Explore Jindal Supreme (India) Ltd. IPO Day 1 subscription details, including investor participation, price band, lot size, IPO dates, and the process to apply through ASBA or UPI.
The Jindal Supreme (India) Ltd. IPO opened for subscription on September 16, 2026. The company’s public issue is a mainboard IPO and will remain open for bidding until September 18, 2026.
The IPO has a price band of ₹88 to ₹93 per share, with a market lot of 161 shares. The face value of each equity share is ₹10.
The Jindal Supreme (India) Ltd. IPO received bids across the Retail Individual Investors (RII), Non-Institutional Investors (NII), and Qualified Institutional Buyers (QIB) categories on its opening day. Retail Individual Investors recorded the highest subscription among the reported categories.
On the first day of bidding, based on the subscription data shown on September 16, 2026, the Jindal Supreme (India) Ltd. IPO recorded an overall subscription of 4.91×. Retail Individual Investors recorded the highest subscription at 7.73×, followed by Non-Institutional Investors at 3.50×.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.01× |
Retail Individual Investors (RII) |
7.73× |
Non-Institutional Investors (NII) |
3.50× |
Total |
4.91× |
The Retail Individual Investors portion was subscribed 7.73×, while the Non-Institutional Investors category recorded a subscription of 3.50×. Qualified Institutional Buyers recorded a subscription of 1.01×. Overall, the issue stood at 4.91× subscription on Day 1.
Subscription figures are based on bids received during the IPO bidding period and may be subject to subsequent updates or reconciliation. The IPO remains open for subscription until September 18, 2026.
The price band for the Jindal Supreme (India) Ltd. IPO is set between ₹88 and ₹93 per share. The market lot consists of 161 shares, while the face value is ₹10 per share.
At the upper end of the price band, an application for one lot requires an investment of ₹14,973.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Minimum) |
1 |
161 |
₹14,973 |
Retail (Maximum) |
13 |
2,093 |
₹1,94,649 |
S-HNI (Min) |
14 |
2,254 |
₹2,09,622 |
B-HNI (Min) |
67 |
10,787 |
₹10,03,191 |
The minimum application value at the upper end of the price band can be calculated as follows:
Minimum application amount = 161 shares × ₹93 = ₹14,973
Since the IPO follows the book-building route, investors can place bids within the ₹88–₹93 price band, subject to applicable bidding and investor-category requirements.
For detailed insights about the company, issue particulars, and the latest updates, visit the Jindal Supreme (India) Ltd. IPO page on %BrandNameBrandName%.
The timeline below highlights the milestones from the opening of the issue through its proposed listing:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
September 16, 2026 |
Issue opens for subscription |
IPO Close Date |
September 18, 2026 |
Final day to submit bids |
Basis of Allotment |
September 21, 2026 |
Finalisation of share allotment |
Refunds Initiation |
September 22, 2026 |
Refund or fund-unblocking process begins |
Credit of Shares to Demat |
September 22, 2026 |
Shares credited to successful applicants |
Listing Date |
September 23, 2026 |
Shares proposed to list on the stock exchanges |
Note: These dates represent procedural milestones based on the available IPO information and are intended for informational purposes only.
Investors can apply for the Jindal Supreme (India) Ltd. IPO using either the ASBA facility through their bank or via UPI on supported broker platforms.
This method allows the IPO application amount to remain blocked in the investor’s bank account until the allotment process is completed.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Jindal Supreme (India) Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price within the announced price band.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the applicable amount will be debited and the shares will be credited to your Demat account.
You can also apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Jindal Supreme (India) Ltd. IPO’.
Enter your application details, including the number of lots and bid price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your supported UPI application.
The applicable funds will remain blocked until the allotment process is completed.
Once allotted, the shares will be credited directly to your Demat account.
The information provided above is based on publicly available data from reliable financial and market sources. Investors are advised to verify figures before making investment decisions. Market conditions, subscription numbers, and IPO timelines are subject to change during the issue period.
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner