Sharvaya Metals IPO is a book-built issue, aiming to raise ₹58.80 crore. It comprises a fresh issue of 25 lakh equity shares aggregating to ₹49.00 crore and an offer for sale of 5 lakh equity shares amounting to ₹9.80 crore. The IPO opened for subscription on September 4, 2025, and closed on September 9, 2025. The allotment is expected to be finalised on September 10, 2025, with listing scheduled on BSE SME on September 12, 2025.
The IPO was priced in the range of ₹192-₹196 per share with a lot size of 600 shares. The public issue received bids for 96,39,600 shares against 19,96,800 shares available, resulting in an overall subscription of 4.83 times, retail investors subscribed 6.31 times, NIIs 6.09 times, while QIBs subscribed 1.28 times.
Sharvaya Metals’ ₹58.80 crore IPO, priced at ₹192-₹196 per share, was subscribed 4.83 times overall. The IPO consists of a fresh issue of 25 lakh shares aggregating to ₹49.00 crore and an offer for sale of 5 lakh shares amounting to ₹9.80 crore. The IPO ran from September 4 to September 9, 2025, with the allotment to be finalised on September 10, 2025. Retail investors subscribed 6.31 times, while NIIs and QIBs subscribed 6.09 times and 1.28 times respectively. Listing is expected on September 12, 2025.
The table below breaks down the Sharvaya Metals share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,50,000 (5.00%) |
| QIB Shares Offered | 14,23,200 (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 (14.28%) |
| − bNII > ₹10L | 2,84,600 (9.49%) |
| − sNII < ₹10L | 1,42,800 (4.76%) |
| Retail Shares Offered | 9,98,400 (33.28%) |
| Total Shares Offered | 30,00,000 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 1.28 |
| Non-Institutional Investors | 6.09 |
| Retail Individual Investors | 6.31 |
| Total | 4.83 |
Note: The subscription details are as of September 9, 2025
Sharvaya Metals Limited, incorporated in 2014, is engaged in manufacturing, supplying, and exporting aluminium products such as alloyed ingots, billets, slabs, sheets, and electric vehicle battery enclosures. Its products serve industries including automotive, engineering, consumer appliances, and defence, catering to both domestic and international clients.
The company operates a fully integrated facility with advanced machinery including a PLC-controlled 10-ton aluminium melting furnace, slab heating, rolling, cutting, and punching equipment. Its offerings cover aluminium sheets and circles for cookware and electrical appliances, billets for extrusion industries, alloyed ingots for automotive and construction, and extrusion dies made from H13 die steel.
As of March 31, 2025, Sharvaya Metals employed 30 staff members. Its key strengths include a multi-product portfolio, integrated manufacturing, strong quality control, and customer-centric focus.
Financially, the company reported a 58% growth in revenue and a 715% rise in profit after tax in FY25 compared to FY24. Revenue stood at ₹112.76 crore, with profit after tax at ₹12.51 crore. Key performance indicators included an ROE of 54.92%, ROCE of 49.39%, PAT margin of 11.12%, and EBITDA margin of 17.16%.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 9, 2025, 6:19 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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