Bookbuilding IPO | ₹59 Cr | Listed at BSE SME | Thu, Sep 4, 2025 - Tue, Sep 9, 2025
Sharvaya Metals IPO is a book build issue of ₹58.80 crores. The issue is a combination of fresh issue of 0.25 crore shares aggregating to ₹49.00 crores and offer for sale of 0.05 crore shares aggregating to ₹9.80 crores.
Sharvaya Metals IPO bidding started from Sep 4, 2025 and ended on Sep 9, 2025. The allotment for Sharvaya Metals IPO was finalized on Sep 10, 2025. The shares got listed on BSE SME on Sep 12, 2025.
Sharvaya Metals IPO price band is set at ₹196 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,35,200 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,52,800.
Expert Global Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Globalworth Securities Ltd..
Refer to Sharvaya Metals IPO RHP for detailed Information.
IPO Open
Thu, Sep 4, 2025
IPO Close
Tue, Sep 9, 2025
Issue Price
₹196 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 4 to 9 Sep, 2025 |
| Listed on | Fri, Sep 12, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹192 to ₹196 |
| Issue Price | ₹196 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹59 Cr) |
| Reserved for Market Maker | 1,50,000 shares Globalworth Securities Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 23,50,000 shares (agg. up to ₹46 Cr) |
| Offer for Sale | 5,00,000 shares of ₹10 (agg. up to ₹10 Cr) |
| Net Offered to Public | 28,50,000 shares (agg. up to ₹56 Cr) |
| Share Holding Pre Issue | 75,30,000 shares |
| Share Holding Post Issue | 1,00,30,000 shares |
| BSE Script Code | 544506 |
| ISIN | INE0UJF01018 |
Sharvaya Metals IPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 28,50,000 shares, after excluding 1,50,000 shares allotted on a firm basis. Of the Net offer 14,23,200 (49.94%) are allocated to QIB, 4,28,400 (15.03%) allocated to NII 9,98,400 (35.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 14,23,200 | 49.94% | 47.44% |
| − Anchor Investor Shares Offered | 8,53,200 | 28.44% | |
| − QIB (Ex. Anchor) Shares Offered | 5,70,000 | 19.00% | |
| NII (HNI) Shares Offered | 4,28,400 | 15.03% | 14.28% |
| − bNII > ₹10L | 2,85,600 | 9.52% | |
| − sNII < ₹10L | 1,42,800 | 4.76% | |
| Retail Shares Offered | 9,98,400 | 35.03% | 33.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,50,000 | 5.00% | |
| Total Shares Offered | 30,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹2,35,200 |
| Individual investors (Retail) (Max) | 2 | 1,200 | ₹2,35,200 |
| S-HNI (Min) | 3 | 1,800 | ₹3,52,800 |
| S-HNI (Max) | 8 | 4,800 | ₹9,40,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,58,400 |
Sharvaya Metals IPO raises ₹16.72 crore from anchor investors. Sharvaya Metals IPO Anchor bid date is September 3, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Sep 3, 2025 |
| Shares Offered | 8,53,200 |
| Anchor Portion (₹ Cr.) | 16.72 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Oct 9, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Dec 8, 2025 |
Incorporated in 2014, Sharvaya Metals Limited is specializes in manufacturing, supplying, and exporting of aluminum products, including alloyed ingots, billets, slabs, sheets, and electric vehicle battery enclosures.
The company provides aluminum products for domestic and international customers, serving sectors like automotive, engineering, and electric vehicles, including OEM suppliers, tier one vendors, and LED light manufacturers.
The company operates a PLC-controlled 10-ton aluminum melting furnace and advanced machinery, including slab heating, rolling, cutting, and punching equipment, to manufacture high-quality aluminum ingots, billets, sheets, and circles.
Their products serve sectors such as cookware, consumer appliances, automotive, and defense.
Products:
As of March 31, 2025, the company had an employee base of 30 employees.
Competitive Strengths:
Sharvaya Metals Ltd.'s revenue increased by 58% and profit after tax (PAT) rose by 715% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 47.32 | 29.55 | 29.23 |
| Total Income | 112.76 | 71.58 | 70.53 |
| Profit After Tax | 12.51 | 1.54 | 1.95 |
| EBITDA | 19.30 | 3.56 | 3.37 |
| NET Worth | 22.78 | 7.63 | 6.09 |
| Reserves and Surplus | 15.25 | 0.40 | 3.09 |
| Total Borrowing | 14.97 | 13.47 | 14.92 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 9.00 |
| 2 | To fund capital expenditure for Civil construction and electrification | 5.17 |
| 3 | To fund capital expenditure for purchase of Plant and Machinery | 20.40 |
| 4 | General corporate purposes | 7.30 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 54.92% |
| ROCE | 49.39% |
| Debt/Equity | 0.66 |
| RoNW | 54.92% |
| PAT Margin | 11.12% |
| EBITDA Margin | 17.16% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 88.29% | 61.3% |
The Sharvaya Metals IPO is subscribed 4.83 times on September 9, 2025 5:04:36 PM (Day 4). The public issue subscribed 6.31 times in the individual investors category, 1.28 times in the QIB category, and 6.09 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.28 | 5,70,000 | 7,30,200 | 0 |
| NII* | 6.09 | 4,28,400 | 26,08,200 | 0 |
| bNII (bids above ₹10L) | 7.00 | 2,84,600 | 19,92,600 | |
| sNII (bids below ₹10L) | 4.31 | 1,42,800 | 6,15,600 | |
| Individual Investors | 6.31 | 9,98,400 | 63,01,200 | 0 |
| Total | 4.83 | 19,96,800 | 96,39,600 | 5,876 |
Total Application : 5,876
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Book Running Lead Manager | 0.15 |
| 2 | Underwriting Fees | 2.78 |
| 3 | Market Maker Fees | 0.09 |
| 4 | Brokerage, selling commission and upload fees | 0.02 |
| 5 | Fees payable to Registrar to Offer | 0.02 |
| 6 | Fees payable to Legal Advisor | 0.02 |
| 7 | Statutory Advertisement Expenses | 0.07 |
| 8 | Printing, advertising and marketing & promotion expenses | 4.45 |
| 9 | Payment to Sponsor Bank | 0.06 |
| 10 | Regulators including stock exchanges | 0.06 |
| 11 | Fees to Monitoring Agency | 0.03 |
| 12 | Others (including the Peer Review Auditors, Depositories fees and charges, ROC fees, Stamp duty, PCS fees, Fees of Chartered Engineers, and other misc. expenses of professionals as above mentioned etc. | 0.80 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹196.00 |
| Open | ₹219.00 |
| Low | ₹208.05 |
| High | ₹219.00 |
| Last Trade | ₹208.05 |
Lead Manager Reports
Sharvaya Metals IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹59 Crores. The issue is priced at ₹196 per share. The minimum order quantity is 600.
The IPO opens on Thu, Sep 4, 2025, and closes on Tue, Sep 9, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sharvaya Metals IPO using UPI as a payment gateway. Zerodha customers can apply in Sharvaya Metals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sharvaya Metals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sharvaya Metals IPO opens on Thu, Sep 4, 2025 and closes on Tue, Sep 9, 2025.
Sharvaya Metals IPO lot size is 600, and the minimum amount required for application is ₹2,35,200, with 2 lots being the minimum application size.
You can apply in Sharvaya Metals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sharvaya Metals IPO will be done on Wednesday, September 10, 2025, and the allotted shares will be credited to your demat account by Thu, Sep 11, 2025. Check the Sharvaya Metals IPO allotment status.
The Sharvaya Metals IPO listing date is on Fri, Sep 12, 2025.
