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Jindal Supreme Ltd. IPO

Open

NSE, BSE · MAINBOARD · Registrar: KFin Technologies

GMP Today

+28

~30.1% indicative

IPO Details

Price Band₹88 – ₹93
Lot Size160 shares
Min Investment₹14,880
Issue Size₹520 Cr
Open Date16 Sep 2026
Close Date18 Sep 2026
Listing DateTBA
RegistrarKFin Technologies
ExchangeNSE, BSE
Expected Listing₹121 (GMP estimate)

About Jindal Supreme Ltd.

Jindal Supreme Ltd. is an integrated steel and industrial products manufacturer operating under the Jindal Group umbrella. The company manufactures galvanized steel pipes, structural steel sections, and allied metal products for infrastructure, construction, and industrial applications. Jindal Supreme operates modern manufacturing plants with annual capacity spanning multiple product categories across India.

Lead Manager

Axis Capital, IIFL Securities

5-Point Technical Gauge

Institutional Quant Model
STRONG DEMAND SETUP

High indicative premium & strong institutional subscription

GMP Demand
+30.1% (₹28)
Gauge Score
92 / 100 Rating

Educational quantitative model based on indicative GMP and subscription data. Not investment advice or a trade recommendation.

Factors to Consider Before Applying in IPO

4 / 5 Passed

Valuation Attractiveness

P/E is in-line or attractive vs listed industry peers

GMP Listing Premium

Current GMP indicates healthy estimated listing gain

Institutional Demand

QIB & Anchor allocation well-subscribed by tier-1 funds

Financial Growth Record

Positive revenue growth; operating margins moderate

Regulatory DRHP Review

No promoter share pledging; clean statutory audit report

Educational due diligence checklist. Not investment advice or a trade recommendation. Always read the complete RHP filed with SEBI.

Subscription Status

Day-wise

Day 1
1.10x
Day 2
3.40x
Day 3
7.90x

Category-wise

QIBQualified Institutional
9.50x
NIINon-Institutional (HNI)
8.10x
RIIRetail Individual
5.80x

How to Apply

  1. Open your broker app

    Use Zerodha, Groww, Upstox, or Dhan. Go to the IPO section.

  2. Select this IPO

    Search for "Jindal Supreme Ltd." in the open IPOs list.

  3. Enter lot quantity

    Minimum 1 lot = 160 shares. Apply at cutoff price for best allotment chances.

  4. Enter your UPI ID

    Your UPI ID will receive a mandate request. The amount is blocked, not debited.

  5. Approve UPI mandate

    Open your bank UPI app and approve the mandate within 30 minutes.

  6. Wait for allotment

    Allotment happens within 6 business days. Check status on the registrar website.

Regulatory Notice & Non-Advisory Mandate

Zero-Advisory

The FinBasis — Institutional-style market intelligence and IPO analytics for Indian investors. For educational and informational purposes only. Not investment advice. We are NOT a SEBI-registered Investment Adviser or Research Analyst. No content published on this platform constitutes a recommendation, buy/sell call, or financial advice.

Grey Market Premium (GMP) Notice: Grey Market Premium (GMP) – unofficial market estimate. Indicative premium based on grey market data. Not regulated by SEBI. Grey market trades operate outside regulated stock exchanges (NSE/BSE) without clearing corporation protection. Always conduct independent due diligence using the official Red Herring Prospectus (RHP).

Securities investments are subject to market risks. Please read all scheme and offer documents carefully and consult a qualified, registered financial adviser before making any investment decision.