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Jindal Supreme IPO Listing: GMP, ₹120 Debut on NSE

Jindal Supreme IPO Listing: GMP, ₹120 Debut on NSE

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Aakash Dwivedi

September 23, 2026 - 1:00 PM

Photo of author

Aakash Dwivedi

September 23, 2026 - 1:00 PM

Jindal Supreme IPO Listing at ₹120 on NSE and BSE

Jindal Supreme IPO Listing: Jindal Supreme (India) Ltd. shares started trading on the stock exchanges on September 23, 2026. The company’s shares were listed at ₹120 per share on both the NSE and BSE, compared with the IPO issue price of ₹93 per share. This means the shares debuted at a premium of 29.03% over the issue price.

Before the listing, the Grey Market Premium (GMP) for the Jindal Supreme IPO was quoted at ₹29. Based on the upper price band of ₹93 and the GMP of ₹29, the estimated listing price was around ₹122 per share. The actual listing price of ₹120 was ₹2 lower than the GMP-based estimate. GMP is an unofficial indicator and does not guarantee the actual listing price of a stock.

Jindal Supreme IPO GMP and NSE BSE listing

Jindal Supreme IPO Listing Price: NSE and BSE

Jindal Supreme shares opened at ₹120 per share on both the NSE and BSE on Wednesday, September 23, 2026. Compared with the IPO issue price of ₹93 per share, the listing represented a premium of 29.03%.

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DetailsInformation
IPO Issue Price₹93 per share
NSE Listing Price₹120 per share
BSE Listing Price₹120 per share
Listing PremiumApproximately 29.03%
Listing DateSeptember 23, 2026
Listing ExchangesNSE and BSE

Jindal Supreme IPO GMP and Listing Price

The Grey Market Premium for the Jindal Supreme IPO was quoted at ₹29 on the morning of September 23. Taking the upper end of the IPO price band at ₹93, the GMP indicated an estimated listing price of around ₹122 per share.

The estimated listing price of ₹122 implied a premium of approximately 31.18% over the IPO issue price. However, the actual listing price was ₹120 per share, which was ₹2 lower than the GMP-based estimate.

The difference between the estimated and actual listing prices shows why GMP should not be treated as a guaranteed listing indicator. Grey Market Premium is unofficial and may differ from the actual price at which shares begin trading on the stock exchanges.

Jindal Supreme IPO Subscription Status

The Jindal Supreme IPO received strong demand from investors during its subscription period. The issue was subscribed 181.07 times in total by the close of bidding on September 18, 2026, according to NSE data.

Investor CategorySubscribed (in Times)
Qualified Institutional Buyers (QIB)126.41 times
Non-Institutional Investors (NII)327.99 times
Retail Investors149.34 times
Total181.07 times

The Jindal Supreme IPO was open for subscription from September 16 to September 18, 2026. The share allotment was completed on September 21, followed by the listing of Jindal Supreme shares on the NSE and BSE on September 23.

Jindal Supreme IPO Price Band, Lot Size and Other Details

The Jindal Supreme IPO had a price band of ₹88 to ₹93 per share. The fresh issue comprised 1,07,41,149 equity shares, while the Offer for Sale (OFS) component consisted of 26,86,851 shares.

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The IPO lot size was 161 shares. Investors looking for detailed information about the offering can refer to the official documents and filings available through the respective stock exchanges.

IPO DetailsInformation
IPO Price Band₹88 to ₹93 per share
Lot Size161 shares
Subscription DatesSeptember 16-18, 2026
Allotment DateSeptember 21, 2026
Listing DateSeptember 23, 2026
Listing ExchangesNSE and BSE

Investment Disclaimer: Grey Market Premium is an unofficial indicator of an IPO’s potential listing price. Investors should review the company’s official documents, financial details and risk factors before making any investment decision.

FAQ:

FAQAnswer
What was the Jindal Supreme IPO listing price?Jindal Supreme shares were listed at ₹120 per share on both the NSE and BSE.
What was the Jindal Supreme IPO issue price?The upper end of the Jindal Supreme IPO price band was ₹93 per share.
What was the Jindal Supreme IPO GMP?The Jindal Supreme IPO GMP was quoted at ₹29 before the listing day.
How much was the Jindal Supreme IPO subscribed?The Jindal Supreme IPO was subscribed 181.07 times in total.
When was the Jindal Supreme IPO listed?Jindal Supreme shares were listed on the NSE and BSE on September 23, 2026.
Disclaimer
The information published on this website is for general informational purposes only. Readers are advised to verify all details from the official website or authorized sources before taking any action.