Sharvaya Metals Ltd. has launched its Initial Public Offering (IPO) on the BSE SME platform. The issue, valued at ₹58.80 crore, has drawn attention due to its focus on aluminum products and EV-related components. Here’s a detailed breakdown of the Sharvaya Metals IPO, including dates, price band, GMP, subscription data, allotment details, and listing expectations.
📌 Company Overview
- Name: Sharvaya Metals Ltd.
- Industry: Aluminum manufacturing and EV components
- Headquarters: Ahmednagar, Maharashtra
- Products: Aluminum ingots, billets, slabs, sheets, circles, and EV battery housing solutions
- Promoter: Shreyas Katariya
- Incorporation: Converted to a public limited company in 2024
📌 IPO Details
- Issue Size: ₹58.80 crore
- Fresh Issue: ₹49 crore
- OFS: ₹9.80 crore
- Price Band: ₹192 – ₹196 per share
- Lot Size: 600 shares
- Minimum Investment: ₹1,17,600
- Total Shares Offered: 30,00,000
- Listing Exchange: BSE SME
📌 IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | 4 September 2025 |
| IPO Closes | 9 September 2025 |
| Basis of Allotment | 10 September 2025 |
| Refunds & Credit of Shares | 11 September 2025 |
| Listing Date (BSE SME) | 12 September 2025 |
📌 Utilization of Funds
- Capital Expenditure – ₹24.97 crore (50.95%)
- Working Capital – ₹10 crore (20.4%)
- General Corporate Purposes – ₹12.25 crore (25%)
- Miscellaneous – ₹1.78 crore (3.65%)
📌 Strengths of Sharvaya Metals
- Strong product portfolio across industries
- Rising demand from the EV ecosystem
- Use of IPO proceeds for expansion and modernization
- Growing aluminum consumption in India
📌 Risks to Consider
- Fluctuations in global aluminum prices
- SME listing has lower liquidity vs mainboard IPOs
- Competition from established players (Hindalco, NALCO, etc.)
- Working capital intensive operations
📌 Market Outlook
- India’s aluminum demand expected to grow 6–8% CAGR in 5 years
- EV adoption boosting demand for lightweight aluminum parts
- SME IPOs showing strong retail participation and healthy listings
📌 Should You Invest?
- For Listing Gains: GMP and retail demand suggest 10–12% potential upside.
- For Long-Term: Good exposure to aluminum & EV growth story, but investors must consider risks of price volatility and SME market liquidity.
📌 Key Takeaways
- Sharvaya Metals IPO runs from 4–9 Sept 2025 at ₹192–₹196 per share.
- Strong retail participation and moderate QIB demand.
- GMP around 11% shows positive listing expectations.
- Good for short-term listing gains and selective long-term exposure.
Subscription
| Investor | 04 Sep 2025 | 05 Sep 2025 | 08 Sep 2025 |
|---|---|---|---|
| Anchor | 0 | 0 | 0 |
| QIB | 0.90 | 0.90 | 0.90 |
| Non-Institutional | 1.25 | 1.06 | 2.58 |
| BNII | 1.83 | 1.45 | 2.71 |
| SNII | 0.11 | 0.31 | 2.33 |
| Retail | 1.95 | 2.37 | 4.35 |
| Total | 1.50 | 1.67 | 2.98 |
GMP Trend:
| Date | GMP |
|---|---|
| 04 Sep 2025 | ₹18 |
| 05 Sep 2025 | ₹16(8.16%) |
| 08 Sep 2025 | ₹8(4.08%) |
It should be noted that IPO GMP is subject to extreme volatility, so an investment decision based solely on Patel Retail IPO GMP will prove risky. Therefore, before to investing, consider all factors and make the right investment decision whether to invest in Patel Retail IPO or not.
How to Check IPO Allotment Status:
Bigshare Services
To check IPO allotment status, follow the steps below:
- Click on the below allotment status check button.
- Select Company Name.
- Enter your PAN Number, Application Number or DP Client ID (Anyone).
- Click on Search.
NSE Website
To check IPO allotment status, follow the steps below:
- Click on the below allotment status check button.
- Select Company Name.
- Enter your PAN Number, Application Number or DP Client ID (Anyone).
- Click on Search.
BSE Webiste
To check IPO allotment status, follow the steps below:
- Click on the below allotment status check button.
- Select Company Name.
- Enter your PAN Number, Application Number or DP Client ID (Anyone).
- Click on Search.
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- Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
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- ⚠️ IPO (Initial Public Offerings)
- IPO details, issue size, subscription data, and allotment status shared here are based on publicly available information from company filings, stock exchanges, and merchant bankers.
- Investing in IPOs carries risks including listing volatility, business uncertainties, and sector performance dependency.
- Neither acceptance of applications nor allotment guarantees profits. Investors should evaluate their risk appetite before subscribing.
- ⚠️ GMP (Grey Market Premium)
- Grey Market Premium (GMP) is an unofficial and unregulated indicator of expected IPO listing price.
- GMP data is collected from market observers and informal trading circles; it does not have any legal or SEBI recognition.
- GMP values are highly speculative and may differ significantly from actual listing prices. Investors should not rely solely on GMP while taking investment decisions.
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