Jindal Supreme IPO

Jindal Supreme generates revenue primarily from the sale of MS steel black pipes, galvanized pipes, metal beam crash barriers and GI poles, along with other operating income. Its dealer network stood at 53 dealers as of December 2025, compared with 49, 34 and 30 dealers in Fiscal 2025, 2024 and 2023, respectively.

The company operates its manufacturing facility in Hisar, Haryana, which is equipped with raw material handling and preparation equipment, including an uncoiler, shear and end-cutting machine and coil accumulator.

As of June 30, 2025, the company had 231 employees and has built capabilities around a diversified product portfolio, backward integration and technology.

Diversified Product Portfolio: The company manufactures a range of steel pipes, tubes, crash barriers and GI poles catering to multiple infrastructure and industrial applications. Its presence across several end-use sectors helps diversify its product offerings.

Backward Integration: Jindal Supreme has backward integration capabilities within its manufacturing operations. This supports greater control over production processes and raw material preparation.

Technological Capabilities: The company's manufacturing facility is equipped with specialised machinery for raw material handling and preparation. These capabilities support its manufacturing processes and product quality.

Single Manufacturing Location: The company's manufacturing operations are concentrated at a single facility in Hisar, Haryana. Any disruption, breakdown, shutdown or adverse local or regional development affecting this facility could materially impact its business and financial performance.

High Working Capital Requirements: The company requires significant working capital to support its continued growth and operations. Any inability to meet its working capital requirements could adversely affect its results of operations.

Raw Material Price Volatility: Production costs are exposed to fluctuations in the prices of key raw materials, particularly Mild Steel Coils, MS Hot-Rolled Coil and galvanizing materials. Significant increases in these prices could raise production costs and adversely affect overall financial results.