Jivial Industries Limited is engaged in the manufacturing of finished aluminium railings and related architectural hardware products, converting unfinished extruded aluminium railings and aluminium castings into finished products.
The company offers 50+ product variants, including aluminium railings, stainless steel glass railings, partition systems, aluminium handrails, aluminium spigots, conceal profiles, and aluminium bends. Its products are mainly used in residential and commercial construction projects, serving builders, architects, contractors, and fabricators.
Jivial Industries has built a presence across major Indian markets including Gujarat, Rajasthan, and Mumbai, while also exporting products to 20+ international markets such as the UAE, Saudi Arabia, UK, USA, and Australia.
The manufacturing facility is located in Rajkot, Gujarat, where the company primarily manufactures continuous profiles and handrail systems used in modern glass railing installations.
As of May 31, 2026, the company had 19 full-time permanent employees.
Jivial Industries IPO – Details
| IPO Opening Date | 23 June 2026 |
| IPO Closing Date | 25 June 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 16,32,000 Shares Worth ₹31.99 Crore Fresh Issue: 13,59,600 Shares Worth ₹26.65 Crore Offer For Sale: 2,72,400 Shares Worth ₹5.34 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹196 per share |
| Market Lot | 600 Shares |
| Min Order | 600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Jivial Industries IPO – Date Schedule
| IPO Open Date | 23 June 2026 |
| IPO Close Date | 25 June 2026 |
| Basis of Allotment | 29 June 2026 |
| Initiation of Refund | 30 June 2026 |
| Credit of Shares to Demat | 30 June 2026 |
| IPO Listing Date | 01 July 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 25, 2026 |
Jivial Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,35,200 |
| Retail (Max) | 2 | 1200 | ₹2,35,200 |
| S-HNI (Min) | 3 | 1800 | ₹3,52,800 |
Competitive Strength
- Strong Brand reputation.
- Strong financials.
- Strong Customer Base.
- Experienced Management.
Company Promoters
- Mr. Anand Jitendrabhai Chovatiya
- Mrs. Sheetalben Anand Chovatiya
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹8.40 Cr | ₹6.98 Cr | ₹1.17 Cr | ₹0.18 Cr |
| 31 March 2024 | ₹11.06 Cr | ₹8.12 Cr | ₹2.41 Cr | ₹0.44 Cr |
| 31 March 2025 | ₹12.07 Cr | ₹8.48 Cr | ₹2.97 Cr | ₹0.38 Cr |
| 31 December 2025 | ₹12.20 Cr | ₹8.59 Cr | ₹2.95 Cr | ₹1.23 Cr |
Key Performance Indicator
| KPI | Values (Dec 31, 2025) |
|---|---|
| ROE | 28.93% |
| ROCE | 33.14% |
| RoNW | 28.93% |
| PAT Margin | 24.33% |
| EBITDA Margin | 31.08% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Purchase of new machineries. | ₹14.40 |
| Capital expenditure for renovation of the manufacturing facility. | ₹4.00 |
| General Corporate Purpose. | ₹3.99 |
| Issue Expenses. | ₹4.25 |
✅Strengths
- Wide product portfolio with 50+ railing variants.
- Presence in India + 20+ export markets.
- Strong demand from real estate & construction sector.
- In-house manufacturing facility in Rajkot.
⚠️Risks
- Revenue depends heavily on demand in the construction industry.
- Aluminium/steel price fluctuations may impact margins.
- Manufacturing concentrated at single facility in Gujarat.
- Faces competition from many organized & local players.
Jivial Industries IPO Promoter Holding
| Pre-Issue Share Holding | 94.53% |
| Post Issue Share Holding | 61.16% |
Jivial Industries IPO Prospectus
Company Contact Information
| Jivial Industries Limited Shade No. A1/5, Road C, Beside Daynamatic Forge, AJI GIDC, Rajkot, AJI Industrial Estate, Rajkot, Gujarat, 360003 Phone: +91-8469022953 Email: cs@jivialrailings.com Website: https://www.jivialrailings.com/ |
Jivial Industries IPO Registrar
| Bigshare Services Pvt. Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Jivial Industries IPO Lead Manager(s)
| 1. Corporate Makers Capital Ltd. |
Jivial Industries IPO FAQ
| What is the Jivial Industries IPO? Jivial Industries IPO is an SME IPO. The issue is priced at ₹196 per equity share. The IPO is to be listed on BSE SME. |
| When will Jivial Industries IPO open? The IPO is to open on 23 June 2026 for NII and Retail Investors. |
| What is Jivial Industries IPO Investors’ Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| What is the Jivial Industries IPO Size? Jivial Industries IPO size is ₹31.99 Crore. |
| What are the Jivial Industries IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 1200 Shares for ₹2,35,200, while the maximum bid is 4000 Shares for ₹2,35,200. |
| What is the Jivial Industries IPO Allotment Date? Jivial Industries IPO allotment date is 29 June 2026. |
| What is the Jivial Industries IPO Listing Date? Jivial Industries IPO listing date is 01 July 2026. The IPO is to be listed on the BSE SME. |
