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The Economic Times
The Economic Times
Akash Podishetti

Jivial Industries IPO opens for bidding. Check GMP, price band, subscription and other details

IPO BSE aluminium

Jivial Industries' SME IPO opened for subscription on Tuesday, with the grey market indicating a subdued listing. The company's shares commanded a grey market premium (GMP) of 0% ahead of the issue, suggesting no expected listing gains at current levels.

The BSE SME issue will close on June 25, while the shares are scheduled to list on July 1. The IPO is priced at Rs 196 per share and comprises a combination of a fresh issue worth Rs 26.65 crore and an offer for sale (OFS) of Rs 5.34 crore, taking the total issue size to Rs 31.99 crore.

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