Jivial Industries Ipo
Jivial Industries IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Corporate Makers Capital Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 23, 2026 |
| IPO Close Date | June 25, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹196 Per Share |
| Issue Size | Approx ₹32 Crores |
| Fresh Issue | Approx ₹27 Crores |
| Offer for Sale: | Approx 2,72,400 Equity Shares |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1200 | ₹2,35,200 |
| Retail Maximum | 2 | 1200 | ₹2,35,200 |
| S-HNI Minimum | 3 | 1800 | ₹3,52,800 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 23,92,600 Shares | 28.55% |
| NII Shares Offered | 17,15,100 Shares | 20.47% |
| Retail Shares Offered | 41,90,000 Shares | 50.00% |
| IPO Open Date: | June 23, 2026 |
| IPO Close Date: | June 25, 2026 |
| Basis of Allotment: | June 29, 2026 |
| Refunds: | June 30, 2026 |
| Credit to Demat Account: | June 30, 2026 |
| IPO Listing Date: | July 1, 2026 |
| IPO Bidding Cut-off Time: | June 25, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 33,10,000 | 94.53% |
| Promoter Holding Post Issue | 46,69,600 | 61.16% |
| Purpose | Crores |
| Purchase of new machineries | ₹14.40 |
| Capital expenditure for renovation of manufacturing facility | ₹4.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹8.40 | ₹6.98 | ₹1.17 | ₹10.25 |
| 2024 | ₹11.06 | ₹8.12 | ₹2.41 | ₹6.94 |
| 2025 | ₹12.07 | ₹8.48 | ₹2.97 | ₹10.25 |
| Dec 2025 | ₹12.20 | ₹8.59 | ₹2.95 | ₹14.11 |
| KPI | Values |
| ROE: | 41.09% |
| ROCE: | 47.12% |
| EBITDA Margin: | 31.23% |
| PAT Margin: | 24.75% |
| Debt to equity ratio: | 0.04 |
| Earning Per Share (EPS): | ₹8.98 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 41.09% |
| Net Asset Value (NAV): | ₹26.33 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| ANB Metal Cast Ltd | 20.15 | 24.86 | 32.44 | 83.09 | 225.19 Cr. |
| Euro Panel Products Ltd | 11.1 | 16.05 | 18.50 | 65.61 | 141.04 Cr. |
| Sudal Industries Ltd | (1.08) | – | 2.39 | 28.48 | 181.51 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |