Jivial Industries IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 196 – 196
Lot Size
600
Issue Size
₹32 Cr
Minimum Investment
₹235200 (1200 Shares)
Listing Date
01 July 2026
Subscription
-
About the Company
Incorporated in 2021, Jivial Industries Limited is engaged in the manufacturing of finished aluminium railings and architectural fixture products. The company specializes in transforming unfinished extruded aluminium profiles and aluminium castings into high-quality finished products used in residential, commercial, and infrastructure projects.
Jivial Industries focuses on delivering durable, aesthetically appealing, and precision-engineered aluminium railing solutions that cater to modern architectural and construction requirements. Its products are widely used in glass railing systems, balconies, staircases, terraces, and other structural applications.
Product Portfolio
The company manufactures a diverse range of aluminium railing and fixture products, including:
Aluminium Hand Railings
Premium-quality handrails designed to provide structural support, safety, and an enhanced architectural appearance in glass railing systems.
Aluminium Railings
Engineered railing systems suitable for residential, commercial, and institutional applications, offering durability, corrosion resistance, and modern design aesthetics.
Aluminium Spigots
Specialized mounting components used to securely hold glass panels in frameless glass railing installations, ensuring stability and safety.
Aluminium Conceal Profiles
Concealed aluminium profile systems designed to create seamless and elegant glass railing installations while maintaining structural integrity.
Aluminium Bends
Custom-fabricated aluminium bend components used in railing systems and architectural applications requiring curved or angled designs.
Core Product Categories
The company's manufacturing operations are primarily focused on two major categories of railing solutions:
- Continuous Profiles – Aluminium base profiles used to support and secure glass panels from the bottom, providing a clean and modern frameless appearance.
- Handrails – Top-mounted aluminium handrails that provide support, safety, and aesthetic enhancement while securely holding glass panels in place.
Manufacturing Capabilities
Jivial Industries converts unfinished aluminium extrusions and castings into finished products through value-added manufacturing processes, ensuring superior quality, precision, and consistency. Its focus on product innovation and customization enables the company to meet the evolving requirements of architects, builders, contractors, and infrastructure developers.
Workforce
As of August 31, 2025, the company employed 18 full-time permanent employees, supporting its manufacturing operations and business activities.
Promoters
- Mr. Anand Jitendrabhai Chovatiya
- Mrs. Sheetalben Anand Chovatiya
Promoters Holding
Holding Pre Issue
94.53%
Holding Post Issue
61.16%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Purchase of new machineries
- Capital expenditure for renovation of manufacturing facility
- General Corporate Purposes
- Issue Expenses
Address / Contact Info
Jivial Industries Ltd. Address
Shade No. A1/5,
Road C, Beside Daynamatic Forge,
AJI GIDC, Rajkot, AJI Industrial Estate,
Rajkot, Gujarat, 360003
Contact No. +91-8469022953
Email:cs@jivialrailings.com
Website:https://www.jivialrailings.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 23 June 2026
IPO Close Date
Thursday, 25 June 2026
Basis of Allotment
Monday, 29 June 2026
Initiation of Refunds
Tuesday, 30 June 2026
Credit of Shares to Demat
Tuesday, 30 June 2026
Listing Date
Wednesday, 01 July 2026 — NSE & BSE
Important Dates
Open Date
23 June 2026
Close Date
25 June 2026
Basis Of Allotment
29 June 2026
Listing Date
01 July 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 14.11 | 10.25 | 6.94 | 10.25 |
| Revenue | 12.2 | 12.07 | 11.06 | 8.4 |
| Profit After Tax | 2.95 | 2.97 | 2.41 | 1.17 |
| Net Worth | 11.66 | 8.72 | 5.75 | 1.53 |
| Reserve & Surplus | 8.35 | 5.41 | 2.44 | 1.52 |
| Total Borrowings | 1.23 | 0.38 | 0.44 | 0.18 |
EPS Pre
8.98%
EPS Post
8.42%
P/E Pre
21.83
P/E (Post Issue)
23.29x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 28.93 | 41.09 | 66.31 | 122.94 |
| ROCE % | 33.14 | 47.12 | 77.72 | 149.43 |
| Debt / Equity | 0 | 0.04 | 0.08 | 0.12 |
| RoNW % | 28.93 | 41.09 | 66.31 | 122.94 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 24.33 | 24.75 | 21.82 | 13.89 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 2392600 | 28.83 | 0 |
| Non-Institutional | 1715100 | 20.67 | 0 |
| BNII | 1116200 | 13.45 | 0 |
| SNII | 598900 | 7.22 | 0 |
| Retail Investors | 4190000 | 50.5 | 0 |
| Total | 8297700 | 100 | 0 |
Subscription Status ( Thu, 25 Jun 26 01:47 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 2392600 | 0 | 0x |
| Non-Institutional | 1715100 | 0 | 0x |
| BNII | 1116200 | 0 | 0x |
| SNII | 598900 | 0 | 0x |
| Retail Investors | 4190000 | 0 | 0x |
| Total | 8297700 | 0 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Jivial Industries Ltd | 10 | 21.83 | 8.98 | 8.98 | 41.09 | 26.33 |
| Anb Metal Cast Ltd | 10 | 24.86 | 20.15 | 20.15 | 32.44 | 83.09 |
| Euro Panel Products Ltd | 10 | 16.05 | 11.10 | 11.10 | 18.50 | 65.61 |
| Sudal Industries Ltd | 10 | 0.00 | -1.08 | -1.08 | 2.39 | 28.48 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | 235,200.00 |
| Retail (Max) | 2 | 1,200 | 235,200.00 |
| S-HNI (Min) | 3 | 1,800 | 352,800.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Corporate Makers Capital Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Jivial Industries IPO is a Fixed price IPO worth ₹32 crores. The price band is ₹196 to 196 per share. The IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Jivial Industries IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026
Jivial Industries IPO Price Band is ₹196 to 196.
Jivial Industries IPO lot size is 600, and the minimum amount required for application is ₹235200.
The minimum investment for Jivial Industries IPO is approximately ₹235200 based on the upper price band.
To apply for the Jivial Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jun 25, 2026. After submission, funds are blocked until the basis of allotment of Jivial Industries IPO is finalised.
Jivial Industries IPO issue size is ₹32 crores.
Jivial Industries IPO allotment date is Sat, Jun 27, 2026.
The registrar for Jivial Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Jivial Industries IPO through their official website or helpline.
The Jivial Industries IPO GMP (Grey Market Premium) is ₹0 as of Sat, Jun 27, 2026. Based on the upper price band of ₹196 per share, the estimated Jivial Industries IPO listing price is ₹196, indicating a potential listing gain of approximately 31% over the issue price.