Jindal Supreme India IPO Details
IPO Overview
| Price Band | ₹88–₹93 |
|---|---|
| Lot Size | 161 shares |
| Min Investment | Min ₹14973 |
| GMP | ₹29 (31.18%) |
| Total Subscription | 0 times |
| Status | Upcoming |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 161 | 14973 |
| Retail (Max) | 13 | 2093 | 194649 |
| S-HNI (Min) | 14 | 2254 | 209622 |
| S-HNI (Max) | 66 | 10626 | 988218 |
| B-HNI (Min) | 67 | 10787 | 1003191 |
IPO Tentative Timetable
| IPO Open Date | Sep 16, 2026 |
|---|---|
| IPO Close Date | Sep 18, 2026 |
| Allotment Date | Sep 21, 2026 |
| Refund Initiation | Sep 22, 2026 |
| Listing Date | Sep 23, 2026 |
IPO Detail
| Face Value | ₹10 per share |
|---|---|
| Price Band | ₹88 to ₹93 |
| Lot Size | 161 Shares |
| 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 ₹125 Cr) |
| Fresh Issue | 1,07,41,149 shares (agg. up to ₹100 Cr) |
| Offer for Sale | 26,86,851 shares of ₹10 (agg. up to ₹25 Cr) |
| Share Holding Pre Issue | 4,02,82,620 shares |
| Share Holding Post Issue | 5,10,23,769 shares |
Key Performance Indicators (KPI)
| K P I | 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 |
| Price to Book Value | 3.57 | 3.87 |
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 |
Company Financials (In Crore)
| Period Ended | Assets | Total Income | Profit After Tax | E B I T D A | N E T Worth | Reserves And Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 30 Jun 2026 | 232.65 | 191.09 | 8.28 | 13.76 | 105.02 | 64.56 | 92.46 |
| 31 Mar 2026 | 248.41 | 675.94 | 22.53 | 41.63 | 96.82 | 56.28 | 119.87 |
| 31 Mar 2025 | 200.33 | 604.74 | 24.27 | 25.92 | 74.64 | 72.17 | 95.84 |
| 31 Mar 2024 | 181.16 | 650.88 | 12.87 | 21.11 | 50.31 | 47.90 | 104.92 |
Objects of the Issue
| S. No. | Objects Of The Issue | Expected Amount (in Crores) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings | 71.00 |
| 2 | General Corporate Purposes | |
| Total | 71.00 |
About 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.
Competitive Strengths
- 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.
Promoters
- Abhishek Jindal and Sonam Jindal.
Documents
Jindal Supreme India IPO Details — Frequently Asked Questions
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