Closed, awaiting listingMainboardRed herring prospectus

Jindal Supreme (India) Limited

JSIPL16 Sept 2026 – 18 Sept 2026
Issue price
₹88 – ₹93
band — price not yet fixed
Times subscribed
181.07x
Updated as on 18-Sep-2026 19:00:00
Issue size
Listing
Notes

Jindal Supreme (India) Limited was a mainboard initial public offer.

The book was open from 16 September 2026 to 18 September 2026.

The price band was ₹88 to ₹93 a share, and the minimum lot is 161 shares — ₹14,973 at the top of the band.

As of the exchange's 18-Sep-2026 19:00:00 update the book was subscribed 181.1 times the shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 126.41 times, non-institutional investors 327.99 times and retail investors 149.34 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

63.24 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.

The offer
Price band
₹88 – ₹93
face value ₹10
Lot size
161 sh
₹14,973 a lot
Registrar
Bigshare Services Private Limited
Lead manager
  • Sarthi Capital Advisors Private Limited
What a bid costs
at ₹93, the upper end of the price band
CategoryLotsSharesAmount
Retail
Individuals bidding up to ₹2 lakh
1 – 13161 – 2,093₹14,973 – ₹1,94,649
Small NII
Non-institutional bids of ₹2 lakh to ₹10 lakh
14 – 662,254 – 10,626₹2,09,622 – ₹9,88,218
Big NII
Non-institutional bids above ₹10 lakh
67+10,787+₹10,03,191+

Bids move in whole lots of 161 shares. The category boundaries are SEBI’s, set by the value of the application — ₹2 lakh divides retail from non-institutional, and ₹10 lakh divides the two non-institutional pools. The lot counts above are those limits converted at ₹93, not a figure the exchange publishes.

What happens when
3-day book
  1. Bidding opens16 Sept 2026
  2. Bidding closes18 Sept 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listingnot published
How the bidding is going
as of 18-Sep-2026 19:00:00
181.07x
NSE + BSE combined
170.20 cr bid against 94.00 L offered
captured 19 Sept 2026, 7:00 pm IST

Investors have bid for 181.07 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)29% of the offer reserved126.41x
33,94,88,625 bid · 26,85,600 offered
Non-institutional (HNI)21% of the offer reserved327.99x
66,06,43,214 bid · 20,14,200 offered
Retail50% of the offer reserved149.34x
70,18,51,164 bid · 46,99,800 offered
NSE bids only — a different figure125.10x

Bids placed on NSE alone, excluding BSE. It is smaller than the 181.07x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 18 Sept 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹88
₹89
₹90
₹91
₹92
₹93

The columns are near-identical because they are: demand falls only 0.11% between ₹88 and ₹93, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)
63.24 cr

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹88 to ₹93
0.11%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Anchor investors

We have not extracted an anchor allotment list for this issue.

How the price was set
as printed in the red herring prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
The issuer's chosen peers
Earnings the price leans on

Weighted-average return on net worth over the same years: 30.75%.

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Sarthi Capital Advisors Limited
20212026
10
1 measurable
+311.4%
Registrar
FirmIssuesTypical listing move
Bigshare Services Private Limited
20212026
213
16 measurable
+19.0%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
6 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.