Mumbai, Sept. 16 -- The initial public offer of Jindal Supreme (India received bids for 7,07,73,346 shares as against 93,99,600 shares on offer, according to stock exchange data at 17:00 IST on 16 September 2026. The issue was subscribed 7.53 times.

The issue opened for bidding on 16 September 2026 and will close on 18 September 2026. The price band of the IPO is fixed between Rs 88 and 93 per share. An investor can bid for a minimum of 161 equity shares and multiples thereof.

The offer comprises fresh issue of 1,07,41,149 equity shares of Rs 10 each and an offer for sale of 26,86,851 equity shares by VVJ Enterprises, a promoter group company.

Of the net proceeds from fresh issue, the company intends to use Rs 71 crore towards prepayme...