Sharvaya Metals was incorporated on March 11, 2014. The company, with over 10 years of presence and a manufacturing unit since 2017, produces a wide range of aluminium products, including ingots, billets, slabs, sheets, circles, and EV battery housings. Its products serve diverse industries such as cookware, appliances, EVs, LED, aviation, defence, automotive, extrusions, and construction
| Bidding Dates |
|---|
| 04 Sep 2025 - 09 Sep 2025 |
| Subscription |
|---|
| 4.56x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,30,400 | 2 | 2 | 600 | 3.0 M | ₹192 - ₹196 | 61.3 % | ₹576.0 M - ₹588.0 M | RHP DOC |
Sharvaya Metals IPO SUBSCRIPTION STATUS
09 Sep '25Sharvaya Metals IPO overall subscription rate was 4.56 times the total available shares
Sharvaya Metals IPO retail subscription rate was 8.39 times in the retail segment
Sharvaya Metals IPO non-institutional investor subscription rate was 8.57 times in the non-institutional investor category
Sharvaya Metals IPO Qualified Institutional Bidder subscription rate was 0.68 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
- | - | - | - |
09 Sep 2025 (Day 5) | 8.39x | 8.57x | 0.68x |
08 Sep 2025 (Day 4) | 5.78x | 3.89x | 0.48x |
05 Sep 2025 (Day 3) | 3.15x | 1.88x | 0.48x |
04 Sep 2025 (Day 2) | 2.59x | 1.67x | 0.48x |
Sharvaya Metals FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 112.5 | 12.5 | 1.6 | -2.7 | 17.2% |
| FY24 | 71.5 | 1.5 | 3.4 | 2.6 | 5.0% |
| FY23 | 70.2 | 1.9 | 4.1 | 4.0 | 4.8% |
Sharvaya Metals IPO SUBSCRIPTION STATUS DETAILS
Sharvaya Metals had 3.0 M shares on offer
Sharvaya Metals IPO offer price was in the range ₹192 - ₹196
Sharvaya Metals IPO minimum Investment was ₹230400
Sharvaya Metals IPO issue size was ₹ 576.0 M - ₹ 588.0 M
Sharvaya Metals had a minimum lot size of 600 Shares per application
Sharvaya Metals NUMBER OF SHARES ON OFFER
Sharvaya Metals IPO IMPORTANT DATES
| Issue Open Date | 04 Sep 2025 |
| Issue close Date | 09 Sep 2025 |
| Allotment Date | 10 Sep 2025 |
| Refund Date | 11 Sep 2025 |
| Demat Account Credit Date | 11 Sep 2025 |
| Listing Date | 12 Sep 2025 |
| Listing on Exchange(s) | BSE |
| Sharvaya Metals Allotment Status | Exchange/ Registrar |
Sharvaya Metals IPO subscription opened on 04 Sep 2025, and closed on 09 Sep 2025
IPO allotment for Sharvaya Metals was finalized on Wednesday, 10 Sep 2025
IPO listing for Sharvaya Metals was on BSE on Friday, 12 Sep 2025
Sharvaya Metals IPO LISTING GAINS
| Issue Price (adjusted) | 196.0 |
| Listing Open Price | 219.0 |
| Listing Close Price | 208.1 |
| Listing Gain% | 11.7% |
| Current Gain% | -26.9% |
Sharvaya Metals Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sharvaya Metals Ltd. | 143.2 | 143.6 | 12.3 | -1.8 | 0.6 | 15.1 | 11.7 | 230.1 | 104.1 | 11.7 | -6.7 | 11.6 | -6.7 |
| Hindalco Industries Ltd. | 1054 | 236868.9 | 14.4 | -4.6 | 0.8 | 9.8 | 3.8 | 277833 | 15.2 | 13391 | -16.3 | 73 | -3.1 |
| Vedanta Aluminium Metal Ltd. | 472.6 | 184804.9 | 0 | -192.6 | 0 | 0 | -28.4 | ||||||
| Vedanta Ltd. | 283.6 | 110918.2 | 5.6 | 0.2 | 1 | 35 | 7.4 | 79987 | -48.9 | 17391 | 16 | 50.3 | 35.1 |
| National Aluminium Company Ltd. | 382.7 | 70287.9 | 10.4 | 0.6 | 3.6 | 26.8 | 21.8 | 18508.9 | 8 | 5797 | 10 | 36.8 | 17.8 |
| CMR Green Technologies Ltd. | 221.3 | 4847 | 13.9 | 5.5 | 8659.2 | 29.3 | 212.4 | 49.1 |
Sharvaya Metals INFORMATION ON IPO ISSUE
About Sharvaya Metals
Sharvaya Metals was incorporated on March 11, 2014. The company, with over 10 years of presence and a manufacturing unit since 2017, produces a wide range of aluminium products, including ingots, billets, slabs, sheets, circles, and EV battery housings. Its products serve diverse industries such as cookware, appliances, EVs, LED, aviation, defence, automotive, extrusions, and construction
Object of the Issue
- To meet the working capital requirements
- To fund capital expenditure for purchase of plant and machinery
- General corporate purposes
Sharvaya Metals - PROMOTERS
| Name |
|---|
| Shreyans Katariya |
Sharvaya Metals - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Shreyans Katariya | Chairman & Managing Director |
| Balasaheb Kale | Executive Director |
| Surbhi Jain | Non- Executive Independent Director |
| Lakhan Gandhi | Non- Executive Independent Director |
| Pankaj Mahajan | Non- Executive Director |
Sharvaya Metals Book Running Lead Manager
Expert Global Consultants Private Limited
ipo@expertglobal.in
Sharvaya Metals Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Sharvaya Metals Strengths
Integrated manufacturing facility
The company’s fully integrated manufacturing unit has adequate raw materials, utilities, and equipment for smooth operations. Continuous efforts are made to upgrade infrastructure and technology to meet market demands and ensure efficient production
Multi-product portfolio
The company’s long-term goal is to be a one-stop shop for non-ferrous metal products, offering a wide portfolio of aluminium products tailored to customer needs. Its focus on quality, technical expertise, and strong relationships helps secure repeat business and customer loyalty
Effective quality control
The company is ISO 9001:2015 certified for manufacturing and supplying aluminium products, ensuring stringent quality control from production to shipment. Each order is delivered to customer specifications, with alloy compositions analyzed using advanced spectrometer technology
Sharvaya Metals Risks
Demand & pricing
Aluminium demand and pricing are highly volatile, influenced by raw material costs, global supply-demand shifts, imports, transport costs, trade policies, and economic factors. Such fluctuations can materially impact the company’s operations, financials, and growth prospects
Transportation risks
The company’s operations depend on stable logistics and transportation for raw material supply and product delivery. Reliance on third-party road transport and freight ships exposes it to risks like delays, accidents, political instability, berth/rake allotments, and disruptions from events such as pandemics, which may impact costs and operations
Depend on certain industries
The company’s business depends on industries like automobiles, railways, tractors, and farm equipment, among others. Adverse changes in these or related sectors such as aviation, construction, appliances, cookware, defense, and engineering may reduce demand for its products and impact revenues
IPO FAQs
This IPO consists of an offer for sale of up to Rs 9.8 crore, of 500,000 shares. It also consists of a fresh issue of Rs 49.0 crore.
The promoter of the company is Shreyans Katariya.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 192.0 - 196.0.
The IPO application opens on Sep 04, 2025 and closes on Sep 09, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 230,400.0, the maximum value for this IPO is Rs 235,200.0.
This IPO will be allotted on Sep 10, 2025.
The refund will be credited to your account on Sep 11, 2025.
The allotted shares will be credited to your demat on Sep 11, 2025.
Sharvaya Metals Ltd.’s shares listed on the stock exchanges on Sep 12, 2025.