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Jindal Supreme (India) gets Sebi’s green signal to raise funds via IPO

21 Jul 2026 Evaluate

Jindal Supreme (India) has received the Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offering (IPO). 

The company’s IPO consists of both a fresh issue of 1.07 crore equity shares and an offer-for-sale (OFS) component of 26.87 lakh equity shares by promoter VVJ Enterprise. Funds raised through the fresh issue will be used to repay debt. Shares of the company are proposed to be listed on the BSE and the NSE. 

Jindal Supreme manufactures and supplies a wide range of steel pipes and tubes for diverse infrastructure and industrial applications.


Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 179.10
Steel Authority 174.00
Jindal Stainless 732.40
APL Apollo Tubes 2119.90
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