Jivial Industries IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 8.40 | 11.06 | 12.07 | 12.20 |
| Expense | 6.98 | 8.12 | 8.48 | 8.59 |
| Profit (PAT) | 1.17 | 2.41 | 2.97 | 2.95 |
| Total Assets | 10.25 | 6.94 | 10.25 | 14.11 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| ANB Metal Cast Ltd | 20.15 | 24.86 | 32.44 | 83.09 | 225.19 Cr |
| Euro Panel Products Ltd | 11.10 | 16.05 | 18.50 | 65.61 | 141.04 Cr |
| Sudal Industries Ltd | -1.08 | - | 2.39 | 28.48 | 181.51 Cr |
Promoters: Mr. Anand Jitendrabhai Chovatiya and Mrs. Sheetalben Anand Chovatiya
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 33,10,000 | 94.53% |
| Promoter Holding Post Issue | 46,69,600 | 61.16% |
Strengths & Risks
- Solid profit margin — 24.6%.
- Strong return on equity — 41%.
- Low leverage — debt/equity of 0.04.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Undersubscribed — only 0.18x overall at close.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Founded in 2006 in Rajkot, Gujarat, Jivial Industries Limited is a prominent manufacturer of finished aluminium railings and fixtures from Unfinished extruded aluminium railings and Unfinished aluminium castings. Its product offering consists of Aluminium Hand Railings, Aluminum railing, Aluminum Spigots, Aluminium Conceal, and Aluminium Bend. The firm makes 2 types of aluminium railings: 1) Continuous profiles, which hold glass from the bottom, and 2) Handrails that support the glass from the top. Some of the major strengths of Jivial Industries are a strong brand reputation, strong financials, a growing customer base, and an experienced management team. The company’s main aim is to offer high-quality interior and exterior railing solutions to meet the requirements of customers. The firm has over 18 full-time employees as of August 2025.
| Purpose | Amount (Cr) |
|---|---|
| Purchase of new machineries | 14.40 |
| Capital expenditure for renovation of manufacturing facility | 4.00 |
| General Corporate Purpose | - |
Resources & Documents
Jivial Industries Ltd., Shade No. A1/5,, Road C, Beside Daynamatic Forge,, AJI GIDC, Rajkot, AJI Industrial Estate,, Rajkot, Gujarat, 360003
Jivial Industries has fixed the issue price at Rs 196 per share for an issue size of Rs 32 crore. The stock listed with a 20.00% discount versus its issue price on July 01, 2026.
Founded in 2006 in Rajkot, Gujarat, Jivial Industries Limited is a prominent manufacturer of finished aluminium railings and fixtures from Unfinished extruded aluminium railings and Unfinished aluminium castings. Its product offering consists of Aluminium Hand Railings, Aluminum railing, Aluminum Spigots, Aluminium Conceal, and Aluminium Bend.
The issue is promoted by Mr. Anand Jitendrabhai Chovatiya and Mrs. Sheetalben Anand Chovatiya with Corporate Makers Capital Ltd. acting as lead manager. Net proceeds will primarily be used towards Purchase of new machineries (Rs 14 crore) and Capital expenditure for renovation of manufacturing facility (Rs 4 crore).
Current grey market activity shows a flat premium, indicating muted unofficial demand. Final subscription data records overall subscription at 0.18x, retail at 0.04x, QIB at 0.02x, NII at 0.76x.
On fundamentals, the company is posting revenue growth of 9.1%, a profit margin of 24.6%, return on equity of 41.1% in its most recent reported period. Listed peers in this segment include ANB Metal Cast Ltd (P/E 24.86x) and Euro Panel Products Ltd (P/E 16.05x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Jivial Industries IPO GMP — What It Means
The latest grey market premium for Jivial Industries IPO is ₹0. GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Jivial Industries it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Jivial Industries GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!