Sharvaya Metals IPO – Complete Details

Key Dates

• Opening Date: 4 September 2025
• Closing Date: 9 September 2025
• Basis of Allotment: 10 September 2025
• Refunds & Demat Credit: 11 September 2025
• Listing Date (BSE SME): 12 September 2025

Issue Details

• Issue Type: Book Built IPO
• Total Size: Around ₹58.8 crore
• Shares Offered: 30,00,000 equity shares
  • Fresh Issue: About 25,00,000 shares (₹49 crore approx.)
  • Offer for Sale (OFS): 5,00,000 shares (₹9.8 crore approx.)
• Face Value: ₹10 per share
• Price Band: ₹192 – ₹196

Lot Size & Investment

• Minimum Application (Retail): 1,200 shares = ₹2,35,200 (at upper price band)
• Small HNI: 1,800 shares = ₹3,52,800
• Big HNI: 5,400 shares = ₹10,58,400

Allocation

• Retail Investors: Minimum 35% of the issue
• Qualified Institutional Buyers (QIBs): Up to 50%
• Non-Institutional Investors (NIIs): Minimum 15%
• Market Maker: 1,50,000 shares (about 5%)

Company Overview

Sharvaya Metals, founded in 2014, operates a modern aluminium manufacturing plant in Ahmednagar, Maharashtra. The company produces a wide range of aluminium products such as:

• Ingots
• Billets
• Slabs
• Sheets & Circles
• EV battery housings

Its products serve industries like automotive, electric vehicles, defence, consumer goods, and lighting. The facility is equipped with advanced PLC-based furnaces, rolling mills, punching machines, and ISO-certified quality controls.

Financial Performance (FY25)

• Revenue: ₹112.8 crore (up from ₹71.6 crore in FY24)
• Profit After Tax: ₹12.5 crore (up from ₹1.8 crore in FY24)
• Net Worth (post-issue): ~₹22.8 crore
• Reserves: ~₹15.2 crore
• ROE: ~55%
• ROCE: ~49%
• Debt-to-Equity: ~0.66

Grey Market Premium (GMP)

• Current GMP is around ₹0, showing no major unofficial market activity yet.

Use of IPO Proceeds

Funds raised will be used for:

• Working capital requirements – ₹9 crore
• Construction & electrification – ₹5.2 crore
• Plant & machinery purchase – ₹20.4 crore
• General corporate purposes – balance amount

Quick Snapshot