Jivial Industries was incorporated on June 23, 2021. The company manufactures finished aluminium railings and fixtures from extruded aluminium profiles and castings, customized to customer specifications. Its product portfolio includes glass-supporting railings, handrails, and various aluminium fixtures used in balconies, partitions, façades, and other architectural applications
| Bidding Dates |
|---|
| 23 Jun 2026 - 25 Jun 2026 |
| Subscription |
|---|
| 0.93x Undersubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,35,200 | 2 | 2 | 600 | 1.6 M | ₹196 | 61.17 % | ₹319.9 M | RHP DOC |
Jivial Industries IPO SUBSCRIPTION STATUS
25 Jun '26Jivial Industries IPO overall subscription rate was 0.93 times the total available shares
Jivial Industries IPO retail subscription rate was 0.27 times in the retail segment
Jivial Industries IPO non-institutional investor subscription rate was 1.59 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
25 Jun 2026 (Day 3) | 0.27x | 1.59x | - |
24 Jun 2026 (Day 2) | 0.09x | 0.66x | - |
23 Jun 2026 (Day 1) | 0.03x | 0.66x | - |
Jivial Industries FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY26 | 12.1 | 2.9 | -0.1 | -1.5 | 31.1% |
| FY25 | 12.0 | 3.0 | 1.0 | 0.2 | 31.2% |
| FY24 | 11.1 | 2.4 | 0.6 | -0.5 | 27.8% |
| FY23 | 8.4 | 1.2 | 0.2 | 0.1 | 17.0% |
Jivial Industries IPO SUBSCRIPTION STATUS DETAILS
Jivial Industries had 1.6 M shares on offer
Jivial Industries IPO offer price was ₹196
Jivial Industries IPO minimum Investment was ₹235200
Jivial Industries IPO issue size was ₹ 319.9 M
Jivial Industries had a minimum lot size of 600 Shares per application
Jivial Industries NUMBER OF SHARES ON OFFER
Jivial Industries IPO IMPORTANT DATES
| Issue Open Date | 23 Jun 2026 |
| Issue close Date | 25 Jun 2026 |
| Allotment Date | 29 Jun 2026 |
| Refund Date | 30 Jun 2026 |
| Demat Account Credit Date | 30 Jun 2026 |
| Listing Date | 01 Jul 2026 |
| Listing on Exchange(s) | BSE |
| Jivial Industries Allotment Status | Exchange/ Registrar |
Jivial Industries IPO subscription opened on 23 Jun 2026, and closed on 25 Jun 2026
IPO allotment for Jivial Industries was finalized on Monday, 29 Jun 2026
IPO listing for Jivial Industries was on BSE on Wednesday, 01 Jul 2026
Jivial Industries IPO LISTING GAINS
| Issue Price (adjusted) | 196.0 |
| Listing Open Price | 156.8 |
| Listing Close Price | 161.7 |
| Listing Gain% | -20.0% |
| Current Gain% | -59.2% |
Jivial Industries Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jivial Industries Ltd. | 79.9 | 37.3 | 9.9 | 0.4 | 2.1 | 30.1 | 23.2 | 17.7 | 47 | 3.8 | 26.3 | 8 | 26.3 |
| Hindalco Industries Ltd. | 1059.6 | 238116.1 | 14.5 | -4.6 | 0.8 | 9.8 | 3.8 | 277833 | 15.2 | 13391 | -16.3 | 73 | -3.1 |
| Vedanta Aluminium Metal Ltd. | 470 | 183807.8 | 0 | -192.6 | 0 | 0 | -28.4 | ||||||
| Vedanta Ltd. | 278.8 | 109041.2 | 5.5 | 0.2 | 1 | 35 | 7.4 | 79987 | -48.9 | 17391 | 16 | 50.3 | 35.1 |
| National Aluminium Company Ltd. | 381 | 69975.7 | 10.4 | 0.6 | 3.6 | 26.8 | 21.8 | 18508.9 | 8 | 5797 | 10 | 36.8 | 17.8 |
| CMR Green Technologies Ltd. | 225.6 | 4941.9 | 13.9 | 5.5 | 8659.2 | 29.3 | 212.4 | 49.1 |
Jivial Industries INFORMATION ON IPO ISSUE
About Jivial Industries
Jivial Industries was incorporated on June 23, 2021. The company manufactures finished aluminium railings and fixtures from extruded aluminium profiles and castings, customized to customer specifications. Its product portfolio includes glass-supporting railings, handrails, and various aluminium fixtures used in balconies, partitions, façades, and other architectural applications
Object of the Issue
- Purchase of new machineries
- Capital expenditure for renovation of manufacturing facility
- To meet out the general corporate purposes
Jivial Industries - PROMOTERS
| Name |
|---|
| Anand Jitendrabhai Chovatiya |
| Sheetalben Anand Chovatiya |
Jivial Industries - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Anand Jitendrabhai Chovatiya | Chairman & Managing Director |
| Sheetalben Anand Chovatiya | Executive Director |
| Harsh Maheshbhai Varsani | Non- Executive- Independent Director |
| Yogeshbhai Kantilal Trivedi | Non- Executive- Independent Director |
| Bhavik Jamanbhai Gadhiya | Non- Executive- Independent Director |
Jivial Industries Book Running Lead Manager
Corporate Makers Capital Limited
info@corporatemakers.in
Jivial Industries Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Jivial Industries Strengths
Brand reputation
The company has established a strong reputation in the aluminium railing industry through its focus on quality, innovation, and customer satisfaction. Its durable and customizable products, supported by reliable service and timely delivery, have helped expand its customer base and strengthen its market presence
Strong customer base
The company has developed a broad customer base across multiple regions through its network of retailers and contractors. Its efficient supply chain and reliable product availability enable it to serve a wide range of residential and commercial projects while ensuring timely delivery
Strong financials
The company has demonstrated consistent revenue growth and profitability, supported by strong customer retention, efficient cost management, and strategic market expansion. Its focus on quality, operational resilience, and scalable growth has strengthened its position as a reliable player in the logistics industry
Jivial Industries Risks
Order execution risks
The company may face risks from customer order modifications, cancellations, delays in acceptance, or payment defaults, particularly as sales are largely based on purchase orders rather than long-term contracts. Such events could disrupt operations, impact cash flows, and adversely affect the company’s financial performance
Competition
The company operates in a highly competitive market with the presence of both organised and unorganised players, leading to pressure on pricing, margins, and market share. Any inability to maintain product quality, customer satisfaction, and competitive positioning could adversely affect its business operations, profitability, and financial condition
Operational risks
The company’s operations depend on effective internal controls and monitoring systems to prevent operational errors, fraud, and compliance failures. Any significant weakness or failure in these controls could result in financial losses, inaccurate reporting, operational disruptions, and reputational damage, adversely affecting business performance
IPO FAQs
This IPO consists of an offer for sale of up to Rs 5.3 crore, of 272,400 shares. It also consists of a fresh issue of Rs 26.6 crore.
The promoters of the company are Anand Jitendrabhai Chovatiya and Sheetalben Anand Chovatiya.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 196.0 - 196.0.
The IPO application opens on Jun 23, 2026 and closes on Jun 25, 2026.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 235,200.0, the maximum value for this IPO is Rs 235,200.0.
This IPO will be allotted on Jun 29, 2026.
The refund will be credited to your account on Jun 30, 2026.
The allotted shares will be credited to your demat on Jun 30, 2026.
Jivial Industries Ltd.’s shares listed on the stock exchanges on Jul 01, 2026.