Jivial Industries IPO
Bookbuilding IPO | ₹32.00 Cr | Listing at BSE, NSE
Closed
IPO Open
Tue, Jun 23, 2026
IPO Close
Thu, Jun 25, 2026
Price Band
₹196.00 to ₹196.00
Market Cap (Pre-IPO)
₹91.52 Cr
IPO Details
| IPO Date | Jun 23, 2026 to Jun 25, 2026 |
| Listing Date | Tentative: Jul 01, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹196.00 to ₹196.00 |
| Lot Size | 600 Shares (Minimum: ₹117,600.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹32.00 Crores |
| Total Shares Offered | 1,632,000 shares |
| Fresh Issue | 1,278,000 shares |
| Offer For Sale | 272,400 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 0.00x |
| NII | 0.01x |
| Total | 0.00x |
Jivial Industries IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 7,75,200 |
| NII Shares Offered | 775200 |
Jivial Industries IPO Lot Size
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 | ₹235,200 |
| Retail (Max) | 2 | 1,200 | ₹235,200 |
| S-HNI (Min) | 3 | 1,800 | ₹352,800 |
Jivial Industries Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 14.11 | 10.25 | 6.94 | 2.16 |
| Total Income | 12.20 | 12.07 | 11.06 | 8.40 |
| Profit After Tax | 2.95 | 2.97 | 2.41 | 1.17 |
| EBITDA | 3.76 | 3.75 | 3.08 | 1.42 |
| NET Worth | 11.66 | 8.72 | 5.75 | 1.53 |
| Reserves and Surplus | 8.35 | 5.41 | 2.44 | 1.52 |
| Total Borrowing | 1.23 | 0.38 | 0.44 | 0.18 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 41.09% |
| ROCE (Return on Capital Employed) | 47.12% |
| Debt/Equity | 0.04 |
| RoNW (Return on Net Worth) | 41.09% |
| PAT Margin (Profit After Tax Margin) | 24.75% |
| EBITDA Margin | 31.23% |
| Price to Book Value | 7.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.98 | 8.42 |
| P/E (x) | 21.83 | 23.29 |
| Promoter Holding | 94.53% | 61.16% |
Company Promoters
- Mr. Anand Jitendrabhai Chovatiya and Mrs. Sheetalben Anand Chovatiya are the promoters of the company.
Company Overview
Jivial Industries – Company Overview
- Incorporated in 2021, Jivial Industries Limited is engaged in the manufacturing of finished aluminium railings and fixtures using unfinished extruded aluminium profiles and aluminium castings.
- The company designs and manufactures aluminium railing systems used in glass partitions, balconies, viewing windows, and building façades for residential, commercial, and infrastructure projects.
- Its product portfolio includes continuous profiles, handrails, spigots, conceals, bends, brackets, jointers, locks, and endcaps.
- The company serves a diverse customer base comprising construction companies, architects, interior designers, glass providers, and fabricators across India.
- Jivial Industries has a strong market presence in Gujarat, Maharashtra, and Chhattisgarh, while also serving customers across multiple states including Rajasthan, Delhi, Karnataka, Kerala, Telangana, Tamil Nadu, Uttar Pradesh, West Bengal, Punjab, Odisha, and others.
- The company also generates a small portion of its revenue from exports to Oman.
- Its manufacturing facility is located in Rajkot, Gujarat, and the company is expanding its operations through a second manufacturing unit to increase production capacity and support backward integration through aluminium extrusion.
- As of August 31, 2025, the company had 18 full-time permanent employees.
Company Strengths
- Strong Brand reputation
- Strong financials
- Strong Customer Base
- Experienced Management
Use of Proceeds
| 1) | Purchase of new machineries | 14.40 |
| 2) | Capital expenditure for renovation of manufacturing facility | 4.00 |
| 3) | General Corporate Purposes | 3.99 |
| 4) | Issue Expenses | 4.25 |
| Total | 26.65 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Jivial Industries IPO Peer Comparison
Jivial Industries peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Jivial Industries Ltd. | 8.98 | - | 26.33 | 21.83 | 41.09 | 7.54 | - |
| Anb Metal Cast Limited | 20.15 | - | 83.09 | 24.86 | 32.44 | 6.04 | Standalone |
| Euro Panel Products Ltd | 11.10 | - | 65.61 | 16.05 | 18.50 | 2.74 | Standalone |
| Sudal Industries Ltd | -1.08 | - | 28.48 | - | 2.39 | 1.39 | Standalone |
Quick Info
| Sector | manufacturing and capital goods |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹91.52 Cr |
Important Dates
| IPO Open | Jun 23, 2026 |
| IPO Close | Jun 25, 2026 |
| Allotment Date | Jun 29, 2026 |
| Credit to Demat | Jun 30, 2026 |
| Listing Date | Tentative: Jul 01, 2026 |
Lead Manager(s)
Corporate Makers Capital Ltd.
Registrar
Bigshare Services Pvt.Ltd
+91-22-6263 8200
Description
- IPO Type: Fixed price issue aggregating to ₹31.99 crores.
- Issue Structure: Combination of a fresh issue of 0.14 crore shares totaling ₹26.65 crores and an offer for sale of 0.03 crore shares totaling ₹5.34 crores.
- IPO Dates: The issue opens on June 23, 2026 and closes on June 25, 2026.
- Allotment Date: The allotment is expected to be finalized on June 29, 2026.
- Listing Details: The shares are proposed to be listed on BSE Limited SME on July 1, 2026.
- Retail Investment Requirement: Minimum 2 lots (1,200 shares) amounting to approximately ₹1,17,600.
- HNI Investment Requirement: Minimum 3 lots (1,800 shares) totaling around ₹3,52,800.
- Issue Price: ₹196 per equity share.
- Lot Size: 600 shares per lot.
This IPO offers investors an opportunity to participate in the industrial manufacturing sector through a combination of a fresh issue and an offer for sale of shares.