Issue Price
₹196
Per Share
GMP
NIL
Grey Market
Est. Listing
₹196
Expected Price
Min. Application
₹235,200
2 lots × 600 shares
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 RailingsAluminum railingAluminum SpigotsAluminium ConcealAluminium BendThe 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 reputationStrong financialsStrong Customer BaseExperienced Management
Jivial Industries Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 2,392,600 | — | ₹46.89 Cr | 0.00x |
| NII / HNI | 775,200 | — | ₹15.19 Cr | 1.57x |
| Retail (RII) | 775,200 | — | ₹15.19 Cr | 0.22x |
| Market Maker | 81,600 | — | ₹1.60 Cr | — |
| TOTAL | 1,550,400 | 100.00% | ₹30.39 Cr | 0.93x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹117,600 |
| Retail (Max) | 13 | 7,800 | ₹1,528,800 |
| sNII (Min) | 14 | 8,400 | ₹1,646,400 |
| bNII (Min) | 68 | 40,800 | ₹7,996,800 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 12.07 | 11.06 | 8.40 |
| EBITDA | 3.75 | 3.08 | 1.42 |
| Profit After Tax (PAT) | 2.97 | 2.41 | 1.17 |
| Net Worth | 8.72 | 5.75 | 1.53 |
| Total Assets | 10.25 | 6.94 | 10.25 |
| Reserves & Surplus | 5.41 | 2.44 | 1.52 |
| Total Borrowings | 0.38 | 0.44 | 0.18 |