Fixed Price IPO | ₹32 Cr | Listed at BSE SME | Tue, Jun 23, 2026 - Thu, Jun 25, 2026
Jivial Industries IPO is a fixed issue price of ₹31.99 crores. The issue is a combination of fresh issue of 0.14 crore shares aggregating to ₹26.65 crores and offer for sale of 0.03 crore shares aggregating to ₹5.34 crores.
Jivial Industries IPO bidding started from Jun 23, 2026 and ended on Jun 25, 2026. The allotment for Jivial Industries IPO was finalized on Jun 29, 2026. Jivial Industries IPO will list on the BSE SME with a tentative listing date fixed as Jul 1, 2026.
Jivial Industries IPO is set final issue price at ₹196 per share. The lot size for an application is 600 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,17,600 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,52,800.
Corporate Makers Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd.
Refer to Jivial Industries IPO DRHP for detailed Information.
IPO Open
Tue, Jun 23, 2026
IPO Close
Thu, Jun 25, 2026
Issue Price
₹196 per share
Market Cap (Pre-IPO)
₹91.52 Cr
| IPO Date | 23 to 25 Jun, 2026 |
| Listed on | Wed, Jul 1, 2026 |
| Face Value | ₹10 per share |
| Issue Price | ₹196 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 16,32,000 shares (agg. up to ₹32 Cr) |
| Reserved for Market Maker | 81,600 shares Sunflower Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 12,78,000 shares (agg. up to ₹25 Cr) |
| Offer for Sale | 2,72,400 shares of ₹10 (agg. up to ₹5 Cr) |
| Net Offered to Public | 15,50,400 shares (agg. up to ₹30 Cr) |
| Share Holding Pre Issue | 33,10,000 shares |
| Share Holding Post Issue | 46,69,600 shares |
| BSE Script Code | 544805 |
| ISIN | INE0V3T01017 |
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 | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,75,200 | 50.00% | 47.50% |
| Retail Shares Offered | 7,75,200 | 50.00% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 81,600 | 5.00% | |
| Total Shares Offered | 16,32,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1,200 | ₹2,35,200 |
| Individual investors (IND) (Max) | 2 | 1,200 | ₹2,35,200 |
| HNI (Min) | 3 | 1,800 | ₹3,52,800 |
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:
| 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 ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Msafe Equipments Ltd. | SME | ₹66.42 Cr | ₹123 | 15.12 | ₹150.30 | +22.20% | ₹191.50 (-2.27%) |
| Kanishk Aluminium India Ltd. | SME | ₹29.20 Cr | ₹73 | 22.66 | ₹55.48 | -24.00% | ₹27.99 (+1.78%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Dec 19, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 28.93% | 41.09% |
| ROCE | 33.14% | 47.12% |
| Debt/Equity | 0.04 | |
| RoNW | 28.93% | 41.09% |
| PAT Margin | 24.33% | 24.75% |
| EBITDA Margin | 31.08% | 31.23% |
| Price to Book Value | 7.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.98 | 8.42 |
| P/E (x) | 21.83 | 23.29 |
| Promoter Holding | 94.53% | 61.16% |
| Market Cap | ₹91.52 Cr. |
The Jivial Industries IPO is subscribed 0.93 times on June 25, 2026 6:55:00 PM (Day 3). The public issue subscribed 0.22 times in the individual investors category, [.] times in the QIB category, and 1.57 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| NII* | 1.57 | 7,75,200 | 12,18,600 | 0 |
| Individual Investor | 0.22 | 7,75,200 | 1,69,200 | 0 |
| Total | 0.93 | 15,50,400 | 14,43,000 | 330 |
Total Applications: 330
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees, Fees Payable to Registrar to the Issue, Fees Payable to Statutory Auditor, Legal Advisors | 0.37 |
| 2 | Underwriting Commission, Brokerage and selling commission | 3.75 |
| 3 | Fees Payable for Advertising and Publishing Expenses, Payment for Printing & Stationery, Postage, etc. | 0.04 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.05 |
| 5 | Others (Commission/processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs and Miscellaneous Expenses) | 0.05 |
| Total | 4.25 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹196.00 |
| Open | ₹156.80 |
| Low | ₹149.50 |
| High | ₹164.60 |
| Last Trade | ₹161.70 |
Lead Manager Reports
Jivial Industries IPO is a SME IPO of 16,32,000 equity shares of the face value of ₹10 aggregating up to ₹32 Crores. The issue is priced at ₹196 per share. The minimum order quantity is 600.
The IPO opens on Tue, Jun 23, 2026, and closes on Thu, Jun 25, 2026.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Jivial Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Jivial Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jivial Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jivial Industries IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026.
Jivial Industries IPO lot size is 600, and the minimum amount required for application is ₹2,35,200, with 2 lots being the minimum application size.
You can apply in Jivial Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Jivial Industries IPO will be done on Monday, June 29, 2026, and the allotted shares will be credited to your demat account by Tue, Jun 30, 2026. Check the Jivial Industries IPO allotment status.
The Jivial Industries IPO listing date is on Wed, Jul 1, 2026.
