Jivial Industries IPO opens at this time. Test GMP, worth band, subscription and different particulars
The BSE SME problem will shut on June 25, whereas the shares are scheduled to record on July 1. The IPO is priced at Rs 196 per share and includes a mix of a contemporary problem value Rs 26.65 crore and a suggestion on the market (OFS) of Rs 5.34 crore, taking the overall problem measurement to Rs 31.99 crore.
Retail traders can bid for no less than 1,200 shares, requiring an funding of Rs 2.35 lakh.
Aluminium railing producer
Included in 2021, Jivial Industries manufactures aluminium railing programs and architectural fixtures utilized in residential and industrial buildings. Its product portfolio contains handrails, spigots, brackets, locks, endcaps, bends, jointers and different aluminium fittings used for balconies, glass partitions, façades and viewing home windows.
The corporate caters to building companies, architects, inside designers, fabricators and glass resolution suppliers throughout India, with a robust presence in Gujarat, Maharashtra and Chhattisgarh. It additionally exports a small portion of its merchandise to Oman.
Jivial operates a producing facility in Rajkot and plans to ascertain a second unit to increase manufacturing capability and strengthen backward integration via aluminium extrusion.
Use of IPO proceeds
The corporate plans to utilise the contemporary problem proceeds to buy new equipment, renovate its manufacturing facility, meet issue-related bills and for normal company functions.
Monetary efficiency
For the 9 months ended December 2025, Jivial Industries reported income of Rs 12.2 crore and revenue after tax of Rs 2.95 crore. For FY25, the corporate posted income of Rs 12.07 crore and web revenue of Rs 2.97 crore, whereas sustaining a comparatively low debt stage of Rs 1.23 crore.
With the GMP at zero, the gray market is just not pricing in itemizing features at current. Traders could subsequently concentrate on the corporate’s long-term development prospects and execution of its enlargement plans moderately than short-term itemizing expectations.
(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t characterize the views of Financial Instances)
