Jindal Supreme (India) Ltd IPO

Initial public offering of up to 1,34,28,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of the company for cash at a price of Rs. 88-93 per equity share (including a share premium of Rs. 78-83 per equity share) ("Offer Price") aggregating up to Rs. 118-17-124.88 Crores (the "Offer") comprising a fresh issue of up to 1,07,41,149 equity shares of face value of Rs. 10.00 each aggregating up to Rs. 94.52-99.89 Crores by the company (the "Fresh Issue") and an offer for sale of up to 26,86,851 equity shares of face value of Rs. 10.00 each aggregating up to Rs. 23.64-24.99 Crores by VVJ Enterprise Private Limited (previously known as J J Jindal Infin Private Limited), (the "Promoter Group Selling Shareholder") (the "Offer For Sale"). The offer would constitute 26.32% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 88/- to Rs. 93/- per equity share of face value of Rs. 10 each. The floor price is 8.80 times of the face value of the equity shares and the cap price is 9.30 times of the face value of the equity shares. Bids can made for a minimum of 161 equity shares and in multiples of 161 equity shares thereafter.

Jindal Supreme (India) Limited was originally incorporated as 'Janak Steel Tubes Private Limited' at Haryana on March 05, 1974 with the Registrar of Companies, Delhi & Haryana. Subsequently, the name of the company was changed to Janak Steel Tubes Limited on November 22, 2001. Company was converted into Private Company and the name was changed to Janak Steel Tubes Private Limited on June 08, 2016. Subsequently, the name of the Company was changed from Janak Steel Tubes Private Limited to Jindal Supreme (India) Private Limited dated August 10, 2017 at RoC, Delhi. Subsequently, Company was converted into a Public Limited Company and the name was changed to Jindal Supreme (India) Limited and a fresh certificate of Incorporation has been issued by Registrar of Companies, Delhi on September 17, 2025. Established in 1974 by Late Madan Lal Jindal, the Company's legacy was strengthened by Sh. Janak Raj Jindal and is now led by Abhishek Jindal, who brings over 18 years of industry experience in the MS Black and Galvanized Pipes/Tubes manufacturing industry and has played a key role in developing the product portfolio and diversification. Over the years, Company has expanded the product line to tap into emerging infrastructure development projects. Presently, Company manufactures and supplies a wide range of steel pipes and tubes for infrastructure and industrial applications including, MS black pipes, tubes, galvanized pipes, metal beam crash barriers, and GI tubular poles, produced in sizes from 0.5 inch to 10 inch as per Indian Standards to ensure quality and durability. These products serve sectors such as water supply and plumbing, infrastructure & construction, roads & highways, bridges, oil and gas, chemicals, agriculture, rural electrification and others. Company operate a manufacturing facility from Hisar, Haryana. In FY 2025, Company has commenced the manufacturing of metal beam crash barriers with W-beam and Thrie-beam crash barriers, which are primarily utilized for road safety and highway infrastructure projects. Following this, it diversified into the production of GI tubular poles, used for street lighting, electrification projects, and other public utility infrastructure. Company has filed a Draft Red Herring Prospectus with SEBI & is planning to issue an aggregate of 1,34,28,000 equity shares of face value of Rs 10 each by way of its initial public offer, comprising a fresh issue of 1,07,41,149 equity shares and the offer for sale of 26,86,851 equity shares.