Jivial Industries IPO
Jivial Industries IPO Details
-
Open Date
23 Jun 2026
-
Close Date
25 Jun 2026
- IPO Price Range
₹ 196
- IPO Size
₹ 31.99 Cr
Jivial Industries IPO Timeline
Jivial Industries IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 23-June-2026 | - | 0.00 | 0.01 | 0.07 |
| 24-June-2026 | - | 0.59 | 0.10 | 0.35 |
| 25-June-2026 | - | 1.57 | 0.22 | 0.93 |
Last Updated: 03 July 2026 11:11 AM by 5paisa
Jivial Industries Limited was originally incorporated as Jivial Industries Private Limited on June 23, 2021. Jivial Industries is engaged in the manufacturing of finished aluminium railings and aluminium fixtures used for glass partitions, balconies, viewing windows, building facades and other architectural applications. Its product portfolio primarily includes continuous profiles, handrails and supporting fixtures such as spigots, brackets, jointers, locks and end caps. The company manufactures its products at its facility in Rajkot, Gujarat and serves construction companies, architects, interior designers, glass providers and fabricators across India.
The company has obtained three patents for its spigot designs and operates with certifications including ISO 9001:2015 and ISO 14001:2015.
Established in: 2021
Managing Director: Mr. Anand Jitendrabhai Chovatiya
Peers:
ANB Metal Cast Limited
Euro Panel Products Limited
Sudal Industries Limited
Jivial Industries Objectives
1. Purchase of new machineries
2. Capital expenditure for the renovation of the manufacturing facility
3. General corporate purposes
Jivial Industries IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹31.99 Cr |
| Offer For Sale | ₹5.34 Cr |
| Fresh Issue | ₹26.65 Cr |
Jivial Industries IPO Lot Size
| 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 |
Jivial Industries IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| Non-Institutional Buyers | 1.57 | 7,75,200 | 12,18,600 | 23.88 |
| Individual Investors (IND category bidding for 2 Lots) | 0.22 | 7,75,200 | 1,69,200 | 3.32 |
| Total** | 0.93 | 15,50,400 | 14,43,000 | 28.28 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 840.01 | 1,106.36 | 1,200.82 |
| EBITDA | 142.33 | 307.95 | 381.02 |
| PAT | 116.76 | 240.97 | 297.09 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 216.12 | 694.45 | 1,024.61 |
| Share Capital | 1.00 | 331.00 | 331.00 |
| Total Liabilities | 216.12 | 694.45 | 1,024.61 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 16.73 | (24.05) | 94.93 |
| Net Cash Generated From / (used in) Investing Activities | (11.35) | (111.63) | (75.44) |
| Net Cash Generated From / (used in) Financing Activities | 2.92 | 203.63 | (7.87) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 8.30 | 67.95 | 11.62 |
Strengths
1. Established manufacturer of aluminium railings, handrails and related fixtures used across residential and commercial construction projects.
2. Strong financial performance with consistent growth in revenue, EBITDA and profit after tax over the last three financial years.
3. Promoter-led business supported by experienced management, particularly in aluminium railing manufacturing and product development.
4. Diversified product portfolio comprising aluminium railings, handrails, spigots, brackets, jointers, locks, bends and endcaps.
Weaknesses
1. Significant dependence on third-party suppliers for unfinished aluminium extrusions and castings.
2. Manufacturing operations are concentrated in Gujarat, creating geographic concentration risk.
3. A large portion of raw material procurement is sourced from a limited region, which may expose the company to supply disruptions.
4. Business performance remains linked to the construction and real-estate sectors, which can be cyclical in nature.
Opportunities
1. Growing demand for premium aluminium railing systems in residential, commercial and infrastructure projects.
2. Capacity expansion plans at the proposed Unit-II facility could significantly increase production capabilities.
3. Entry into Glass Fibre Reinforced Polymer (GFRP) rebars may diversify revenue streams and expand the product portfolio.
4. Rising urbanisation, smart city initiatives and infrastructure development may support long-term demand growth.
Threats
1. Intense competition from organised and unorganised players in the aluminium products and building materials industry.
2. Volatility in aluminium prices may affect margins if cost increases cannot be passed on to customers.
3. Slowdowns in the real-estate or construction sectors could impact product demand.
4. Changes in government regulations, environmental norms or industry standards may increase compliance costs.
1. Strong financial track record with consistent growth in revenue, profitability and net worth over the last three financial years.
2. Diversified aluminium railing and fixture product portfolio serving multiple customer segments within the construction ecosystem.
3. Experienced promoter-led management team with expertise in aluminium product manufacturing.
4. Multiple patented product designs that strengthen differentiation and support innovation.
Jivial Industries operates in the aluminium railing and architectural hardware segment, catering to the growing requirements of the construction and infrastructure sectors. The company manufactures aluminium railings, handrails and related fixtures that are widely used in residential buildings, commercial complexes, balconies, facades and interior applications. Increasing urbanisation, infrastructure spending and the rising adoption of modern architectural solutions are supporting demand for such products across India.
The company has strengthened its market position through a diversified product portfolio, patented designs and relationships with distributors, architects, interior designers and construction contractors. Its presence across multiple states provides access to a broader customer base while reducing dependence on a single market.
- Companies
- Type
- Opening On
-
Sotefin Bharat
- SME
- 16th Jul
- Pre-Book
-
Caliber Mining
- Mainboard
- 17th Jul
- Pre-Book
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Jivial Industries IPO will open on 23 June 2026 and close on 25 June 2026.
The total size of the Jivial Industries IPO is ₹31.99 Cr.
The price band of the Jivial Industries IPO is fixed at ₹196 per share.
To apply for Merritronix IPO, follow the steps given below:
1. Login to your 5paisa demat account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Merritronix. IPO.
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
4. You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Jivial Industries IPO is of 1,200 shares and the investment required is ₹2,35,200.
The basis of allotment for Jivial Industries IPO is expected to be finalised on 29 June 2026.
The Merritronix IPO will likely be listed on July 1, 2026.
Corporate Makers Capital Limited is the Book Running Lead Manager to the Jivial Industries IPO.
Jivial Industries proposes to utilise the net proceeds from the fresh issue towards:
1. Purchase of new machineries.
2. Capital expenditure for the renovation of its manufacturing facility.
3. General corporate purposes.