Who is the CEO of Jivial Industries Ltd?
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Mr. Anand Jitendrabhai Chovatiya is the Promoter, Chairman & Managing Director of Jivial Industries Limited.
Jivial Industries Limited is engaged in the manufacturing of aluminium railings and fixtures used in residential, commercial, and architectural applications. The company supplies products such as hand railings, continuous profiles, spigots, conceals, bends, and other supporting fixtures for glass installations. The Jivial Industries IPO is scheduled to open on June 23, 2026, and close on June 25, 2026. The public issue comprises 16,32,000 equity shares with an issue price of ₹196 per share and is proposed to be listed on the BSE SME platform.
Jivial Industries Limited is engaged in the manufacturing of finished aluminium railings and fixtures used in residential, commercial, and architectural applications. The company processes unfinished extruded aluminium railings and aluminium castings into finished products designed for balconies, partitions, façades, viewing windows, and other glass-support structures. Its product portfolio includes aluminium hand railings, continuous profiles, spigots, conceals, bends, and various supporting fixtures used in railing installations. The manufacturing facility is located in Rajkot, Gujarat, enabling the company to cater to customer requirements across different regions. The company serves construction companies, architects, interior designers, glass providers, fabricators, and other customers across India and derives a small portion of its revenue from exports to Oman. Jivial Industries offers various aluminium railing systems and supporting fixtures designed for architectural and glass installation applications. Its operations focus on manufacturing aluminium railing systems and supporting fixtures for residential, commercial, and architectural applications.
Investors can apply for the Jivial Industries Ltd IPO through the ASBA (Application Supported by Blocked Amount) facility available via their bank account or through an online trading and demat platform. Before applying, investors should ensure that they have an active demat account, a trading account, and a bank account linked with their PAN. They should also review the IPO details, including the price band, lot size, issue dates, and other information provided in the offer documents. To submit an application online, log in to the trading platform, navigate to the IPO section, and select Jivial Industries Ltd IPO from the list of available issues. Enter the required bid details, including the quantity and price within the specified range, and confirm the application. Once submitted, the application amount will be blocked in the bank account until the allotment process is completed. Investors can subsequently track the allotment status and listing-related updates through the registrar’s website or the relevant stock exchange platform.
For more details, visit the Jivial Industries IPO page.
Details | Information |
IPO Date | June 23, 2026 to June 25, 2026 |
Issue Size | 16,32,000 shares (agg. up to ₹31.99 Cr) |
Issue Price | ₹196 per share |
Lot Size | 600 shares |
Listing At | BSE SME |
Market Maker | Sunflower Broking Pvt. Ltd. |
Purchase of new machineries
Capital Expenditure for renovation of the manufacturing facility
To meet the general corporate purposes
Event | Date |
|---|---|
IPO Open Date | Tue, Jun 23, 2026 |
IPO Close Date | Thu, Jun 25, 2026 |
Tentative Allotment | Mon, Jun 29, 2026 |
Initiation of Refunds | Tue, Jun 30, 2026 |
Credit of Shares to Demat | Tue, Jun 30, 2026 |
Tentative Listing Date | Wed, Jul 1, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jun 25, 2026 |
₹196 per share
Application | Lots | Shares | Amount |
Individual investors (IND) (Min) | 2 | 1,200 | ₹2,35,200 |
Individual investors (IND) (Max) | 2 | 1,200 | ₹2,35,200 |
HNI (Min) | 3 | 1,800 | ₹3,52,800 |
The Jivial Industries IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the trading platform.
Go to the IPO section to view active IPO listings.
Locate Jivial Industries IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 600 shares) at the issue price of ₹196 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Jivial Industries IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
NII (HNI) Shares Offered | 7,75,200 | 50.00% | 47.50% |
Retail Shares Offered | 7,75,200 | 50.00% | 47.50% |
Firm Reservations | |||
Market Maker Shares Offered | 81,600 | - | 5.00% |
Total Shares Offered | 16,32,000 | 100.00% | 100.00% |
This structure reflects the allocation approach as disclosed in the issue documents, indicating the proportion of shares available to each investor category.
Total Assets: Grew from ₹2.16 crore in FY23 to ₹10.25 crore as of March 2025.
Total Income: Recorded at ₹12.07 crore in March 2025, as compared to ₹8.40 crore in FY23.
Profit After Tax (PAT): Reported at ₹2.97 crore in March 2025, and ₹1.17 crore in FY23.
Net Worth: Recorded at ₹8.72 crore in March 2025 compared to ₹1.53 crore in FY23.
Reserves & Surplus: Stood at ₹5.41 crore in March 2025, as compared to ₹1.52 crore in FY23.
Total Borrowings: Stood at ₹0.38 crore in March 2025, as compared to ₹0.18 crore in FY23.
EBITDA: Stood at ₹3.75 crore in March 2025 in comparison to ₹1.42 crore in FY23.
The company has reported growth in its asset base over the reviewed period, reflecting the expansion of its operations and business activities.
Total income has increased during the period under consideration, indicating broader business engagement and a higher level of operational activity.
Profitability has improved compared to earlier years, supported by growth in revenue and operational performance.
The company’s net worth has strengthened, reflecting the accumulation of earnings and an enhanced financial position.
Reserves and surplus have expanded over the period, indicating retention of profits within the business.
Operating performance has shown improvement, supported by growth in earnings from core business activities.
The company continues to serve customers across India while deriving a small portion of its revenue from exports to Oman, through its portfolio of aluminium railing systems and related fixtures.
Demand from the construction, real estate, and infrastructure sectors may support business activity, subject to market conditions and project execution trends.
The company’s presence across multiple geographies and its range of architectural products provide opportunities to cater to varied customer requirements.
The company’s business is linked to the construction, real estate, and infrastructure sectors. Any slowdown in project execution, construction activity, or demand for architectural products could affect business operations and financial performance.
The company operates from a single manufacturing facility in Gujarat. Any disruption arising from operational, logistical, regulatory, or supply-chain factors at this facility could impact production and order fulfilment.
The company serves customers across India and derives a small portion of its revenue from exports to Oman, through its portfolio of aluminium railing systems and related fixtures. Its presence across multiple geographies provides access to a diverse customer base and varied project requirements.
The proposed utilisation of IPO proceeds towards machinery acquisition, manufacturing facility renovation, and business requirements may support operational capacity and strengthen the company’s ability to serve growing demand from the construction and architectural products segment.
KPI | Dec 19, 2025 | Mar 31, 2025 |
ROE | 28.93% | 41.09% |
ROCE | 33.14% | 47.12% |
Debt/Equity | - | 0.04 |
RoNW | 28.93% | 41.09% |
PAT Margin | 24.33% | 24.75% |
EBITDA Margin | 31.08% | 31.23% |
Price to Book Value | - | 7.44 |
Registrar | Lead Manager(s) |
|---|---|
Bigshare Services Pvt.Ltd. | Corporate Makers Capital Ltd. |
Shade No. A1/5,
Road C, Beside Daynamatic Forge,
AJI GIDC, Rajkot, AJI Industrial Estate,
Rajkot, Gujarat, 360003
Phone: +91-8469022953
Email: cs@jivialrailings.com
Website: http://jivialrailings.com/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Jivial Industries IPO allotment status.
Mr. Anand Jitendrabhai Chovatiya is the Promoter, Chairman & Managing Director of Jivial Industries Limited.
The Jivial Industries IPO is scheduled to open for subscription on June 23, 2026, and close on June 25, 2026. Investors can submit their applications during this period through the ASBA facility or an eligible trading and demat platform.
Jivial Industries Ltd is engaged in the manufacturing of aluminium railings and fixtures used in residential, commercial, and architectural applications. Its product portfolio includes hand railings, continuous profiles, spigots, conceals, bends, and other supporting fixtures. The sustainability of its business model may depend on factors such as demand from the construction and real estate sectors, customer requirements, operational efficiency, and overall market conditions.
The Jivial Industries IPO comprises 16,32,000 equity shares, with an aggregate issue size of up to ₹31.99 crore, based on the details disclosed in the offer documents.
The pre-apply facility allows investors to submit their IPO application before the issue opens for subscription. The application is generally processed once the IPO becomes available for bidding. Investors should complete any required payment authorisation within the prescribed timelines.
The lot size for the Jivial Industries IPO is 600 shares. Investors are required to apply for at least two lots (1200 shares), subject to the terms of the issue.
The tentative allotment date for the Jivial Industries IPO is June 29, 2026. The allotment process is carried out after the issue closes and is subject to completion of the applicable regulatory and procedural requirements.
Bigshare Services Pvt. Ltd. has been appointed as the registrar to the Jivial Industries IPO. The registrar is responsible for processing applications, finalising allotments, and handling related investor queries
There are no publicly stated governance issues or red flags highlighted. Investors may review the offer documents, including sections on management, board composition, and risk factors, for detailed and verified disclosures.
Investors can apply for the IPO by logging into their trading platform, navigating to the IPO section, selecting the Jivial Industries IPO, entering the desired quantity, providing their UPI ID, and confirming the application. The application amount remains blocked in the bank account until the allotment process is completed.
Yes, investors generally require an active demat account to apply for and receive shares allotted through the IPO process. A trading account and a bank account linked with the applicant’s PAN are also typically required.
Investors can check their allotment status through the registrar’s website after the allotment process is completed. If shares are allotted, they will be credited to the investor’s demat account. Investors may also receive notifications from their broker, depository participant, or registrar regarding the status of their application.
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