Jindal Supreme IPO Subscribed 7.56x on Day 1

Generic user silhouette icon Varda Khade - 0 min read

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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