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05 Mar, 2026
Jindal Supreme India IPO
Jindal Supreme India Ltd. submitted its DRHP on 9th December 2025. Jindal Supreme India IPO consists of two main parts. There is a book build issue of 1.34 crore equity shares consisting of a fresh issue of up to 1.07 crore equity shares and an OFS of up to 0.27 crore equity shares.
The shares of the Jindal Supreme India IPO are proposed to be traded on the NSE and BSE. Each share has a face value of ₹10. This Jindal Supreme India IPO will be a complete book-built offer, with the price band and subscription dates to be announced at a later date.
The Book Running Lead Manager (BRLM) for the Jindal Supreme India IPO is Sarthi Capital Advisors Private Ltd. The registrar for the IPO is Bigshare Services Private Ltd., which will handle the allotment and refund processes.
Company Background
Jindal Supreme India Ltd. was originally incorporated as "Janak Steel Tubes Private Ltd." on March 05, 1974. Over the decades, it underwent several name changes and status transitions, finally becoming a Public Ltd. Company on September 17, 2025. The company’s registered and corporate office is located at Hisar Cantt, Hisar, Haryana.
Operations & Product Range
Jindal Supreme India Ltd. is a producer and supplier of various kinds of steel pipes & tubes. Their product portfolio includes MS black pipes, galvanized pipes, metal beam crash barriers, and GI tubular poles. These products serve various sectors, including water supply, construction, highways, oil and gas, and agriculture. The company operates a 16-acre integrated facility in Hisar, Haryana, and follows a backward-integrated production model.
Revenue Streams and Business Model
Starting operations from Hisar in Haryana, it is a manufacturer of crucial infrastructure items such as steel pipes, road safety barriers, and lighting poles. It earns revenues as a supplier of such items to large-scale government and private sector projects through direct sales, as well as other sales through a developing network of dealers. It is an engagement with crucial sectors such as water supply, highways, and rural electrification.
Management & Shareholding
Promoters & Shareholding
The promoter of the company is Abhishek Jindal, who holds a significant portion of the pre-offer equity. VVJ Enterprise Private Ltd. is the promoter group entity participating as the selling shareholder in the Jindal Supreme India IPO.
Board & Key Management
The management team comprises Abhishek Jindal, who is the Managing Director of the company. The executive management of the company also comprises Ashish Chugh, who is the Company’s Chief Financial Officer (CFO). Another person in the management of the company is Rajbir Sharma, who is referred to as the Company Secretary/Compliance Officer.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Jindal Supreme India IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Jindal Supreme India IPO Details
| Detail | Description |
|---|---|
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10.00 per Equity Share |
| Issue Price Band | [.] |
| Lot Size | [.] |
| Sale Type | Fresh Issue & Offer for Sale (OFS) |
| Total Issue Size | Up to 1,34,28,000 Equity Shares |
| Fresh Issue(Ex Market Maker) | Up to 1,07,41,149 Equity Shares |
| Offer for Sale | Up to 26,86,851 Equity Shares |
| Issue Type | 100% Book Building Issue |
| Listing At | BSE and NSE |
| Share Holding Pre Issue | 4,02,84,498 Equity Shares (Promoter holds 66.54%) |
Jindal Supreme India IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | [.] |
| IPO Close Date | [.] |
| Tentative Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat | [.] |
| Tentative Listing Date | [.] |
| Cut-off time for UPI mandate confirmation | 5:00 PM on the Bid/Offer Closing Date |
Jindal Supreme India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | [.] | ₹14,000 - ₹15,000 |
| Individual investors (Retail) (Max) | 13-14 | [.] | Up to ₹2,00,000 |
| S-HNI (Min) | 14-15 | [.] | Over ₹2,00,000 |
| S-HNI (Max) | 66-70 | [.] | Up to ₹10,00,000 |
| B-HNI (Min) | 71+ | [.] | Over ₹10,00,000 |
Jindal Supreme India IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 100.00% |
| Promoter Holding Post Issue | [.] |
Competitive Strength:
- • Diversified portfolio including high-margin galvanized pipes and crash barriers.
Jindal Supreme India IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 211.38 | 586.40 | 11.16 | 84.22 | 43.93 | 85.64 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 194.25 | 645.44 | 10.65 | 73.06 | 32.78 | 88.12 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 152.40 | 506.12 | 6.42 | 62.41 | 22.13 | 68.45 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 13.98% |
| Debt/Equity | 1.28 |
| RoNW | 32.52% |
| PAT Margin | 4.01% |
| EBITDA Margin | 4.42% |
| Price to Book Value | [.] |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ₹6.02 | [.] |
| P/E (x) | [.] | [.] |
IPO Objectives
The Jindal Supreme India IPO aims to raise funds for several important purposes:
- • To meet the working capital requirements of the company.
- • To fund general corporate purposes.
- • To gain the benefits of listing on the stock exchanges, which enhances brand image and provides liquidity to shareholders.
Conclusion
This is a crucial event for the steel company based in the Indian state of Haryana that has over 50 years of experience in the steel production business. It will generate the needed capital for the development of the company through the Jindal Supreme India IPO.
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 09-12-2025 | - |
| 2 | SEBI/Exchange approval received | - | - |
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Read More IPO ReviewsFrequently Asked Questions (FAQs)
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The number of shares being offered in the Jindal Supreme India IPO?
The Initial Public Offering, named as Jindal Supreme India, comprises Equity shares up to 1.34 Crore in Fresh Issue and Equity shares up to 0.27 Crore in Offering for Sale.
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Is the Promoter of Jindal Supreme India Ltd.?
The promoter of the Indian company, Jindal Supreme India Ltd, is Abhishek.
-
Name the Lead Manager and Registrar of the Issue.
Lead Manager of the case of Jindal Supreme India refers to Sarthi Capital Advisors Private Ltd. and the Registrar refers to Bigshare Services Private Ltd.
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What was the total income of Jindal Supreme India for the year 2025?
The total revenues for Jindal Supreme India Ltd. for the year ending 31st March 2025 are ₹604.74 Crore.
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Where is the company named Jindal Supreme India Ltd.?
The hospital is located at 9th KM, OP Jindal Marg, Hisar Cantt, Hisar, Haryana.
