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Jivial Industries

Jivial Industries

ManufacturingNSEBSESME IPO

Jivial Industries specializes in manufacturing of Aluminum railings and related products catering to small and medium level construction projects. Jivial Industries journey began in 2018 as a proprietorship firm Jivial Industries. It is the manufacturer and supplier of aluminum Extrusion Products like aluminum railing and stainless steel glass railing products in India. Jivial Industries is engaged in Manufacturing of high quality array of Aluminum Railings and Stainless Steel Glass Railing Products with different colors as per customer requirements. Their customers are wholesalers, architect, interior designers, builders, glass providers and fabricators. Jivial Industries supplying aluminum railing materials to all over India. With a focus on innovation and quality, their offerings are crafted to meet the unique preferences and requirements of their diverse customer base. Jivial Industries offers a

Issue Size₹31.98 CrFresh Issue
Open Date23 Jun 2026Tuesday
Close Date25 Jun 2026Thursday
GMP Today
₹00.0% Premium
Price Band
₹196 - ₹196Per Share
Lot Size
600 SharesMinimum Lot
Min. Investment₹235,200At Upper Band
Listing Date01 Jul 2026Wednesday
55/100
Moderate Research

Moderate fundamentals with elevated risk parameters

SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.

Plain-English Summary

What does the company do?

Jivial Industries is an SME IPO in the steel sector, with a price band of 196, and a lot size of 600 shares.

Why are investors interested?

The company's financials show revenue growth, but limited data makes it difficult to assess its financial health.

What should beginners watch out for?

The data for this IPO is limited, and some key information such as anchor investor data and subscription numbers are not available.

Key IPO Metrics

GMP Today

0

0.0%

Total Subscription

0.37x

Overall demand

Retail Subscription

0.13x

Retail Queue

QIB Subscription

568800x

Institutional Queue

NII (HNI) Subscription

0.6x

Non-Institutional

Anchor Book

0%

Subscribed

Listing Date (Tentative)01 Jul 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered0.16 Cr
Issue TypeBook Built Issue

SME Risk Radar

Market RegistryModerate

GYR Capital Market Maker

Financial Track RecordModerate

Merchant banker track record is not available.

Liquidity RiskModerate

Post-listing volume can be low. Trading takes place in large retail lots.

Business ConcentrationModerate

Top 5 customers account for more than 40% of revenues.

Corporate GovernanceModerate

Scale of operations is relatively small, with minor audit flags.

Business Overview

About the Company

Jivial Industries specializes in manufacturing of Aluminum railings and related products catering to small and medium level construction projects. Jivial Industries journey began in 2018 as a proprietorship firm Jivial Industries. It is the manufacturer and supplier of aluminum Extrusion Products like aluminum railing and stainless steel glass railing products in India. Jivial Industries is engaged in Manufacturing of high quality array of Aluminum Railings and Stainless Steel Glass Railing Products with different colors as per customer requirements. Their customers are wholesalers, architect, interior designers, builders, glass providers and fabricators. Jivial Industries supplying aluminum railing materials to all over India. With a focus on innovation and quality, their offerings are crafted to meet the unique preferences and requirements of their diverse customer base. Jivial Industries offers a

Industry

Steel

Cyclical with growth

Business Segments

Total Revenue₹12.01 Cr
Automotive
49%
Industrial
32%
Engineering
17%
Others
2%

Objects of the Issue

    Promoters

    Promoters group

    Whole-time Directors & Promoter group

    Lead Managers

    Registrar

    Bigshare Services Private Limited
    Bigshare Services Private Limited

    Issue & Valuation

    Issue Size31.98 Cr
    Post Issue McapTBA
    P/E (Upper)21.83x
    P/BV (Upper)1.5x
    EV/EBITDA16.9x

    Peer Snapshot (FY24)

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Jivial Industries (IPO)21.83x34.06%8.7%31.2%--
    Aanchal Ispat58x------₹140.865 Cr
    Adishakti Loha--------₹16.92 Cr
    Aditya Ultra19.43x------₹882.75 Cr
    AG Universal19.17x------₹77.745 Cr
    Chemtech Industrial150x------₹54.18 Cr
    Cosmic CRF35.64x------₹182.22 Cr
    Deem Roll14.46x------₹150.84 Cr
    Gabion Technologies17.04x------₹135.945 Cr
    Jay Bee17.03x--------
    Karbonsteel Engineering15.88x------₹409.575 Cr
    Kasturi Metal13.47x------₹96.09 Cr
    KP Green31.95x------₹311.79 Cr
    Krishca Strapping7.26x------₹103.92 Cr
    Mahabir Metallex250x------₹2.46 Cr
    Maiden Forgings8.38x------₹327.015 Cr
    Mangalam Alloys19.46x------₹454.38 Cr
    Mangalam Worldwide20.12x------₹784.545 Cr
    Mittal Sections34.27x------₹253.35 Cr
    MPK Steels13.29x------₹309.87 Cr
    MRC Exim150x------₹13.605 Cr
    Narayani Steels25x------₹753.705 Cr
    Newmalayalam Steel14.98x------₹462.63 Cr
    Paramount Speciality16.01x------₹1.71 Cr
    PS Raj13.65x------₹417.33 Cr
    Riddhi Steel11x------₹355.155 Cr
    Sai Swami16.58x------₹66.675 Cr
    Saketh Exim32x------₹92.73 Cr
    Sanco Industries7x------₹67.95 Cr
    Shiv Aum10.5x------₹557.595 Cr
    Supershakti Metaliks17x------₹534.24 Cr
    Synergy Green21x------₹205.455 Cr

    Financials & Performance(Standalone)

    Revenue (₹ Cr)

    CAGR 19.6%

    PAT (₹ Cr)

    CAGR 60.0%

    EBITDA Margin (%)

    Improving

    ROCE (%)

    Healthy Trend

    ROE (%)

    Improving

    Financial Quality

    Good

    Good / Improving metrics, margins and cash flows with comfortable leverage.

    Financial YearRevenue (₹ Cr)EBITDA Margin (%)PAT (₹ Cr)ROCE (%)ROE (%)Debt / Equity (x)
    FY23₹8.39 Cr16.92%₹1.16 Cr149.43%75.82%0.12x
    FY24₹11.05 Cr27.78%₹2.42 Cr77.72%42.09%0.07x
    FY25₹12.01 Cr31.22%₹2.97 Cr47.12%34.06%0.04x

    Why this IPO looks good

    • The company has shown revenue growth in recent years.
    • It has a strong product portfolio of aluminum railings and related products.
    • The company has a diverse customer base, including wholesalers, architects, and builders.

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    Documents

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's regional industrial manufacturing expansion
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 20 Jun 2026, 05:36 AM
    Source: automated_sync_engineConfidence: MEDIUM