IPO Details
Bidding Dates
04 Sep '25 - 09 Sep '25
Minimum Investment
₹2,35,200/ 2 Lots (1,200 Shares)
Price Range
₹192 -₹196
Maximum Investment
₹2,35,200/ 2 Lots (1,200 Shares)
Retail Discount
To be announced
Issue Size
₹58.80 Cr
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |Sharvaya Metals IPO Important Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Sep 04, 25
IPO Closing Date
Sep 09, 25
Basis of Allotment
Sep 10, 25
Initiation of Refunds
Sep 11, 25
IPO Listing Date
Sep 12, 25
IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
|
Day 1Sep 3, 2025 |
0.90 | 0.00 | 0.64 | 0.58 |
About Sharvaya Metals IPO
Sharvaya Metals IPO is a book-built issue with a total size of ₹58.80 crore. The issue includes a fresh issue of 0.25 crore shares worth ₹49.00 crore and an offer for sale of 0.05 crore shares aggregating to ₹9.80 crore. The IPO opens for subscription on September 4, 2025, and closes on September 9, 2025.
The basis of allotment is expected to be finalised on September 10, 2025. The shares are proposed to be listed on the BSE SME, with a tentative listing date of September 12, 2025. The price band for Sharvaya Metals IPO has been fixed between ₹192.00 and ₹196.00 per share.
The lot size is set at 600 shares. A retail investor is required to make a minimum investment of ₹2,35,200 for 1,200 shares at the upper price band. For High Net-worth Individuals (HNIs), the minimum application is for three lots or 1,800 shares, amounting to ₹3,52,800.
Expert Global Consultants Private Limited is the book running lead manager, Bigshare Services Private Limited is the registrar, and Globalworth Securities Limited is the market maker for this IPO. Refer to Sharvaya Metals IPO RHP for complete details.
Sharvaya Metals IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- ₹900.00 lakh will be used to meet working capital requirements, ensuring smooth daily operations and timely payments.
- ₹517.44 lakh is planned for civil construction and electrification to strengthen infrastructure and improve efficiency.
- ₹2,040.32 lakh will be allocated for the purchase of plant and machinery, which will expand production capacity and enhance product quality.
- The balance amount will be used for general corporate purposes, covering administrative needs and future growth opportunities.
About Sharvaya Metals Limited
Sharvaya Metals Limited is engaged in the business of providing aluminium products to both domestic and international customers. The company has been in operation for more than 10 years and set up its manufacturing unit in 2017. Incorporated in 2014 as a private limited company, Sharvaya Metals converted into a public limited company in February 2024.
Its product portfolio includes aluminium alloyed ingots, billets, slabs, sheets, circles, and electric vehicle battery housings. These products cater to a wide range of industries such as cookware, consumer appliances, electric vehicles, LED, aviation, defence, automotive, construction, and extrusions.
The company works with direct OEMs and their suppliers, offering both standard and tailor-made products based on customer requirements.The manufacturing unit of Sharvaya Metals is located in Ahmednagar, Maharashtra. This facility is strategically positioned with access to skilled labour, water, power, and transportation. The unit is equipped with advanced machinery, including PLC-controlled melting furnaces, rolling machines, and specialised equipment for sheet and circle production. It also houses a quality control and R&D laboratory to meet stringent industry requirements.
Sharvaya Metals has shown strong financial growth in recent years. Revenue from operations increased from ₹7,015.04 lakh in Fiscal 2023 to ₹11,251.66 lakh in Fiscal 2025, registering a CAGR of 26.65 percent. Net profit also rose significantly from ₹194.96 lakh in Fiscal 2023 to ₹1,250.93 lakh in Fiscal 2024, achieving a CAGR of 153.30 percent. Improved EBITDA margins, rising profitability, and a stronger balance sheet reflect the company’s operational efficiency.
Industry Outlook
- India’s aluminium demand is expected to reach 9 million tons by 2033, up from around 4.5 million MT currently. With per capita consumption at only 3.1 kg compared to the world average of 12 kg and China’s 31.7 kg, there is strong potential for growth across sectors like automobiles, construction, and packaging.
- Global aluminium demand is projected to rise from 86.2 million tons in 2020 to 119.5 million tons by 2030, requiring an additional 33.3 million tons of supply. Key growth drivers include EV production, renewable energy, urbanisation, and sustainable packaging.
- In India, aluminium consumption is concentrated in electrical (48%), automobile and transport (15%), and construction (13%), reflecting rising infrastructure needs and the shift towards electric vehicles and renewable energy.
How To Apply for the Sharvaya Metals IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Sharvaya Metals IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Sharvaya Metals IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Sharvaya Metals Limited
Registered office: Gat No. 59, Nagar Kalyan Road, Bhalawani, Tal-Parner, Ahmed Nagar, Parner - 414302, Maharashtra, India
Phone: +91 91754 48177
E-mail: cs@sharvayametals.com
Sharvaya Metals IPO Reservation
|
Investor Category |
Shares Offered |
|
Market Maker Shares |
1,50,000 (5.00%) |
|
QIB Shares |
14,23,200 (47.44%) |
|
NII (HNI) Shares |
4,28,400 (14.28%) |
|
Retail Shares |
9,98,400 (33.28%) |
|
Total Shares |
30,00,000 (100.00%) |
Sharvaya Metals IPO Lot Size Details
|
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 Promoter Holding
The promoter of the company is Shreyans Katariya.
|
Share Holding Pre-Issue |
88.29% |
|
Share Holding Post Issue  |
- |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Sharvaya Metals IPO Anchor Investors Details
|
Particulars |
Details |
|
Bid Opening Date |
September 3, 2025 |
|
Total Shares Allotted |
8,53,200 |
|
Anchor Investor Portion |
₹16.72 crore |
|
Lock-in End Date for 50% of Shares (30 Days) |
October 10, 2025 |
|
Lock-in End Date for Remaining 50% of Shares (90 Days) |
December 9, 2025 |
Key Performance Indicators for Sharvaya Metals IPO
|
KPI |
Value |
|
ROE (%) |
54.92 |
|
RoCE (%) |
49.39 |
|
Debt/Equity  |
0.66 |
|
RoNW (%) |
54.92 |
|
PAT Margin (%) |
11.12 |
|
EBITDA Margin (%) |
17.16 |
Sharvaya Metals IPO Prospectus
Sharvaya Metals IPO Registrar and Lead Managers
Sharvaya Metals IPO Lead Managers
- Expert Global Consultants Private Limited
Registrar for Sharvaya Metals IPO
Bigshare Services Private Limited
- Contact Number: +91-22-6263 8200
- Email Address: info@bigshareonline.com
- Sharvaya Metals IPO Registrar: https://ipo.bigshareonline.com/IPO_Status.html
Financial Performance of Sharvaya Metals Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|---|
| Revenue from Operation (in ₹ lakh) | 11,251.66 | 7,145.35 | 7,015.04 |
| Profit/loss After Tax (in ₹ lakh) | 1,250.93 | 153.57 | 194.96 |
| PAT Margin (%) | 11.12 | 2.15 | 2.78 |
| Net Worth (in ₹ lakh) | 2,277.77 | 762.84 | 609.27 |
| Debt To Equity Ratio (x) | 0.66 | 1.77 | 2.45 |
| Return on Capital Employed (RoCE) (%) | 49.39 | 15.44 | 15.91 |
| EBITDA (in ₹ lakh) | 1,930.29 | 355.68 | 336.70 |
Know before investing
Strengths
8-
Fully integrated facility with aluminium ingots, billets, slabs and circles production.
-
Multi-product aluminium portfolio catering to diverse customer needs across industries.
-
ISO 9001:2015 certified with stringent three-stage quality control checks.
-
Customer-focused approach ensuring repeated orders and long-term business relationships.
-
Optimal utilisation of resources through efficient procurement and management systems.
-
Expanding presence in automobile and EV sectors with strong branding strategy.
-
Advanced German technology and automation adopted to boost efficiency and reduce costs.
-
Diversified customer base in India and overseas driving retention and growth.
Risks
8-
No long-term agreements with suppliers may disrupt raw material availability and pricing.
-
Heavy reliance on few customers without long-term contracts risks revenue stability.
-
Under-utilisation of 4800 metric ton annual production capacity may reduce profitability.
-
Pending statutory clearances and approvals may delay projects and affect operations.
-
Raw material procurement concentrated with 40.38% from the Middle East in FY25.
-
The single production unit in Ahmednagar increases vulnerability to local disruptions.
-
Aluminium price volatility directly impacts revenue, margins, and financial performance.
-
Dependence on third-party logistics and shipping exposes operations to transport disruptions.
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Sharvaya Metals Limited Peer Comparison
| Company | Revenue from Operations (₹ in lakh) | Diluted EPS (₹) | P/E Ratio | Return on Net Worth (%) |
|---|---|---|---|---|
| Sharvaya Metals Limited | 11,251.66 | 17.08 | [●] | 54.92 |
| Maan Aluminium Limited | 81,017.00 | 2.87 | 41.00 | 4.97 |
| Manaksia Aluminium Company Limited | 50,914.75 | 0.92 | 33.18 | 4.47 |
| Baheti Recycling Industries Limited | 52,430.68 | 17.37 | 31.65 | 40.79 |
Sharvaya Metals IPO FAQs
Sharvaya Metals IPO is a book-built issue IPO. It runs from September 4, 2025, to September 9, 2025.
The Basis of Allotment will happen on Wednesday, September 10, 2025.
The IPO subscription window will open on September 4, 2025.
The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 600 shares.
The listing date for Sharvaya Metals IPO is Friday, September 12, 2025.
The issue size of the Sharvaya Metals IPO is ₹58.80 crore.
The open and close dates for Sharvaya Metals IPO are from September 4, 2025, to September 9, 2025.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
- Multiple Submissions: Use different Demat accounts to make multiple applications.
- Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
- Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
To read Sharvaya Metals Limited’s financial statements, download the IPO’s RHP document.
Pre-apply allows investors to apply for the Sharvaya Metals IPO two days before the subscription period opens, ensuring an early submission of your application.
Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.
You will receive a notification once your order is successfully placed with the exchange after the bidding starts.
Bigshare Services Private Limited is the registrar responsible for managing the IPO allotment process and handling investor queries.
The Sharvaya Metals IPO is proposed to be listed on the SME platform of the Bombay Stock Exchange (BSE).
