Sharvaya Metals IPO Price, Allotment and GMP
The SME segment of the Indian stock market continues to be a hub of activity, with numerous companies making their debut. The latest to join the list is Sharvaya Metals Limited, an integrated manufacturer of aluminum products. This blog post provides a detailed and unique analysis of the Sharvaya Metals IPO, covering its business, financial performance, IPO details, and an outlook for potential investors.
About Sharvaya Metals Limited
Sharvaya Metals is engaged in the manufacturing and supply of a diverse range of aluminum products, including alloyed ingots, billets, slabs, sheets, and components for Electric Vehicles (EVs). The company operates a fully integrated manufacturing facility in Ahmednagar, Maharashtra. Its products cater to a wide array of industries, including automotive, engineering, consumer appliances, and defense. The company's focus on quality control and its multi-product portfolio are among its key strengths. The recent surge in demand from the fast-growing EV sector for its battery enclosures has been a significant growth driver.
Sharvaya Metals IPO Details
The Sharvaya Metals IPO is a book-built issue of ₹58.80 crore, comprising a fresh issue of 25 lakh shares and an Offer for Sale (OFS) of 5 lakh shares by the promoter. The company will utilize the fresh issue proceeds primarily for working capital requirements and funding capital expenditure for the purchase of new plant and machinery, and civil construction.
IPO Key Dates
The IPO is currently open for subscription. Here is the schedule for the public issue:
| IPO Activity | Date |
|---|---|
| IPO Open Date | September 4, 2025 |
| IPO Close Date | September 9, 2025 |
| Basis of Allotment Finalization | September 10, 2025 |
| Initiation of Refunds | September 11, 2025 |
| Credit of Shares to Demat Account | September 11, 2025 |
| IPO Listing Date | September 12, 2025 |
Price and Lot Size
The company has set the price band for the IPO, with a fixed lot size for investors.
| Details | Information |
|---|---|
| Price Band | ₹192 to ₹196 per equity share |
| Minimum Lot Size | 600 shares |
| Minimum Investment (Retail) | ₹1,17,600 (at the upper price band) |
Financial Performance and GMP
Sharvaya Metals has shown a remarkable turnaround in its financial performance. Its revenue from operations increased by 58% in FY25, and its Profit After Tax (PAT) surged by over 715% in the same period. This substantial increase in profitability is a key highlight for potential investors. The company's financials also show a solid return on net worth (RoNW) and a manageable debt-to-equity ratio.
The Grey Market Premium (GMP) for Sharvaya Metals has been positive, hovering around 11% over the issue price. This suggests a positive market sentiment and the potential for listing gains. However, investors should remember that GMP is an unofficial indicator and does not guarantee the final listing price. It's a key factor for those looking for short-term gains, but fundamental analysis remains crucial for long-term investment.
Sharvaya Metals IPO Allotment Status
The allotment status for the IPO is expected to be finalized on September 10, 2025. You can check the status on the website of the official registrar, Bigshare Services Pvt. Ltd., using your PAN number or application number. The shares will be credited to the demat accounts of successful applicants on September 11, 2025.
Disclaimer
This blog post is for informational purposes only and does not constitute financial advice. The IPO market is subject to various risks, and investment decisions should be based on a thorough analysis of the company's prospectus, financial statements, and your own risk tolerance. Please consult with a qualified financial advisor before making any investment.
Frequently Asked Questions (FAQs)
Sharvaya Metals is an integrated manufacturer of aluminum products, including alloyed ingots, billets, sheets, and EV battery housings, serving various industries domestically and internationally.
A retail investor needs to invest a minimum of ₹1,17,600, which is for one lot of 600 shares at the upper price band.
The shares are tentatively scheduled to be listed on the BSE SME exchange on September 12, 2025.
You can check the allotment status on the registrar's website, Bigshare Services Pvt. Ltd., after the basis of allotment is finalized on September 10, 2025.
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