Jivial Industries Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Jivial Industries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹196
Per ShareLot Size
600 Shares
Minimum Investment
₹1,17,600
Issue Size
₹31.99 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Jivial Industries Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
94.53%
Promoter Holding (Post-Issue)
61.16%
Issue Type
Fixed Price - SME
ISIN
INE0V3T01017
About the Company
Our Company was originally incorporated as a Private Limited Company under the name of "Jivial Industries Private Limited" on June 23, 2021 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Ahmedabad. Further our Company was converted into Public Limited pursuant to resolution passed by our shareholders at Extra ordinary general meeting held on December 19, 2023 name of our company was changed from "Jivial Industries Private Limited" to "Jivial Industries Limited" and a fresh Certificate of Incorporation pursuant to conversion into public limited dated January 01, 2024 issued by the Registrar of Companies, Ahmedabad.
Industry Overview
The Indian market for architectural railings and partition systems is witnessing rapid growth, which is led by the country's fast-paced urbanisation, large-scale construction activity, and government-led infrastructure programs. As India consolidates its position as one of the world's most dynamic construction hubs, demand is shifting towards modern, durable, and aesthetically refined solutions. Residential real estate development, rising lifestyle aspirations, and a sharper focus on safety standards are all contributing to this momentum. Importantly, stricter compliance requirements and evolving consumer preferences are transforming railings and partitions from being purely functional elements to becoming integral design components of India's built environment. Within the wider building materials sector, this segment is emerging as a clear growth driver. The Architectural Railings and Partition Systems Industry in India forms a niche yet integral part of the broader building materials and construction ecosystem. It encompasses the design, manufacture, and installation of railing systems (balustrades, handrails, guardrails) and partition systems (glass, metal, modular) used in residential, commercial, institutional, and infrastructure projects.
Company History
Our Company was originally incorporated as a Private Limited Company under the name of "Jivial Industries Private Limited" on June 23, 2021 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Ahmedabad. Further our Company was converted into Public Limited pursuant to resolution passed by our shareholders at Extra ordinary general meeting held on December 19, 2023 name of our company was changed from "Jivial Industries Private Limited" to "Jivial Industries Limited" and a fresh Certificate of Incorporation pursuant to conversion into public limited dated January 01, 2024 issued by the Registrar of Companies, Ahmedabad.
Growth Strategy
- Expansion and new product manufacturing at manufacturing Facility unit-II.
- New marketing initiatives.
- Maintaining edge over competitors.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of up to 16,32,000 equity shares of face value of Rs. 10/- each of Jivial Industries Limited ("JIVIAL" or the "Company" or the "Issuer") for cash at a price of Rs. 196 per equity share including a share premium of Rs. 186 per equity share (the "Issue Price") aggregating to Rs. 31.99 Crores ("The Issue"), comprising of fresh issue of 13,59,600 equity shares aggregating to Rs. 26.65 Crores (the " Fresh Issue") and an offer for sale of 2,72,400 equity shares by Anand Jitendrabhai Chovatiya and Sheetalben Anand Chovatiya ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer For Sale") aggregating to Rs. 5.34 Crores, out of which 81,600 equity shares of face value of Rs.10/- each for cash at a price of Rs. 196 per equity share including a share premium of Rs. 186 per equity share aggregating to Rs. 1.60 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The public issue less the market maker reservation portion i.e. Net issue of 15,50,400 equity shares of face value of Rs.10/- each at a issue price of Rs. 196 per equity share including a share premium of Rs. 186 per equity share aggregating to Rs. 30.39 Crores is herein after referred to as the "Net Issue". The public issue and the net issue will constitute 34.95% and 33.20% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 19.60 times of the face value. Fixed price issue at Rs. 196/- per equity share. Minimum application size of 1,200 equity shares and in multiples of 600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Strong brand reputation.
- Strong financials.
- Strong customer base.
- Experienced management.
- The Company is dependent on external suppliers for its major raw materials, unfinished extruded aluminium railings and unfinished aluminium castings. The pricing of aluminium can be volatile and could adversely impact financial condition.
- The company has not entered into any agreement or contract with its customers. The company work on purchase order basis with them. Its inability to maintain relationships with the company customers could has an adverse effect on its business, prospects, results of operations and financial condition.
- The company generate a substantial portion of its revenue from Gujarat, Maharashtra and Chattisgarh, states of the company country. Any adverse developments affecting its operations in these states could has an adverse impact on the company revenues and results of operations.
- The company has experienced negative cash flow in the past and may continue to does so in the future, which could has a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
- The company product finished Aluminium Railings contributes significantly to its revenues from operation. Any loss of business from such product may adversely affect the company revenues and profitability.