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Jindal Supreme (India) IPO: GMP, subscription and allotment status
MainboardBigshare ServicesCloses18 Sept
16.65×Heavily oversubscribed
Subscription as of 15:12 IST, from NSE bid data
- GMP
- ₹25
- +26.9%as of 17 Sept, 12:00 IST
- Est. listing
- ₹118
- +26.9% on issue price
- Price band
- ₹88–93
- Lot
- 161 shares
- Min. ₹14,973
Allotment
Expected 21 Sept.
Dates
16 → 18 Sept · allot 21 · list 23Refunds and shares in your demat account on 22 Sept.
Subscription by category
- Retail
- 18.17×
- Heavily oversubscribed
- Non-institutional (NII)
- 18.75×
- Heavily oversubscribed
- Qualified institutional (QIB)
- 12.42×
- Oversubscribed
- Total
- 16.65×
- Heavily oversubscribed
Shares bid for
- QIB
- Offered 26,85,600
- Bid for 3,34,34,870
- 12.45×
- NII
- Offered 20,14,200
- Bid for 5,51,23,180
- 27.37×
- bHNI (above ₹10 lakh)
- Offered 13,42,800
- Bid for 2,38,23,331
- 17.74×
- sHNI (₹2–10 lakh)
- Offered 6,71,400
- Bid for 3,12,99,849
- 46.62×
- Retail
- Offered 46,99,800
- Bid for 15,93,01,772
- 33.90×
- Total
- Offered 93,99,600
- Bid for 24,78,59,822
- 26.37×
As of 15:12 IST.
Issue details
- Segment
- Mainboard
- Face value
- ₹10
- Issue type
- Book Building Issue
- Fresh issue
- ₹99.89 Crores
- Offer for sale
- 26,86,851 Equity Shares
- Listing at
- BSE, NSE
- Registrar
- Bigshare Services
- NSE symbol
- JSIPL
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 1 lot, 161 shares
- 161
- ₹14,973
- Retail Maximum
- 13 lots, 2,093 shares
- 2,093
- ₹1,94,649
- S-HNI Minimum
- 14 lots, 2,254 shares
- 2,254
- ₹2,09,622
- S-HNI Maximum
- 66 lots, 10,626 shares
- 10,626
- ₹9,88,218
- B-HNI Minimum
- 67 lots, 10,787 shares
- 10,787
- ₹10,03,191
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings
- ₹71.00 Cr
- General Corporate Purpose
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹191.09 Cr−71.7% on 2026
2024
2025
2026
June 2026
₹8.28 Cr−63.2% on 2026
2024
2025
2026
June 2026
₹232.65 Cr−6.3% on 2026
2024
2025
2026
June 2026
- June 2026
- Revenue ₹191.09
- Profit ₹8.28
- Assets ₹232.65
- 2026
- Revenue ₹675.94
- Profit ₹22.53
- Assets ₹248.41
- 2025
- Revenue ₹604.74
- Profit ₹24.27
- Assets ₹200.33
- 2024
- Revenue ₹650.88
- Profit ₹12.87
- Assets ₹181.16
In ₹ crore, for the years the offer document reports.
- ROE
- 26.28%
- ROCE
- 16.78%
- EBITDA Margin
- 6.16%
- PAT Margin
- 3.33%
- Debt to equity ratio
- 1.24
- Earning Per Share (EPS)
- ₹5.59 (Basic)
- Return on Net Worth (RoNW)
- 26.28%
- Net Asset Value (NAV)
- ₹24.04
Listed peers
- Vibhor Steel Tubes Limited
- P/E 23.06
- EPS 4.64
- Return on net worth 4.57%
- Sambhv Steel Tubes Limited
- P/E 65.55
- EPS 1.81
- Return on net worth 18.35%
- Hi-Tech Pipes Limited
- P/E 22.31
- EPS 3.77
- Return on net worth 6.07%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 50%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Abhishek Jindal
- Promoter holding
- 100% before the IPO, 73.68% after
- Lead managers
- Sarthi Capital Advisors Pvt. Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
More Mainboard IPOs
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Frequently asked questions
- What is the GMP of Jindal Supreme (India) IPO today?
- The grey-market premium is ₹25, which points to a listing around ₹118 (+26.9% on the issue price), as of 12:00 IST on 17 September 2026. GMP is unofficial and doesn't guarantee a listing price.
- How many times has Jindal Supreme (India) IPO been subscribed?
- 16.65× overall, with the retail portion at 18.17×, as of 15:12 IST on 17 September 2026, from NSE bid data.
- When does Jindal Supreme (India) IPO open and close?
- Bidding runs from 16 September 2026 to 18 September 2026.
- What is the Jindal Supreme (India) IPO allotment date?
- Allotment is expected on 21 September 2026.
- When will Jindal Supreme (India) IPO list?
- Listing is expected on 23 September 2026.
- What is the lot size and minimum investment for Jindal Supreme (India) IPO?
- One lot is 161 shares, so the minimum investment at the upper price of ₹93 is ₹14,973.
- How do I check Jindal Supreme (India) IPO allotment status?
- Bigshare Services is the registrar. Once allotment is out, check it by PAN on the Bigshare Services website or right here.