Jindal Supreme IPO Day 2: Issue subscribed over 12.5x, GMP at 27% — Should you subscribe?
Quick Summary
The Jindal Supreme IPO saw significant demand on its second day, with the overall issue subscribed over 12.5 times. Retail investors showed strong interest, with their portion subscribed over 19 times. The Grey Market Premium (GMP) is noted at Rs 25, indicating positive unofficial market sentiment.
Key Takeaways
- Overall IPO subscription reached 12.53 times.
- Retail subscription stood at 19.13 times.
- The Grey Market Premium (GMP) is Rs 25.
- The issue closes on September 18.
Why It Matters
High subscription numbers and a positive GMP often reflect strong investor interest and market sentiment for an IPO. Understanding these indicators can help retail investors assess the demand for new listings.
Summary, takeaways and analysis above are written by CAPITA1's AI from the source report. For educational purposes only. Not investment advice.
The IPO in this story
Jindal Supreme (India) Limited
- Price Band
- ₹88 – ₹93
- GMP
- ₹24 (+25.81%)
- Subscription
- 22.69x
Opens 16 Sept 2026 · Closes 18 Sept 2026
CAPITA1 desk — unofficial grey-market estimate — Unofficial grey-market estimate — not an exchange price. Updated 16 Sept 2026, 05:53 pm.
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