Sharvaya Metals IPO
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Sharvaya Metals IPO details
Schedule of Sharvaya Metals
| Issue open date | 04 Sep 2025 |
| Issue close date | 09 Sep 2025 |
| UPI mandate deadline | 09 Sep 2025 (5 PM) |
| Allotment finalization | 10 Sep 2025 |
| Refund initiation | 11 Sep 2025 |
| Share credit | 11 Sep 2025 |
| Listing date | 12 Sep 2025 |
| Mandate end date | 24 Sep 2025 |
| Lock-in end date for anchor investors (50%) | 10 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 09 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Sharvaya Metals
Sharvaya Metals is engaged in the manufacturing of aluminium alloy products including ingots, billets, slabs, sheets, circles, and EV battery housings. Its manufacturing facility is located in Ahmednagar, Maharashtra, equipped with melting, casting, and rolling infrastructure. The company caters to a wide range of industries such as cookware, consumer appliances, LED lighting, automotive, EVs, aviation, defence, extrusions, and construction.
Financials of Sharvaya Metals
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹58.80 crores |
| Fresh Issue | ₹49 crores |
| Offer for sale | ₹9.8 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital expenditure | 24.97 (50.95%) |
| Working capital requirements | 10 (20.40%) |
| General corporate purposes | 12.25 (25%) |
| Miscellaneous | 1.78 (3.65%) |
Strengths
- Wide product range covering traditional aluminium alloys and EV-specific components.
- Advanced in-house manufacturing with automated melting and rolling facilities.
- Presence in the emerging EV market through battery housing products.
- Established customer base across multiple industrial sectors.
- Improving financial performance with healthy return ratios.
Risks
- Low profit margins compared to industry peers.
- High leverage may impact financial flexibility.
- A small workforce base may constrain scalability.
- Revenue concentration in cyclical metal and EV sectors.
Allotment Status for Sharvaya Metals
To check your allotment status – click here.
Subscription Figures for Sharvaya Metals
As per media reports (Link), the Grey Market Premium (GMP) of Sharvaya Metals is reported at ₹26 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 09, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 5.70 | 7.30 | 1.28x |
| NII | 4.28 | 26.08 | 6.09x |
| Retail | 9.98 | 63.01 | 6.31x |
| Total | 19.96 | 96.39 | 4.83x |