Jindal Supreme IPO Opens Today; GMP Signals 29% Potential Listing Gain. Check Key Details

Jindal Supreme IPO opens today; GMP signals 29% potential listing gain. Check key details

Jindal Supreme IPO opens today, September 16, and will remain open until September 18. The issue comprises a fresh issue of Rs 99.89 crore and an OFS of Rs 24.99 crore. The IPO is commanding a GMP of around 29% ahead of opening, while allotment is expected on September 21 and listing on NSE and BSE on September 23.

Jindal Supreme IPO Day 1: GMP signals 29% listing gains on opening day | Check GMP, review - apply or not?

Jindal Supreme IPO is a book-built issue worth ₹124.88 crore. The offering comprises a fresh issue of 1.07 crore equity shares aggregating to ₹99.89 crore and an offer for sale (OFS) of 26.87 lakh shares valued at ₹24.99 crore.

Jindal Supreme IPO Sees 5x Demand, Hero Motors Fully Subscribed: What Latest GMP Indicates

Jindal Supreme India's Rs 124.88-crore IPO saw strong demand on the opening day, with subscription reaching around 5 times.