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Jindal Supreme IPO Subscribed Over Seven Times on Opening Day

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Jindal Supreme IPO Subscribed Over Seven Times on Opening Day

Analysed 17 Sept 2026·10 sources analysed·Anand, Gujarat, India·Business
Jindal Supreme IPO Subscribed Over Seven Times on Opening DayPreviousNext

Jindal Supreme's IPO opened on September 16 with strong investor interest, subscribing over seven times on the first day, led by retail investors. The Rs 125-crore issue, priced between Rs 88 and Rs 93 per share, includes a fresh issue and an offer for sale by promoters. Brokerages view the company positively due to its long history, expanding value-added products, and growth prospects in the steel pipes and tubes market. Proceeds will support debt repayment and corporate purposes, with listing expected on September 23, 2026.

Sentiment
58%
TBN's observations

First-hand measurement across 10 sources

We measured how 10 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 (58/100). Lens Score 39/100.

Outlets measured: moneycontrol, economictimes, moneycontrol, news18, businessstandard, economictimes, businessstandard, economictimes, and 2 more. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 10 sources · Published under editorial oversight by The Balanced News
Analysed 17 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (58/100)

Sentiment was consistent across outlets (50–68/100), 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 pm10 sources · 43 h17 Sept, 08:37 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
SEBI to Review Broker Concerns on New UPI MDR, Highlights Derivatives Risks and Market Developments
Next →
Puravankara Secures Rs 2,600 Crore Redevelopment Project in Goregaon West, Mumbai
  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
  4. 4
    businessstandard16 Sept, 05:03 am
    Jindal Supreme IPO: Brokerages largely bullish, see strong growth trend
  5. 5
    economictimes16 Sept, 08:06 am
    Jindal Supreme IPO Day 1: Issue subscribed over 200 in early bids, GMP at 29 . Should you subscribe?
  6. 6
    businessstandard16 Sept, 12:06 pm
    Jindal Supreme (India) IPO subscribed 7.53 times
  7. 7
    news1816 Sept, 12:30 pm
    Jindal Supreme IPO subscribed 7.53 times on Day 1 led by retail investors
  8. 8
    moneycontrol17 Sept, 04:34 am
    Subscribe for Jindal Supreme Ltd IPO; Anand Rathi- Moneycontrol.com
  9. 9
    economictimes17 Sept, 07:38 am
    Jindal Supreme IPO Day 2: Issue subscribed over 12.5x, GMP at 27 -- Should you subscribe?
  10. 10
    moneycontrol17 Sept, 08:37 am
    Jindal Supreme IPO booked over 20x so far on Day 2; GMP soars to 30 - Moneycontrol.com

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
Anand, Gujarat, India
Sources analysed
10
Last analysed
17 Sept 2026
Key entities
Initial public offeringIndiaCroreIndian rupeeLakhGalvanizationPlumbingCommon stockRural electrificationCarbon steelWater supplyMetal