Sharvaya Metals IPO

Incorporated in 2014, Sharvaya Metals Limited specializes in manufacturing, supplying, and exporting aluminum products, including alloyed ingots, billets, slabs, sheets, and electric vehicle battery enclosures. Serving domestic and international clients across automotive, engineering, and EV sectors, the company operates a PLC-controlled 10-ton furnace and advanced machinery for heating, rolling, cutting, and punching. Its products include aluminium sheets, circles, billets, alloyed ingots, and extrusion dies, catering to construction, cookware, lighting, electrical appliances, automotive, and defence sectors with customized, high-quality solutions.

Sharvaya Metals Limited IPO Overview

The Sharvaya Metals IPO is a book-built issue with a total size of ₹58.80 crore, comprising a fresh issue of 0.25 crore shares worth ₹49.00 crore and an offer for sale of 0.05 crore shares worth ₹9.80 crore. The IPO opens for subscription on 4 September 2025 and closes on 9 September 2025, with allotment expected to be finalised on 10 September 2025. The issue will list on BSE SME, tentatively on 12 September 2025.

The IPO price band is fixed between ₹192.00 and ₹196.00 per share, with a lot size of 600 shares. The minimum investment for retail investors is ₹2,35,200 (1,200 shares at the upper price), while high-net-worth individuals (HNI) must apply for a minimum of 3 lots (1,800 shares), amounting to ₹3,52,800. Expert Global Consultants Pvt. Ltd. is the book running lead manager, and Bigshare Services Pvt. Ltd. is the registrar for the issue.

Sharvaya Metals Limited IPO Details

Particulars	Details
IPO Date	4 September 2025 to 9 September 2025
Listing Date	12 September 2025
Face Value	₹10 per share
Issue Price Band	₹192 to ₹196 per share
Lot Size	600 shares
Total Issue Size	30,00,000 shares (aggregating up to ₹58.80 Cr)
Fresh Issue	25,00,000 shares (aggregating up to ₹49.00 Cr)
Offer for Sale	5,00,000 shares (aggregating up to ₹9.80 Cr)
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	75,30,000 shares
Share Holding Post Issue	1,00,30,000 shares
Market Maker Portion	1,50,000 shares

Sharvaya Metals Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Offer
Retail	Not less than 35% of the Net Offer
NII (HNI)	Not less than 15% of the Net Offer

Sharvaya Metals Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	1,200	₹2,35,200
Retail (Max)	2	1,200	₹2,35,200
S-HNI (Min)	3	1,800	₹3,52,800
S-HNI (Max)	8	4,800	₹9,40,800
B-HNI (Min)	9	5,400	₹10,58,400

Sharvaya Metals Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	88.29%
Post-Issue	[To be updated post issue]

Sharvaya Metals Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹5.68
Price/Earnings (P/E) Ratio	34.21
Return on Net Worth (RoNW)	22.83%
Net Asset Value (NAV)	₹16.6
Return on Equity	22.83%
Return on Capital Employed (ROCE)	15.52%
EBITDA Margin	[Not disclosed]
PAT Margin	2.52%
Debt to Equity Ratio	1.71

Objectives of the Proceeds

• To meet working capital requirements of the company (₹100 million).

• To fund purchase of plant and machinery for capacity expansion (₹249.71 million).

Key Financials (₹ in Crores)

Particulars	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	38.44	29.55	29.23	24.60
Revenue	41.31	71.58	70.53	40.95
Profit After Tax	4.11	1.80	1.95	0.40
Reserves and Surplus	4.77	0.67	3.09	1.14
Total Borrowings	16.54	13.47	14.92	17.87