Jindal Supreme (India) Ltd

·

₹93.00 Issue Price

2026-09-16 – 2026-09-18

www.jindalsupreme.com Bookbuilding IPO · NSE & BSE

Open Date

2026-09-16

Close Date

2026-09-18

Listing Date

2026-09-23

Allotment Date

2026-09-21

Current Price

₹93.00

High / Low

₹— / ₹—

ROCE

6.14 %

ROE

8.20 %

Face Value

₹10

About

Incorporated in March 1974 , Jindal Supreme (India) Limited has been engaged in the manufacturing and supply of steel pipes, tubes and other steel products catering to infrastructure and industrial applications for …

Incorporated in March 1974 , Jindal Supreme (India) Limited has been engaged in the manufacturing and supply of steel pipes, tubes and other steel products catering to infrastructure and industrial applications for over five decades. Its product portfolio includes Mild Steel (MS) black pipes and tubes, galvanized pipes, metal beam crash barriers and Galvanized Iron (GI) tubular poles. These products are manufactured in various dimensions as per applicable Indian Standards and are used across water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil and gas, chemicals, agriculture and rural electrification, among other applications.The Company has progressively diversified its product portfolio to address emerging infrastructure opportunities. In Fiscal 2025, it commenced manufacturing W-beam and Thrie-beam metal crash barriers, primarily used for road safety and highway infrastructure projects. In Fiscal 2026, it further expanded into GI tubular poles, which are used for street lighting, electrification projects and other public utility infrastructure. The Company primarily follows a B2B business model, with direct sales to institutional and industrial customers, including infrastructure contractors, while also serving customers through its dealer network.The Company's manufacturing facility is located in Hisar, Haryana, and is equipped with mills, welding plants, galvanizing plants and other machinery, supported by an in-house maintenance workshop and testing equipment. The Company has developed a network of dealers, primarily across the northern states of India, and focuses on expanding its dealer base and increasing volumes from existing dealers.As of June 30, 2026, the Company had 53 dealers and an employee base of 242 employees.Competitive StrengthsStrong dealer and customer relationships.Strategic location of manufacturing facility.Track record of healthy financial performance.Experienced promoter and professional management team.Diversified product portfolio with customisation capabilities.Established presence in steel pipes and tubes manufacturing.

📍 9th KM O P Jindal Marg Hisar Cantt Hisar, Haryana, 125006

📞 016 6223 6500

✉️ janaksteel@gmail.com

Analysis

Pros

ROE of 8.20% indicates good return on equity.
ROCE of 6.14% shows efficient capital usage.
PAT margin of 4.33%.

Cons

Detailed analysis available after listing.

Pros and cons are machine generated. Please exercise caution and do your own analysis.

Subscription Status

Consolidated figures

4.78× overall

Metric	QIB	NII (HNI)	Retail	Total
Subscription	1.01×	3.39×	7.52×	4.78×
Shares	26,85,600	20,14,200	46,99,800	93,99,600
Bids	27,14,621	68,37,509	3,53,34,187	4,48,86,317

▼ Category-wise Detailed Breakdown

Category	Subscription	Offered	Bid Shares	Amt (₹ Cr)
QIB	1.01×	26,85,600	27,14,621	₹25.25
NII (HNI)	3.39×	20,14,200	68,37,509	₹63.59
Retail	7.52×	46,99,800	3,53,34,187	₹328.61
Market Maker	1.00×	—	—	—
Total	4.78×	93,99,600	4,48,86,317	₹417.44 Cr

Applications: - Total Bid Amount: ₹417.44 Cr

Profit & Loss

Figures in ₹ Crores / Amount in ₹ Crore

Metric	30 Jun 2026	31 Mar 2026	31 Mar 2025
Revenue	191.09	675.94	604.74
EBITDA	13.76	41.63	25.92
Profit After Tax	8.28	22.53	24.27
Net Worth	105.02	96.82	74.64
Total Assets	232.65	248.41	200.33
Reserves	64.56	56.28	72.17
Borrowings	92.46	119.87	95.84

Sales Growth
3 Years:	216.5%
Latest:	604.74 Cr

Profit Growth
3 Years:	193.1%
Latest PAT:	24.27 Cr

Return on Equity
ROE:	8.20%
ROCE:	6.14%

Key Financial Ratios

Profitability

ROE 8.20%

ROCE 6.14%

RONW 8.20%

PAT Margin 4.33%

EBITDA Margin 7.20%

Valuation

Pre EPS 5.59

Post EPS 6.49

Pre P/E 16.64×

Post P/E 14.33×

P/BV 3.57×

Leverage & Growth

Debt / Equity 0.88×

Sales Growth (3yr) +216.5%

Profit Growth (3yr) +193.1%

Latest Revenue 604.74 Cr

Latest PAT 24.27 Cr

Objects of the Issue

1 Repayment/pre-payment, in full or in part, of certain outstanding borrowings ₹71.00 Cr

2 General Corporate Purposes

IPO Schedule & Important Dates

IPO Open

2026-09-16

Today ←

IPO Close

2026-09-18

Upcoming

Allotment

2026-09-21

Upcoming

Refund

2026-09-22

Upcoming

Demat Credit

2026-09-22

Upcoming

Listing

2026-09-23

Upcoming

Lot Size & Investment Details

RETAIL MIN

₹14,973

1 lot · 161 shares

RETAIL MAX

₹14,973

1 lots · 161 shares

HNI MIN

₹1,003,191

67 lots

Category	Lots	Shares	Amount (₹)
Retail (Min)	161	161	₹14,973
Retail (Max)	1	161	₹14,973
HNI (Min)	67	10787	₹1,003,191

Pre-Issue Holding: 4,02,82,620 shares Post-Issue Holding: 5,10,23,769 shares

Lead Managers & Market Makers

Book Running Lead Managers

Sarthi Capital Advisors Pvt.Ltd

Allotment Status

Allotment Date: 2026-09-21

Registrar: Bigshare Services Pvt.Ltd

Check Allotment

8657578989/8069219065/8069219060

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html