Jindal Supreme (India) IPO
Steel • ₹125cr
High risk because:
- 5 material risk factors disclosed in DRHP
- 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.
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹88-93
Lot Size
161 shares
Issue Size
₹125cr
Open
16 Sept 2026
Close
18 Sept 2026
Subscription
—
GMP +₹21 → est. ₹114
IPO Schedule
| Issue Open Date | 16 Sept 2026 |
| Issue Close Date | 18 Sept 2026 |
| Allotment Date | 21 Sept 2026 |
| Listing Date | 23 Sept 2026 |
About Jindal Supreme (India)
Jindal Supreme (India) Limited is engaged in the manufacture and supply of steel pipes, tubes, and related products for infrastructure and industrial applications. Its product portfolio includes mild steel (MS) black pipes and tubes, galvanised pipes and tubes, metal beam crash barriers, and galvanised iron (GI) tubular poles. These products are used in water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil and gas, chemicals, agriculture, rural electrification, and other applications. The company primarily sells its products directly to institutional buyers, including infrastructure contractors and industrial customers, and also supplies through a network of dealers, mainly in northern states of India. The company commenced operations in 1974 and has expanded its product portfolio over the years. Its manufacturing facility is located in Hisar, Haryana, and is equipped with machinery, mills, welding plants, and galvanising plants, along with an in-house maintenance workshop and testing equipment.
Company Details
Founders / Promoters
Mr Abhishek Jindal
Founded
1974
Registrar
Bigshare Services Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Grey Market Premium (GMP)
Issue Price
₹93
GMP
+₹21
Est. Listing
₹114
Est. Gain
+22.6%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
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FAQ
What is the price band of Jindal Supreme (India) IPO?
The price band is ₹88-93 per share with a lot size of 161 shares. Minimum investment: ₹14,973.
What does Jindal Supreme (India) do?
Jindal Supreme (India) Limited is engaged in the manufacture and supply of steel pipes, tubes, and related products for infrastructure and industrial applications. Its product portfolio includes mild steel (MS) black pipes and tubes, galvanised pipes and tubes, metal beam crash barriers, and galvanised iron (GI) tubular poles. These products are used in water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil and gas, chemicals, agriculture, rural electrification, and other applications. The company primarily sells its products directly to institutional buyers, including infrastructure contractors and industrial customers, and also supplies through a network of dealers, mainly in northern states of India. The company commenced operations in 1974 and has expanded its product portfolio over the years. Its manufacturing facility is located in Hisar, Haryana, and is equipped with machinery, mills, welding plants, and galvanising plants, along with an in-house maintenance workshop and testing equipment.
Should I apply for Jindal Supreme (India) IPO?
Jindal Supreme (India) is a Steel mainboard IPO and opens 16 Sept 2026 with a ₹88-93 price band (₹125cr issue) — subscription data is not live yet, so demand signals are unavailable. Unofficial grey market premium is around ₹21, roughly 23% above the ₹93 upper band for this Steel IPO — useful as a sentiment check before listing, but not verified by NSE/BSE/SEBI.
Who founded Jindal Supreme (India)?
Jindal Supreme (India) was founded by Mr Abhishek Jindal in 1974.