Jindal Supreme IPO

Jindal Supreme (India) Ltd.’s IPO comprises a fresh issue of up to 1.07 crore equity shares and an Offer for Sale (OFS) of up to 26.87 lakh equity shares by selling shareholder VVJ Enterprise Private Limited. The company is proposed to be listed on the BSE and NSE, with Sarthi Capital Advisors Private Limited acting as the Book Running Lead Manager.
The company is promoted by Abhishek Jindal and Sonam Jindal. The net proceeds from the fresh issue are proposed to be used primarily for repayment of certain borrowings, with the balance allocated towards general corporate purposes. The proceeds from the OFS will be received by the selling shareholder, and the company will not receive any proceeds from the OFS.

About Jindal Supreme (India) Ltd.

Jindal Supreme (India) Ltd. is engaged in the manufacturing and supply of steel pipes, tubes and other infrastructure products. Its product portfolio includes Mild Steel (MS) black pipes and tubes, galvanized pipes, metal beam crash barriers and galvanized iron (GI) tubular poles. The company's products cater to a range of applications across water supply and plumbing, infrastructure and construction, roads and highways, bridges, oil & gas, chemicals, agriculture and rural electrification.
The company has over five decades of operating history, having been established in 1974. Its promoter has over 18 years of experience in the MS black and galvanized pipes and tubes manufacturing industry. 
The company has expanded its product portfolio in recent years, commencing the manufacturing of metal beam crash barriers in FY2025 and GI tubular poles in FY2026. These products are used in road safety, street lighting, electrification and other public infrastructure projects.
Jindal Supreme operates a manufacturing facility in Hisar, Haryana, equipped with facilities for pipe and tube manufacturing, galvanising, product finishing and testing. The company follows Indian Standards for its products and has in-house testing and quality-control infrastructure.
The company's sales are primarily through direct sales to institutional customers, including infrastructure contractors and industrial customers, supplemented by a dealer network. As of June 30, 2026, the company had 53 dealers, compared with 34 dealers in FY2024.