Jindal Supreme (India) IPO
Jindal Supreme (India) IPO Details
-
Open Date
16 Sep 2026
-
Close Date
18 Sep 2026
- IPO Price Range
₹ 88 to ₹93
- IPO Size
₹ 124.88 Cr
Jindal Supreme (India) IPO Timeline
Last Updated: 11 September 2026 4:42 PM by 5paisa
Jindal Supreme (India) Limited has over five decades of experience manufacturing steel pipes, tubes and allied products for infrastructure and industrial applications. Its portfolio includes MS black pipes, galvanised pipes, metal beam crash barriers and GI tubular poles. Operating primarily through a B2B model, the Company serves institutional customers, contractors and dealers. Its Hisar, Haryana facility supports manufacturing, galvanising and testing, while its dealer network is concentrated across northern India.
Established in: 1974
Managing Director: Abhishek Jindal
Peers :
| Metric | Jindal Supreme Limited | Vibhor Steel Tubes Limited | Sambhv Steel Tubes Limited | Hi-Tech Pipes Limited |
|---|---|---|---|---|
| Face Value | 10 | 10 | 10 | 1 |
| Sales | 675.97 | 1152.26 | 2420.46 | 4202.66 |
| PAT | 2252.91 | 879.34 | 14215.10 | 7616.05 |
| EPS | 5.59 | 4.64 | 1.81 | 3.77 |
| P/E | - | 23.06 | 65.55 | 22.31 |
| RoNW (%) | 26.28 | 4.57 | 18.35 | 6.07 |
| CMP | - | 107.00 | 118.65 | 84.09 |
Jindal Supreme (India) Objectives
1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings
2. General Corporate Purposes
Jindal Supreme IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹124.88 Cr |
| Offer For Sale | ₹24.99 Cr |
| Fresh Issue | ₹99.89 Cr |
Jindal Supreme IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 161 | 14,168 |
| Retail (Max) | 13 | 2,093 | 1,94,649 |
| S-HNI (Min) | 14 | 2,254 | 1,98,352 |
| S-HNI (Max) | 66 | 10,626 | 9,88,218 |
| B-HNI (Min) | 67 | 10,787 | 9,49,256 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 645.44 | 586.40 | 675.39 |
| EBITDA | 21.11 | 25.92 | 41.63 |
| PAT | 12.87 | 24.27 | 22.53 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 181.16 | 200.33 | 248.41 |
| Share Capital | 1.92 | 1.92 | 40.28 |
| Total Liabilities | 181.16 | 200.33 | 248.41 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 20.20 | 5.74 | -5.69 |
| Net Cash Generated From / (used in) Investing Activities | -43.05 | 11.89 | -9.86 |
| Net Cash Generated From / (used in) Financing Activities | 22.87 | -17.66 | 15.54 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.03 | -0.03 | 0.01 |
Strengths
1. Diversified steel products serve multiple infrastructure applications.
2. Established manufacturing capabilities support consistent product quality.
3. Compliance with industry standards strengthens customer confidence.
4. Dealer network supports wider regional market penetration.
Weaknesses
1. Steel and zinc price volatility pressures margins.
2. Capital-intensive manufacturing requires significant ongoing investments.
3. Energy-intensive operations can increase overall production costs.
4. Skilled workforce dependence may constrain operational efficiency.
Opportunities
1. Infrastructure expansion can drive sustained steel demand.
2. Highway development supports growing crash barrier requirements.
3. Electrification projects create demand for tubular poles.
4. Urbanisation strengthens demand across construction-related applications.
Threats
1. Competitive pricing may pressure margins and volumes.
2. Infrastructure project delays could weaken near-term demand.
3. Environmental regulations may increase operational compliance costs.
4. Economic slowdowns can affect infrastructure investment cycles.
1. Over five decades of steel manufacturing experience.
2. Diversified portfolio serving multiple infrastructure applications effectively.
3. New products broaden addressable infrastructure market opportunities.
4. Dealer expansion supports wider regional market penetration.
India’s steel pipes and tubes industry is supported by continued investment across infrastructure, water supply, highways, construction and electrification. Jindal Supreme’s diversified portfolio positions it to address demand across these end-use sectors. Its expansion into metal beam crash barriers and GI tubular poles broadens its infrastructure exposure. Growing public infrastructure spending, urbanisation and rural development could support demand, while dealer network expansion may strengthen the Company’s market reach across northern India.
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FAQs
Jindal Supreme IPO opens from September 16, 2026 to September 18, 2026.
The size of Jindal Supreme IPO is approximately ₹124.88 crore.
The price band of Jindal Supreme IPO is fixed at ₹88 to ₹93 per share.
To apply for Jindal Supreme IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Jindal Supreme IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size is 161 shares, requiring an investment of approximately ₹ 14,168.
The share allotment date of Jindal Supreme IPO is September 21, 2026.
The Jindal Supreme IPO will likely be listed on September 23, 2026.
Sarthi Capital Advisors Pvt.Ltd is the book-running lead manager.
1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings
2. General Corporate Purposes