Jindal Supreme (India) Limited IPO
JSIPL · IPO · Open for bidding
Price band
Rs.88 to Rs.93
Issue size
₹87 Cr
Open
16-Sep-2026
Close
18-Sep-2026
Subscription
20.14×
GMP · unofficial
₹30 · ~32%
Traddx read: Subscribe
- Demand is broad and institution-led — a constructive setup.
- Strong institutional demand — QIB subscribed 12.5× (big investors are backing it).
- Retail is piling in (39.6×) — popular, but retail froth can fade after listing.
- Overall subscription 20.1×.
- Grey market is hot — dealers indicate ~32% listing premium (unofficial, can swing fast).
Jindal Supreme (India) Limited is open for bidding in the Indian space, with a price band of Rs.88 to Rs.93 and an issue size of ₹87 Cr. The grey market premium (unofficial, via ipowatch.in) is around ₹30 (~32% over the issue price), a rough and volatile hint of listing demand. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 12.50× |
| Non-institutional (NII) | 37.52× |
| Retail | 39.61× |
| Total | 31.42× |