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Jindal Supreme IPO | Key Dates, Price Band, and Lot Size
Author
Shoonya Team
Jindal Supreme (India) Limited is launching a ₹124.88 crore IPO, opening for subscription on September 16, 2026. The IPO will close on September 18, 2026. The shares will be listed on the BSE and NSE, with a tentative listing date of September 23, 2026.
The price band is set at ₹88 to ₹93 per share, and the minimum lot size is 161 shares. Retail investors need a minimum investment of ₹14,973 at the upper price band. In comparison, sNII investors must apply for at least 2,254 shares worth ₹2,09,622, while bNII investors must apply for at least 10,787 shares worth ₹10,03,191.
The Jindal Supreme IPO comprises a fresh issue of 1.07 crore shares aggregating to ₹99.89 crore and an offer for sale of 26.87 lakh shares aggregating to ₹24.99 crore.
Jindal Supreme Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | September 16, 2026 |
| IPO Closing Date | September 18, 2026 |
| Tentative IPO Listing Date | September 23, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹88 – ₹93 per share |
| Lot Size | 161 shares |
| Total Issue Size | 1,34,28,000 shares, aggregating to ₹124.88 crore |
| Fresh Issue | 1,07,41,149 shares, aggregating to ₹99.89 crore |
| Offer for Sale | 26,86,851 shares, aggregating to ₹24.99 crore |
| IPO Segment | Main Board, Book-Building IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 4,02,82,620 shares |
| Shareholding Post-Issue | 5,10,23,769 shares |
| Market Cap (At Upper Price) | ₹474.52 Cr |
Jindal Supreme Limited | Company Overview
Incorporated in 1974, Jindal Supreme (India) Limited manufactures and supplies steel pipes, tubes and other products used across infrastructure and industrial applications.
Its product portfolio includes mild steel black pipes and tubes, galvanised pipes, metal beam crash barriers and galvanised iron tubular poles. These products are used in water supply, plumbing, construction, roads, highways, bridges, oil and gas, chemicals, agriculture and rural electrification.
Jindal Supreme primarily follows a business-to-business model and sells to infrastructure contractors and other institutional and industrial customers. It also supplies products through its dealer network. As of June 30, 2026, the company had 53 dealers and 242 employees.
Considering the Jindal Supreme IPO?
Subscription open September 16–18, 2026 · Price band ₹88–₹93 · Min. investment ₹14,973
Jindal Supreme Limited | Key Dates
- IPO Opening Date: September 16, 2026
- IPO Closing Date: September 18, 2026
- Allotment Date: September 21, 2026
- Refunds Initiated: September 22, 2026
- Shares Credited to Demat: September 22, 2026
- Listing Date: September 23, 2026
- Cut-off Time for UPI Mandate Confirmation: Typically 5 PM on the IPO closing date, September 18, 2026
Jindal Supreme IPO | Lot Size & Investment
Investors can bid for a minimum of 161 shares and in multiples thereof. The application amounts below are calculated at the upper price band of ₹93 per share.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 161 | ₹14,973 |
| Retail Maximum | 13 | 2,093 | ₹1,94,649 |
| sNII Minimum | 14 | 2,254 | ₹2,09,622 |
| sNII Maximum | 66 | 10,626 | ₹9,88,218 |
| bNII Minimum | 67 | 10,787 | ₹10,03,191 |
Investor Category Reservations
| Category | Application Value | Cut-off Price Option |
|---|---|---|
| RII | Up to ₹2 lakh | Yes |
| sNII | Above ₹2 lakh and up to ₹10 lakh | No |
| bNII | Above ₹10 lakh | No |
Up to 50% of the offer is available for Qualified Institutional Buyers, at least 35% for retail investors and at least 15% for Non-Institutional Investors.
Jindal Supreme Limited | Financial Overview
Jindal Supreme’s total income increased by approximately 12% between the financial years ending March 31, 2025, and March 31, 2026.
Here is a snapshot of its year-on-year financial performance:
| Detail | 31-Mar-26 | 31-Mar-25 | Change | Change % |
|---|---|---|---|---|
| Assets | 248.41 | 200.33 | +48.08 | +24.00% |
| Total Income | 675.94 | 604.74 | +71.20 | +11.77% |
| Profit After Tax | 22.53 | 24.27 | -1.74 | -7.17% |
| EBITDA | 41.63 | 25.92 | +15.71 | +60.61% |
| Net Worth | 96.82 | 74.64 | +22.18 | +29.72% |
| Reserves and Surplus | 56.28 | 72.17 | -15.89 | -22.02% |
| Total Borrowings | 119.87 | 95.84 | +24.03 | +25.07% |
Jindal Supreme Limited IPO | FAQs
When does the Jindal Supreme IPO open and close?
The Jindal Supreme IPO opens on September 16, 2026, and closes on September 18, 2026.
What is the price band and lot size for the Jindal Supreme IPO?
The price band for Jindal Supreme is ₹88 to ₹93 per share, and the minimum lot size is 161 shares. Retail investors must apply for at least one lot, amounting to ₹14,973 at the upper price band.
How can I check the allotment status of the Jindal Supreme IPO?
You can check the IPO allotment status for Jindal Supreme on Bigshare Services Private Limited’s website using your PAN, application number or Demat account details. The status may also be available through the BSE and NSE issue pages.
Who is the registrar for the Jindal Supreme IPO?
Bigshare Services Private Limited is the registrar for the Jindal Supreme IPO.
What is the refund and Demat credit date for the Jindal Supreme IPO?
Refunds or the release of blocked funds for the Jindal Supreme IPO are tentatively scheduled for September 22, 2026.
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