Jivial Industries Limited IPO Announcement

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Jun 23, 2026 - 13:00
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Jivial Industries Limited IPO Announcement
“Jivial Industries Limited IPO Announcement”
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23 Jun 2026
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Jivial Industries Limited IPO Announcement

Jivial Industries Limited, a manufacturer of aluminium railings and fixtures, opens its IPO on 23rd June 2026.

Mumbai (Maharashtra) [India], June 23: Jivial Industries Limited, an established manufacturer of finished aluminium railings and fixtures serving the architectural and construction markets across India, has announced the opening of its Initial Public Offering on June 23, 2026. The Company proposes to raise ₹31.98 Crores through its public issue, and the shares are proposed to be listed on the SME Platform of BSE Limited (BSE SME).

  • Fresh Issue – 13,59,600 Equity Shares
  • Offer for Sale (OFS) – 2,72,400 Equity Shares
  • Total Issue – 16,32,000 Equity Shares
  • Issue Size – ₹ 31.98 Crores
  • Issue Price – ₹ 196 Per Share
  • Lot Size – 600 Equity Shares

Equity Share Allocation

  • Market Maker – Up to 81,600 Equity Shares
  • Retail Individual Investors (RII) – Up to 7,75,200 Equity Shares
  • Others Then Individual Investors – Up to 7,75,200 Equity Shares

The net proceeds from the fresh issue will be utilized towards the purchase of new machineries, capital expenditure for renovation of manufacturing facilities, and general corporate purposes.

The issue will open for public subscription on June 23, 2026, and close on June 25, 2026. Corporate Makers Capital Limited is the Lead Manager to the issue, and Bigshare Services Private Limited is the Registrar to the issue.

PNN (This story has been published from a syndicated feed, agency source, or press release. NewsWaala Team may not have edited or verified the content independently.)