{"id":250719,"date":"2026-09-17T09:19:46","date_gmt":"2026-09-17T03:49:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=250719"},"modified":"2026-09-17T09:19:46","modified_gmt":"2026-09-17T03:49:46","slug":"jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/","title":{"rendered":"Jindal Supreme IPO Day 2: Subscription Status on 17 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Jindal Supreme IPO Day 2, 17 Sep 2026. Subscribed 7.56x at Day 1 close: Retail 11.64x, NII 6.75x, QIB 1.02x. Price band Rs 88-93. Closes 18 Sep.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Jindal Supreme IPO is on Day 2 of bidding on 17 September 2026, after a very strong opening day. The Jindal Supreme IPO closed Day 1 subscribed 7.56 times overall, with retail investors leading sharply at 11.64 times and non-institutional investors at 6.75 times, while qualified institutional buyers had just crossed full subscription at 1.02 times. Bidding for the Jindal Supreme IPO remains open until 18 September 2026, and investors should track the live category wise numbers on BSE and NSE through the day.<\/p>\n<\/p><\/div>\n<p>The issue has entered Day 2 of its three day bidding window, which opened on 16 September and closes on 18 September 2026. Jindal Supreme (India) Limited, a five decade old steel pipes and tubes manufacturer, is raising about Rs 124.88 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both BSE and NSE.<\/p>\n<p>Day 1 bidding for the issue closed with the issue subscribed a strong 7.56 times overall, driven by broad based demand with retail investors crossing 11 times subscription. With two sessions still remaining, including the 18 September close, and QIBs typically adding more bids in the closing hours, the final subscription figure for the issue could run considerably higher.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=jindal-supreme-ipo-day2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#Jindal_Supreme_IPO_Details\" title=\"Jindal Supreme IPO Details\">Jindal Supreme IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#Jindal_Supreme_IPO_Subscription_Status_Day_2\" title=\"Jindal Supreme IPO Subscription Status Day 2\">Jindal Supreme IPO Subscription Status Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#How_to_Apply_for_the_Jindal_Supreme_IPO\" title=\"How to Apply for the Jindal Supreme IPO\">How to Apply for the Jindal Supreme IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#What_is_the_Jindal_Supreme_IPO_subscription_status_on_Day_2\" title=\"What is the Jindal Supreme IPO subscription status on Day 2?\">What is the Jindal Supreme IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#When_does_the_Jindal_Supreme_IPO_close\" title=\"When does the Jindal Supreme IPO close?\">When does the Jindal Supreme IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#What_is_the_Jindal_Supreme_IPO_price_band_and_lot_size\" title=\"What is the Jindal Supreme IPO price band and lot size?\">What is the Jindal Supreme IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#Which_category_led_the_Jindal_Supreme_IPO_on_Day_1\" title=\"Which category led the Jindal Supreme IPO on Day 1?\">Which category led the Jindal Supreme IPO on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#What_is_the_Jindal_Supreme_IPO_GMP\" title=\"What is the Jindal Supreme IPO GMP?\">What is the Jindal Supreme IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#How_do_I_apply_for_the_Jindal_Supreme_IPO\" title=\"How do I apply for the Jindal Supreme IPO?\">How do I apply for the Jindal Supreme IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#When_will_the_Jindal_Supreme_IPO_be_allotted_and_listed\" title=\"When will the Jindal Supreme IPO be allotted and listed?\">When will the Jindal Supreme IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#Is_the_Jindal_Supreme_IPO_likely_to_close_heavily_oversubscribed\" title=\"Is the Jindal Supreme IPO likely to close heavily oversubscribed?\">Is the Jindal Supreme IPO likely to close heavily oversubscribed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#Is_the_promoter_selling_shares_in_the_Jindal_Supreme_IPO\" title=\"Is the promoter selling shares in the Jindal Supreme IPO?\">Is the promoter selling shares in the Jindal Supreme IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-2-subscription-17-september-2026\/#What_does_Jindal_Supreme_India_Limited_do\" title=\"What does Jindal Supreme (India) Limited do?\">What does Jindal Supreme (India) Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Supreme_IPO_Details\"><\/span><strong>Jindal Supreme IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>16 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>18 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 88 to Rs 93 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>161 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 124.88 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>BSE and NSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>21 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>23 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Jindal_Supreme_IPO_Subscription_Status_Day_2\"><\/span><strong>Jindal Supreme IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Category wise bidding for the issue is updated through the trading session on BSE and NSE. The table below shows the position at the close of Day 1 along with the overall figure recorded so far on Day 2.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription at Day 1 Close (16 Sep, 5:08 PM)<\/th>\n<th>Overall Subscription So Far (Day 2, 17 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>1.02 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>6.75 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>11.64 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>7.56 times<\/strong><\/td>\n<td><strong>Updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Retail investors have driven the demand for the issue by a wide margin, though QIB also cleared full subscription on the opening day itself, a sign of broad based interest across categories. Investors should treat the Day 2 figures as provisional since bidding remains open until the 18 September close.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Jindal_Supreme_IPO\"><\/span><strong>How to Apply for the Jindal Supreme IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 88 to Rs 93 band, in multiples of 161 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 18 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before the 18 September close.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has opened with exceptional demand, closing Day 1 subscribed 7.56 times overall with retail crossing 11 times, and two more sessions remain before the 18 September close for the book to build further. Investors considering the issue should review the company financials and risk factors in the RHP on bseindia.com and nseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jindal_Supreme_IPO_subscription_status_on_Day_2\"><\/span><strong>What is the Jindal Supreme IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closed Day 1 subscribed 7.56 times overall, with retail at 11.64 times, NII at 6.75 times, and QIB at 1.02 times, and figures for Day 2, 17 September 2026, are updating through today&#8217;s session on BSE and NSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Jindal_Supreme_IPO_close\"><\/span><strong>When does the Jindal Supreme IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 18 September 2026, having opened on 16 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jindal_Supreme_IPO_price_band_and_lot_size\"><\/span><strong>What is the Jindal Supreme IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 88 to Rs 93 per share, with a lot size of 161 shares, taking the minimum retail investment to about Rs 14,973 at the upper band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Jindal_Supreme_IPO_on_Day_1\"><\/span><strong>Which category led the Jindal Supreme IPO on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail investors led the issue on Day 1 by a wide margin, subscribing their reserved portion 11.64 times, ahead of non-institutional investors at 6.75 times, while qualified institutional buyers had just crossed full subscription at 1.02 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jindal_Supreme_IPO_GMP\"><\/span><strong>What is the Jindal Supreme IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Jindal_Supreme_IPO\"><\/span><strong>How do I apply for the Jindal Supreme IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 161 shares within the Rs 88 to Rs 93 band and approving the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Jindal_Supreme_IPO_be_allotted_and_listed\"><\/span><strong>When will the Jindal Supreme IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 21 September 2026, with listing on both BSE and NSE tentatively scheduled for 23 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Jindal_Supreme_IPO_likely_to_close_heavily_oversubscribed\"><\/span><strong>Is the Jindal Supreme IPO likely to close heavily oversubscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue was already subscribed 7.56 times by the Day 1 close, with all three categories past full subscription, so with two sessions still remaining the issue looks well placed to close well oversubscribed, though the final figure should be confirmed on BSE and NSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_promoter_selling_shares_in_the_Jindal_Supreme_IPO\"><\/span><strong>Is the promoter selling shares in the Jindal Supreme IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main promoter, Abhishek Jindal, who holds around 81 percent of the company pre-IPO, is not selling any shares in the issue. The offer for sale is entirely by promoter group entity VVJ Enterprise Private Limited.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Jindal_Supreme_India_Limited_do\"><\/span><strong>What does Jindal Supreme (India) Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jindal Supreme (India) Limited manufactures MS black pipes and tubes, galvanized pipes, metal beam crash barriers and GI tubular poles from its Hisar, Haryana facility, serving infrastructure and road safety applications.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closed Day 1 subscribed 7.56 times overall, with retail at 11.64 times, NII at 6.75 times, and QIB at 1.02 times, and figures for Day 2, 17 September 2026, are updating through today's session on BSE and NSE.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription on 18 September 2026, having opened on 16 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 88 to Rs 93 per share, with a lot size of 161 shares, taking the minimum retail investment to about Rs 14,973 at the upper band.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail investors led the issue on Day 1 by a wide margin, subscribing their reserved portion 11.64 times, ahead of non-institutional investors at 6.75 times, while qualified institutional buyers had just crossed full subscription at 1.02 times.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 161 shares within the Rs 88 to Rs 93 band and approving the UPI mandate before the daily cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 21 September 2026, with listing on both BSE and NSE tentatively scheduled for 23 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Is the issue likely to close heavily oversubscribed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue was already subscribed 7.56 times by the Day 1 close, with all three categories past full subscription, so with two sessions still remaining the issue looks well placed to close well oversubscribed, though the final figure should be confirmed on BSE and NSE.\"}},{\"@type\":\"Question\",\"name\":\"Is the promoter selling shares in the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main promoter, Abhishek Jindal, who holds around 81 percent of the company pre-IPO, is not selling any shares in the issue. The offer for sale is entirely by promoter group entity VVJ Enterprise Private Limited.\"}},{\"@type\":\"Question\",\"name\":\"What does Jindal Supreme (India) Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jindal Supreme (India) Limited manufactures MS black pipes and tubes, galvanized pipes, metal beam crash barriers and GI tubular poles from its Hisar, Haryana facility, serving infrastructure and road safety applications.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 2 Subscription Status 17 Sep 2026\",\"description\":\"Jindal Supreme (India) IPO Day 2 subscription status on 17 September 2026. 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