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Jindal Supreme (India) Ltd
Upcoming NSE & BSE Bookbuilding IPO

Jindal Supreme (India) Ltd IPO

GMP Today
+₹21
+22%
Issue Price
₹93
Est. Listing: ₹114
IPO Overview
Quick facts
Issue Price
₹93
Lot Size
161 shares
Min. Investment
₹14,973
Issue Size
1,34,28,000 shares (agg. up to ₹125 Cr)
Face Value
₹10
Issue Type
Bookbuilding IPO
Listing Exchange
NSE & BSE
Script Code
Important Dates
IPO Open
16 Sep 2026
IPO Close
18 Sep 2026
Allotment
21 Sep 2026
Refund Init.
22 Sep 2026
Demat Credit
22 Sep 2026
Listing Date
23 Sep 2026
Financial Highlights

Amount in ₹ Crore

Metric 30 Jun 2026 31 Mar 2026 31 Mar 2025
Revenue 191675604
PAT 82224
EBITDA 134125
Net Worth 1059674
Total Assets 232248200
Reserves 645672
Borrowings 9211995
ROE
8
ROCE
6
RONW
8
PAT Margin
4
EBITDA Mgn
7
D/E Ratio
0
P/B Value
3
Pre EPS
5
Post EPS
6
Pre P/E
16
Post P/E
14
Objects of Issue
  • Repayment/pre-payment, in full or in part, of certain outstanding borrowings
  • General Corporate Purposes
About Jindal Supreme (India) Ltd

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.
Apply for This IPO
₹93
Min. ₹14,973 · 161 shares/lot
Expected Listing ₹114
GMP +₹21 (+22%)
Close Date 18 Sep 2026
Pre-Issue
4,02,82,620 shares
Post-Issue
5,10,23,769 shares
Company Contact
Registrar
Bigshare Services Pvt.Ltd
  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
Lead Managers
  • Sarthi Capital Advisors Pvt.Ltd
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