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.
| Company Name | CMP |
|---|---|
| Tata Steel | 186.95 |
| JSW Steel | 1271.00 |
| Steel Authority | 169.00 |
| Jindal Stainless | 737.65 |
| APL Apollo Tubes | 1893.15 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: