IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 0.00x | 2,392,600 | 0 | ₹47 Cr |
| NII (HNI) | 1.57x | 775,200 | 1,218,600 | ₹15 Cr |
| Retail | 0.22x | 775,200 | 169,200 | ₹15 Cr |
| Market Maker | — | 81,600 | — | ₹2 Cr |
| Σ Total | 0.93x | 1,550,400 | 1,443,000 | ₹30 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹117,600 |
| Retail (Max) | 13 | 7,800 | ₹1,528,800 |
| S-HNI (Min) | 14 | 8,400 | ₹1,646,400 |
| B-HNI (Min) | 67 | 40,200 | ₹7,879,200 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 12 | 11 | 8 |
| EBITDA | 4 | 3 | 1 |
| Profit After Tax | 3 | 2 | 1 |
| Net Worth | 9 | 6 | 2 |
| Total Assets | 10 | 7 | 10 |
| Reserves & Surplus | 5 | 2 | 2 |
| Total Borrowing | 0 | 0 | 0 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Purchase of new machineries – 14.40
- Capital expenditure for renovation of manufacturing facility – 4.00
- General Corporate Purposes – 3.99
- Issue Expenses – 4.25
Company Overview
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.
The company specialises in producing over 50 variants of aluminium railings, stainless steel glass railings, and partition systems, primarily serving builders, architects, and contractors across India and 20+ global markets.
The company serves key real estate hubs across India, such as Rajasthan, Mumbai, and Gujarat, and exports internationally to the UAE, Saudi Arabia, UK, USA, and Australia.
They manufacture mainly two types of railings: (i) Continuous Profiles, used for holding the glass at the bottom and (ii) Handrails for holding the glass at the top, along with a design for hand support.
Products:
- Aluminium Hand Railings
- Aluminum railing
- Aluminum Spigots
- Aluminium Conceal
- Aluminium Bend
The company's manufacturing unit is situated in Rajkot, Gujarat.
As of May 31, 2026, the company has 19 full-time permanent employees.
Business Strengths:
- Strong Brand reputation
- Strong financials
- Strong Customer Base
- Experienced Management