Current IPO
Jivial Industries Ltd
Registered Office:
Shade No.A1/5 Road C Aji Gidc,Rajkot Ind Estate,
Gujarat ,
Rajkot,360003
Phone : +91 84690 22953
|
Fax : N/A
| Email :
cs@jivialrailings.com
| Website : www.jivialrailings.com
Initial public issue of upto 16,32,000 equity shares of face value of Rs. 10/- each of Jivial Industries Limited ("JIL" or the "Company" or the "Issuer") for cash at a price of Rs. 196 per equity share including a share premium of Rs. 186 per equity share (the "Issue Price") aggregating to Rs. 31.99 Crores ("The Issue"), comprising of fresh issue of 13,59,600 equity shares aggregating to Rs. 26.65 Crores (the " Fresh Issue") and an offer for sale of 2,72,400 equity shares by Anand Jitendrabhai Chovatiya and Sheetalben Anand Chovatiya ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer For Sale") aggregating to Rs. 5.34 Crores, out of which 81,600 equity shares of face value of Rs.10/- each for cash at a price of
Rs. 196 per equity share including a share premium of Rs. 186 per equity share aggregating to Rs. 1.60 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The public issue less the market maker reservation portion i.e. Net issue of 15,50,400 equity shares of face value of Rs.10/- each at a issue price of Rs. 196 per equity share including a share premium of Rs. 186 per equity share aggregating to Rs. 30.39 Crores is herein after referred to as the "Net Issue". The public issue and the net issue will constitute 34.95% and 33.20% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10/- each and the issue price is 19.60 times of the face value.
Fixed price issue at Rs. 196/- per equity share.
Minimum application size of 1,200 equity shares and in multiples of 600 equity shares thereafter.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Allotment | Application |
| 23-Jun-26 | 25-Jun-26 | 0.0 - 0.0 | 196.0 - 0.0 |
Minimum Application for shares in Nos : 1200.00 Further Multiples of : 600.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 22.39 |
Corporate Makers Capital Limited |
| Project Financed | 31.99 | |
| Post Issue | 4.67 | |
| Issue Price | 4.67 |
Projects
- Purchase of new machineries
- Capital expenditure for renovation of manufacturing facility
- General corporate purposes
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Promoted By
Anand Jitendrabhai Chovatiya
Sheetalben Anand Chovatiya
Jitendra Lavjibhai Chovatiya
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Listing At
BSE - SME
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Registrar to the Issue
Bigshare Services Pvt Ltd