Jindal Supreme (India) Limited
DRHP · filed 05 May 2026
This is a draft. SEBI has not cleared it, there is no final price yet, and it may never become an IPO.
Jindal Supreme (India) Limited is a manufacturer that reported revenue of Rs 489.65 crore and a net profit of Rs 16.30 crore in the latest fiscal year, with a return on equity of 18.0 percent. The company has a debt-to-equity ratio of 1.02 and has not been loss-making in the last three fiscals. The IPO structure consists of a fresh issue of shares, and the company's revenue has declined by 1.1 percent over the last three fiscals. The most material risks include the lack of a formal disaster recovery plan, the absence of specific business interruption insurance, and the concentration of operations at a single manufacturing facility in Hisar, Haryana.
What stands out
Shrinking revenue. Restated revenue CAGR of -1.1%.
Large related-party dealings. Related-party transactions are 43.8% of revenue.
Risk factor. The Company does not currently have a formal, documented disaster recovery or business continuity plan.
Risk factor. The Company has not obtained any specific insurance coverage for business interruption.
Risk factor. The Company has not obtained any specific insurance coverage for business interruption, and existing insurance policies covering the manufacturing facility may not adequately cover losses arising from prolonged operational disruptions.
Risk factor. Operations are concentrated at a single manufacturing facility in Hisar, Haryana, and the business is dependent on this facility; any disruption, breakdown, shutdown or adverse local or regional developments could materially and adversely affect the business.
Healthy return on equity. ROE of 18.0%.
How the offer is structured
Debt repayment
₹7.70k Cr
From fresh proceeds
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company₹7.70k Cr
- General Corporate Purposes
Restated financials
Revenue
₹490 Cr
Latest fiscal year
Profit after tax
₹16.3 Cr
Revenue CAGR
-1.1%
Return on equity
18.0%
Debt / equity
1.02
EBITDA margin
6.2%
PAT CAGR
195.1%
| Fiscal year | Revenue | EBITDA | PAT | Net worth |
|---|---|---|---|---|
| 2022 | ₹506 Cr | ₹0.6 Cr | ₹41.7 Cr | |
| 2023 | ₹645 Cr | ₹12.9 Cr | ₹50.3 Cr | |
| 2024 | ₹586 Cr | ₹24.3 Cr | ₹74.6 Cr | |
| 2025 | ₹490 Cr | ₹16.3 Cr | ₹90.5 Cr |
Promoters, litigation & related parties
Promoter (pre)
82.0%
Related-party
43.8%
Share of revenue
Risks the company discloses
The Company does not currently have a formal, documented disaster recovery or business continuity plan.(Operational)
The Company has not obtained any specific insurance coverage for business interruption.(Operational)
The Company has not obtained any specific insurance coverage for business interruption, and existing insurance policies covering the manufacturing facility may not adequately cover losses arising from prolonged operational disruptions.(Operational)
Operations are concentrated at a single manufacturing facility in Hisar, Haryana, and the business is dependent on this facility; any disruption, breakdown, shutdown or adverse local or regional developments could materially and adversely affect the business.(Operational)
The Company has not faced malfunction and/or break of machinery during the last three fiscals and stub period, but any significant malfunction or breakdown of machinery may require substantial repair or replacement costs and may lead to suspension of operations.(Operational)
The Company has not faced any material adverse impact on operations due to regional, operational or facility-related risks in the last three Fiscals and the stub period, but there can be no assurance that similar events will not occur in the future.(Operational)
A significant portion of revenue is derived from key customers, and any decrease in revenue from operations from any of these customers or any loss of these customers may adversely affect the business, financial condition, cash flows and results of operations.(Commercial)
The Company has not obtained any specific insurance coverage for business interruption, and existing insurance policies covering the manufacturing facility may not adequately cover losses arising from prolonged operational disruptions.(Financial)
How this document reads, dimension by dimension
Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.