Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Jindal Supreme (India) Ltd. has refiled a Draft Red Herring Prospectus (DRHP) with SEBI on April 13, 2026 to raise funds through Initial Public Offer (IPO).
The initial submission on December 9, 2025 was withdrawn by company , prompting the company to refile the documents.
Jindal Supreme (India) Ltd. IPO is a Book Build Issue of 1.34 crore equity shares consisting of a fresh issue of upto 1.07 crore equity shares and an offer for sale (OFS) of upto 0.27 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Jindal Supreme IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,34,28,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 1,07,41,149 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 26,86,851 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 4,02,82,620 shares |
| Share Holding Post Issue | 5,10,23,769 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Dec 9, 2025 |
| Offer document withdrawn | Mon, Mar 23, 2026 |
| Filed with SEBI/Exchange | Mon, Apr 13, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in 1974, Jindal Supreme (India) Ltd is engaged in the manufacturing and supply of a wide range of steel pipes, tubes and related products used across infrastructure and industrial applications.
The company’s product portfolio includes MS black pipes, tubes, galvanized pipes, metal beam crash barriers and GI tubular poles. These products cater to sectors such as water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil and gas, chemicals, agriculture, and rural electrification.
The company reported a dealer network of 53, 49, 34 and 30 dealers for the period ended Dec 2025, Fiscal 2025, Fiscal 2024 and Fiscal 2023 respectively. Revenue is generated from the sale of MS steel black pipes, galvanized pipes, metal beam crash barriers, GI poles and other operating income.
Its manufacturing facility is located at Hisar – 125006, Haryana, and is equipped with raw material handling and preparation equipment including an uncoiler, shear and end cutting machine, and coil accumulator.
As on June 30, 2025, the company employed 231 personnel.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 215.35 | 200.33 | 181.16 | 134.62 |
| Total Income | 490.10 | 604.74 | 650.88 | 506.57 |
| Profit After Tax | 16.30 | 24.27 | 12.87 | 0.63 |
| EBITDA | 30.30 | 25.92 | 21.11 | 8.75 |
| NET Worth | 90.54 | 74.64 | 50.31 | 41.70 |
| Reserves and Surplus | 78.48 | 72.17 | 47.90 | 38.98 |
| Total Borrowing | 92.17 | 95.84 | 104.92 | 73.01 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings | 77.00 |
| 2 | General Corporate Purposes | |
| Total | 77.00 |
| KPI | Dec 31, 2005 | Mar 31, 2025 |
|---|---|---|
| ROE | 18.00% | 32.52% |
| ROCE | 14.31% | 22.37% |
| Debt/Equity | 1.02 | 1.28 |
| RoNW | 19.74% | 38.85% |
| PAT Margin | 3.33% | 4.01% |
| EBITDA Margin | 6.19% | 4.42% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.02 | 4.94 |
| Promoter Holding | 100% | 73.68% |
Lead Manager Reports
Jindal Supreme IPO is a main-board IPO of 1,34,28,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Jindal Supreme IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Jindal Supreme IPO using UPI as a payment gateway. Zerodha customers can apply in Jindal Supreme IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jindal Supreme IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jindal Supreme IPO dates are not announced. Please check back again after some time.
Jindal Supreme IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Jindal Supreme IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Jindal Supreme IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Jindal Supreme IPO allotment status.
The Jindal Supreme IPO listing date is not yet announced. The tentative date of listing is .
