Jivial Industries came to market through an SME IPO that opened on 23 June 2026 and closed on 25 June 2026, and the shares listed on 1 July 2026 on BSE SME. The price band was ₹196 per share and one lot was 600 shares, so the minimum application was ₹1,17,600. The issue size was ₹31.98 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
Bigshare Services Pvt Ltd was the registrar to the issue, and Corporate Makers Capital Ltd was the lead manager.
As of 25 June 2026.
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Incorporated in the year 2021, Jivial Industries Ltd is involved in the production of aluminum railing products including completed aluminum railings and accessories using unprocessed extruded aluminum railings and aluminum castings. This organization is known for the production of more than 50 types of aluminum railings, stainless steel glass railings, and partitions systems for various builders, architects, and contractors in India and around 20+ other countries.
The organization operates in the important real estate centers of India like Rajasthan, Mumbai, Gujarat and also exports to the international market like UAE, Saudi Arabia, UK, US, and Australia. Two main types of railings produced by them include (i) Continuous Profiles which helps in supporting glass from the bottom and (ii) Handrails for supporting glass from the top and also helps in providing a design for hand support. The manufacturing unit of the organization is located at Rajkot, Gujarat.
Till May 31, 2026, this company has 19 employees
As described in the offer document.
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Mr. Anand Jitendrabhai Chovatiya, Mrs. Sheetalben Anand Chovatiya.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Jivial Industries IPO was a ₹31.98 crore fixed-price issue, comprising a fresh issue of ₹26.64 crore and an offer for sale of ₹5.33 crore. It was priced at ₹196 per share with a lot size of 600 shares; the minimum retail application was 1,200 shares (₹2,35,200). The IPO was open from June 23 to June 25, 2026 and was subscribed 0.98x.
Shares listed on BSE SME on July 1, 2026 at ₹156.80, a 20.0% discount to the issue price of ₹196. Bigshare Services Pvt Ltd is the registrar. Corporate Makers Capital Ltd. is the book running lead manager.
The issue price of Jivial Industries IPO is ₹196 per share (fixed price).
The lot size of Jivial Industries IPO is 600 shares.
The minimum investment for Jivial Industries IPO is approximately ₹2,35,200 based on the issue price.
The allotment date of Jivial Industries IPO is Jun 29, 2026.
You can check Jivial Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Jivial Industries IPO allotment status on Rupix for quick and easy access.
₹196 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,17,600. After listing, SME shares also trade in lots rather than one share at a time.
₹1,17,600, for one lot of 600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 June 2026 and closed on 25 June 2026.
The basis of allotment was published on 29 June 2026 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 1 July 2026 on BSE SME.
The issue size was ₹31.98 crore. The fresh issue was 13,59,600 shares (aggregating up to ₹26.64 crore). The offer for sale was 2,72,400 shares (aggregating up to ₹5.33 crore).