GMP IPO Watch
Jivial Industries IPO 2026: Aluminium Railing Manufacturer Opens SME Issue Amid Growing Infrastructure Demand
Jivial Industries IPO has entered the SME market with plans to strengthen its manufacturin...
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J
SME IPO
LISTED
BSE SME
JIVIAL
Jivial Industries IPO
Jivial Industries IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹-39.2
-20.0%
Est. Listing: ₹156.80
Price Band
₹196
Per equity share
Lot Size
600 Shares
Min Invest: ₹2,35,200
Issue Size
₹31.99 Cr
Total Public Offering
Issue Dates
22 June 2026 – 24 June 2026
Bidding period
Subscription
0.93x
Total overall demand
Jivial Industries IPO Details
Key facts at a glance| IPO Open Date | 22 June 2026 | IPO Close Date | 24 June 2026 |
|---|---|---|---|
| Basis of Allotment | 28 June 2026 | Listing Date | 30 June 2026 |
| Price Band | ₹196 per share | Face Value | ₹10 per share |
| Market Lot Size | 600 Shares | Min Investment (Retail) | ₹2,35,200 |
| Total Issue Size | ₹31.99 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Jivial Industries IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 22 June 2026 | Confirmed |
| IPO Close Date | 24 June 2026 | Confirmed |
| Basis of Allotment | 28 June 2026 | Tentative |
| Initiation of Refunds | 30 June 2026 | Tentative |
| Credit of Shares to Demat | 30 June 2026 | Tentative |
| IPO Listing Date | 30 June 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 25 June 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Jivial Industries IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 1,200 Shares | ₹2,35,200 |
| Retail (Max) | 2 Lots | 1,200 Shares | ₹2,35,200 |
| S-HNI (Min) | 3 Lots | 1,800 Shares | ₹3,52,800 |
| S-HNI (Max) | 8 Lots | 4,800 Shares | ₹9,40,800 |
| B-HNI (Min) | 9 Lots | 5,400 Shares | ₹10,58,400 |
Jivial Industries IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹-39.2 -20.0%
Estimated Listing Price
₹156.80
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 25 Jun 2026 | ₹0 | ₹196.00 | +0.00% |
| 24 Jun 2026 | ₹0 | ₹196.00 | +0.00% |
| 23 Jun 2026 | ₹0 | ₹196.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Jivial Industries IPO Subscription Status
Demand breakdown by investor category
Retail
0.22x
QIB
0.00x
NII / HNI
—
Total
0.93x
About Jivial Industries
Jivial Industries Limited manufactures finished aluminium railings and aluminium fixtures used in glass installations for partitions, balconies, viewing windows and building façades. The company processes unfinished extruded aluminium railings and aluminium castings into customised products based on customer specifications. Its key offerings include continuous profiles, which support glass from the bottom, handrails that hold glass from the top and provide hand support, and aluminium fixtures such as spigots, brackets, jointers, locks, bends, conceals and end caps. The manufacturing process involves cutting, drilling, anodising, buff polishing and powder coating. The company primarily serves construction companies, architects, interior designers, glass providers and fabricators across India. Revenue is generated mainly from the sale of aluminium railings and related fixtures, with aluminium railings contributing a significant share of operating revenue. The company has also obtained three patents for unique spigot designs developed by its promoter.
Key Strengths
- Manufactures customised aluminium railings and fixtures for glass installations based on customer requirements.
- Offers a diversified product range including continuous profiles, handrails and supporting aluminium fixtures.
- Holds three patents for unique spigot designs developed by its promoter.
- Serves customers across India, including construction companies, architects, interior designers and fabricators.
- The manufacturing facility is supported by ISO 9001:2015 and ISO 14001:2015 certifications
Key Risks
- The company depends on external suppliers for key raw materials, and aluminium price fluctuations can impact profitability.
- A large share of revenue comes from aluminium railings, making the business dependent on a single product category.
- The company operates mainly on purchase orders and does not have long-term contracts with customers.
- Revenue is concentrated among a limited number of customers, with the top 10 customers contributing a significant portion of sales.
- The business faces intense competition from both organised and unorganised players in the market.
Jivial Industries IPO Reservation & Share Quotas
Jivial Industries IPO has reserved shares for different investor categories in accordance with applicable SME IPO regulations. The allocation structure is designed to provide participation opportunities primarily for retail and non-institutional investors.
Since this is a fixed price SME issue, no separate allocation has been earmarked for Anchor Investors or Qualified Institutional Buyers (QIBs). The majority of the issue is equally distributed between the Retail Individual Investor (RII) and Non-Institutional Investor (NII) categories.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Excluding Anchor) | – Shares | -% |
| Non-Institutional Investors (NII) | 7,75,200 Shares | 47.50% |
| Retail Individual Investors (RII) | 7,75,200 Shares | 47.50% |
Jivial Industries IPO Important Dates
Jivial Industries IPO will remain open for subscription from June 23, 2026, to June 25, 2026. Investors can submit their bids during the subscription period and modify or revise their applications before the issue closes.
After the closure of the issue, the basis of allotment is expected to be finalized on June 29, 2026. Successful applicants will receive shares in their demat accounts before the company is scheduled to list on the BSE SME platform.
| IPO Activity | Date |
|---|---|
| Jivial Industries IPO Open Date | June 23, 2026 |
| Jivial Industries IPO Close Date | June 25, 2026 |
| Basis of Allotment | June 29, 2026 |
| Refund Initiation | June 30, 2026 |
| Credit of Shares to Demat Account | June 30, 2026 |
| Jivial Industries IPO Listing Date | July 1, 2026 |
| IPO Bidding Cut-off Time | June 25, 2026 – 5:00 PM |
Jivial Industries IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Jun 2026 |
| IPO Close Date | 25 Jun 2026 |
| Basis of Allotment | 29 Jun 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 01 Jul 2026 |
Note: The timeline for জীবী শিল্প IPO is tentative and subject to change.
Jivial Industries Objects of the Issue & Utilisation of Proceeds
Jivial Industries Limited intends to utilize the proceeds raised from the IPO to strengthen its manufacturing capabilities and improve operational efficiency. The company plans to invest in modern machinery and upgrade its existing production infrastructure to support future growth.
A significant portion of the issue proceeds will be allocated toward the purchase of new machinery, while additional funds will be used for renovating the existing manufacturing facility. These investments are expected to enhance production capacity, improve productivity, and support long-term business expansion.
| Purpose | Amount |
|---|---|
| Purchase of New Machineries | ₹14.40 Cr. |
| Capital Expenditure for Renovation of Manufacturing Facility | ₹4.00 Cr. |
| General Corporate Purposes | ₹- |
Jivial Industries Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Jivial Industries Company Financial Report
Jivial Industries Limited has reported consistent growth in revenue and profitability over the last few financial years. The company's financial performance reflects expanding business operations, improved earnings, and a stable asset base, which are important factors considered by investors evaluating the IPO.
The company has shown steady improvement in Profit After Tax (PAT) while maintaining controlled expenses. The latest financial figures indicate continued business growth and operational stability ahead of the public issue.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹8.40 Cr. | ₹6.98 Cr. | ₹1.17 Cr. | ₹10.25 Cr. |
| 2024 | ₹11.06 Cr. | ₹8.12 Cr. | ₹2.41 Cr. | ₹6.94 Cr. |
| 2025 | ₹12.07 Cr. | ₹8.48 Cr. | ₹2.97 Cr. | ₹10.25 Cr. |
| December 2025 | ₹12.20 Cr. | ₹8.59 Cr. | ₹2.95 Cr. | ₹14.11 Cr. |
Jivial Industries Company Financial Report
To Be Updated Soon
Jivial Industries Company Valuation & Key Performance Indicators
To Be Updated Soon
Jivial Industries Peer Group Comparison
To Be Updated Soon
Jivial Industries IPO FAQs
Jivial Industries IPO opens for subscription on 22 June 2026 and closes on 24 June 2026.
The price band for Jivial Industries IPO is set at ₹196.00 per share.
The minimum market lot size is 600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 1,200 Shares (₹2,35,200).
The latest Grey Market Premium (GMP) for Jivial Industries IPO is ₹-39.20. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Jivial Industries IPO is tentatively scheduled for 28 June 2026, and shares are expected to list on the stock exchanges on 30 June 2026.
The registrar details will be confirmed in the official prospectus.
Jivial Industries IPO Analysis & Articles
