{"id":128475,"date":"2026-06-24T01:00:00","date_gmt":"2026-06-23T19:30:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=128475"},"modified":"2026-06-23T17:20:16","modified_gmt":"2026-06-23T11:50:16","slug":"jivial-industries-ipo-gmp-day-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/","title":{"rendered":"Jivial Industries IPO GMP Day 2: Grey Market Premium at \u20b90, Expected Listing at \u20b9196"},"content":{"rendered":"<div class=\"meta-block\">\u00a0<\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Jivial Industries IPO GMP: \u20b90 on Day 2. Fixed price \u20b9196. Lot 600 shares (min 1200). Min investment \u20b92,35,200. Issue \u20b931.98 Cr. BSE SME. Aluminium railings, Rajkot. ROE 41.09%, ROCE 47.12%.<\/em><\/p>\n<p>The Jivial Industries IPO GMP on Day 2 of the subscription period stands at \u20b90, meaning the grey market has not assigned any premium to the issue. The expected listing price implied by the current Jivial Industries IPO GMP is \u20b9196 \u2014 exactly the fixed issue price \u2014 with no informal listing gain anticipated. The Jivial Industries IPO is a BSE SME fixed-price issue raising \u20b931.98 crore at \u20b9196 per share. The lot size is 600 shares, with retail investors required to apply for a minimum of 2 lots (1,200 shares), implying a minimum investment of \u20b92,35,200.<\/p>\n<p>Jivial Industries Limited, incorporated in 2021 and based in Rajkot, Gujarat, is a manufacturer of finished aluminium railings and architectural fixtures including handrails, spigots, conceal systems, bends, brackets, and end caps. The company converts unfinished extruded aluminium into value-added railing systems used in glass partitions, balconies, staircases, and building facades. Despite the current Jivial Industries IPO GMP of nil, the company&#8217;s fundamentals are notably strong: ROE of 41.09%, ROCE of 47.12%, PAT margin of approximately 24.75%, and an almost debt-free balance sheet. Ankit Jaiswal, Senior Research Analyst at Univest notes that the company&#8217;s 3 patented products and 35 distributors across India give it a defensible competitive position in the premium architectural hardware segment.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=jivial-industries-ipo-gmp-day-2\"><strong>Click Here &#8211; Get Free IPO Investment Insights<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Jivial_Industries_IPO_GMP_Complete_Snapshot\" title=\"Jivial Industries IPO GMP: Complete Snapshot\">Jivial Industries IPO GMP: Complete Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Jivial_Industries_IPO_GMP_Analysis_What_the_Grey_Market_is_Saying\" title=\"Jivial Industries IPO GMP Analysis: What the Grey Market is Saying\">Jivial Industries IPO GMP Analysis: What the Grey Market is Saying<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#About_Jivial_Industries_Limited\" title=\"About Jivial Industries Limited\">About Jivial Industries Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Jivial_Industries_IPO_Key_Financials\" title=\"Jivial Industries IPO: Key Financials\">Jivial Industries IPO: Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Should_You_Apply_for_Jivial_Industries_IPO\" title=\"Should You Apply for Jivial Industries IPO?\">Should You Apply for Jivial Industries IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#What_is_the_Jivial_Industries_IPO_GMP_today\" title=\"What is the Jivial Industries IPO GMP today?\">What is the Jivial Industries IPO GMP today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#What_is_the_Jivial_Industries_IPO_price\" title=\"What is the Jivial Industries IPO price?\">What is the Jivial Industries IPO price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#What_does_Jivial_Industries_do\" title=\"What does Jivial Industries do?\">What does Jivial Industries do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#What_are_Jivial_Industries_IPO_financials\" title=\"What are Jivial Industries IPO financials?\">What are Jivial Industries IPO financials?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Why_is_Jivial_Industries_IPO_GMP_at_zero\" title=\"Why is Jivial Industries IPO GMP at zero?\">Why is Jivial Industries IPO GMP at zero?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#Is_the_Jivial_Industries_IPO_GMP_a_reliable_indicator_for_this_issue\" title=\"Is the Jivial Industries IPO GMP a reliable indicator for this issue?\">Is the Jivial Industries IPO GMP a reliable indicator for this issue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#What_is_the_Jivial_Industries_IPO_issue_size\" title=\"What is the Jivial Industries IPO issue size?\">What is the Jivial Industries IPO issue size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/jivial-industries-ipo-gmp-day-2\/#When_will_Jivial_Industries_IPO_allotment_happen\" title=\"When will Jivial Industries IPO allotment happen?\">When will Jivial Industries IPO allotment happen?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jivial_Industries_IPO_GMP_Complete_Snapshot\"><\/span><strong>Jivial Industries IPO GMP: Complete Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Parameter<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Issue Type<\/td>\n<td>Fixed Price Issue \u2014 BSE SME<\/td>\n<\/tr>\n<tr>\n<td>Issue Price<\/td>\n<td>\u20b9196 per share (fixed price)<\/td>\n<\/tr>\n<tr>\n<td>Lot Size<\/td>\n<td>600 shares (min retail: 1,200 shares = 2 lots)<\/td>\n<\/tr>\n<tr>\n<td>Minimum Investment<\/td>\n<td>\u20b92,35,200 (at issue price)<\/td>\n<\/tr>\n<tr>\n<td>Issue Size<\/td>\n<td>\u20b931.98 Crore (Fresh \u20b926.59 Cr + OFS \u20b95.34 Cr)<\/td>\n<\/tr>\n<tr>\n<td>GMP Today<\/td>\n<td>\u20b90 (nil grey market premium)<\/td>\n<\/tr>\n<tr>\n<td>Expected Listing Price<\/td>\n<td>\u20b9196 (at issue price, no premium)<\/td>\n<\/tr>\n<tr>\n<td>Expected Listing Gain<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Exchange<\/td>\n<td>BSE SME<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>Bigshare Services Pvt. Ltd.<\/td>\n<\/tr>\n<tr>\n<td>Lead Manager<\/td>\n<td>Corporate Makers Capital Ltd.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Jivial_Industries_IPO_GMP_Analysis_What_the_Grey_Market_is_Saying\"><\/span><strong>Jivial Industries IPO GMP Analysis: What the Grey Market is Saying<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A Jivial Industries IPO GMP of \u20b90 through Day 2 of the subscription period is not unusual for a fixed-price SME IPO in a niche manufacturing segment. Unlike book-built issues where strong QIB anchoring drives grey market enthusiasm, fixed-price SME IPOs often see flat GMP until Day 2 or Day 3 subscription data reveals actual demand. The company&#8217;s fundamentals \u2014 ROE above 40%, ROCE above 47%, near-zero debt, and 3 patented product designs \u2014 are strong for its scale (\u20b912 crore revenue in FY25). However, the small size and early-stage track record since 2021 mean grey market participants are waiting for subscription numbers before assigning a premium. Monitor the Jivial Industries IPO GMP and subscription ratio closely on Day 2 and Day 3.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Jivial_Industries_Limited\"><\/span><strong>About Jivial Industries Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jivial Industries Limited manufactures two primary types of aluminium railings: continuous profiles that hold glass from the bottom, and handrails that support glass from the top. Its product range includes aluminium spigots, conceals, bends, jointers, locks, and end caps catering to residential, commercial, and infrastructure applications. The company serves construction companies, architects, interior designers, glass providers, and fabricators across Gujarat, Maharashtra, Chhattisgarh, Rajasthan, and Delhi. With 3 patented product designs and plans to expand into aluminium extrusion manufacturing (backward integration), Jivial is building a more integrated business model. IPO proceeds fund new machinery purchases, manufacturing facility renovation, and general corporate purposes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jivial_Industries_IPO_Key_Financials\"><\/span><strong>Jivial Industries IPO: Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For FY25, Jivial Industries reported revenue from operations of \u20b912.01 crore, EBITDA of \u20b93.75 crore, and PAT of \u20b92.97 crore. ROE stood at 41.09% and ROCE at 47.12%, exceptional return ratios for a manufacturing SME. The company is nearly debt-free with a debt-equity ratio of approximately 0.04. For the nine months ended December 2025, the company reported similar profitability levels, indicating business stability. The company had 18 permanent employees as of the filing date and is still in an early growth phase.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Should_You_Apply_for_Jivial_Industries_IPO\"><\/span><strong>Should You Apply for Jivial Industries IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Jivial Industries IPO GMP and Subscription on Univest Screener<\/strong><\/a><\/p>\n<p>The Jivial Industries IPO GMP of \u20b90 suggests the grey market has not yet shown enthusiasm for the issue, but the company&#8217;s strong return ratios and near-zero debt differentiate it from the average SME IPO. This IPO may be suitable for informed investors with a medium-term horizon who believe in India&#8217;s construction and architectural hardware growth story. The minimum investment of \u20b92,35,200 and BSE SME liquidity risk mean this is not appropriate for conservative or first-time SME IPO investors. Read the RHP and consult a SEBI-registered financial advisor before applying.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Jivial Industries IPO GMP on Day 2 is \u20b90, implying an expected listing at the issue price of \u20b9196. The aluminium railings manufacturer from Rajkot has impressive return ratios (ROE 41%, ROCE 47%) and a near-zero debt balance sheet despite a flat GMP. Track the Jivial Industries IPO GMP and live subscription data on Univest. Consult a SEBI-registered financial advisor before investing.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Jivial Industries IPO GMP and subscription data live on Univest.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Grey market premium (GMP) data is sourced from unofficial, unregulated market sources and may not be accurate. IPO details are sourced from publicly available company filings and news. GMP should not be the sole basis for investment decisions. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jivial_Industries_IPO_GMP_today\"><\/span><strong>What is the Jivial Industries IPO GMP today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Jivial Industries IPO GMP on Day 2 is \u20b90, meaning no grey market premium has been assigned. The expected listing price implied by the current GMP is \u20b9196, which is the fixed issue price, with no anticipated listing gain at current grey market sentiment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jivial_Industries_IPO_price\"><\/span><strong>What is the Jivial Industries IPO price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jivial Industries IPO is a fixed-price issue at \u20b9196 per share. The lot size is 600 shares, with retail investors required to apply for a minimum of 2 lots (1,200 shares) at \u20b92,35,200. HNI investors start from 3 lots at \u20b93,52,800.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Jivial_Industries_do\"><\/span><strong>What does Jivial Industries do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jivial Industries Limited is a Rajkot, Gujarat-based manufacturer of finished aluminium railings and architectural fixtures. Products include continuous profile railings (bottom glass support), handrails (top glass support), spigots, conceals, bends, brackets, jointers, locks, and end caps. Applications span balconies, staircases, glass partitions, and building facades in residential, commercial, and infrastructure projects.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Jivial_Industries_IPO_financials\"><\/span><strong>What are Jivial Industries IPO financials?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For FY25, Jivial Industries reported revenue of \u20b912.01 crore, PAT of \u20b92.97 crore (24.75% margin), ROE of 41.09%, and ROCE of 47.12%. The company is nearly debt-free with a debt-equity ratio of ~0.04. For 9M FY26 (April-December 2025), the company reported similar revenue and PAT, indicating stable profitability. It has 18 permanent employees and 3 patented product designs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Jivial_Industries_IPO_GMP_at_zero\"><\/span><strong>Why is Jivial Industries IPO GMP at zero?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Jivial Industries IPO GMP of \u20b90 reflects grey market caution toward a small (\u20b912 Cr revenue), early-stage (incorporated 2021), single-plant SME company with limited track record. Fixed-price SME IPOs also tend to see flat GMP until subscription data from Day 2 or Day 3 shows actual demand, especially when the company is in a niche segment like aluminium railings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Jivial_Industries_IPO_GMP_a_reliable_indicator_for_this_issue\"><\/span><strong>Is the Jivial Industries IPO GMP a reliable indicator for this issue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jivial Industries has strong return ratios (ROE 41%, ROCE 47%), near-zero debt, and 3 patented products in the growing architectural hardware segment. However, the company is small (\u20b912 Cr revenue), early-stage (2021), dependent on one plant, and listed on BSE SME where liquidity can be limited. This IPO is suitable only for informed, risk-tolerant investors. The Jivial Industries IPO GMP of \u20b90 reflects measured grey market sentiment. Consult a SEBI-registered financial advisor.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jivial_Industries_IPO_issue_size\"><\/span><strong>What is the Jivial Industries IPO issue size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Jivial Industries IPO issue size is \u20b931.98 crore, comprising a fresh issue of 13,59,600 equity shares and an offer for sale of 2,72,400 equity shares (total 16,32,000 shares at \u20b9196 per share). The shares will be listed on BSE SME. Net proceeds from the fresh issue fund new machinery, facility renovation, and general corporate purposes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_Jivial_Industries_IPO_allotment_happen\"><\/span><strong>When will Jivial Industries IPO allotment happen?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Jivial Industries IPO allotment is expected to be finalised within a few business days of the subscription period closing. Shares will be credited to successful applicants&#8217; demat accounts, and refunds processed for unsuccessful bids. Check allotment status on the Bigshare Services website using your PAN, application number, or demat account details.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Jivial Industries IPO GMP today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Jivial Industries IPO GMP on Day 2 is \u20b90, meaning no grey market premium has been assigned. The expected listing price implied by the current GMP is \u20b9196, which is the fixed issue price, with no anticipated listing gain at current grey market sentiment.\"}},{\"@type\":\"Question\",\"name\":\"What is the Jivial Industries IPO price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jivial Industries IPO is a fixed-price issue at \u20b9196 per share. The lot size is 600 shares, with retail investors required to apply for a minimum of 2 lots (1,200 shares) at \u20b92,35,200. HNI investors start from 3 lots at \u20b93,52,800.\"}},{\"@type\":\"Question\",\"name\":\"What does Jivial Industries do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jivial Industries Limited is a Rajkot, Gujarat-based manufacturer of finished aluminium railings and architectural fixtures. Products include continuous profile railings (bottom glass support), handrails (top glass support), spigots, conceals, bends, brackets, jointers, locks, and end caps. Applications span balconies, staircases, glass partitions, and building facades in residential, commercial, and infrastructure projects.\"}},{\"@type\":\"Question\",\"name\":\"What are Jivial Industries IPO financials?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For FY25, Jivial Industries reported revenue of \u20b912.01 crore, PAT of \u20b92.97 crore (24.75% margin), ROE of 41.09%, and ROCE of 47.12%. The company is nearly debt-free with a debt-equity ratio of ~0.04. For 9M FY26 (April-December 2025), the company reported similar revenue and PAT, indicating stable profitability. It has 18 permanent employees and 3 patented product designs.\"}},{\"@type\":\"Question\",\"name\":\"Why is Jivial Industries IPO GMP at zero?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Jivial Industries IPO GMP of \u20b90 reflects grey market caution toward a small (\u20b912 Cr revenue), early-stage (incorporated 2021), single-plant SME company with limited track record. Fixed-price SME IPOs also tend to see flat GMP until subscription data from Day 2 or Day 3 shows actual demand, especially when the company is in a niche segment like aluminium railings.\"}},{\"@type\":\"Question\",\"name\":\"Is Jivial Industries IPO a good investment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jivial Industries has strong return ratios (ROE 41%, ROCE 47%), near-zero debt, and 3 patented products in the growing architectural hardware segment. However, the company is small (\u20b912 Cr revenue), early-stage (2021), dependent on one plant, and listed on BSE SME where liquidity can be limited. This IPO is suitable only for informed, risk-tolerant investors. The Jivial Industries IPO GMP of \u20b90 reflects measured grey market sentiment. Consult a SEBI-registered financial advisor.\"}},{\"@type\":\"Question\",\"name\":\"What is the Jivial Industries IPO issue size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Jivial Industries IPO issue size is \u20b931.98 crore, comprising a fresh issue of 13,59,600 equity shares and an offer for sale of 2,72,400 equity shares (total 16,32,000 shares at \u20b9196 per share). The shares will be listed on BSE SME. Net proceeds from the fresh issue fund new machinery, facility renovation, and general corporate purposes.\"}},{\"@type\":\"Question\",\"name\":\"When will Jivial Industries IPO allotment happen?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Jivial Industries IPO allotment is expected to be finalised within a few business days of the subscription period closing. Shares will be credited to successful applicants' demat accounts, and refunds processed for unsuccessful bids. Check allotment status on the Bigshare Services website using your PAN, application number, or demat account details.\"}}]}<\/script><\/div><p><\/p>","protected":false},"excerpt":{"rendered":"<p>Jivial Industries IPO GMP Day 2: Grey Market Premium at \u20b90, Expected Listing at \u20b9196. 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