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —