Jindal Supreme IPO Subscription
ListedUpdated 23 September 2026, 9:15 AM IST· Mainboard
Jindal Supreme IPO subscription closed on 18 September 2026 at 181.07x overall by shares. QIB demand came in at 126.41x, NII at 327.99x, and retail at 149.34x. See Retail, SHNI, and BHNI allotment chances in the table…
Jindal Supreme IPO subscription closed on 18 September 2026 at 181.07x overall by shares. QIB demand came in at 126.41x, NII at 327.99x, and retail at 149.34x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 21 September 2026. Listing date on NSE and BSE is 23 September 2026.
Jindal Supreme IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 16 Sept 2026 | 1.02x | 6.75x | 11.64x | 7.56x |
| Day 2 - 17 Sept 2026 | 12.50x | 37.63x | 39.80x | 31.54x |
| Day 3 - 18 Sept 2026 | 126.41x | 326.84x | 141.75x | 177.03x |
Jindal Supreme IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Jindal Supreme IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 125.70x | 1 in 126 |
| SHNI (Rs 2L to Rs 10L) | 357.22x | 1 in 357 |
| BHNI (above Rs 10L) | 61.92x | 1 in 62 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Jindal Supreme IPO Allotment Status page from 21 September 2026 for your result.
Jindal Supreme IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 93.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 24.98 Cr | Rs 3,157.24 Cr | 126.41x |
| FII | - | Rs 392.70 Cr | - |
| DFI | - | Rs 1,080.08 Cr | - |
| Mutual Funds | - | Rs 37.53 Cr | - |
| Other | - | Rs 1,646.94 Cr | - |
| NII | Rs 18.73 Cr | Rs 6,143.98 Cr | 327.99x |
| bNII (above Rs 10L) | Rs 12.49 Cr | Rs 3,798.67 Cr | 304.18x |
| Corporate | - | Rs 60.28 Cr | - |
| Individual | - | Rs 3,630.22 Cr | - |
| Other | - | Rs 108.16 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 6.24 Cr | Rs 2,345.32 Cr | 375.61x |
| Corporate | - | Rs 9.36 Cr | - |
| Individual | - | Rs 2,283.94 Cr | - |
| Other | - | Rs 52.02 Cr | - |
| Retail | Rs 43.71 Cr | Rs 6,527.22 Cr | 149.34x |
| Cut-off price | - | Rs 5,877.71 Cr | - |
| Fixed price | - | Rs 649.50 Cr | - |
| Total | Rs 87.42 Cr | Rs 15,828.44 Cr | 181.07x |
Jindal Supreme IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 26,85,600 | 513 | 0.00x |
| FII | - | 47 | - |
| DFI | - | 30 | - |
| Mutual Funds | - | 3 | - |
| Other | - | 433 | - |
| NII | 894 | 1,43,355 | 160.35x |
| bNII (above Rs 10L) | 596 | 36,902 | 61.92x |
| Corporate | - | 417 | - |
| Individual | - | 35,454 | - |
| Other | - | 1,031 | - |
| sNII (Rs 2L to Rs 10L) | 298 | 1,06,453 | 357.22x |
| Corporate | - | 386 | - |
| Individual | - | 1,03,653 | - |
| Other | - | 2,414 | - |
| Retail | 29,191 | 36,69,407 | 125.70x |
| Cut-off price | - | 32,85,373 | - |
| Fixed price | - | 3,84,034 | - |
| Total | 27,15,685 | 38,13,275 | 1.40x |
What Do These Subscription Numbers Mean?
181.07x overall by shares means bids covered about 181 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 126.41x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (160.35x by applications). Split: SHNI 357.22x, BHNI 61.92x by applications. SHNI and BHNI allotment is by lottery.
At 125.70x subscription by applications, about 1 in 126 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Jindal Supreme IPO GMP After Subscription
GMP for Jindal Supreme IPO stands at Rs 29.00 today, giving an estimated listing price of Rs 122.00 per share.
The GMP has moved up from Rs 11.00 on 9 Sept 2026 to Rs 29.00 on 23 Sept 2026.
A subscription of 181.07x combined with a GMP of 31.18% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Jindal Supreme IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Jindal Supreme IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 16 September 2026 |
| IPO Close Date | 18 September 2026 |
| Allotment Date | 21 September 2026 |
| Refund Initiation | 22 September 2026 |
| Share Credit to Demat | 22 September 2026 |
| Listing Date | 23 September 2026 |
| Minimum Investment | Rs 14,973.00 |
| Lot Size | 161 shares |
About Jindal Supreme IPO
Originally incorporated in 1974 as Janak Steel Tubes, Jindal Supreme (India) Limited is an established Indian manufacturer and supplier of mild steel (MS) black pipes and tubes, galvanized pipes and tubes, metal beam crash barriers, and galvanized iron (GI) tubular poles. The company operates an integrated manufacturing facility in Hisar, Haryana, with an aggregate installed production capacity of 171,000 MTPA as of Fiscal 2026. Jindal Supreme caters to diverse industrial and infrastructure sectors—including water supply and plumbing, roads and highways, oil and gas, agriculture, and rural electrification—through an extensive distribution network of 53 dealers across Northern India.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Jindal Supreme IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Jindal Supreme IPO Details
Issue size, price, financials, and company info
Jindal Supreme IPO GMP
Live grey market premium and listing estimate
Jindal Supreme IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Jindal Supreme IPO Allotment
Allotment date, chances, and check by PAN
Jindal Supreme IPO Review
SWOT, strengths, risks, and IPO review
Jindal Supreme IPO FAQ
Common questions on dates, GMP, and allotment
Jindal Supreme IPO Registrar
Registrar website and how to check allotment
Jindal Supreme IPO Timeline
Open, close, allotment, and listing dates
Jindal Supreme IPO News
Updates, blogs, and latest IPO news
Jindal Supreme IPO Subscription FAQs
What is Jindal Supreme IPO subscription status today?
Jindal Supreme IPO subscription closed on 18 September 2026 with overall subscription of 181.07x (by shares) as of 12 October 2026, 5:32 AM IST. QIB 126.41x, NII 160.35x, Retail 125.70x.
What is the overall subscription of Jindal Supreme IPO?
Jindal Supreme IPO is subscribed 181.07x overall by shares at close on 18 September 2026. QIB 126.41x, NII 160.35x, and Retail 125.70x.
What is Jindal Supreme IPO QIB subscription?
Jindal Supreme IPO QIB (Qualified Institutional Buyers) subscription is 126.41x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Jindal Supreme IPO Retail subscription?
Jindal Supreme IPO Retail subscription is 125.70x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Jindal Supreme IPO NII, SHNI, and BHNI subscription?
Jindal Supreme IPO NII subscription is 160.35x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 357.22x and BHNI (above Rs 10L) at 61.92x.
What are Jindal Supreme IPO retail allotment chances?
At 125.70x subscription by applications, about 1 in 126 retail applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 149.34x. Allotment chances use applications, not share volume.
What are Jindal Supreme IPO SHNI allotment chances?
At 357.22x subscription by applications, about 1 in 357 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 375.61x. Allotment chances use applications, not share volume.
What are Jindal Supreme IPO BHNI allotment chances?
At 61.92x subscription by applications, about 1 in 62 BHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 304.18x. Allotment chances use applications, not share volume.
When is Jindal Supreme IPO allotment date?
Jindal Supreme IPO allotment date is 21 September 2026. Check Jindal Supreme IPO Allotment Status on IPOwiz from that day using your PAN.
When does Jindal Supreme IPO subscription close?
Jindal Supreme IPO subscription closed on 18 September 2026. No new applications are accepted after the close.
What is Jindal Supreme IPO GMP today?
Jindal Supreme IPO GMP is ₹29 today (+31.18% over issue price ₹93). See live GMP on the Jindal Supreme IPO GMP Today page.
What is Jindal Supreme IPO issue price and lot size?
Jindal Supreme IPO issue price is ₹93 per share. Lot size is 161 shares. Minimum investment is ₹14,973 per lot. Issue size: ₹124.88 Cr.
When is Jindal Supreme IPO listing date?
Jindal Supreme IPO listing date is 23 September 2026 on NSE and BSE. Allotment is on 21 September 2026.
How does subscription affect Jindal Supreme IPO allotment?
In Jindal Supreme IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 181.07x overall, competition is very high.
For allotment results from 21 September 2026, visit the Jindal Supreme IPO Allotment Status page. For listing day updates on 23 September 2026, download the IPOwiz App.
Sources
We match Jindal Supreme IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.