IPO profile
Jindal Supreme (India) Limited
JSIPL · NSE
- Price band
- ₹88 - ₹93
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 161 shares
- Minimum Application
- ₹14,973
- Issue Size
- Rs. 125 Cr
- Face Value
- Not available
- Issue Price
- ₹93
Company Overview
Jindal Supreme (India) manufactures and supplies various steel products, primarily focusing on Mild Steel (MS) black pipes and tubes, MS galvanized pipes and tubes, metal beam crash barriers, and galvanized iron (GI) tubular poles. Operating from a single manufacturing facility in Hisar, Haryana, the company uses processes such as coil slitting, forming, degreasing, fluxing, and galvanizing to create products used across infrastructure, construction, plumbing, and rural electrification sectors. The company relies heavily on the demand for its core Black Pipes and Galvanized Pipes, which account for a significant portion of its sales. It serves its customer base through an established dealer network primarily in Northern India. Jindal Supreme (India) meets its raw material requirements by procuring mild steel coils, hot-rolled coils, and galvanizing materials from multiple suppliers.
Important Dates
- Open Date
- 16 Sept 2026
- Close Date
- 18 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 23 Sept 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 23 Sept 2026
- Actual Listing Price
- ₹120
- Gain/Loss Per Share
- +₹27
- Gain/Loss Per Lot
- +₹4,347
- Listing Gain/Loss %
- +29.03%
- Measured Against
- ₹93
- Lot Size
- 161 shares
Historical result from the reported listing price, compared with the issue price. Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Founder-led management team with extensive industry expertise.
- Well-established distribution network featuring 53 dealers across Northern India.
- Diversified steel product portfolio mitigating reliance on a single segment.
- Robust manufacturing capabilities with a total installed capacity of 1,71,000 MTPA.
- Strategically located manufacturing facility in Hisar, Haryana, for operational efficiency.
Key risks
- Geographic concentration risk due to relying on a single manufacturing facility in Haryana.
- Heavy reliance on the top 10 suppliers for over 70% of total raw material purchases.
- Profit margins are highly vulnerable to price volatility in key steel raw materials.
- Significant revenue dependence on the market demand for Black and Galvanized Pipes.
- Customer concentration risk, as top buyers contribute a substantial portion of total revenue
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.