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Jindal Supreme (India) Ltd Logo

Jindal Supreme (India) Ltd IPO

Upcoming Bookbuilding IPO NSE & BSE Fresh capital cum OFS
← Back to GMP
Issue Price ₹93
GMP +₹11
Est. Listing ₹104 (+12%)
Lot Size 161
Face Value ₹10
Issue Size 13,428,000 shares (agg. up to ₹125 Cr)
Subscription

IPO Timeline

Open Date16-Sep-26
Close Date18-Sep-26
Allotment21-Sep-26
Refund Initiation22-Sep-26
Demat Credit22-Sep-26
UPI Mandate Deadline-
Listing Date23-Sep-26

Category-wise Subscription

Shares offered, bid & amount
Subscription data awaited Exchange/category numbers are not published yet. Issue details are still available below.

Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.

Issue Details

Issue Price / Price Band₹93
Face Value₹10
Lot Size161 shares
Issue Size13,428,000 shares (agg. up to ₹125 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh capital cum OFS
Script Code
Fresh Issue10,741,149 shares (agg. up to ₹100 Cr)
Offer for Sale2,686,851 shares of ₹10 (agg. up to ₹25 Cr)
Net Offer to Public
Amount In₹ Crore

Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)1161₹14,973
Retail (Max)132,093₹194,649
S-HNI (Min)142,254₹209,622
B-HNI (Min)6710,787₹1,003,191
Retail1 lot(s)161 shares₹14,973
S-HNI14 lot(s)2,254 shares₹209,622
B-HNI67 lot(s)10,787 shares₹1,003,191

Shareholding Pattern

Pre-Issue Shareholding40,282,620 shares%
Post-Issue Shareholding51,023,769 shares%
Reserved for Market Maker

Financial Statements Amount in ₹ Crore

Metric 30 Jun 2026 31 Mar 2026 31 Mar 2025
Revenue 191 676 605
EBITDA 14 42 26
Profit After Tax 8 23 24
Net Worth 105 97 75
Total Assets 233 248 200
Reserves & Surplus 65 56 72
Total Borrowing 92 120 96

Valuation & Key Ratios

ROE8%
ROCE6%
RONW8%
PAT Margin4%
EBITDA Margin7%
Debt/Equity1
P/BV4
Pre EPS₹6
Post EPS₹6
Pre P/E17
Post P/E14

Grey Market Premium (GMP)

+₹11 Current GMP
₹104 Est. Listing Price
+12% Expected Gain

GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.

Objects of the Issue

  • Repayment/pre-payment, in full or in part, of certain outstanding borrowings – 71.00
  • General Corporate Purposes –

Company Overview

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 Strengths

  • Strong 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.

Company Information

Address9th KM O P Jindal Marg Hisar Cantt Hisar, Haryana, 125006