Markets / IPO / Jindal Supreme (India)

Jindal Supreme (India) IPO

Updated 17:40

Mainboard IPO on NSE and BSE · Iron & Steel Products

Status

Listed

Price band

₹88–93

Lot size

161 shares · ₹14,973

Subscribed

181.07×

How it listed

Issue price

₹93

Listing price (open)

₹120.00 +29.03%

First-day close

₹126.00 +35.48%

Price now

₹159.04 +71.01%

Listing day	23 Sept 2026
Open / high / low / close	₹120.00 / ₹126.00 / ₹120.00 / ₹126.00
Shares traded on NSE	39,81,495

Closing prices since listing: 26 Oct ₹134.82, 27 Oct ₹141.56, 28 Oct ₹148.63, 29 Oct ₹156.06, 30 Oct ₹163.86, 2 Nov ₹160.73, 3 Nov ₹159.01, 4 Nov ₹165.37, 5 Nov ₹162.71, 6 Nov ₹159.00.

Jindal Supreme (India) share price, live chart and technicals →

Key dates

Bidding opens	16 Sept 2026
Bidding closes	18 Sept 2026
Allotment	21 Sept 2026
Refunds and shares in demat	22 Sept 2026
Listing	23 Sept 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	40,28,400	30.00%	–
Institutions (QIB)	26,85,600	20.00%	–
HNI / NII	20,14,200	15.00%	–
HNI, above ₹10 lakh	13,42,800	10.00%	124
HNI, ₹2–10 lakh	6,71,400	5.00%	297
Retail	46,99,800	35.00%	29,191

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	161	₹14,973
Retail (maximum)	13	2,093	₹1,94,649
Small HNI (minimum)	14	2,254	₹2,09,622
Small HNI (maximum)	66	10,626	₹9,88,218
Big HNI (minimum)	67	10,787	₹10,03,191

At ₹93 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 149

Retail allotments available

29,191 × one lot

Retail portion subscribed

149.34×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	26,85,600	33,94,88,625	126.41×
HNI / NII	20,14,200	66,06,43,214	327.99×
HNI, above ₹10 lakh	13,42,800	40,84,58,610	304.18×
HNI, ₹2–10 lakh	6,71,400	25,21,84,604	375.61×
Retail	46,99,800	70,18,51,164	149.34×
Total	93,99,600	1,70,19,83,003	181.07×

NSE and BSE bids together, as of 18 Sept 2026 19:00.

Demand at each price

Top price ₹93	10,728.73 lakh shares	62.8%
Cut-off final price, whatever it is; mostly retail	6,324.45 lakh shares	37.0%
Lower prices ₹88–92	19.50 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	15 Sept 2026
Anchor shares	40,28,400
Raised from anchors	₹37.46 cr
Lock-in ends for the first 50% (30 days)	20 Oct 2026
Lock-in ends for the remaining 50% (90 days)	19 Dec 2026 (in 43 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

Financial results appear here once the company files them with NSE, usually within a few weeks of listing. Until then, the red herring prospectus has the company's past financials.

Other recent IPOs: Iron & Steel Products

Company	Listed	Subscribed	On listing	Since IPO
Bombay Coated and Special Steels	5 Nov	60.77×	+10.98%	+9.84%
German Green Steel and Power	5 Oct	28.98×	+2.16%	-22.78%
A-One Steels India	1 Oct	11.61×	+12.35%	-2.35%
Behari Lal Engineering	19 Aug	108.44×	+63.16%	+59.14%
Rajputana Stainless	19 Mar	1.12×	0.00%	+36.76%
Shri Kanha Stainless SME	10 Dec	–	-2.22%	-77.78%
VMS TMT	24 Sept	102.27×	+5.96%	-56.66%
Sambhv Steel Tubes	2 Jul	28.46×	+34.15%	+99.26%

IPO details

Price band	₹88–93
Final issue price	₹93
Lot size	161 shares
Minimum investment	₹14,973 (1 lot)
Market	NSE mainboard
Issue type	Book Building
Face value	₹10 per Equity Share
Industry	Iron & Steel Products
Issue size	₹124.88 crore (about 1.34 crore shares) · Fresh issue + offer for sale: fresh ₹99.89 cr, offer for sale ₹24.99 cr
ISIN	INE1DLO01028
Registrar	Bigshare Services Private Limited Helpline: +91 22 6263 8200, ipo@bigshareonline.com
Lead managers	Sarthi Capital Advisors Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 21 Sept 2026. Check it on the registrar's page (Bigshare Services Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Jindal Supreme (India) IPO price band and lot size?

The price band is ₹88–93 per share, and one lot is 161 shares (₹14,973 at the upper price).

When is the Jindal Supreme (India) IPO allotment date?

Allotment was finalised on 21 Sept 2026, the next working day after bidding closed on 18 Sept 2026.

How many times was the Jindal Supreme (India) IPO subscribed?

In total 181.07 times, on NSE and BSE together; retail 149.34 times.

What is the Jindal Supreme (India) IPO listing date?

It listed on 23 Sept 2026 on NSE and BSE.

What is the chance of getting Jindal Supreme (India) IPO shares?

At least 1 in 149 retail applicants got the minimum lot: 29,191 retail allotments with the retail portion subscribed 149.34 times. Winners are picked by lottery.

When does the Jindal Supreme (India) anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 20 Oct 2026 and the 90-day lock-in on the rest ends on 19 Dec 2026; they can sell from the next trading day.

What was the Jindal Supreme (India) listing gain?

It opened at ₹120.00 against an issue price of ₹93, a gain of 29.03%. It is now up 71.01% from the issue price.