IPO Issue Details
Issue Price / Price Band₹196 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size30,00,000 shares (aggregating up to ₹58.80 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 04 Sep 2025
Subscription CloseTue, 09 Sep 2025
Anchor AllotmentWed, 03 Sep 2025
Basis of AllotmentWed, 10 Sep 2025
Initiation of RefundsThu, 11 Sep 2025
Credit of Shares to DematThu, 11 Sep 2025
Listing DateFri, 12 Sep 2025
UPI Mandate Deadline2025-09-09
Application & Investment Details
Retail — Min (2 Lots)₹2,35,200 — 1200 shares
Retail — Max (13 Lots)₹1,528,800 (13 Lots)
HNI — Min (3 Lots)₹3,52,800 — 1800 shares
Net Offer to Public28,50,000 shares (aggregating up to ₹55.86 Cr)
Reserved for Market Maker1,50,000 shares (aggregating up to ₹2.94 Cr)
Pre-IPO Promoter Holding75,30,000 shares
Post-IPO Promoter Holding1,00,30,000 shares
Fresh Issue Shares23,50,000 shares (aggregating up to ₹46.06 Cr)
Offer for Sale Shares5,00,000 shares of ₹10 (aggregating up to ₹9.80 Cr)
About Sharvaya Metals Ltd.
Incorporated in 2014, Sharvaya Metals Limited is specializes in manufacturing, supplying, and exporting of aluminum products, including alloyed ingots, billets, slabs, sheets, and electric vehicle battery enclosures.The company provides aluminum products for domestic and international customers, serving sectors like automotive, engineering, and electric vehicles, including OEM suppliers, tier one vendors, and LED light manufacturers.The company operates a PLC-controlled 10-ton aluminum melting furnace and advanced machinery, including slab heating, rolling, cutting, and punching equipment, to manufacture high-quality aluminum ingots, billets, sheets, and circles.Their products serve sectors such as cookware, consumer appliances, automotive, and defense.Products:Aluminium Sheets & Circles: The company manufactures aluminum sheets and circles in various sizes, thicknesses, and alloys for applications in construction, cookware, lighting, and electrical appliances, offering customized options based on customer specifications.Aluminium Billets: The company manufactures aluminum billets for the global extrusion industry, offering improved extrusion speed and strength. These billets are used to create extruded sections for various sectors worldwide, enhancing process recovery and die life.Aluminium Alloyed Ingots: The company manufactures aluminum alloy ingots from scrap or bauxite, used in automotive, electronics, machinery, and construction industries for parts, window frames, doors, and roofing, including gravity, sand, and pressure die casting alloys.Aluminium Extrusion Dies: The company uses H13 die steel to manufacture aluminum extrusion dies, which are essential for producing precise, efficient continuous profiles with consistent cross-sections, known for their excellent mechanical and thermal properties.As of March 31, 2025, the company had an employee base of 30 employees.Competitive Strengths:Fully Integrated Manufacturing FacilityMulti-Product PortfolioEffective Quality Control ChecksCustomer Focused
Objects of the Issue
Sharvaya Metals Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet the working capital requirements
9.00
2
2 To fund capital expenditure for Civil construction and electrification
5.17
3
3 To fund capital expenditure for purchase of Plant and Machinery
20.40
4
4 General corporate purposes
7.30
Shareholding & Lock-in
Pre-IPO Promoter Holding
75,30,000 shares
Post-IPO Promoter Holding
1,00,30,000 shares