The allotment status for the ₹124.88 crore Jindal Supreme (India) IPO is anticipated to be announced today, September 21, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, Bigshare Services Private Limited.
Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 23, 2026.
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[September 18, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
126.41x |
|
Non-Institutional Investors (NIIs) |
327.99x |
|
Retail Individual Investors (RIIs) |
149.34x |
|
Total |
181.07x |
The company intends to utilise the net proceeds from the fresh issue towards:
Founded in 1974, Jindal Supreme (India) Limited manufactures and supplies steel pipes, tubes, and other infrastructure products for industrial and construction use. Its product range includes MS black pipes and tubes, galvanized pipes, metal beam crash barriers, and GI tubular poles, which are manufactured in accordance with Indian Standards and cater to sectors such as water supply, construction, roads and highways, bridges, oil and gas, chemicals, agriculture, and rural electrification.
The company diversified its portfolio by entering the metal beam crash barrier segment in FY2025 and the GI tubular pole segment in FY2026, expanding its presence in the infrastructure sector. It primarily generates revenue through direct sales to institutional customers, infrastructure contractors, industrial clients, and an established network of steel product dealers.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
653.87 |
586.39 |
645.44 |
|
EBITDA |
41.63 |
25.92 |
21.11 |
|
Profit After Tax (PAT) |
22.53 |
24.27 |
12.87 |
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