Jivial Industries IPO Details

SME BSE

Jivial Industries IPO Summary

Jivial Industries IPO opens for subscription on 23 Jun 2026 and closes on 25 Jun 2026.The IPO will be listed on BSE with the tentative listing date set for 01 Jul 2026.

Jivial Industries IPO price band has been fixed at ₹196 – ₹196 per share. The face value is ₹10 per share with a lot size of 600.

Jivial Industries IPO total issue size comprises 16,32,000 shares (aggregating up to ₹31.99 Cr). This includes a fresh issue of 13,59,600 shares (aggregating up to ₹26.65 Cr). Offer for Sale consists of 2,72,400 shares (aggregating up to ₹5.34 Cr). Pre-issue shareholding stands at 33,10,000, which will increase to 46,69,600 post-issue.

Jivial Industries IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

Jivial Industries IPO Lot Size :Individual Minimum is 2 lots (1,200 shares) amounting to ₹235,200. Individual Maximum is 2 lots (1,200 shares) amounting to ₹235,200. HNI Minimum is 3 lots (1,800 shares) amounting to ₹352,800.

The Lead Managers for Jivial Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Corporate Makers Capital Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Sunflower Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Jivial Industries Limited RHP.

Jivial Industries IPO Details

Listing Price : ₹156.8 at a Discount of 20%

Open Date

23 Jun 2026

Close Date

25 Jun 2026

Listing Date

01 Jul 2026

Issue Price

₹196 - ₹196

Face Value

₹10 per share

Lot Size

600 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Fixed Price Issue

Pre-issue Shareholding

33,10,000 shares

Post-issue Shareholding

46,69,600 shares

Total Issue Size

16,32,000 shares(aggregating up to ₹31.99 Cr)

Fresh Issue

13,59,600 shares(aggregating up to ₹26.65 Cr)

Offer for Sale

2,72,400 shares(aggregating up to ₹5.34 Cr)

Jivial Industries IPO Subscription

Jivial Industries IPO Application Wise Breakup

Jivial Industries IPO Dates

23 Jun 2026
Opening dateOpen
25 Jun 2026
Closing dateClose
29 Jun 2026
Allotment Date Allotment
30 Jun 2026
Initiation of RefundsRefund
30 Jun 2026
Credit of SharesCredit
01 Jul 2026
Listing dateListing

Jivial Industries IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	1200	₹235,200
Individual Maximum	2	1200	₹235,200
HNI Minimum	3	1800	₹352,800

Jivial Industries IPO Reservation

Promoter Holding

Pre Issue:

94.53%

Post Issue:

61.16%

Promoter Names:

Mr. Anand Jitendrabhai Chovatiya, Mrs. Sheetalben Anand Chovatiya

Documents

DRHP

Jivial Industries IPO DRHP

RHP

Jivial Industries IPO RHP

Jivial Industries IPO Valuations

ROE41.09%

ROCE47.12%

DEBT/EQUITY0.04

RONW41.09%

PAT MARGIN24.75%

Jivial Industries Financial Information

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	10.25	6.94	10.25
Total Income	12.07	11.06	8.40
Profit After Tax	2.97	2.41	1.17
EBITDA	3.75	3.08	1.42
NET Worth	8.72	5.75	1.53
Reserves and Surplus	5.41	2.44	1.52
Total Borrowing	0.38	0.44	0.18
Amount in ₹ Crore

About Jivial Industries IPO

Incorporated in 2021, Jivial Industries Limited is engaged in the manufacturing of finished aluminium railings and fixtures from unfinished extruded aluminium railings and unfinished aluminium castings.

They manufacture majorly two types of railings; (i) Continous Profiles, used for holding the glass at the bottom and; (ii) Handrails for holding the glass at the top along with design for hand support.

Products:

Aluminium Hand Railings
Aluminum railing
Aluminum Spigots
Aluminium Conceal
Aluminium Bend

As of August 31, 2025, the company has 18 full-time permanent employees.

Strength Of Jivial Industries IPO

Strong brand reputation.
Strong financials.
Strong customer base.
Experienced management.

Risk Of Jivial Industries IPO

The Company is dependent on external suppliers for its major raw materials, unfinished extruded aluminium railings and unfinished aluminium castings. The pricing of aluminium can be volatile and could adversely impact financial condition.
The company has not entered into any agreement or contract with its customers. The company work on purchase order basis with them. Its inability to maintain relationships with the company customers could has an adverse effect on its business, prospects, results of operations and financial condition.
The company generate a substantial portion of its revenue from Gujarat, Maharashtra and Chattisgarh, states of the company country. Any adverse developments affecting its operations in these states could has an adverse impact on the company revenues and results of operations.
The company has experienced negative cash flow in the past and may continue to does so in the future, which could has a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
The company product finished Aluminium Railings contributes significantly to its revenues from operation. Any loss of business from such product may adversely affect the company revenues and profitability.
The Company does not has any logo in its name, the company has acquired one logo by one of the promoters of the company through assignment deed any failures to get it renewal of such assignment deed may adversely affect its business.
As on December 31, 2025, the company is utilising almost 66.75% of its manufacturing capacities in certain processes which could limit the company growth and could has an adverse effect on its business, future prospects and future financial performance.
The company Promoters and Directors has extended mortgage over their properties along with personal guarantees with respect to various loan facilities availed by its Company. Revocation of any or all of these personal guarantees may adversely affect the company business operations and financial condition.
There is certain outstanding legal proceeding involving the company Promoter and Promoter Entities which may adversely affect its business, financial condition and results of operations.
The company business is operating under various laws which requires its to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and the company inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect the company business, prospects, results of operations and financial condition.

Objectives Jivial Industries IPO

1. Purchase of new machineries

2. Capital expenditure for renovation of manufacturing facility

3. General Corporate Purposes

Company Contact Details

Jivial Industries Ltd.
Shade No. A1/5,
Road C, Beside Daynamatic Forge,
AJI GIDC, Rajkot, AJI Industrial Estate,
Rajkot, Gujarat, 360003
Phone: +91-8469022953
Email: cs@jivialrailings.com
Website: http://www.jivialrailings.com/

Registrar Contact Details

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

Market Maker

Jivial Industries FAQs

The Jivial Industries IPO is a SME public issue comprising 1632000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹31.99 Cr. The issue price has been fixed at ₹196 per equity share, and the minimum application size is 600 shares.

The IPO opens for subscription on 23 Jun 2026, and closes on 25 Jun 2026.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Jivial Industries IPO opens on 23 Jun 2026.

Jivial Industries IPO lot size is 600, and the minimum amount required for application is ₹117600.

You may apply for the Jivial Industries IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Jivial Industries IPO is scheduled to be finalized on 29 Jun 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 30 Jun 2026. Investors are advised to regularly check the Jivial Industries IPO allotment status for updates.

The listing date for the Jivial Industries IPO has not yet been officially announced. However, the tentative listing date is scheduled for 01 Jul 2026.

Jivial Industries IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).