Jivial Industries SME IPO Review | APPLY or AVOID?
Jivial Industries Limited started in 2021. It operates in the Steel industry. It provides finished aluminium railings and fixtures to its customers across India. This business is based in Rajkot, Gujarat. This IPO review covers the main facts of the offer. It helps you decide if the issue fits your portfolio. Jivial Industries Limited shows steady growth. The business holds a highly robust profit margin track record. Updated review will be available soon.
✅ Strengths
⚠️ Challenges
Financial Update
The company released its restated financial statements for the year ending March 31, 2025. Total revenue was ₹12.07 crore increased from ₹11.06 in previous year. The net profit for the same period was 2.97 crore increased from ₹2.41 in previous year. Assets increased by 47.69% compared to the previous year. The company expands its business numbers at a regular pace. Net profits jumped significantly over the last three financial years. Total debt numbers remain very low for this setup. This trend should be carefully studied prior to any investment. Updated review will be available soon.
IPO Valuation
The upper price band is ₹–. This price leads to a Price-to-Earnings (P/E) ratio of 21.83. The average P/E for the industry is –. The promoters have not declared the final share price yet. Peer companies trade at different valuation scales. You must check the final price before applying. Updated review will be available soon.
IPO Objective
Company will use Offer proceeds to meet stated objectives:
- To fund capital expenditure requirements on new manufacturing facility for crash barriers and solar panel structures costing ₹2.20 crore
- To manage the general working capital requirements for raw material procurement costing ₹13.75 crore
- To meet general corporate purposes for the overall enterprise administration
Promoters & Lead Manager
- Anand Jitendrabhai Chovatiya and Sheetalben Anand Chovatiya are the promoters of the company.
- Corporate Makers Capital Limited handles the entire issue management
Peer Comparison
Below is the comparison of the company with its listed peers using data from March 31, 2025. The company holds an outstanding return on net worth. The basic earnings per share metric matches well against competitors. Updated review will be available soon.
| Company Name | EPS (Basic) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|
| Jivial Industries Ltd. | 8.98 | 26.33 | 22 | 41.09 | 7.54 | |
| Anb Metal Cast Limited | 20.15 | 83.09 | 25 | 32.44 | 6.04 | Standalone |
| Euro Panel Products Ltd | 11.1 | 65.61 | 16 | 18.5 | 2.74 | Standalone |
| Sudal Industries Ltd | -1.08 | 28.48 | 2.39 | 1.39 | Standalone |
Financial data sourced from annual reports and stock exchange data, using restated financial statements for 2024-25. NAV per share (closing net worth divided by weighted average number of paid-up equity shares) and RoNW (net profit after tax divided by closing net worth).
IPO Review & Analyst Rating
The formal analysis from market reviewers is currently unavailable for this fixed issue.
| Analyst Name | Recommendation |
|---|---|
| – | – |
| – | – |
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Disclaimer: The information on the site is informational only. The contents of this blog are not financial advice. You should not invest in any stock market instrument without consulting your Financial advisor.
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