Jindal Supreme IPO Subscribed 7.56x on Day 1
Last Updated: 16th September 2026 - 06:23 pm
Jindal Supreme IPO was subscribed 7.56 times by 5:06 PM on Day 1, September 16, 2026. The public issue received bids for 7,10,28,853 shares against 93,99,600 shares available for subscription, based on the provided subscription data.
Retail investors led the bidding on Day 1, with their reserved portion subscribed 11.64 times. The Non-Institutional Investors (NII) portion was subscribed 6.75 times, while the Qualified Institutional Buyers (QIB) portion was subscribed 1.02 times.
Subscription Status of Jindal Supreme IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (September 16) | 1.02 | 6.75 | 11.64 | 7.56 |
Here are the subscription details for Jindal Supreme IPO Day 1, as of 5:06 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 40,28,400 | 40,28,400 | 37.464 |
| QIB | 1.02 | 26,85,600 | 27,36,678 | 25.451 |
| NII | 6.75 | 20,14,200 | 1,35,89,205 | 126.380 |
| Retail | 11.64 | 46,99,800 | 5,47,02,970 | 508.738 |
| Total | 7.56 | 93,99,600 |
7,10,28,853 |
660.568 |
Key Highlights – Day 1
- Jindal Supreme IPO was subscribed 7.56 times overall on Day 1.
- The Retail portion led the bidding at 11.64 times.
- The NII portion was subscribed 6.75 times.
- The QIB portion was subscribed 1.02 times.
About Jindal Supreme Limited
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.
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