GENERAL23 Sept 2026
IPO listings today: SS Retail vs Hero Motors vs Jindal Supreme - Bumper listing and flop show details | Stock Market News
Three companies, Hero Motors, Jindal Supreme and SS Retail, debuted on Indian exchanges on Wednesday, 23 September. Results differed sharply. SS Retail rose nearly 50% and Jindal Supreme opened about 30% above its issue price, while Hero Motors opened below its ₹84 issue price. If you applied for these shares, check your allotment and decide calmly with a long-term plan.
Key Statutory Highlights
- SS Retail shares opened at a premium of nearly 50% over their issue price on 23 September.
- Jindal Supreme opened at ₹120 on the NSE, about 29% higher than its issue price of ₹93.
- Hero Motors opened at ₹82 on the NSE, below its ₹84 issue price, even though its IPO was subscribed 6.66 times.
Actionable Advice for Taxpayers / Founders:If you received an allotment, review your own goals and holding period before buying or selling, rather than reacting to the first day price. Consider speaking to a qualified advisor.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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