Home
Charts
Search
Watchlist
Products
All IPOs
₹196 - 196
Jivial Industries Ltd
Non Ferrous MetalsIPOSME
₹196 - 196
Our Company was originally incorporated as a Private Limited Company under the name of "Jivial Industries Private Limited" on June 23, 2021 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Ahmedabad. Further our Company was converted into Public Limited pursuant to resolution passed by our shareholders at Extra ordinary general meeting held on December 19, 2023 name of our company was changed from "Jivial Industries Private Limited" to "Jivial Industries Limited" and a fresh Certificate of Incorporation pursuant to conversion into public limited dated January 01, 2024 issued by the Registrar of Companies, Ahmedabad.
Lot600Min Invest₹2,35,200Face Value₹10Issue Size₹32 CrFresh Issue₹27 CrOffer for Sale₹5 CrListing Price₹157CMP₹78
Timeline
23 Jun
Bidding opens
25 Jun
Bidding closes
29 Jun
Allotment
30 Jun
Refund & demat credit
1 Jul
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹32 Cr0.16 Cr shares
Fresh Issue₹27 Cr
Offer for Sale₹5 Cr
Face Value₹10
Lot Size600 shares
ReservationNII 50% · RETAIL 50%
Application Sizes
Retail₹2,35,2001-1 lots
sNII₹2,35,200from 2 lots
bNII₹10,58,400from 9 lots
Managers & Registrar
Lead ManagerCorporate Makers Capital Limited
RegistrarBigshare Services Pvt Ltd
Ownership & Proceeds
Offer for Sale
Selling ShareholderShares OfferedAmt ₹ CrAnand Jitendrabhai ChovatiyaPRMTR1,36,2002.67Sheetalben Anand ChovatiyaPRMTR1,36,2002.67Total2,72,4005.34
Shareholding
CategoryPre IPOPost IPOPromoter Group94.51%61.16%Public5.49%38.84%
Objects of the Issue
- Purchase of new machineries
- Capital expenditure for renovation of manufacturing facility
- General corporate purposes
Anchor Book
30-day lock-in28-Jul-202690-day lock-in26-Sep-2026
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 3 | 8 | 11 | 12 | 18 |
| Operating ProfitCr | 0 | 1 | 3 | 4 | 5 |
| OPM% | 15.7 | 17.0 | 27.9 | 31.2 | 27.5 |
| PBTCr | 0 | 1 | 3 | 4 | 5 |
| PATCr | 0 | 1 | 2 | 3 | 4 |
| EPS | - | 8 | 10 | 9 | 11 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | - | 0 | 3 | 3 | 3 |
| ReservesCr | - | 2 | 2 | 5 | 9 |
| BorrowingsCr | - | 0 | 0 | 0 | 1 |
| Fixed AssetsCr | - | - | - | - | 2 |
| Total AssetsCr | - | 2 | 7 | 10 | 16 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | 0 | 0 | 0 | 1 | 1 |
| Investing Cash FlowCr | 0 | 0 | -1 | -1 | -2 |
| Financing Cash FlowCr | 0 | 0 | 2 | 0 | 1 |
| Net Cash FlowCr | 0 | 0 | 1 | 0 | -1 |
Strengths & Risks
Strengths · as stated in the DRHP
- Strong brand reputation.
- Strong financials.
- Strong customer base.
- Experienced management.
Strategies · as stated in the DRHP
- Expansion and new product manufacturing at manufacturing Facility unit-II.
- New marketing initiatives.
- Maintaining edge over competitors.
Risks · as stated in the DRHP
- The Company is dependent on external suppliers for its major raw materials, unfinished extruded aluminium railings and unfinished aluminium castings. The pricing of aluminium can be volatile and could adversely impact financial condition.
- The company has not entered into any agreement or contract with its customers. The company work on purchase order basis with them. Its inability to maintain relationships with the company customers could has an adverse effect on its business, prospects, results of operations and financial condition.
- The company generate a substantial portion of its revenue from Gujarat, Maharashtra and Chattisgarh, states of the company country. Any adverse developments affecting its operations in these states could has an adverse impact on the company revenues and results of operations.
- The company has experienced negative cash flow in the past and may continue to does so in the future, which could has a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
- The company product finished Aluminium Railings contributes significantly to its revenues from operation. Any loss of business from such product may adversely affect the company revenues and profitability.
- The Company does not has any logo in its name, the company has acquired one logo by one of the promoters of the company through assignment deed any failures to get it renewal of such assignment deed may adversely affect its business.