By BillCut
Last updated: 13 November 2026
The Jindal Supreme IPO closed on Friday, 18 September 2026, after opening on 16 September, and the final offer price was Rs 93 per share. Jindal Supreme (India) Limited is now listed on BSE and NSE. According to Business Standard, trading began on Wednesday, 23 September 2026. On NSE the shares carry the symbol JSIPL in the BE series. Bigshare Services Private Limited is the registrar, so allotment questions go there first.
We cover facts and process only and offer no view on the shares.
What are the key facts of the Jindal Supreme IPO?
The figures come from the Jindal Supreme prospectus on the NSE archive and the abridged prospectus on the SEBI site.
| Particular | Detail |
|---|---|
| Price band | Rs 88 to Rs 93 |
| Offer price | Rs 93 |
| Face value | Rs 10 |
| Minimum bid | 161 shares, then multiples of 161 |
| Total offer | 1,34,28,000 shares, about Rs 124.9 crore |
| Fresh issue | 1,07,41,149 shares, Rs 9,989.27 lakh |
| Offer for sale | 26,86,851 shares, Rs 2,498.77 lakh, by VVJ Enterprise Pvt Ltd |
| Lead manager | Sarthi Capital Advisors Private Limited |
| Registrar | Bigshare Services Private Limited |
| Designated stock exchange | NSE |
What was the Jindal Supreme IPO timeline?
| Milestone | Date |
|---|---|
| Red herring prospectus | 7 September 2026 |
| Anchor bidding | Tuesday, 15 September 2026 |
| Bidding opened | Wednesday, 16 September 2026 |
| Bidding closed | Friday, 18 September 2026 |
| Prospectus | 21 September 2026 |
| Listing | 23 September 2026, as reported by Business Standard |
The allotment and refund dates sit in a part of the prospectus we could not read. As a guide, the SEBI circular of 9 August 2023 fixes a T+3 cycle in working days from T, the closing date: basis of allotment on T+1, unblocking and demat credit on T+2, and listing on T+3. The offer document has the final word on the exact days.
What does the BE series mean for Jindal Supreme?
The NSE security list, a downloadable file, shows JSIPL in series BE. That is the trade for trade segment of the NSE main board. It is not the SME platform, so Jindal Supreme remains a main board listing. If you hold these shares, ask your broker how orders in this series are handled for your account.
How do you check your Jindal Supreme IPO allotment?
- Go to the Bigshare IPO allotment page and pick any of its three server links.
- Look for Jindal Supreme (India) Limited in the company list. It may have been removed by now.
- Enter PAN or application number, whichever the form asks for, and submit.
If the company is missing, the Bigshare site lists +91 22 6263 8200 and info@bigshareonline.com. The NSE IPO bid verification tool holds data only about 10 days after an issue closes, so for this issue it has lapsed. Check your demat holdings and bank statement instead.
What do the allotment results mean?
- Allotted: shares are credited, and only their value is taken from your blocked funds. Any surplus hold should be removed.
- Not allotted: no shares, and the whole hold should be removed.
- Rejected: the bid failed a check, often a PAN mismatch, a repeat bid or a UPI mandate approved too late. No shares, and the whole hold should be removed.
ASBA means your money stays in your bank account and is only blocked. The SEBI ICDR master circular wants banks to unblock by the end of the bank day on T+2. Compensation for delay runs from T+3, and the bank pays on the day it gets your complaint. The worked example in that circular uses Rs 100 a day or 15% a year of the application amount, whichever is higher.
Illustrative example: a single lot at Rs 93 blocks Rs 14,973. If you got no shares and the hold lifted 7 days late, 15% a year is only about Rs 6 a day, so Rs 100 a day applies. That is about Rs 700. The circular governs the real sum.
What should you do if the refund is still stuck?
Write to your bank with the application number first. If it does not resolve the matter, ask Bigshare to confirm your status, and then file on SEBI SCORES with copies of your statements and replies. Never pay anyone to speed up a refund, and do not share an OTP or UPI PIN through a link; the SEBI investor site explains common frauds. For calmer reading, try our pieces on first time investor worries and starting with mutual funds.
Can IPO money on hold affect your EMIs?
Yes, if it leaves you short when a payment is due. Card interest keeps building on unpaid dues, as our post on credit card interest explains, and EMI dates do not wait. Our note on UPI for IPOs and bills shows how the two compete for the same balance. If card dues, personal loan EMIs or other loans feel hard to track, Check your options with BillCut and compare.
How BillCut can help
BillCut is a balance transfer and debt reduction platform. It works with lending partners to help eligible borrowers move high interest dues, such as credit card balances and personal loan EMIs, into one structured EMI. BillCut earns from helping borrowers refinance, so it has an interest in this option. Approval and terms depend on the partner lender.
Frequently asked questions
When did the Jindal Supreme IPO open and close?
It opened on 16 September and closed on 18 September 2026, with anchor bidding on 15 September.
What was the Jindal Supreme IPO price?
The offer price was Rs 93, the top of the Rs 88 to Rs 93 band.
Who is the registrar?
Bigshare Services Private Limited.
Is Jindal Supreme an SME listing?
No. The NSE security list shows it in series BE, the trade for trade segment of the main board, not the SME platform.
Who sold shares in the offer for sale?
VVJ Enterprise Pvt Ltd sold 26,86,851 shares, as per the prospectus.
When did Jindal Supreme list?
Business Standard reported that trading began on 23 September 2026.
Who pays compensation for a late unblock?
The bank that blocked your money, counted from T+3 under SEBI rules.
Disclaimer: This content is general information, not investment, tax or legal advice, and not a recommendation on any security. Investing in equity shares involves market risk and possible loss of capital. Reported facts are as on 13 November 2026; the offer document, registrar and exchanges are the final authority.
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