IPO Details

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Jivial Indusries Ltd
SMEListed
Open:Tue, 23 Jun 2026
Close:Thu, 25 Jun 2026
Lot Size:600 Shares
Price Band:₹196
Listing:BSE
Fresh Issue:26.65 Cr
OFS:5.34 Cr
Total IPO Size:31.99 Cr
Retail : 50.00%
Total HNI : 50.00%
EventDate
Open Date23-06-2026 , Tuesday
Close Date25-06-2026 , Thursday
Tentative Allotment29-06-2026 , Monday
Tentative Listing Date01-07-2026 , Wednesday
Retail Appl. Cut Off Time25-06-2026 , Thursday 05:00 PM
Non Retail Appl. Cut Off Time25-06-2026 , Thursday 04:00 PM
Initiation Of Refund30-06-2026 , Tuesday
Credit Of Share To Demat30-06-2026 , Tuesday
IPORupee Business Overview

Jivial Industries Limited IPO - Business Overview, Insight and Education

Jivial Industries Limited is a Rajkot, Gujarat-based manufacturing company engaged mainly in manufacturing and supplying aluminium railings, aluminium fixtures and related architectural products.

IPO TypeBSE SME fixed price issue
Issue PriceRs. 196 per equity share
Total Issue SizeUp to 16,32,000 equity shares
Fresh IssueUp to 13,59,600 equity shares
OFSUp to 2,72,400 equity shares
ListingBSE SME

Company Overview

Jivial Industries Limited manufactures aluminium railings as per customer specifications. Its products are used in residential, commercial, industrial and architectural applications where railing systems, fixtures and structural accessories are required.

In simple words, Jivial Industries is an aluminium railing and architectural product manufacturing company. Its business depends on raw material availability, aluminium price movement, customer orders, fabrication capability, quality control, delivery timelines and capacity expansion.

Jivial Industries Limited was originally incorporated as Jivial Industries Private Limited on June 23, 2021. The company was converted into a public limited company on January 01, 2024 and renamed Jivial Industries Limited.

The registered office and Unit-I manufacturing facility is located at Shade No. A1/5, Road C, Beside Daynamatic Forge, AJI GIDC, Rajkot, AJI Industrial Estate, Rajkot, Gujarat.

Promoters

  1. Mr. Anand Jitendrabhai Chovatiya
  2. Mrs. Sheetalben Anand Chovatiya

The company acquired the proprietorship firm M/s Jivial Industries through a Business Transfer Agreement dated September 28, 2023.

IPO Structure

Jivial Industries IPO is a BSE SME fixed price issue.

The issue price is Rs. 196 per equity share of face value Rs. 10 each.

The total issue size is up to 16,32,000 equity shares aggregating to Rs. 3,198.72 lakhs.

ParticularsDetails
Fresh IssueUp to 13,59,600 equity shares aggregating to Rs. 2,664.82 lakhs
Offer for SaleUp to 2,72,400 equity shares aggregating to Rs. 533.90 lakhs
Market Maker Reservation81,600 equity shares
Issue OpensJune 23, 2026
Issue ClosesJune 25, 2026

The OFS shares are offered by promoter selling shareholders Mr. Anand Jitendrabhai Chovatiya and Mrs. Sheetalben Anand Chovatiya.

What Does Jivial Industries Do?

Jivial Industries manufactures and supplies aluminium railings and related products.

  1. Procurement of unfinished extruded aluminium railings
  2. Procurement of unfinished aluminium castings
  3. Manufacturing and finishing of aluminium railings
  4. Manufacturing of aluminium fixtures
  5. Manufacturing and supply of SS railings
  6. Manufacturing and supply of glass railings
  7. Manufacturing and supply of accessories
  8. New product focus on GFRP rebars and composite materials
  9. Custom manufacturing as per customer specifications
  10. B2B supply to customers across different states

The company works mainly on a purchase-order basis. It does not have long-term contracts with most customers.

Main Product - Aluminium Railings

Finished aluminium railings are the company’s most important product.

PeriodAluminium Railing Revenue% of Revenue from Operations
Period ended Dec 31, 2025Rs. 988.49 lakhs81.60%
FY2025Rs. 938.83 lakhs78.19%
FY2024Rs. 602.57 lakhs54.49%
FY2023Rs. 502.51 lakhs59.83%

This shows that the company is heavily dependent on aluminium railings.

The positive point is that aluminium railings are the company’s core product and have supported revenue growth.
The risk is product concentration. If demand for aluminium railings declines, raw material prices move sharply, competition increases or customer orders reduce, revenue and profitability can be affected.

Other Products

Apart from aluminium railings, Jivial Industries also manufactures and supplies aluminium fixtures and other railing-related products.

The company’s ISO certification scope includes manufacturing and supply of SS railing, aluminium railing, glass railing and other accessories.

The company has also received ISO 14001:2015 certification for manufacturing, supply, import/export of GFRP rebars and composite materials.

This shows that the company is trying to expand beyond only aluminium railings.

Product Education

What are Aluminium Railings?

Aluminium railings are railing systems made using aluminium profiles and components. They are commonly used in residential buildings, commercial buildings, balconies, staircases, terraces, industrial areas and architectural structures.

Aluminium is lightweight, corrosion-resistant and suitable for modern building applications.

What are Aluminium Fixtures?

Aluminium fixtures are aluminium-based components or accessories used in structural, architectural or installation work.

What are GFRP Rebars?

GFRP means Glass Fibre Reinforced Polymer. GFRP rebars are non-metallic reinforcement bars used in construction and infrastructure applications. They are lightweight and corrosion-resistant.

Jivial Industries has started GFRP rebar operations, but capacity utilisation was still low at 14.70% for the period ended December 31, 2025. This shows that GFRP rebars are still an early-stage product for the company.

Manufacturing Facility

Jivial Industries currently operates from its Unit-I manufacturing facility located at AJI GIDC, Rajkot, Gujarat.

The company also has a proposed manufacturing facility, Unit-II, at Industrial Shed No. C-45/C-46, Samadhiya, Taluka Rajkot, Gujarat.

The proposed Unit-II is important because the company wants to expand manufacturing capacity and also set up manufacturing of extruded aluminium railings, which is currently one of its main raw materials.

Capacity Utilisation

Product / ProcessInstalled CapacityUtilisationCapacity Utilisation
Finished Aluminium Railing1,93,000 running feet1,28,828 running feet66.75%
Finished Aluminium Fixtures2,42,000 pieces1,41,570 pieces58.50%
GFRP Rebars420 MT61.74 MT14.70%

The company has stated that adding more machines in the current manufacturing facility is not possible, and therefore it has identified and taken a new factory premises on lease.

Business Model

  1. The company receives purchase orders from customers.
  2. It procures raw materials such as extruded aluminium railings and aluminium castings.
  3. The company carries out manufacturing, finishing, fabrication and quality checks.
  4. Finished products are supplied as per customer specifications.
  5. Revenue is earned from sale of finished aluminium railings, fixtures and related products.
  6. Profitability depends on raw material cost, customer pricing, capacity utilisation, quality, labour, delivery and working capital.

The business is B2B and order-driven.

Raw Material Dependency

The company depends on external suppliers for major raw materials, including unfinished extruded aluminium railings and unfinished aluminium castings.

Aluminium prices can be volatile because they are influenced by global demand and supply, energy costs, London Metal Exchange prices, currency movement, geopolitical events and trade policies.

PeriodCost of Material Consumed as % of Revenue
Period ended Dec 31, 202555.73%
FY202560.14%
FY202464.95%
FY202368.60%

This means raw material cost is a major factor in the company’s margin.

Supplier Concentration

Jivial Industries has high supplier concentration.

PeriodTop 10 Supplier Contribution
Period ended Dec 31, 202580.37%
FY202587.02%
FY202490.85%
FY202390.79%
Any delay, quality issue, price increase or disruption from major suppliers can affect production and delivery schedules.

Customer Concentration

The company also has customer concentration risk.

PeriodTop 10 Customer Contribution
Period ended Dec 31, 202563.74%
FY202545.95%
FY202443.28%
FY202335.32%

This shows that customer concentration increased in the latest period.

Since the company works on purchase orders and does not have long-term customer agreements, continuation of orders from major customers is important.

Geographic Revenue Concentration

Jivial Industries generates a major portion of revenue from Gujarat, Maharashtra and Chhattisgarh.

State% of Revenue for period ended Dec 31, 2025
Gujarat57.60%
Maharashtra9.74%
Chhattisgarh11.63%

Together, these three states contributed a large portion of the company’s revenue. This creates geographic concentration risk.

Objects of the Issue

  1. Funding capital expenditure requirements
  2. Purchase of equipment and machinery
  3. Working capital requirements
  4. General corporate purposes
  5. Issue-related expenses

A key part of the IPO story is expansion through Unit-II and addition of machinery.

The company had not placed firm orders for certain proposed equipment and machinery at the time of the prospectus. This creates execution risk and possible time or cost overrun risk.

Financial Performance

ParticularsFY2023FY2024FY2025Period ended Dec 31, 2025
Revenue from OperationsRs. 839.93 lakhsRs. 1,105.73 lakhsRs. 1,200.61 lakhsRs. 1,211.35 lakhs
Net Profit Ratio13.89%21.82%24.75%24.33%
Debt-Equity RatioNot highlighted hereNot highlighted hereNot highlighted here0.11

IPORupee View on Financials

The positive point is that the company has shown revenue growth and healthy net profit ratio. The company also has a low debt-equity ratio as of December 31, 2025.

However, investors should not look only at margins. They should also study customer concentration, supplier concentration, product concentration, execution of expansion, lease-based manufacturing premises, cash flow and working capital cycle.

The company is small in size, and SME companies can face high volatility after listing.

Cash Flow

The company had negative cash flow from operating activities for the period ended December 31, 2025.

Net cash flow from operating activities was negative Rs. 9.18 lakhs for the period ended December 31, 2025.

Cash flow from investing activities was also negative Rs. 128.73 lakhs for the same period.

The company had positive operating cash flow in FY2025, FY2024 and FY2023, but the latest period shows cash flow pressure.

Investors should study whether revenue growth is converting into cash and whether inventory and receivables remain under control.

Key Strengths

  1. Focused Aluminium Railing Business: Jivial Industries has a focused business in aluminium railings and related architectural products.
  2. Revenue Growth: Revenue from operations increased from Rs. 839.93 lakhs in FY2023 to Rs. 1,200.61 lakhs in FY2025 and Rs. 1,211.35 lakhs for the period ended December 31, 2025.
  3. Improved Profitability: Net profit ratio improved meaningfully compared with FY2023.
  4. Low Debt-Equity Ratio: Debt-equity ratio was 0.11 as of December 31, 2025.
  5. ISO Certifications: The company has ISO 9001:2015 certifications and ISO 14001:2015 certification for certain operations.
  6. Product Expansion: The company is trying to expand into GFRP rebars and composite materials.
  7. Unit-II Expansion Plan: The company has taken new premises on lease for proposed Unit-II, which can support future capacity expansion.

Key Risks

  1. Product Concentration: Aluminium railings contributed 81.60% of revenue from operations for the period ended December 31, 2025.
  2. Supplier Concentration: Top 10 suppliers contributed 80.37% of material purchases for the period ended December 31, 2025.
  3. Customer Concentration: Top 10 customers contributed 63.74% of revenue from operations for the period ended December 31, 2025.
  4. Aluminium Price Volatility: Aluminium is the key raw material. Price movement can affect cost and margins.
  5. No Long-Term Customer Agreements: The company works on purchase-order basis and does not have long-term contracts with most customers.
  6. Geographic Concentration: Revenue is highly concentrated in Gujarat, Maharashtra and Chhattisgarh.
  7. Single Functional Manufacturing Facility: The company currently manufactures from one functional facility. Any disruption can affect operations.
  8. Leased Premises Risk: The company’s registered office-cum-manufacturing facility and proposed Unit-II are on lease.
  9. Machinery Orders Not Yet Placed: The company had not placed firm orders for certain machinery proposed to be purchased from IPO proceeds.
  10. Regulatory Approval Risk: The company has applied for NOC of Fire for its factory. Delay or failure to obtain/renew approvals may affect business.
  11. Past ROC Filing Delays: The company has disclosed certain delays and discrepancies in ROC filings.
  12. SME Listing Risk: This is a BSE SME IPO. SME stocks may have lower liquidity, higher volatility and higher exit risk compared with mainboard IPOs.

IPORupee Insight

Jivial Industries is a small manufacturing SME IPO from Rajkot, Gujarat. The company’s core business is aluminium railings and related architectural products.

The biggest positive is focused product positioning. Aluminium railings are used in residential, commercial and architectural applications. The company has built its business around customer-specific aluminium railing manufacturing.

The second positive is revenue growth and profitability. Revenue has grown over the last few years, and net profit ratio has improved compared with FY2023.

The third positive is low debt-equity ratio. As of December 31, 2025, the company’s debt-equity ratio was 0.11, which is not high.

The fourth positive is the expansion plan. The proposed Unit-II can support manufacturing capacity expansion and may help the company reduce dependence on external suppliers for extruded aluminium railings if executed well.

However, investors should not ignore the risk side.

The biggest concern is product concentration. More than 80% of latest-period revenue came from aluminium railings. This means the company is still heavily dependent on one product category.

The second concern is customer and supplier concentration. Top 10 customers and suppliers contribute a major portion of revenue and purchases. This creates business continuity risk.

The third concern is purchase-order-based business. The company does not have long-term customer agreements, so revenue visibility depends on repeat orders.

The fourth concern is execution risk. The company plans to expand and purchase machinery, but firm orders for certain machinery were not placed at the time of the prospectus.

From IPORupee view, Jivial Industries IPO should be studied as a small aluminium railing manufacturing SME IPO with improving financials but high product, customer and supplier concentration risk.

Retail investors should focus on five things before applying:

  1. Final valuation and issue price comfort
  2. Product concentration in aluminium railings
  3. Customer and supplier concentration
  4. Expansion execution and machinery purchase
  5. Cash flow and working capital movement
A small SME manufacturing company can grow well, but concentration risk and liquidity risk should not be ignored.

IPORupee Education

What is an Aluminium Railing Company?

An aluminium railing company manufactures railing systems using aluminium profiles and components. These products are used in buildings, balconies, staircases, terraces, commercial spaces and architectural structures.

What is Aluminium Extrusion?

Aluminium extrusion is a process where aluminium is pushed through a die to create a specific profile or shape. Extruded aluminium profiles are commonly used in railings, windows, doors, furniture and architectural products.

What are Aluminium Castings?

Aluminium castings are components made by pouring molten aluminium into moulds. They may be used as parts or accessories in railing systems and other aluminium products.

What are SS Railings?

SS railings are stainless steel railings. They are commonly used in buildings and commercial spaces because of durability and finish.

What are Glass Railings?

Glass railings are railing systems using glass panels with metal supports. They are often used in modern residential and commercial architecture.

What are GFRP Rebars?

GFRP rebars are Glass Fibre Reinforced Polymer bars used as reinforcement in construction. They are non-metallic, lightweight and corrosion-resistant.

What is Product Concentration?

Product concentration means a large part of revenue comes from one product. For Jivial Industries, aluminium railings are the main revenue contributor. If this product faces slowdown, company performance can be affected.

What is Supplier Concentration?

Supplier concentration means the company depends on a few suppliers for raw materials. If major suppliers stop supply, delay delivery or increase prices, manufacturing can be affected.

What is Customer Concentration?

Customer concentration means a large portion of revenue comes from a few customers. If large customers reduce orders, delay payments or move to competitors, revenue can fall.

What is Purchase-Order-Based Business?

Purchase-order-based business means customers place orders as needed, instead of signing long-term supply contracts. This model can create revenue uncertainty because repeat orders are not guaranteed.

What is Capacity Utilisation?

Capacity utilisation shows how much of the available production capacity is actually used. Higher utilisation can improve efficiency, but future growth may require additional capacity.

What is Working Capital?

Working capital is money required to run day-to-day operations. In manufacturing, working capital is needed for raw materials, inventory, labour, production, transport and receivables.

What is Fresh Issue?

Fresh Issue means the company issues new shares and receives IPO money. In Jivial Industries IPO, the fresh issue portion is up to 13,59,600 equity shares.

What is OFS?

OFS means Offer for Sale. In OFS, existing shareholders sell shares and IPO money goes to selling shareholders. Jivial Industries IPO includes OFS of up to 2,72,400 equity shares by promoter selling shareholders.

What is Fixed Price Issue?

Fixed price issue means the IPO price is fixed in advance. In Jivial Industries IPO, the issue price is Rs. 196 per share.

Important Note on Lot Size and Application Amount

This is an SME IPO proposed to be listed on BSE SME. In SME IPOs, lot size and actual minimum application quantity can sometimes differ from early IPO details or pre-final documents.

Investors should verify final bid quantity, lot size, price band, application amount and blocked amount directly on the broker platform before approving the UPI mandate.

Do not rely only on early screenshots or informal IPO notes.

What Retail Investors Should Understand

Jivial Industries is a small aluminium railing and architectural products manufacturing company.

The company has shown revenue growth, improved profitability and has low debt-equity ratio. It also plans to expand manufacturing capacity.

However, the business is not risk-free. It has high dependence on aluminium railings, supplier concentration, customer concentration, no long-term customer contracts, geographic concentration, leased facility risk and SME listing risk.

Retail investors should study the full prospectus, risk factors, financials, valuation and market conditions before applying.

IPORupee Final View

Jivial Industries Limited is a Gujarat-based SME manufacturing company focused on aluminium railings and related architectural products.

The company has shown growth in revenue and profitability, and the debt-equity ratio appears low as of December 31, 2025. The IPO also includes a fresh issue portion, which can support business funding and expansion.

However, this IPO has important risks. Aluminium railing is the dominant revenue product, and the company has high supplier and customer concentration. The business works mainly on purchase orders without long-term customer contracts. Expansion through Unit-II and machinery purchase must be executed properly.

From IPORupee view, Jivial Industries IPO can be interesting for investors who understand small manufacturing SME IPO risk. But final decision should depend on valuation, product concentration, customer quality, supplier dependency, cash flow, capacity expansion execution and post-listing liquidity.

Retail investors should not apply only because the company is profitable or because it is a Gujarat-based manufacturing company. Study the risks and valuation first.

Disclaimer

This content is prepared only for educational and informational purposes for IPORupee users. It is not investment advice, stock recommendation, IPO recommendation, research report, buy/sell/hold advice or any form of financial advisory.

IPO investments involve market risk, business risk, valuation risk, liquidity risk, regulatory risk and listing risk. Investors should read the full Prospectus, risk factors, financial statements, objects of the issue, basis for issue price and all official disclosures before making any investment decision.

We are not SEBI registered investment advisors.

Subscription Data

CategorySize
(In Cr)		Subscribed
(In Cr)		No of Times
(x)
QIB0.001.080.00
bNII (Above 10L)10.1322.002.17
sNII (2L to 10L)5.063.480.69
NII Total15.1925.481.68
Retail15.193.320.22
Total30.3829.880.98
CategoryPercentageNo. of Shares OfferedAmount
Retail
50.00 %
7,75,200
15.19 Cr
Total HNI
50.00 %
7,75,200
15.19 Cr
SHNI
16.67 %
2,58,400
5.06 Cr
BHNI
33.33 %
5,16,800
10.13 Cr
Market Maker
0.00 %
81,600
1.60 Cr
ApplicationDiscountQty (Lot)Total
Retail MIN
-
1200 (2)
₹ 2,35,200
Retail MAX
-
1200 (2)
₹ 2,35,200
SHNI MIN
-
1800 (3)
₹ 3,52,800
SHNI MAX
-
4800 (8)
₹ 9,40,800
BHNI MIN
-
5400 (9)
₹ 10,58,400
ObjectiveNo Of SharesAmount
Fresh Issue
13,59,600
26.65 Cr
Offer for Sale
2,72,400
5.34 Cr
DocumentAction
RHPView
IPO Contact Details
Registered Office
Shade No. A1/5, Road C, Beside Daynamatic Forge, AJI GIDC, Rajkot, AJI Industrial Estate, Rajkot, Gujarat- 360003
Corporate Office
Shade No. A1/5, Road C, Beside Daynamatic Forge, AJI GIDC, Rajkot, AJI Industrial Estate, Rajkot, Gujarat- 360003
Contact Person
Ritu Garg - Company Secretary & Compliance Officer
Registrar to Issue Details
Registrar Name
Bigshare Services Private Limited
Contact Person
Vinayak Morbale

Lead Managers

NameContact PersonTelephoneEmailWebsite
Corporate Makers Capital Limited
Rohit Pareek / Pawan Mahur
011 41411600
info@corporatemakers.in
www.corporatemakers.in
IPO Details

Jivial Indusries Ltd IPO Details FAQs

Understand company details, IPO size, price band, lot size, exchange listing, fresh issue and Offer for Sale (OFS) in simple language for retail investors.

Which company's IPO is this?

This IPO is of Jivial Indusries Ltd. The issue is scheduled to open on Tuesday, 23 June 2026 and closes on Thursday, 25 June 2026.

After the IPO process is completed, the shares are proposed to be listed on BSE.

What is the IPO size?

IPO size means the total amount offered to investors through the public issue.

For Jivial Indusries Ltd IPO, the total issue size is Rs 31.99 crore, consisting of a fresh issue of Rs 26.65 crore and an Offer for Sale (OFS) of Rs 5.34 crore.

What is the price band or issue price?

Issue price is the fixed price at which investors can apply for shares in the IPO.

For this IPO, the issue price is Rs 196 per share.

What is the lot size?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For Jivial Indusries Ltd IPO, the minimum application size is 1,200 shares, or 2 lots. At the issue price of Rs 196 per share, the minimum application amount is Rs 2,35,200. Applications must be made in multiples of 600 shares.

What is Fresh Issue in this IPO?

Fresh Issue means the company issues new shares to investors and receives money from that part of the IPO.

For Jivial Indusries Ltd IPO, the Fresh Issue size is Rs 26.65 crore. The company can use these funds for purposes mentioned in the IPO documents, such as business growth, repayment of borrowings, working capital, capital expenditure, or general corporate purposes.

What is Offer for Sale (OFS) in this IPO?

Offer for Sale (OFS) means existing shareholders sell their shares to the public through the IPO.

For Jivial Indusries Ltd IPO, the Offer for Sale (OFS) size is Rs 5.34 crore. In an OFS, the selling shareholders receive the money, and the company usually does not receive funds from that portion.

IPO Timeline

Jivial Indusries Ltd IPO Timeline FAQs

Understand the important IPO dates, allotment process, refund schedule and listing timeline in a retail-friendly format.

What is the IPO opening date?

The IPO opening date is the first day on which investors can apply for the public issue.

For Jivial Indusries Ltd IPO, the IPO opens on Tuesday, 23 June 2026.

What is the IPO closing date?

The IPO closing date is the last day on which investors can submit, modify, or cancel their IPO applications.

Jivial Indusries Ltd IPO closes on Thursday, 25 June 2026.

When is the tentative allotment date?

The tentative allotment date is the expected date on which the registrar finalizes the share allotment for valid IPO applications.

For Jivial Indusries Ltd IPO, the tentative allotment date is Monday, 29 June 2026.

When is the tentative listing date?

The tentative listing date is the expected date on which IPO shares begin trading on the stock exchanges.

Jivial Indusries Ltd IPO is expected to list on Wednesday, 01 July 2026.

When do refunds and demat credit happen?

After allotment, funds are unblocked or refunds are initiated for non-allotted investors, while allotted shares are credited to investors' demat accounts before listing.

For Jivial Indusries Ltd IPO, refund initiation is expected on Tuesday, 30 June 2026, and credit of shares to demat accounts is expected on Tuesday, 30 June 2026.

IPO Structure

Jivial Indusries Ltd IPO Structure FAQs

Understand IPO category-wise reservation, QIB quota, retail quota, HNI allocation, shareholder reservation and the meaning of structure columns in a simple format.

What is the IPO structure?

IPO structure shows how shares are divided among different categories of investors, such as QIB, Retail, NII/HNI, Employees, and Shareholders.

For Jivial Indusries Ltd IPO, the available categories in the structure table include Retail, Non-Institutional Investors (NII/HNI), Market Maker. The NII/HNI category includes SHNI and BHNI sub-categories. Investors can use this table to understand category-wise allocation before applying.

What is the QIB category?

QIB stands for Qualified Institutional Buyers. This category includes mutual funds, banks, insurance companies, and other large financial institutions.

QIB reservation details for Jivial Indusries Ltd IPO are not available yet.

What is the Retail category?

The Retail category is reserved for individual investors and HUFs applying within the SME retail application limit, which is generally up to 2 lots under IPO rules.

In Jivial Indusries Ltd IPO, 50% shares are reserved under the Retail category, with 7,75,200 shares offered, and an allocation amount of ₹15.19 crore.

What is the NII/HNI category?

NII/HNI stands for Non-Institutional Investors / High Net-Worth Individuals. This category generally includes investors applying for more than Rs 2 lakh, above the retail investment limit.

In Jivial Indusries Ltd IPO, 50% shares are reserved under the NII/HNI category, with 7,75,200 shares offered, and an allocation amount of ₹15.19 crore.

What is the SHNI category?

SHNI stands for Small HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 2 lakh but not exceeding Rs 10 lakh.

In Jivial Indusries Ltd IPO, 16.67% shares are reserved under the SHNI sub-category, with 2,58,400 shares offered, and an allocation amount of ₹5.06 crore.

What is the BHNI category?

BHNI stands for Big HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 10 lakh.

In Jivial Indusries Ltd IPO, 33.33% shares are reserved under the BHNI sub-category, with 5,16,800 shares offered, and an allocation amount of ₹10.13 crore.

What is the Market Maker category?

Further in Jivial Indusries Ltd IPO, Market Maker is one of the categories available in the IPO structure, if applicable.

In Jivial Indusries Ltd IPO, with 81,600 shares offered, and an allocation amount of ₹1.60 crore.

Investors should read the offer documents for more details about this category.

Lot Size Details

Jivial Indusries Ltd IPO Lot Size FAQs

Understand retail lot size, HNI application limits, employee category, shareholder category and investment amount calculations using the IPO lot table.

What is lot size in an IPO?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For Jivial Indusries Ltd IPO, the minimum application size is 1,200 shares, or 2 lots. At the issue price of Rs 196 per share, the minimum application amount is Rs 2,35,200. Applications must be made in multiples of 600 shares.

What is Retail minimum application?

Retail minimum application shows the minimum application size for retail investors.

For Jivial Indusries Ltd IPO, the Retail minimum application is 1,200 shares (2 lots) for about Rs 2,35,200.

What is Retail maximum application?

Retail maximum application shows the maximum application size generally available under the retail category.

For Jivial Indusries Ltd IPO, the Retail maximum application is 1,200 shares (2 lots) for about Rs 2,35,200.

What is SHNI minimum application?

SHNI minimum application shows the minimum application size for the Small HNI category.

For Jivial Indusries Ltd IPO, the SHNI minimum application is 1,800 shares (3 lots) for about Rs 3,52,800.

What is SHNI maximum application?

SHNI maximum application shows the maximum application size available under the Small HNI category, when provided.

For Jivial Indusries Ltd IPO, the SHNI maximum application is 4,800 shares (8 lots) for about Rs 9,40,800.

What is BHNI minimum application?

BHNI minimum application shows the minimum application size for the Big HNI category.

For Jivial Indusries Ltd IPO, the BHNI minimum application is 5,400 shares (9 lots) for about Rs 10,58,400.

Financial Highlights

Jivial Indusries Ltd IPO Financial FAQs

Understand important financial figures in simple language using the financial statement data available for the IPO.

What are Financial Highlights?

Financial Highlights show important numbers from the company's financial statements. These may include income, expenses, profit, assets, liabilities, cash flow and other financial information, depending on the data available for the IPO.

The table displays available financial data based on the IPO information currently available. Fields may differ from company to company depending on disclosures and reporting format.

How should investors read the Financial Highlights table?

Investors should read the table to understand the company's financial performance and financial position over different periods.

The table may help users review income, expenses, profitability, balance sheet position, cash movement or other financial information, depending on the available data.

Why can financial line items differ between IPOs?

Financial statement line items may differ because companies operate in different industries and may follow different reporting formats.

Some companies may provide detailed financial breakup, while others may present broader financial categories.

What should investors check in financial data?

Investors should review income, expenses, profitability, debt position, asset base, liabilities and cash flow position together.

A single financial figure should not be used alone to judge the company.

Why is profit not enough to judge an IPO?

Profit is important, but it does not show the full financial picture.

Investors should also review revenue quality, expenses, debt, assets, liabilities, cash flow, valuation and business risks.

Why is cash flow important in financial analysis?

Cash flow helps investors understand how money moves in and out of the business.

A company may report profit but still face cash flow pressure, so cash flow should be reviewed along with profit, debt and balance sheet information.

Should investors rely only on Financial Highlights?

No. Financial Highlights are useful, but investors should also review valuation, peer comparison, KPI data, business risks, IPO pricing, management discussion and official offer documents such as the RHP or DRHP.

Peer Comparison

Jivial Indusries Ltd IPO Peer Comparison FAQs

Understand how the company may be compared with similar businesses using the peer comparison data available for the IPO.

What is Peer Comparison?

Peer Comparison means comparing the IPO company with businesses operating in a similar sector or industry.

It helps investors understand the company in a broader industry context.

Why is Peer Comparison useful?

Peer Comparison helps investors understand how the company can be compared with similar businesses using available financial or valuation metrics.

It is useful for context, but it should not be treated as a final investment conclusion.

Why can peer comparison metrics differ?

Peer comparison metrics may differ depending on the companies selected, accounting format, business model and available public information.

Investors should compare only relevant and similar metrics.

How should investors read a Peer Comparison table?

Investors should use the peer comparison table as a reference point.

Available metrics should be read together with business model, scale, profitability, margins, debt, growth, valuation and IPO pricing.

Can Peer Comparison decide whether an IPO is good or bad?

No. Peer Comparison does not directly decide whether an IPO is good or bad.

It only provides context for comparison. Final analysis should include financial statements, KPI data, valuation, risk factors and official offer documents.

Should investors rely only on Peer Comparison?

No. Peer Comparison is only one part of IPO analysis.

Investors should also review financial statements, KPI data, business risks, valuation, IPO pricing and company fundamentals.

Key Performance Indicators

Jivial Indusries Ltd IPO KPI FAQs

Understand important KPI metrics in simple language using the key performance indicator data available for the IPO.

What are Key Performance Indicators (KPIs)?

Key Performance Indicators, or KPIs, are financial and valuation metrics used to understand profitability, efficiency, leverage, return-based ratios and earnings performance.

They help investors understand the company beyond basic financial figures.

Why are KPIs important for IPO investors?

KPIs help investors assess profitability, capital efficiency, leverage, valuation and earnings quality.

They should be reviewed together with financial statements, peer comparison and IPO pricing.

Why can KPI availability differ between IPOs?

KPI data may differ depending on the company, industry, financial disclosures and available offer document information.

Not every IPO may provide every KPI, and some metrics may not be applicable to every business.

How should investors read KPI metrics?

Investors should read KPI metrics together instead of relying on one ratio.

A single KPI may not give the full picture unless it is reviewed with financial statements, peer comparison, business model and valuation.

Can high or low KPI values directly decide investment quality?

No. High or low KPI values need context.

The meaning of a ratio may differ depending on industry, business model, debt level, growth stage, profitability and IPO valuation.

Should investors rely only on KPI data?

No. KPI data is useful, but it should not be used alone.

Investors should also review financial statements, peer comparison, business risks, valuation, IPO pricing and official offer documents such as the RHP or DRHP.

Jivial Indusries Ltd IPO Details | IPO Rupee