Jindal Supreme IPO Subscription Status
Final figures at close of bidding: 23 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 126.41x |
| NII | 326.84x |
| sNII (₹2L–₹10L) | 372.15x |
| bNII (above ₹10L) | 304.18x |
| Retail (RII) | 141.75x |
| Total | 177.03x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 1.02x | 12.12x | 4.06x | 11.64x | 7.56x |
| Day 2 | 12.5x | 59.97x | 26.46x | 39.8x | 31.54x |
| Day 3 | 126.41x | 372.15x | 304.18x | 141.75x | 177.03x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Jindal Supreme book was built over 3 days: overall subscription stood at 7.56× at the close of day 1, read 31.54× at the end of day 2, and finished at 177.03× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 326.84× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 31.54× to 177.03×.
Category detail
Qualified institutional buyers took their portion to 126.41×. Non-institutional investors came in at 326.84×, split 372.15× in the small-NII bucket (bids under ₹10 lakh) and 304.18× among big NIIs (above ₹10 lakh). Within the NII book, the smaller sub-₹10-lakh applications outpaced the bigger bids. Retail investors put in bids for 141.75× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 326.84× and qualified institutional buyers (QIB) at the bottom at 126.41×.
What the multiple means for allotment
With retail subscription at 141.75×, applications in that category exceeded the shares available to it by a factor of about 141.75. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 161 shares — ₹14,973 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Jindal Supreme IPO open and close?
- The Jindal Supreme IPO opens on 16 Sept 2026 and closes on 18 Sept 2026.
- How many times was the Jindal Supreme IPO subscribed?
- The Jindal Supreme IPO was subscribed 177.03 times in total across all investor categories.
- What is the reservation split in the Jindal Supreme IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.