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SME IPO - Book Build

Adon Agro Commodities SME IPO Details 2026

₹66 - ₹70Price Band
₹44.03 Cr.Issue Size
2000Lot Size
AgroSector
Issue Open
29 June, 2026
Fresh Issue Only
Issue Close
1 July, 2026
Min 2 lots (retail)
Allotment Date
July 2, 2026
Lot size: 2000
Listing Date
July 6, 2026
BSE SME

All About Adon Agro Commodities IPO:

The Jivial Industries IPO size is ₹32 Cr crore. This total includes a fresh issue of ₹25 Cr crore. It also includes an offer for sale of ₹10 crore. It is a Fresh capital cum OFS issue. The IPO issue opens on June 23, 2026. It closes on June 25, 2026. The share allotment is expected on June 29, 2026. The listing date is July 1, 2026. Jivial Industries Limited is based in Rajkot, Gujarat. It operates in the Steel sector. The company filed its DRHP on 30th Sep 2025. It will list its shares on BSE SME. Bigshare Services Pvt.Ltd. is the registrar. Corporate Makers Capital Ltd. serves as the merchant banker for the offer.

IPO Highlights

IPO Details
Total Issue 16,32,000 shares
Fresh Issue 13,59,600 shares
Offer for Sale 2,72,400 shares
IPO Price Band ₹196
Face Value ₹10 per share
Lot Size 600 Shares
Listed on BSE SME
IPO Dates
DRHP Filed September 30, 2025
Issue Open June 23, 2026
Issue Close June 25, 2026
Allotment Date June 29, 2026
Refunds Initiation June 30, 2026
Credit of Shares June 30, 2026
Listing Date July 1, 2026

IPO Reservation and Lot Size

The company has reserved shares for various investor categories. The Retail Shares reservation is 50% of the Net Issue (83,79,300 shares). The QIB has 28.83% (23,92,600 shares). Further, the minimum lot size is 600 shares. The market maker reservation is 5% (81,600 shares).

IPO Issue Structure

IPO Reservation
QIB
23,92,600 (28.83%)
Anchor Investor
QIB (Ex. Anchor)
NII (HNI)
17,15,100 (20.67%)
bNII > ₹10L 11,16,200
sNII < ₹10L 55,98,900
Retail
41,90,000 (50.50%)
Market Maker
81,600
Total
16,32,000 (100.00%)
IPO Lot Size
Retail (Min)
Small Investor Quota
2 | 1200 Shares
₹2,35,200
Retail (Max)
Retail Investment Limit
2 | 1200 Shares
₹2,35,200
S-HNI (Min)
Small HNI (₹2L – ₹10L)
3 | 1,800 Shares
₹3,52,800
S-HNI (Max)
Small HNI (Up to ₹10 L)
– | – Shares
₹-
B-HNI (Min)
Big HNI (Above ₹10L)
– | – Shares
₹-

On September 30, 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.

Financial Performance (₹ in Cr)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Total Income12.0711.068
Profit After Tax2.972.411
EBITDA3.753.081
Net Worth8.725.752
Assets10.256.9410
Total Debt0.380.440

Key Performance Indicator

ParticularsFY25FY24FY23
EBITDA Margin (%)31.2227.7816.92
PAT Margin (%)24.7321.913.83
EPS (₹)8.9810.188
ROE (%)34.0642.0976
ROCE (%)47.1277.72149
ROA (%)16.2734.8754
Debt to Equity (x)0.040.070

To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus.

Jivial IndustriesSME IPO Review

You must look at the financial position of the company before deciding on the investments. You can read our full review article here.

Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.

IPO Financial Snapshot

IPO Objectives
Purchase of new machineries ₹14.40 Cr.
Capital expenditure for renovation of manufacturing facility ₹4.00 Cr.
General Corporate Purposes ₹3.99 Cr.
Issue Expenses ₹4.25 Cr.
Total Fund Requirement ₹26.64 Cr.
IPO Key Metrics
Pre IPO EPS
8.98
Earnings Per Share
Post IPO EPS
8.42
Earnings Per Share
Pre IPO P/E
21.83
Price to Earnings
Post IPO P/E
23.29
Price to Earnings
Market Capitalization
₹91.52 Cr.
Post-IPO Market Cap

Jivial Industries Company Details

Jivial Industries Limited started its business in 2021. The company operates in the Steel sector. It manufactures finished aluminium railings and fixtures for the Indian market. Its main office is in Rajkot. The firm employs 18 workers in various departments. 

Main Offerings:

  • Aluminium Hand Railings
  • Aluminum railing
  • Aluminum Spigots
  • Aluminium Conceal

Key Strength:

  • Strong Brand reputation
  • Strong financials
  • Strong Customer Base
  • Experienced Management

Company Address: Shade No. A1/5, Road C, Beside Daynamatic Forge, AJI GIDC, Rajkot, AJI Industrial Estate, Rajkot, Gujarat, 360003

You can contact the company via call or email.

+91-8469022953 | cs@jivialrailings.com

Intermediaries & Key Contacts

Official stakeholders managing the IPO process
REGISTRAR
Kfin Technologies Ltd.
04067162222
aacl.ipo@kfintech.com
LEAD MANAGER
Galactico Corporate Services Ltd.
MARKET MAKER
RESERVATION
Shares Reserved: 3,16,000 shares (agg. up to ₹2 Cr)
PROMOTERS
Mr. Narayanswamy Venkitkrishnan
Mrs. Jigisha Narayanswamy
Mr. Shubham Ratan Sharma
Pre-Issue90.04%
Post-Issue65.44%

Frequently Asked Questions

What is the Adon Agro Commodities IPO?

Adon Agro Commodities IPO is 44Cr issue with new equity shares to raise this entire fund. The issue opens on June 29 2026. It closes on July 1 2026.

What is the lot size for retail investors?

The minimum lot size is 2000 shares in Adon Agro Commodities IPO. Retail investors must apply for a minimum of 2 lots.

When will the IPO open and close for subscription?

Adon Agro Commodities IPO issue opens on June 29 2026. It closes on July 1 2026.

Where will the Adon Agro Commodities IPO shares list?

The shares will list on the BSE SME platform. The tentative listing date is July 6 2026.

When is the Adon Agro Commodities IPO allotment?

The company will finalize the share allotment on July 2 2026. The registrar will credit successful shares to your demat account by July 3 2026. You can check the application status online on the official tracking portal.

How can investors apply for the Adon Agro Commodities IPO

 You can apply for this public issue online through your bank account via net banking ASBA services. Investors can also submit bids through online stockbrokers using their UPI ID handles. Most mainstream financial institutions and discount brokers support these digital payment methods.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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