Jindal Supreme (India) Limited
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₹11(11.83%)
Premium (ELP)
Jindal Supreme (India) Limited's's journey to the public markets continues with its planned IPO raising 1,34,28,000 Shares in total capital. The fresh issue component of 1,07,41,149 Shares will support strategic initiatives, complemented by ₹24.99 Cr in Offer for Sale shares from existing investors.
The company has announced a competitive price band of ₹88 to ₹93, with the minimum investment quantum set at 161 shares. This pricing strategy aims to optimize investor response while ensuring fair value realization.
The subscription window will be active between Sep 16, 2026 and Sep 18, 2026. Following the bidding process, allotment will be announced on Sep 21, 2026, with trading commencement targeted for Sep 23, 2026 on the NSE, BSEplatform.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1974, Jindal Supreme (India) Ltd is engaged in manufacturing and supplying steel pipes, tubes, and related products used across infrastructure and industrial applications. Its product portfolio includes MS black pipes, galvanized pipes, tubes, metal beam crash barriers, and GI tubular poles, catering to sectors such as water supply, construction, roads and highways, oil & gas, agriculture, and rural electrification. The company generates revenue mainly from the sale of these steel products and has steadily expanded its dealer network from 30 dealers in FY23 to 53 dealers as of December 2025, reflecting growing market reach. Its manufacturing facility in Hisar, Haryana, is equipped with essential machinery like uncoilers, shear and cutting machines, and coil accumulators for efficient production. As of June 30, 2025, the company had a workforce of 231 employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Diversified Product Portfolio: The company manufactures steel pipes, tubes, crash barriers and GI poles for various infrastructure and industrial applications. This wide product range helps reduce dependence on a single product category.
- Backward Integration: Jindal Supreme has in-house capabilities for key manufacturing processes and raw material preparation, giving it better control over production and quality.
- Strong Technology & Manufacturing Capabilities: The company’s manufacturing facility is equipped with specialised machinery for handling and preparing raw materials, supporting efficient production and consistent product quality.
- Single Manufacturing Location: The company’s manufacturing operations are concentrated at one facility in Hisar, Haryana. Any breakdown, shutdown or disruption at this facility could significantly affect production and financial performance.
- High Working Capital Requirements: The company needs significant working capital to support its day-to-day operations and business growth. Any shortage of funds could affect its operations and financial performance.
- Raw Material Price Volatility: The company is exposed to changes in the prices of key raw materials such as Mild Steel Coils, MS Hot-Rolled Coil and galvanizing materials. A significant increase in prices could raise production costs and reduce profitability.
- Abhishek Jindal
- Sonam Jindal
Jindal Supreme (India) Limited
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