Jivial Industries IPO
GMP, Subscription, Price, Dates & Financial Details
Aluminium Products
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…
Open Date
Tue, 23 Jun 2026
Close Date
Thu, 25 Jun 2026
Issue Price
₹ 196
Lot Size
600
Issue Size
₹ 32.00 Cr
Minimum Investment
₹ 235,200 (1200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Jivial Industries IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹32.00 Crore, comprising a fresh issue of 12.78 Lakh equity shares aggregating to ₹25.00 Crore and an offer for sale (OFS) of 2.72 Lakh equity shares aggregating to ₹5.00 Crore by the existing shareholders.
The Jivial Industries IPO remained open for subscription from June 23, 2026, to June 25, 2026. The basis of allotment was finalized on June 29, 2026, and the company's shares were listed on BSE SME Platform on July 01, 2026.
The company had fixed the price at ₹196 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹235,200 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Corporate Makers Capital Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Jivial Industries Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Jivial Industries IPO Timeline (Tentative)
- IPO Open Date
- Tue, 23 Jun 26
- IPO Close Date
- Thu, 25 Jun 26
- Basis of Allotment
- Mon, 29 Jun 26
- Initiation of Refunds
- Tue, 30 Jun 26
- Credit of Shares to Demat
- Tue, 30 Jun 26
- Listing Date
- Wed, 01 Jul 26 — NSE & BSE
Open Date
23 June 2026
Close Date
25 June 2026
Basis Of Allotment
29 June 2026
Listing Date
01 July 2026
IPO Subscription
Check Live Subscription →The Jivial Industries IPO has received bids for 0 shares against 82,97,700 shares offered, resulting in an overall subscription of 0x. the NII category is subscribed 0x, Retail Investors 0x, and QIBs 0x. Within the NII category, BNII is subscribed 0x, while SNII is subscribed 0x.
QIB
0x
NII
0x
BNII
0x
SNII
0x
RII
0x
Total
0x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 41,90,000 shares, representing 50.5% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 23,92,600 shares (28.83%), while Non-Institutional Investors (NIIs) receive 17,15,100 shares (20.67%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 2,392,600 | 28.83% |
| Non-Institutional | 1,715,100 | 20.67% |
| BNII | 1,116,200 | 13.45% |
| SNII | 598,900 | 7.22% |
| Retail Investors | 4,190,000 | 50.5% |
| Total | 8,297,700 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Jivial Industries Limited KPI Information
| 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 |
| Pat Margin % | 24.33 | 24.75 | 21.82 | 13.89 |
Peers Comparison
| 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 |
About Jivial Industries Limited
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.
Jivial Industries IPO Promoters
- Mr. Anand Jitendrabhai Chovatiya
- Mrs. Sheetalben Anand Chovatiya
Promoters Holding
Holding Pre Issue
94.53%
Holding Post Issue
61.16%
Jivial Industries IPO Objective
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
Jivial Industries Limited Address / Contact Details
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
Jivial Industries IPO Lot Size
The Jivial Industries IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹2,35,200 by applying for 2 lot (1,200 shares). The maximum application allowed for the retail category is 2 lots (1,200 shares), requiring an investment of ₹2,35,200.
| 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 |
Issue Reservation
- QIB — 28.83%
- NII — 20.67%
- RII — 50.5%
Book Running Lead Managers
- Corporate Makers Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Jivial Industries IPO?
Jivial Industries IPO is a Fixed price IPO with a total issue size of ₹32 crore. The Jivial Industries IPO price band is ₹196 to 196 per share. The Jivial Industries IPO subscription opens on Tue, Jun 23, 2026, and closes on Thu, Jun 25, 2026. The Jivial Industries IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Jivial Industries IPO.
When will the Jivial Industries IPO open for subscription?
The Jivial Industries IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026
What is Jivial Industries IPO Price Band?
Jivial Industries IPO Price Band is ₹196 to 196 per share.
What is Jivial Industries IPO Lot Size?
Jivial Industries IPO lot size is 600 shares, Retail investors need a minimum investment of ₹235200 based on the upper price band
What is the minimum investment for Jivial Industries IPO?
The minimum investment for Jivial Industries IPO is ₹235200, based on one lot of 600 shares at the upper price band of ₹196 per share.
How to apply for Jivial Industries IPO?
Investors can apply for the Jivial Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 25, 2026. The application amount remains blocked until the Jivial Industries IPO allotment is finalized.
What is Jivial Industries IPO Issue Size?
Jivial Industries IPO issue size is ₹32 crores.
What is the Jivial Industries IPO Allotment Date?
Jivial Industries IPO allotment date is Mon, Jun 29, 2026.
Who is the Jivial Industries IPO Registrar?
The registrar for Jivial Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Jivial Industries IPO allotment status, refund processing, and other IPO-related information.
What is the Jivial Industries IPO GMP?
The Jivial Industries IPO GMP (Grey Market Premium) is ₹0 as of Wed, Jul 1, 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 0.00% over the issue price.
Who is the Jivial Industries IPO Lead Manager?
The book-running lead managers (BRLMs) for the Jivial Industries IPO are Corporate Makers Capital Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Jivial Industries IPO Red Herring Prospectus (RHP).