
Metals & Mining · BSE
Sharvaya Metals Limited, established in 2014, is engaged in manufacturing, supplying, and exporting a wide range of aluminum products such as alloyed ingots, billets, slabs, sheets, circles, and electric vehicle battery enclosures. The company caters to both domestic and international markets, serving industries like automotive, engineering, consumer appliances, defense, and electric vehicles, including OEMs, tier-one vendors, and LED light manufacturers. Equipped with a PLC-controlled 10-ton aluminum melting furnace and advanced machinery for heating, rolling, cutting, and punching, the company ensures high-quality production standards. Its product portfolio includes aluminum sheets and circles for construction, cookware, lighting, and electrical appliances; aluminum billets for the extrusion industry, enhancing strength and extrusion efficiency; alloyed ingots used in automotive, electronics, machinery, and construction; and aluminum extrusion dies made from H13 die steel for precise and efficient profile production. As of October 1, 2024, Sharvaya Metals employed 30 people.
Price Band
₹192 – ₹196
Issue Size
₹58.80 Cr
Lot Size
600 shares
GMP
+10.2%
Est. Listing
₹216
at current GMP
Subscribed
4.83x
overall
Open
4 Sep 2025
Close
9 Sep 2025
Allotment
10 Sep 2025
Refund
11 Sep 2025
Demat Credit
12 Sep 2025
Listing
12 Sep 2025
Overall Subscription
4.83x
Total Demand
QIB Multiplier
1.28x
Institutions & Funds
NII / HNI
6.09x
High Net-Worth
Retail (RII)
6.31x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 570,000 | 730,200 | 1.28x |
| NIB | 428,400 | 2,608,200 | 6.09x |
| HNIs(10L +) | 285,600 | 1,992,600 | 6.98x |
| HNIs (2-10L) | 142,800 | 615,600 | 4.31x |
| RETAIL | 998,400 | 6,302,400 | 6.31x |
| Total | 2,425,200 | 12,249,000 | 4.83x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 9 | 0.00x |
| NIB | — | 579 | 0.00x |
| RETAIL | 832 | 5,252 | 6.31x |
| HNIs(10L +) | 159 | 261 | 1.64x |
| HNIs (2-10L) | 79 | 318 | 4.03x |
| Total Applications | 1,070 | 6,419 | 6.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Sharvaya Metals Limited is bringing an initial public offering (IPO) in the Metals & Mining sector with an aggregate issue size of ₹58.8 Crores. The shares are offered at a price band of ₹192 to ₹196 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-09, the basis of allotment is scheduled to be finalized on 2025-09-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Sharvaya Metals Limited IPO is ₹20 per equity share. Based on the upper price band of ₹192 to ₹196 per equity share, the estimated listing price is ₹216 (+10.2% expected listing gain).
With a lot size of 600 shares and current GMP of ₹20, the expected profit per application lot is approx ₹12,000 (+10.2% gain). Minimum application cost is approx ₹1,17,600.
The Sharvaya Metals Limited IPO aggregate issue size is ₹58.8 Crores with an equity price band set at ₹192 to ₹196 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,17,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.83x (Retail: 6.31x, QIB: 1.28x, NII: 6.09x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-09-10. Investors can verify status using PAN card or application number.
Sharvaya Metals Limited shares are scheduled to list on BSE on 2025-09-12.