| 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 |
| Stars |
★★☆☆☆ |
| Allotment Status | https://ipo.bigshareonline.com/IPO_Status.html |
| Video | https://youtube.com/shorts/5V4VttMoj6Y?si=QdpV4xt36jScJb7C |
BSE List Price : ₹
NSE List Price : ₹
| Category | Times |
|---|---|
| QIBs | 126.41x |
| HNIs | 327.99x |
| Retail | 149.34x |
| Total : 181.07x | |
| 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 |
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.
| 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 |
Abhishek Jindal
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.
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.
Repayment/pre-payment, in full or in part, of certain outstanding borrowings.
General Corporate Purpose.
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/
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html