Jivial Industries IPO Subscribed 0.93 Times on Day 3

No image 5paisa Capital Ltd - 2 min read

Last Updated: 25th June 2026 - 05:31 pm

Jivial Industries Limited's initial public offering (IPO) closed its three-day subscription window at 0.93 times overall subscription by 5:14 PM on Day 3 (June 25, 2026). The ₹31.99 crore fixed price issue at ₹196 per share received bids for 14,43,000 shares against 15,50,400 shares on offer, with total applications reaching 330.

Subscription Status of Jivial Industries IPO

Date NII Retail Total
Day 1 (June 23) 0.00 0.01 0.07
Day 2 (June 24) 0.59 0.10 0.35
Day 3 (June 25) 1.57 0.22 0.93

Here are the subscription details for Jivial Industries IPO Day 3, as of 5:04 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total Amount 
(₹ Cr.)
Market Maker 1.00 81,600 81,600 1.60
NII 1.57 7,75,200 12,18,600 23.88
Individual Investors 0.22 7,75,200 1,69,200 3.32
Total 0.93 15,50,400 14,43,000 14,43,000

Key Highlights – Day 3

  • Overall subscription reached 0.93 times, improving from Day 2's 0.35 times, driven by NII demand crossing full subscription on the final day.
  • Non-institutional investors crossed full subscription at 1.57 times, surging from Day 2's 0.59 times, reflecting HNI interest in this aluminium railings manufacturing SME IPO on the closing day.
  • Individual investors improved to 0.22 times from Day 2's 0.10 times, though participation remained well below full subscription.
  • Total applications reached 330 on Day 3.
  • This is a fixed price IPO with no QIB category; participation is limited to NII and individual investors.

Key Highlights – Day 2

  • Overall subscription reached 0.35 times, improving from Day 1's 0.07 times.
  • Non-institutional investors improved to 0.59 times from Day 1's negligible level.
  • Individual investors improved marginally to 0.10 times from Day 1's 0.01 times.

Key Highlights – Day 1

  • Overall subscription reached 0.07 times on Day 1 (June 23, 2026), reflecting very subdued initial investor interest in this aluminium railings manufacturing SME IPO.
  • Non-institutional investors showed no meaningful participation on Day 1.
  • Individual investors showed negligible participation at 0.01 times on Day 1.

About Jivial Industries

Incorporated in 2021, Jivial Industries Limited manufactures finished aluminium railings and fixtures for glass partitions, balconies, viewing windows, and building façades, serving construction companies, architects, interior designers, and fabricators across India. The company operates from a manufacturing facility in Rajkot, Gujarat, and exports to Oman, with a strong presence in Gujarat, Maharashtra, and Chhattisgarh. As of August 31, 2025, the company had 18 permanent employees.

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