Updated · GMP, subscription and listing data refresh through the day.
Detailed financials for this issue aren’t available yet.
| Application | Shares | Amount at ₹93 |
|---|---|---|
| Retail (min)1 lot | 161 | ₹14,973 |
| Retail (max)13 lots | 2,093 | ₹1,94,649 |
| sHNI (min)14 lots | 2,254 | ₹2,09,622 |
| bHNI (min)67 lots | 10,787 | ₹10,03,191 |
One lot is 161 shares, so a single application at the ₹93 cut-off costs ₹14,973. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Jindal Supreme (India) Limited is engaged in the manufacturing and supply of steel pipes and tubes. Its product portfolio includes Mild Steel (MS) black pipes, tubes, galvanized pipes, metal beam crash barriers, and galvanized iron (GI) tubular poles. These products find application in various industry segments like Water Supply and Plumbing, Infrastructure & Construction, Road & Highways, Bridges, Oil & Gas, Chemicals, Agriculture, and rural electrification.
Strengths and risk factors from this issue’s prospectus aren’t available yet.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Jindal Supreme (India) Limited, the registrar is Bigshare Services Private Limited — allotment is finalised in the days between the issue closing on 18 Sept 2026 and listing on 23 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.
No current grey market premium reading is being quoted for the Jindal Supreme (India) Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.
No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.
Readings are collected about once an hour from third-party grey-market reporters while the issue is open, and each reading is timestamped. The history table shows one row per day, with the number of readings behind it.
As of 19 Sept, 3:37 am the Jindal Supreme (India) Limited IPO is subscribed 181.07× overall: QIB 126.41×, non-institutional 327.99× and retail 149.34×. Figures are the exchange's consolidated demand across NSE and BSE.
The retail portion is subscribed 149.34× as of 19 Sept, 3:37 am. Retail applications are those up to ₹2,00,000 at the cut-off price.
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
Overall subscription at the end of each bidding day — day 1 (16 September 2026): 7.53×, day 2 (17 September 2026): 31.5×, day 3 (18 September 2026): 181.07×, day 4 (19 September 2026): 181.07× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
Allotment for the Jindal Supreme (India) Limited IPO is expected to be finalised on 21 September 2026, the trading day after the issue closes on 18 September 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 22 September 2026 and the shares list on 23 September 2026. Dates are tentative until the registrar and exchange confirm them.
Allotment is decided and published by the registrar, Bigshare Services Private Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.
The registrar to the Jindal Supreme (India) Limited IPO is Bigshare Services Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
Bidding for the Jindal Supreme (India) Limited IPO opens on 16 September 2026 and closes on 18 September 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.
The shares are scheduled to list on 23 September 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.
Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 16 September 2026 and 18 September 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹93); a UPI mandate must be approved by 5:00 pm on the closing day.
18 September 2026 is the last day of bidding. Allotment is then expected on 21 September 2026, refunds and demat credit on 22 September 2026, and listing on 23 September 2026 — tentative until confirmed.
The Jindal Supreme (India) Limited IPO price band is ₹93 to ₹93 per share. Applications are made at the cut-off price, which is the upper end of the band.
One lot is 161 shares, so a single application at the ₹93 cut-off costs ₹14,973. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.
₹14,973 — one lot of 161 shares at ₹93. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Jindal Supreme (India) Limited is a mainboard issue listing on NSE. The lead manager is Sarthi Capital Advisors Private Limited.
The issue size is ₹124.88 crore, of which ₹99.89 crore is a fresh issue and ₹24.99 crore an offer for sale by existing shareholders.
The offer document for the Jindal Supreme (India) Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
Jindal Supreme (India) Limited filed its draft red herring prospectus on 13 April 2026; the exchange lists its status as "Approved". Issue dates and the price band are fixed later in the red herring prospectus, and this page is updated the day they are.
The Jindal Supreme (India) Limited shares are scheduled to list on 23 September 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.
Jindal Supreme (India) Limited listed at ₹120, a gain of 29.0% on the ₹93 issue price.
On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.
Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹30 on a ₹93 upper band means the grey market is dealing at ₹123.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.