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Jindal Supreme IPO Opens with Rs 124.88 Crore Issue and 29% Grey Market Premium

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Jindal Supreme IPO Opens with Rs 124.88 Crore Issue and 29% Grey Market Premium

Analysed 16 Sept 2026·3 sources analysed·Mississippi, United States·Business
Jindal Supreme IPO Opens with Rs 124.88 Crore Issue and 29% Grey Market PremiumPreviousNext

Jindal Supreme's IPO opened on September 16, 2026, with a price band of Rs 88-93 per share and will close on September 18. The Rs 124.88 crore issue includes a fresh issue of Rs 99.89 crore and an offer-for-sale of Rs 24.99 crore. The IPO attracted Rs 37.46 crore via anchor investors before opening. The grey market premium stands around Rs 27, indicating a potential listing gain of about 29%. Proceeds will partly repay debt and fund corporate purposes, with listing expected on September 23.

Sentiment
51%
TBN's observations

First-hand measurement across 3 sources

We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (51/100). Lens Score 39/100.

Outlets measured: economictimes, mint, moneycontrol. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 3 sources · Published under editorial oversight by The Balanced News
Analysed 16 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (51/100)

Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

moneycontrol broke this story on 15 Sept, 01:50 pm. Other outlets followed.

15 Sept, 01:50 pm3 sources · 14 h16 Sept, 03:43 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
Inflation Raises Costs of Festive Gifts, Sweets, and Gold Demand in India
Next →
Tata Group Stocks Rise on Technical Momentum and RBI Decision Impact
  1. 1
    moneycontrol15 Sept, 01:50 pm
    Jindal Supreme India raises Rs 37.46 crore via anchor book ahead of IPO- Moneycontrol.com
  2. 2
    mint16 Sept, 03:26 am
    Jindal Supreme IPO Day 1: GMP signals 29 listing gains on opening day Check GMP, review - apply or not? Stock Market News
  3. 3
    economictimes16 Sept, 03:43 am
    Jindal Supreme IPO opens today; GMP signals 29 potential listing gain. Check key details

Who's involved

Institutions and figures named across source coverage.

Corporate
Craft Emerging Market Fund PCCJindal Supreme India Private LimitedSarthi Capital AdvisorsBigshare Services Private LimitedSarthi Capital Advisors Private LimitedJindal Supreme (India) LimitedVVJ Enterprise

Story context

Category
Business
Location
Mississippi, United States
Sources analysed
3
Last analysed
16 Sept 2026
Key entities
Initial public offeringCroreIndian rupeeLakhIndiaRural electrificationGalvanizationWater supplyMetalFossil fuelAgricultureGross metropolitan product