Jivial Industries IPO GMP & Allotment
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.
- IPO Price Band
- ₹196.00 - ₹196.00
- Lot Size
- 600 Shares
- Bidding Closes
- 25 Jun 2026
- Listing Date
- 01 Jul 2026
Jivial Industries IPO GMP Today & Key Takeaways
Jivial Industries IPO officially listed on 01 Jul 2026 at Rs 156.80, delivering a -20.00% listing gain compared to its issue price of Rs 196.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹-39.2.
Jivial Industries IPO officially listed on 01 Jul 2026 at ₹156.80, delivering a -20.00% listing gain compared to its issue price of ₹196.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹-39.2.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹-39.2 | -20% vs upper band (25 Jun 2026) |
| Est. Listing Price | ₹156.80 | -20.00% Est. Listing Gain |
| Price Band | ₹196.00 - ₹196.00 | SME IPO |
| Retail Minimum Investment | ₹2,35,200 | 2 Lot (600 Shares) |
| Bidding Window | 23 Jun 2026 – 25 Jun 2026 | Listed |
| Allotment & Listing Dates | Allotment: 29 Jun 2026 | Listing: 01 Jul 2026 |
Complete IPO information
| IPO Open Date | 23 Jun 2026 |
|---|---|
| IPO Close Date | 25 Jun 2026 |
| IPO Price Band | ₹196.00 - ₹196.00 |
| Lot Size | 600 Shares |
| Current GMP | ₹-39.2 |
| Estimated Listing Gain | -20.00% |
| Issue Size | Approx ₹31.99 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 0.93x |
| Minimum Investment | ₹2,35,200 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Jivial Industries is priced at ₹196 per share. With a minimum lot size of 600 shares, a retail investor applying for one lot would need approximately ₹2,35,200 to participate in this SME issue.
The latest recorded Grey Market Premium for Jivial Industries stands at ₹-39.2, implying an estimated listing gain of around -20.00% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Jivial Industries's IPO was subscribed 0.93x overall, with a category-wise breakdown of Retail 0.22x, QIB 0x.
Among the strengths highlighted in Jivial Industries's IPO documents: 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..
Investors should also weigh the risk factors Jivial Industries has disclosed, including: The company depends on external suppliers for key raw materials, and aluminium price fluctuations can impact profitability..
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 23 Jun 2026 | Completed |
| Bidding Closes | 25 Jun 2026 | Completed |
| Allotment | 29 Jun 2026 | Completed |
| Listing | 01 Jul 2026 | Completed |
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 25 Jun 2026 | ₹0.00 | - | 0.00% |
| 24 Jun 2026 | ₹0.00 | - | 0.00% |
| 23 Jun 2026 | ₹0.00 | - | 0.00% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 1,200 | ₹2,35,200 |
| Retail Maximum | 2 Lot | 1,200 | ₹2,35,200 |
| S-HNI Minimum | 3 Lot | 1,800 | ₹3,52,800 |
| S-HNI Maximum | 8 Lot | 4,800 | ₹9,40,800 |
| B-HNI Minimum | 9 Lot | 5,400 | ₹10,58,400 |
Objects of the Issue & Official Documents
Important takeaways before applying
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
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
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 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 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 Jivial Industries IPO is tentative and subject to change.
Jivial Industries IPO 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 IPO 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 Financials
To Be Updated Soon
Jivial Industries Company Valuation – FY2026
To Be Updated Soon
Jivial Industries IPO Peer Group Comparison
To Be Updated Soon
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Jivial Industries IPO FAQs
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