Jindal Supreme
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Jindal Supreme
Price 88 to 93
GMP Rumors ₹30
Lot size 161
Issue size ₹124.88 Cr
Allotment 21-09-2026
Refund 22-09-2026
Listing 23-09-2026
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Allotment Status https://ipo.bigshareonline.com/IPO_Status.html
Video https://youtube.com/shorts/5V4VttMoj6Y?si=QdpV4xt36jScJb7C
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About

BSE List Price :

NSE List Price :

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Category Times
QIBs 126.41x
HNIs 327.99x
Retail 149.34x
Total : 181.07x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 1 161 ₹14,973
Retail Maximum 13 2,093 ₹194,649
S-HNI Minimum 14 2,254 ₹209,622
S-HNI Maximum 66 10,626 ₹988,218
B-HNI Minimum 67 10,787 ₹1,003,191

About the Company

Jindal Supreme, established in March 1974, is a prominent manufacturer and supplier of steel pipes, tubes and other steel products. Its product range comprises Mild Steel (MS) black pipes and tubes, galvanized pipes, metal beam crash barriers and Galvanized Iron (GI) tubular poles. These products cater to a wide range of applications, including water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil and gas, chemicals, agriculture and rural electrification, among others.

In FY25, Jindal expanded its product portfolio by commencing the manufacture of W-beam and Thrie-beam metal crash barriers, which are used on highways and roads to enhance safety. Subsequently, in FY26, the company began manufacturing GI tubular poles primarily used for street lighting. Its manufacturing facility in Hisar is equipped with mills, welding plants, galvanizing plants and other supporting machinery.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹650.88 ₹635.80 ₹12.87 ₹181.16
2025 ₹604.74 ₹572.35 ₹24.27 ₹200.33
2026 ₹675.94 ₹645.79 ₹22.53 ₹248.41
June 2026 ₹191.09 ₹180.05 ₹8.28 ₹232.65

Company Promoter

Abhishek Jindal

Know before investing

  • • Strengths

    Diversified Product Portfolio: The company offers a broad range of steel pipes, tubes, crash barriers and GI poles that serve various infrastructure and industrial requirements. Its presence across multiple end-use sectors provides diversification in its product portfolio.

    Technological Capabilities: The company's manufacturing facility is supported by specialised machinery for handling and preparing raw materials. These capabilities facilitate its manufacturing operations and contribute to maintaining product quality.

  • • Risks

    Single Manufacturing Location: The company's manufacturing activities are carried out from a single facility located in Hisar, Haryana. Any disruption, equipment failure, shutdown or unfavourable local or regional event affecting this facility may have a significant adverse impact on its business and financial performance.

    Raw Material Price Volatility: The company's production expenses are subject to fluctuations in the prices of major raw materials, including Mild Steel Coils, MS Hot-Rolled Coil and galvanizing materials. A substantial rise in raw material prices may increase production costs and negatively affect the company's overall financial performance.

Objects of the Issue & Utilisation of proceeds

Repayment/pre-payment, in full or in part, of certain outstanding borrowings.

General Corporate Purpose.

Company  Address

Jindal Supreme (India) Ltd.
9th KM
O P Jindal Marg
Hisar Cantt
Hisar, Haryana, 125006
Phone: 016 6223 6500
Email: janaksteel@gmail.com
Website: https://www.jindalsupreme.com/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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