
Materials · BSE
Incorporated in 2021, Jivial Industries Limited manufactures finished aluminium railings and fittings using aluminium extrusions and castings. The company mainly produces two types of railings: Continuous Profiles, which support and hold glass panels from the bottom, and Handrails, which are installed on the top of glass panels to provide support and enhance design. Its product range includes aluminium hand railings, aluminium railings, aluminium spigots, aluminium conceals, and aluminium bends. As of August 31, 2025, the company had 18 permanent employees.
Price Band
₹196
Issue Size
₹163.20 L Cr
Lot Size
600 shares
GMP
Est. Listing
₹196
at current GMP
Subscribed
0.95x
overall
Open
23 Jun 2026
Close
25 Jun 2026
Allotment
29 Jun 2026
Refund
30 Jun 2026
Demat Credit
1 Jul 2026
Listing
1 Jul 2026
Overall Subscription
0.95x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
1.68x
High Net-Worth
Retail (RII)
0.22x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 775,200 | 1,300,200 | 1.68x |
| RETAIL | 775,200 | 169,200 | 0.22x |
| Total | 1,550,400 | 1,469,400 | 0.95x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 1 | 0.00x |
| NIB | — | 187 | 0.00x |
| RETAIL | 646 | 141 | 0.22x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | — | 198 | 0.00x |
| HNIs (2-10L) | 431 | 143 | 0.33x |
| Total Applications | 1,077 | 670 | 0.62x |
Jivial Industries Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹16,32,000 Crores. The shares are offered at a price band of ₹196 to ₹196 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-06-25, the basis of allotment is scheduled to be finalized on 2026-06-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The Jivial Industries Limited IPO aggregate issue size is ₹16,32,000 Crores with an equity price band set at ₹196 to ₹196 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,17,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-06-29.