| IPO Date | June 23, 2026 to June 25, 2026 |
| Listing Date | -- |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 196 to ₹ -- / Share |
| Lot Size | 600 Shares |
| Total Issue Size | 1632000 (Aggregating up to 32 ) |
| Fresh Issue | 1278000 (Aggregating up to 25 ) |
| Offer for Sale | 272400 (Aggregating up to 5 ) |
| Employee Discount | |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3310000 |
| Share holding post issue | 4669600 |
| Market Maker portion |
Jivial Industries IPO opens on June 23, 2026, and closes on June 25, 2026.
| IPO Open Date | June 23, 2026 |
| IPO Close Date | June 25, 2026 |
| Basis of Allotment | June 29, 2026 |
| Initiation of Refunds | June 30, 2026 |
| Credit of Shares to Demat | June 30, 2026 |
| Listing Date | -- |
| Cut-off time for UPI mandate confirmation | -- |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | |
| Retail (Max) | 2 | 1,200 | |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 1,800 |
| Share Holding Pre Issue | 3310000 |
| Share Holding Post Issue | 4669600 |
Jivial Industries IPO comprises a total issue size of 16,32,000 shares. The net offer to the public is 15,50,400 shares, after excluding 81,600 shares allotted on a firm basis. Of the Net offer 7,75,200 (50.00%) allocated to NII 7,75,200 (50.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 81600 |
5.00 |
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | 775200 50.00 |
47.50 |
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 775200 50.00 |
47.50 |
| Employee Shares Offered | |
|
| Total Shares Offered | 1632000 100.00 |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in 2021, Jivial Industries Limited manufactures finished aluminium railings and fixtures using unfinished extruded aluminium railings and unfinished aluminium castings.
The company designs and manufactures aluminium railing systems used for glass partitions, balconies, viewing windows, and building façades. Its product portfolio includes continuous profiles, handrails, spigots, conceals, bends, brackets, jointers, locks, and endcaps.
The company serves construction companies, architects, interior designers, glass providers, and fabricators across India. The company has established a customer base across India, with a strong presence in Gujarat, Maharashtra, and Chhattisgarh, which together contribute a significant portion of its revenue. In addition, the company has sales in Rajasthan and Delhi, while also serving customers across several other states, including Andhra Pradesh, Assam, Goa, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Mizoram, Telangana, Tamil Nadu, Uttar Pradesh, West Bengal, Jammu & Kashmir, Odisha, Punjab, and Meghalaya. The company also derives a small portion of its revenue from exports to Oman.
The manufacturing facility is located in Rajkot, Gujarat, and the company is expanding its operations through a second manufacturing unit to increase railing production capacity and support backward integration through aluminium extrusion.
As of August 31, 2025, the company had 18 full-time permanent employees.
Business Strengths:
| KPI | Values |
|---|---|
| ROE | 28.93 |
| ROCE | 33.14 |
| Debt/Equity | |
| RoNW | 28.93 |
| P/BV | 7.44 |
| PAT Margin (%) | 24.33 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.98 | 8.42 |
| P/E (x) | 21.83 | 23.29 |
Anand Jitendrabhai Chovatiya and Sheetalben Anand Chovatiya
Jivial Industries Ltd. Address Shade No.A1/5 Road C, Beside Daynamatic Forge AJI GIDC, Rajkot, AJI Industrial Estate Rajkot, Gujarat, 360003
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