Jindal Supreme IPO Subscription Status Day 1: Issue Subscribed 7.56 Times

Authored By HDFC SKY | Published at: Sep 16, 2026 06:23 PM IST

Jindal Supreme IPO Day 1 subscription reached 7.56x overall, with Retail at 11.64x, NII at 6.75x and QIB at 1.02x as of September 16, 2026.

Open Free Demat Account

Mumbai, September 16: The Jindal Supreme IPO opened for subscription on Wednesday, September 16, 2026, and saw substantial bidding during the first day. The ₹124.88 crore issue consists of a fresh issue of 1.07 crore shares worth ₹99.89 crore and an offer for sale of 26.87 lakh shares aggregating to ₹24.99 crore.

The IPO will remain open for subscription until September 18, 2026. The price band has been set at ₹88 to ₹93 per share, while the lot size is 161 shares. At the upper end of the price band, retail investors need a minimum investment of ₹14,973.

Jindal Supreme IPO Day 1 Subscription Status

The Jindal Supreme IPO was subscribed 7.56 times overall by 5:08:02 PM on September 16, 2026, based on the number of shares bid for against the shares available in the public portion.

Retail investors led the bidding on the opening day, with their portion subscribed 11.64 times. The NII category followed with a subscription of 6.75 times, while the QIB portion, excluding the anchor allocation, was subscribed 1.02 times.

Investor Category	Subscription
QIB	1.02x
NII/HNI	6.75x
Retail	11.64x
Total	7.56x

Category-wise Jindal Supreme IPO Subscription Status

The NII segment recorded strong participation on Day 1. Applications above ₹10 lakh were subscribed 4.06 times, while the small NII category for applications below ₹10 lakh recorded a subscription of 12.12 times.

Category	Day 1 Subscription
QIB, excluding anchor	1.02x
NII	6.75x
bNII, above ₹10 lakh	4.06x
sNII, below ₹10 lakh	12.12x
Retail	11.64x
Total	7.56x

Jindal Supreme Day-Wise Subscription Summary

The IPO closed its first day with an overall subscription of 7.56 times. Retail bidding stood at 11.64 times, followed by NII at 6.75 times. The QIB portion, excluding the anchor allocation, was subscribed 1.02 times.

IPO Day	QIB	NII	Retail	Total
Day 1, September 16	1.02x	6.75x	11.64x	7.56x

Jindal Supreme IPO Timeline

IPO Event	Date
Issue Open Date	September 16 2026
Issue Close Date	September 18 2026
Basis of Allotment Date	September 21 2026
Initiation of Refunds	September 22 2026
Credit of Shares	September 22 2026
Listing Date	September 23 2026

Brief Overview Of The IPO

Jindal Supreme IPO is a ₹124.88 crore issue comprising a fresh issue of 1.07 crore shares aggregating to ₹99.89 crore and an offer for sale of 26.87 lakh shares worth ₹24.99 crore.

The IPO has a price band of ₹88 to ₹93 per share and a lot size of 161 shares. Retail investors can apply for one lot, requiring ₹14,973 at the upper end of the price band.

The issue is scheduled to close on September 18, 2026. The shares are proposed to be listed on BSE and NSE on September 23, 2026. Sarthi Capital Advisors Pvt. Ltd. is the book running lead manager for the issue, while Bigshare Services Pvt. Ltd. is the registrar.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=JSIPL&series=EQ&type=Active

Disclaimer

At HDFC SKY*, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
HDFC SKY from HDFC Securities, one of most trusted trading platforms in India, has been recognized with the *Next-Gen Digi Content Awards 2025-26.

IPO