Jindal Supreme (India) IPO
Jindal Supreme (India) IPO is a mainboard IPO raising ₹125 Cr at ₹88 – ₹93 a share. It listed on 23 Sept 2026 at ₹120, +29.0% against its issue price of ₹93, and trades at ₹135 today (+45.0% since issue). It was subscribed 181× in total.
181.1 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 26,85,600 | 33,94,88,625 | 126× |
| Foreign Institutional Investors | no separate quota | 4,22,25,470 | n/a |
| Domestic Financial Institutions | no separate quota | 11,61,37,672 | n/a |
| Mutual funds | no separate quota | 40,35,304 | n/a |
| Others | no separate quota | 17,70,90,179 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 20,14,200 | 66,06,43,214 | 328× |
| Non Institutional Investors | 13,42,800 | 40,84,58,610 | 304× |
| Corporates | no separate quota | 64,82,021 | n/a |
| Individuals | no separate quota | 39,03,46,593 | n/a |
| Others | no separate quota | 1,16,29,996 | n/a |
| Non Institutional Investors | 6,71,400 | 25,21,84,604 | 376× |
| Corporates | no separate quota | 10,05,928 | n/a |
| Individuals | no separate quota | 24,55,84,892 | n/a |
| Others | no separate quota | 55,93,784 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 46,99,800 | 70,18,51,164 | 149× |
| Cut Off | no separate quota | 63,20,12,101 | n/a |
| Price bids | no separate quota | 6,98,39,063 | n/a |
| Total | 93,99,600 | 1,70,19,83,003 | 181× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 19 Sept, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 37% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.