Business Overview
Jindal Supreme is a mainboard IPO with an issue size of ₹124.88 Cr. The issue will be available for subscription from 2026-09-16 to 2026-09-18, with listing expected on 2026-09-23.
16 Sept 2026 – 18 Sept 2026
₹88-93
₹125 Cr
161
23 Sept 2026
NSE, BSE
Jindal Supreme is a prominent corporate entity operating in the Mainboard Industry Leader segment. Incorporated in India, the enterprise specializes in diversified industrial and commercial solutions across domestic and global markets. Through systematic operational scaling, seasoned promoter leadership, and stringent quality adherence, the company has established a proven track record of reliable market execution.
The company is raising capital through this public issue of ₹125 Cr on the BSE & NSE Mainboard exchange platform. The bidding window opens on 16 Sept 2026 and closes on 18 Sept 2026, with equity shares offered within a price band of ₹88 to ₹93 per share.
NSE, BSE
Mainboard Tierkfintech
Official RegistryDisclosed in RHP
Book Running Merchant₹2 per share
Equity Par ValueProceeds generated from the net public issue of ₹125 Cr will be utilized by Jindal Supreme towards the following statutory corporate objectives:
₹33
+35.5% Expected₹126
Cap Price + GMP+₹5,313
161 shares × GMPBullish
High: ₹33 · Low: ₹33Exchange data verified as of 09:01 am
Understanding Allotment Odds:
Retail allotment is decided by a SEBI electronic lottery if the category is oversubscribed (>1.0x). HNI / NII allotment is proportional for small HNI and big HNI tiers.
Retail investors can apply for a maximum of 13 lots (up to ₹2 Lakh). Applications above ₹2 Lakh are automatically routed to the Non-Institutional Investor (NII / HNI) quota under SEBI bidding regulations. Cut-off price is mandatory for retail validity.
16.64x
Based on upper price band
₹524 Cr
Post-issue valuation
₹2 per share
Par equity value
18.40%
Weighted 3-year average
₹35
Per share prior to issue
₹6
Diluted FY25/26 annualised
The total public issue of ₹125 Cr comprises a Fresh Issue for capital expansion and working capital requirements, alongside an Offer for Sale (OFS) by promoter entities. Proceeds from the fresh issue will strengthen the company's balance sheet and fuel long-term organic expansion.
Mutual funds, foreign portfolio investors (FPIs), banks, and domestic insurance.
Divided into Small HNI (1/3rd, ₹2L–₹10L) and Big HNI (2/3rds, >₹10L).
Reserved exclusively for retail public investors with lottery-based allotment.
kfintech
Official registry authority handling applicant bidding records, PAN deduplication, and demat credit.
Jindal Supreme is a mainboard IPO with an issue size of ₹124.88 Cr. The issue will be available for subscription from 2026-09-16 to 2026-09-18, with listing expected on 2026-09-23.
Issue size of 124.88 Cr suggests a small offering. Overall subscription of 148.23x indicates very strong investor demand. Current grey-market premium of ₹33 (35.5%) signals strong market sentiment.
Price band set at ₹88–93 per share, a 6% range. Minimum retail investment of ₹14,973.
QIB portion subscribed 24.93x — institutional confidence is strong. NII portion subscribed 284.38x reflecting very high high-net-worth interest. Retail portion subscribed 160.34x indicating strong retail participation. Overall subscription of 148.23x. GMP of ₹33 (35.5%) implies an estimated listing price of ₹126.
Mainboard IPO — regulated by SEBI with higher disclosure standards. High subscription levels reduce risk of undersubscription but may mean lower allotment ratios.
This analysis is generated algorithmically from available data. It is not investment advice. Please consult a registered financial advisor before making investment decisions.