Sharvaya Metals IPO GMP, Date, Price Band & Review

Sharvaya Metals IPO is set to open on September 4, 2025 and close on September 9, 2025, at ₹192.00 to ₹196.00 per share with a face value of Rs 10. Sharvaya Metals IPO has an issue size of Rs 58.8 Cr. by way of a combination of fresh issues of 25 lakh shares and an OFS of 5 lakh shares. The lot size is 600 shares and the category allocation is 50 percent for QIB, 15 percent for NII and 35 percent for Retail for the net issue. According to the tentative schedule of the issue, the basis of allotment will be made on September 10, 2025, refunds and credit to account on September 11, 2025 and listing at NSE and BSE on September 12, 2025.

Company Background

Sharvaya Metals Ltd. is a public company incorporated in the year 2014, which focuses on the manufacture, supply and export of aluminum products, including alloyed ingots, billets, slabs, sheets and electric vehicle battery enclosures. The company dispenses 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.

Operations & Product Range

Sharvaya manufactures aluminum sheets & circles in various sizes, thicknesses along with aluminum billets for the global extrusion industry, offering improved extrusion speed & strength, aluminum alloyed ingots from scrap or bauxite, used in automotive, electronics, machinery & construction industries for parts, window frames, doors and roofing, including gravity, sand & pressure die casting alloys, aluminum extrusion dies which are essential for producing precise, efficient continuous profiles with consistent cross-sections, known for their excellent mechanical and thermal properties. It has an employee base of 30 employees.

Facility & Production

Sharvaya Metals Ltd.'s manufacturing facility is located in Ahmednagar, Maharashtra, India. This location also has the company's R&D laboratory, which makes it its primary site for manufacturing operations. This facility handles the manufacturing of their major products, including aluminium alloyed ingots, billets, slabs, sheets, circles and EV battery housings.

Brands & Market Presence

Their market presence is characterized by working with OEMs and their suppliers in sectors like automotive, consumer appliances and cookware. The company leverages advanced machinery and aims to provide customized, high-quality aluminum solutions for a wide array of applications, including electric vehicles, aviation and construction.

Revenue Channels

Sharvaya Metals Ltd derives its revenue from supplying Aluminum products to other commercial users in both Domestic and International markets. Its extensive list of products manufactured includes aluminium alloyed ingots, aluminium billets, aluminium slabs, aluminium sheets, aluminium circles and electric vehicle (EV) battery housing.

Management & Shareholding

Promoters & shareholding

SML is managed by Mr. Shreyans Katariya, Managing Director and Mr. Balasaheb Kale, Executive Director with years of experience in business while Mr. Shreyans Katariya is the promoter of the company. All the current promoters are holding 88.29% of the pre-IPO capital of the company together.

Board Members

The current board & directors for Sharvaya Metals IPO include the Chairman, Managing Director CA. Shreyans Katariya, Executive Director, Balasaheb Kale, Non-Executive Director Pankaj Mahajan, Independent Director Surbhi Jain and Lakhan Gandhi.