New Delhi, June 29 -- Jivial Industries IPO allotment is likely to be finalised on Monday, 29 June. The SME IPO opened for subscription on 23 June and closed on 25 June.

The Jivial Industries IPO was subscribed 0.93 times by the last day of bidding. The retail investor segment saw a 0.22 times subscription, while the non-institutional investor (NII) portion was subscribed 1.57 times.

The company had received bids for 14,43,000 shares against the 15,50,400 shares available for subscription, according to chittorgarh.com.

Jivial Industries IPO GMP stood at Rs.0, indicating that the shares were trading at their issue price of Rs.196 in the grey market, without any premium or discount, according to investorgain.com.

The IPO has been priced...