Jindal Supreme IPO Day 3 Subscription at 177.03x; NII Leads at 326.84x

Generic user silhouette icon Varda Khade - 0 min read

Last Updated: 28th September 2026 - 12:44 pm

Jindal Supreme IPO was subscribed 177.03 times by 5:06 PM on Day 3, September 18, 2026. The public issue received bids for 1,66,39,99,400 shares against 93,99,600 shares available for subscription, based on the provided subscription data.

The Non-Institutional Investors (NII) category led the bidding on Day 3, with its reserved portion subscribed 326.84 times. The Retail Investors portion was subscribed 141.75 times, while the Qualified Institutional Buyers (QIB) portion recorded 126.41 times subscription.

Subscription Status of Jindal Supreme IPO

Date QIB NII Retail Total
Day 1 (September 16) 1.02 6.75 11.64 7.56
Day 2 (September 17) 12.50 37.63 39.80 31.54
Day 3 (September 18) 126.41 326.84 141.75 177.03

Here are the subscription details for Jindal Supreme IPO Day 3, 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 126.41 26,85,600   33,94,88,625 3,157.24
NII 326.84 20,14,200        65,83,20,467   6,122.38
Retail 141.75 46,99,800 66,61,90,308 6,195.57
Total 177.03 93,99,600

1,66,39,99,400            

15,475.19      

Key Highlights – Day 3

  • Jindal Supreme IPO was subscribed 177.03 times overall on Day 3.
  • The NII portion led the bidding at 326.84 times.
  • The Retail portion was subscribed 141.75 times.
  • The QIB portion was subscribed 126.41 times.
  • The IPO received bids for 1,66,39,99,400 shares against 93,99,600 shares on offer.

Key Highlights – Day 2

  • Jindal Supreme IPO was subscribed 31.54 times overall on Day 2.
  • The Retail portion led the bidding at 39.80 times.
  • The NII portion was subscribed 37.63 times.
  • The QIB portion was subscribed 12.50 times.

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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