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Opens
16 Sept 2026
Closes
18 Sept 2026
Allotment
21 Sept 2026
Listing
23 Sept 2026
At a glance
IPO Open Wed, Sep 16, 2026 IPO Close Fri, Sep 18, 2026 Price Band To be declared Market Cap To be declared IPO Details IPO Date 16 to 18 Sep, 2026 Listing Date Wed, Sep 23, 2026 T Face Value ₹ 10 per share Price Band Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 1,34,28,000 shares (agg. up to ₹ [.] Cr) Fresh Issue 1,07,41,149 shares (agg. up to ₹ [.] Cr) Offer for Sale 26,86,851 shares of ₹ 10 (agg. up to ₹ [.] Cr) Share Holding Pre Issue 4,02,82,620 shares Share Holding Post Issue 5,10,23,769 shares IPO Timetable (Tentative) IPO Open Wed, Sep 16, 2026 IPO Close Fri, Sep 18, 2026 Allotment Mon, Sep 21, 2026 Refund Tue, Sep 22, 2026 Credit of Shares Tue, Sep 22, 2026 Listing Wed, Sep 23, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Offer Retail Not less than 35% of the Offer NII Not less than 15% of the Offer About Jindal Supreme (India) Ltd. Updated on Sep 8, 2026 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.
Overview
Jindal Supreme IPO is a book build issue of 1.34 crore shares. The issue is a combination of fresh issue of 1.07 crore shares and offer for sale of 26.87 lakh shares.
Jindal Supreme IPO opens for subscription on Sep 16, 2026 and closes on Sep 18, 2026. The allotment for the Jindal Supreme IPO is expected to be finalized on Sep 21, 2026. Jindal Supreme IPO will list on NSE and BSE with a tentative listing date fixed as Sep 23, 2026.
Jindal Supreme IPO is set issue price band at [.] to [.] per share.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Jindal Supreme IPO RHP for detailed Information.
Issue details
IPO Date
16 to 18 Sep, 2026
Listing Date
Wed, Sep 23, 2026T
Face Value
₹10 per share
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
About the company
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.
- 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.
Financials
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 232.65 | 248.41 | 200.33 | 181.16 |
| Total Income | 191.09 | 675.94 | 604.74 | 650.88 |
| Profit After Tax | 8.28 | 22.53 | 24.27 | 12.87 |
| EBITDA | 13.76 | 41.63 | 25.92 | 21.11 |
| NET Worth | 105.02 | 96.82 | 74.64 | 50.31 |
| Reserves and Surplus | 64.56 | 56.28 | 72.17 | 47.90 |
| Total Borrowing | 92.46 | 119.87 | 95.84 | 104.92 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 8.20% | 26.28% |
| ROCE | 6.14% | 16.78% |
| Debt/Equity | 0.88 | 1.24 |
| RoNW | 8.20% | 26.28% |
| PAT Margin | 4.33% | 3.33% |
| EBITDA Margin | 7.20% | 6.16% |
| NAV | 26.07 | 24.04 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
5.59
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 73.68% |
| Public | 26.32% | |
| Total | 100% | 100% |
Objects of the issue
- — Repayment/pre-payment, in full or in part, of certain outstanding borrowings
- — General Corporate Purposes
Intermediaries
Registrar
Bigshare Services Pvt.Ltd.
Lead manager(s)
Sarthi Capital Advisors Pvt.Ltd.
FAQs
How to apply in Jindal Supreme IPO through Zerodha?+
Zerodha customers can apply online in Jindal Supreme IPO using UPI as a payment gateway. Zerodha customers can apply in Jindal Supreme IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Jindal Supreme IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Jindal Supreme IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Jindal Supreme IPO will open?+
The Jindal Supreme IPO opens on Wed, Sep 16, 2026 and closes on Fri, Sep 18, 2026.
What is the lot size of Jindal Supreme IPO?+
Jindal Supreme IPO lot size and the minimum order quantity is not available at this time. Please check again later.
How to apply for Jindal Supreme IPO?+
You can apply in Jindal Supreme IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Jindal Supreme IPO allotment?+
The finalization of Basis of Allotment for Jindal Supreme IPO will be done on Monday, September 21, 2026 , and the allotted shares will be credited to your demat account by Tue, Sep 22, 2026 . Check the Jindal Supreme IPO allotment status .
When is Jindal Supreme IPO listing date ?+
The Jindal Supreme IPO listing date is not yet announced. The tentative date of listing is Wed, Sep 23, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.