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Sharvaya Metals IPO
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.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Sharvaya Metals IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Sharvaya Metals IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 4, 2025 to September 9, 2025 |
| September 4, 2025 to September 9, 2025 | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹192 to ₹196 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹58.80 Cr) |
| Reserved for Market Maker | 1,50,000 shares (aggregating up to ₹2.94 Cr) |
| Fresh Issue (Ex Market Maker) | 23,50,000 shares (aggregating up to ₹46.06 Cr) |
| Offer for Sale | 5,00,000 shares of ₹10 (aggregating up to ₹9.80 Cr) |
| Net Offered to Public | 28,50,000 shares (aggregating up to ₹55.86 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 75,30,000 shares |
| Share Holding Post Issue | 1,00,30,000 shares |
Sharvaya Metals IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Thu, Sep 4, 2025 |
| IPO Close Date | Tue, Sep 9, 2025 |
| Tentative Allotment | Wed, Sep 10, 2025 |
| Initiation of Refunds | Thu, Sep 11, 2025 |
| Credit of Shares to Demat | Thu, Sep 11, 2025 |
| Tentative Listing Date | Fri, Sep 12, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 9, 2025 |
Sharvaya Metals IPO Lot Size
| 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 | 1,800v | ₹3,52,800 |
| S-HNI (Max) | 8 | 4,800 | ₹9,40,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,58,400 |
Sharvaya Metals IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 88.29% |
| Promoter Holding Post Issue | Not more than 50% of the Net Offer |
Competitive Strength:
- ● Sharvaya Metals offers end-to-end manufacturing capabilities, enhancing efficiency and reducing reliance on third-party vendors.
- ● The company caters to a wide range of customer needs with a multi-product offering, adding flexibility and market appeal.
- ● Strong quality checks are in place at every stage of production, ensuring consistent and reliable product standards.
- ● The company prioritizes customer satisfaction, customized solutions and maintaining long-term client relationships.
Sharvaya Metals IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2024 | 38.44 | 41.31 | 4.11 | 12 | 16.54 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 30 | 72 | 2 | 8 | 13.47 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 29.23 | 70.53 | 1.95 | 6.09 | 14.92 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 24.6 | 40.95 | 0.4 | 4.14 | 17.87 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 15.52% |
| Debt/Equity | 1.71 |
| RoNW | 22.83% |
| PAT Margin | 2.52% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
Objectives of Sharvaya Metals IPO
The objectives of the Sharvaya Metals IPO are:
- The company intends to utilize ₹10 crore from the IPO proceeds to fulfill its working capital requirements, ensuring smooth day-to-day operations and financial flexibility.
- ₹24.97 crore from IPO proceeds will be allocated towards capital expenditure for the purchase of new plant and machinery to enhance production capacity and operational efficiency.
- The remaining funds will be used for general corporate purposes, supporting the company’s overall growth strategy and long-term business objectives.
Conclusion
The Sharvaya Metals IPO presents an opportunity for investors to participate in a growing player within the aluminum manufacturing industry, catering to key sectors such as automotive, engineering and electric vehicles. With a diversified product portfolio, a mix of domestic & international clientele and a strategic focus on expanding capacity and meeting working capital needs, the company is positioning itself for future growth. The Sharvaya Metals IPO, including a fresh issue and an OFS, aims at raising ₹58.8 Cr. to help fund capital expenditure and operational requirements. Investors may view this offering as a chance to be part of a niche yet essential segment of the metals industry.
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Frequently asked Questions (FAQs )
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1. What are the IPO dates for Sharvaya Metals?
The Sharvaya Metals IPO will open on September 4, 2025, and close on September 9, 2025. The allotment will be finalized on September 10, with listing expected on September 12, 2025, on the BSE SME platform.
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2. What is the price band and lot size for the Sharvaya Metals IPO?
The IPO is priced in a band of ₹192 to ₹196 per share. The lot size is 600 shares, meaning retail investors need to apply for a minimum of 1,200 shares (2 lots), amounting to ₹2,35,200.
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3. What is the total issue size and structure of the Sharvaya Metals IPO?
The total issue size of the Sharvaya Metals IPO is ₹58.8 crore, which includes a fresh issue of 25 lakh shares and an OFS of 5 lakh shares. The net issue is allocated 50% to QIBs, 15% to NIIs, and 35% to retail investors.
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4. How will the IPO proceeds be utilized?
Sharvaya Metals will use ₹24.97 crore to buy new plant and machinery and ₹10 crore for working capital needs. The remaining amount will be used for general corporate purposes.
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