Jindal Supreme India Limited

Jindal Supreme India Limited IPO: GMP today, Price, Review, Detail

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Jindal Supreme India Limited is a Haryana-based steel pipes, tubes and infrastructure products manufacturer serving infrastructure, construction, water supply, rural electrification and industrial sectors.
It manufactures and supplies steel pipes & tubes (MS black & GI), hollow sections, crash barriers, and tubular poles for infrastructure and industrial uses.
Its products serve water supply, roads & highways, construction, rural electrification and industrial sectors with Indian Standards – compliant quality.

Jindal Supreme caters to B2B infrastructure and industrial demand. The company sells primarily through a network of ~51 active dealers nationwide to institutional and project clients.

Jindal Supreme (India) Limited has filed DRHP with SEBI for a proposed IPO with an issue size of ~1.34 Cr Equity Shares consisting as Fresh Issue of ~1.07 Cr Equity Shares and Offer for Sale (OFS) ~0.27 Cr Equity Shares.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:~1.34 Cr Equity Shares
Fresh Issue:~1.07 Cr Equity Shares
Offer for Sale:~0.27 Cr Equity Shares
Price Range:TBA
Lot Size:TBA
GMPPending

Jindal Supreme India Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 74.6 Cr
Revenue:₹ 586.4 Cr
EBITDA₹ 25.9 Cr
PAT₹ 24.3 Cr
EBITDA Margin:~4.42%
PAT Margin~4.01%
Face Value:Rs. 10 per Equity Share

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Borrowing repayment/prepayment~ ₹ 79 Cr
Setting new Assembly unit~ ₹ 00 Cr
Working capital requirements~ ₹ 00 Cr
General Corporate PurposeBalance

Jindal Supreme India Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 506.1₹ 645.4₹ 586.4
PAT (₹ Cr)₹ 0.6₹ 12.9₹ 24.3
Asset (₹ Cr)₹ 134.6₹ 181.2₹ 200.3
Net Worth (₹ Cr)₹ 41.7₹ 50.3₹ 74.6

Jindal Supreme India IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
12-Feb₹ –₹ –₹ –
11-Feb₹ –₹ –₹ –
10-Feb₹ –₹ –₹ –
09-Feb₹ –₹ –₹ –
08-Feb₹ –₹ –₹ –
Jindal Supreme India Limited

Jindal Supreme India Limited IPO Pros & Cons

Strengths:

  • Established steel pipes and infrastructure products manufacturer with decades of operating history.
  • Strong demand outlook driven by government spending on water, roads and infrastructure projects.
  • Diversified product portfolio including GI/MS pipes, crash barriers and tubular poles.
  • Pan-India dealer and institutional customer network supporting steady B2B sales.
  • IPO proceeds aimed at strengthening balance sheet and supporting future growth.

Risks:

  • Highly cyclical steel industry exposed to raw material price volatility.
  • Dependence on infrastructure and government projects may impact order flow timing.
  • Limited presence in high-margin value-added steel segments.
  • Competitive market with several organized and regional steel pipe manufacturers.
  • IPO pricing and near-term listing gains uncertain until price band is announced.

Jindal Supreme India Limited Promoters – Pre offer equity (Approx)

Abhishek Jindal~66.54%

Jindal Supreme India Limited Lot Size details

Application TypeLot SizeNo. of LotsNo. of SharesInvestment Amount
Retail(Min)–1–₹ –
Retail (Max)–13–₹ –
Small HNI (Min)–14–₹ –
Small HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Jindal Supreme India Limited 

Lead / Book Running Lead ManagersSarthi Capital Advisors Private Limited
Registrar (RTA)Bigshare Services Private Limited

Founding Year of Jindal Supreme India Limited & Managing Director

Jindal Supreme India Limited was incorporated in the year 1974.

Mr. Shri Abhishek Jindal leads the company as part of the founding family’s leadership.

Jindal Supreme India Limited FAQ

  • It is a manufacturer of steel pipes, tubes and infrastructure produts serving water supply, construction, highways, oil & gas and rural electrification sectors.
  • Jindal Supreme is raising funds via IPO to repay or pre-pay borrowings and support general corporate and growth needs.
  • The IPO issue size is up to ~1.34 crore equity shares including both Fresh Issue and OFS. It will be listed on BSE & NSE platform.
  • Key risks to invest in the IPO include steel market cyclicality, raw material price volatility and infrastructure demand shifts affecting sales and margins.
  • Potential upsides to invest in the IPO include infrastructure sector exposure, diversified product portfolio and strengthened balance sheet post-debt reduction.
  • You can apply for the IPO via ASBA through bank net banking, UPI on trading apps, or through your broker when the IPO opens for subscription.
  • Expected listing date is yet to be announced.

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