{"id":254451,"date":"2026-09-18T08:28:06","date_gmt":"2026-09-18T02:58:06","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=254451"},"modified":"2026-09-18T08:28:06","modified_gmt":"2026-09-18T02:58:06","slug":"jindal-supreme-india-initial-public-offering-day-3-subscription-18-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jindal-supreme-india-initial-public-offering-day-3-subscription-18-september-2026\/","title":{"rendered":"Jindal Supreme IPO Day 3: Subscription Closes Today, 18 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Jindal Supreme IPO closes today, 18 Sep 2026. Subscribed 31.54x through Day 2 (5:07 PM): Retail 39.80x, NII 37.63x, QIB 12.50x. Price band Rs 88-93.<\/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 its final day of bidding on 18 September 2026, with the subscription window closing today. The issue has surged through its bidding window, from 7.56 times at the Day 1 close to around 31.54 times by the close of Day 2, with retail leading at 39.80 times, NII close behind at 37.63 times, and QIB well past full subscription at 12.50 times. With bidding open until the end of today&#8217;s session, the final Jindal Supreme IPO subscription figure could climb further still.<\/p>\n<\/p><\/div>\n<p>Jindal Supreme (India) Limited, a five decade old steel pipes and tubes manufacturer, has reached the final day of its IPO subscription window today, 18 September 2026. The Jindal Supreme IPO opened on 16 September and is a mainboard, book built issue worth about Rs 124.88 crore, comprising a fresh issue of Rs 99.89 crore and an offer for sale of Rs 24.99 crore. The shares are proposed to list on both BSE and NSE.<\/p>\n<p>Demand for the issue has been exceptional through the bidding window. The issue closed Day 1 subscribed 7.56 times overall, and by the close of Day 2 the overall book had surged to around 31.54 times, with all three categories comfortably past full subscription, including QIB at 12.50 times. Today&#8217;s closing session will determine how much further this already strong book extends.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=jindal-supreme-ipo-day3\"><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-3-subscription-18-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-3-subscription-18-september-2026\/#Jindal_Supreme_IPO_Subscription_Status_Day_3\" title=\"Jindal Supreme IPO Subscription Status Day 3\">Jindal Supreme IPO Subscription Status Day 3<\/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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-september-2026\/#What_is_the_Jindal_Supreme_IPO_subscription_status_on_Day_3\" title=\"What is the Jindal Supreme IPO subscription status on Day 3?\">What is the Jindal Supreme IPO subscription status on Day 3?<\/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-3-subscription-18-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-3-subscription-18-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-3-subscription-18-september-2026\/#Which_category_led_the_Jindal_Supreme_IPO_subscription\" title=\"Which category led the Jindal Supreme IPO subscription?\">Which category led the Jindal Supreme IPO subscription?<\/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-3-subscription-18-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-3-subscription-18-september-2026\/#How_do_I_apply_for_the_Jindal_Supreme_IPO_before_it_closes\" title=\"How do I apply for the Jindal Supreme IPO before it closes?\">How do I apply for the Jindal Supreme IPO before it closes?<\/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-3-subscription-18-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-3-subscription-18-september-2026\/#What_will_happen_to_allotment_given_how_oversubscribed_the_Jindal_Supreme_IPO_is\" title=\"What will happen to allotment given how oversubscribed the Jindal Supreme IPO is?\">What will happen to allotment given how oversubscribed the Jindal Supreme IPO is?<\/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-3-subscription-18-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-3-subscription-18-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_3\"><\/span><strong>Jindal Supreme IPO Subscription Status Day 3<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Session<\/th>\n<th>Overall<\/th>\n<th>Retail<\/th>\n<th>NII<\/th>\n<th>QIB<\/th>\n<\/tr>\n<tr>\n<td>Day 1 close (16 Sep, 5:08 PM)<\/td>\n<td>7.56x<\/td>\n<td>11.64x<\/td>\n<td>6.75x<\/td>\n<td>1.02x<\/td>\n<\/tr>\n<tr>\n<td>Day 2 close (17 Sep, 5:07 PM)<\/td>\n<td>31.54x<\/td>\n<td>39.80x<\/td>\n<td>37.63x<\/td>\n<td>12.50x<\/td>\n<\/tr>\n<tr>\n<td>Day 3, closing day so far (18 Sep)<\/td>\n<td colspan=\"4\">Updating through the session<\/td>\n<\/tr>\n<\/table>\n<p>All three categories in the issue have cleared full subscription by a wide margin, a sign of exceptional broad based demand. With bidding open until the end of today&#8217;s session, the final subscription numbers for the issue should be confirmed on BSE and NSE once the window shuts.<\/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 well before the cut off today, since the issue closes for good after this session.<\/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 it closes today.<\/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 closed out its bidding window with exceptional demand, running at around 31.54 times overall by the close of Day 2, with all categories comfortably oversubscribed. 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 before the window shuts today.<\/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_3\"><\/span><strong>What is the Jindal Supreme IPO subscription status on Day 3?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On the closing day, 18 September 2026, the issue carries forward a Day 2 close of 31.54 times overall, with retail at 39.80 times, NII at 37.63 times, and QIB at 12.50 times, and figures are updating through today&#8217;s final session.<\/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 today, 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 investment to about Rs 14,973 at the upper price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Jindal_Supreme_IPO_subscription\"><\/span><strong>Which category led the Jindal Supreme IPO subscription?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail investors led the issue through Day 2, reaching 39.80 times, closely followed by NII at 37.63 times, while QIB also cleared full subscription well past the mark at 12.50 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_before_it_closes\"><\/span><strong>How do I apply for the Jindal Supreme IPO before it closes?<\/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 today&#8217;s 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=\"What_will_happen_to_allotment_given_how_oversubscribed_the_Jindal_Supreme_IPO_is\"><\/span><strong>What will happen to allotment given how oversubscribed the Jindal Supreme IPO is?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> With the issue running at over 30 times overall by the Day 2 close, retail and NII allotment will likely be decided largely by computerised lottery for the minimum lot, given demand far exceeds the shares on offer, while QIB allotment follows the book runners&#8217; discretionary process.<\/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 3?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the closing day, 18 September 2026, the issue carries forward a Day 2 close of 31.54 times overall, with retail at 39.80 times, NII at 37.63 times, and QIB at 12.50 times, and figures are updating through today's final session.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription today, 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 investment to about Rs 14,973 at the upper price band.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue subscription?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail investors led the issue through Day 2, reaching 39.80 times, closely followed by NII at 37.63 times, while QIB also cleared full subscription well past the mark at 12.50 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 before it closes?\",\"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 today's 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\":\"What will happen to allotment given how oversubscribed the issue is?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"With the issue running at over 30 times overall by the Day 2 close, retail and NII allotment will likely be decided largely by computerised lottery for the minimum lot, given demand far exceeds the shares on offer, while QIB allotment follows the book runners' discretionary process.\"}},{\"@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 3 Subscription Status 18 Sep 2026\",\"description\":\"Jindal Supreme (India) IPO closes today, 18 September 2026. Day 3 subscription status and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/jindal-supreme-india-initial-public-offering-day-3-subscription-18-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jindal Supreme (India) IPO closes today. 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