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Sharvaya Metals IPO
Price Band
₹192.0–196.0
Issue Size
₹58.8 Cr
Lot Size
600 shares
Min Investment
₹235,200
2 LOTS MIN
GMP
+₹20.0 (10.2%)
Issue Price
₹196.0
Subject to Sauda
₹9100
Paid only if allotted
Sharvaya Metals IPO AI Summary
- Sharvaya Metals IPO is listed on BSE SME in the Aluminium, Copper & Zinc Products sector.
- Price band: ₹192.0–₹196.0 per share, lot size 600 shares (min. investment ₹235,200, 2 lots minimum).
- Subscription window: 04 Sep–09 Sep 2025, listing on 12 Sep 2025.
- Current GMP is +₹20.0 (10.2%), an estimated listing price of ₹216 — unofficial and can change daily.
Sharvaya Metals Limited is an SME IPO in the aluminium, copper, and zinc products sector, with a focus on manufacturing high-quality aluminum products. The company shows promising revenue and profit growth, making it an interesting option for investors considering the IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Sharvaya Metals IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 09 Sep 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Sharvaya Metals IPO Grey Market Premium (GMP) Today
GMP
+₹20.0
GMP %
+10.2%
Est. Listing
₹216.0
Updated: 25 Jul 2026 14:13
About the Company
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 Facility Multi-Product Portfolio Effective Quality Control Checks Customer Focused
Company Financials (₹ Cr)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 47.32 | 29.55 | 29.23 |
| Total Income | 112.76 | 71.58 | 70.53 |
| Profit After Tax | 12.51 | 1.54 | 1.95 |
| EBITDA | 19.30 | 3.56 | 3.37 |
| NET Worth | 22.78 | 7.63 | 6.09 |
| Reserves and Surplus | 15.25 | 0.40 | 3.09 |
| Total Borrowing | 14.97 | 13.47 | 14.92 |
Key Ratios
NAV
₹30.25
ROE
54.92%
ROCE
49.39%
RoNW
54.92%
PAT Margin
11.12%
Debt/Equity
0.66
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Baheti Recycling Industries Limited | 57.02 | 40.79% | 31.65 | 17.37 | 17.37 |
| Manaksia Aluminium Company Ltd | 20.65 | 4.47% | 33.18 | 0.92 | 0.92 |
| Maan Aluminium Ltd. | 65.99 | 4.97% | 41 | 2.87 | 2.87 |
| Sharvaya Metals Limited This IPO | 30.25 | 54.92% | — | 17.08 | 17.08 |
Promoters
Shreyans Katariya
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To meet the working capital requirements 9.00 2 To fund capital expenditure for Civil construction and electrification 5.17 3 To fund capital expenditure for purchase of Plant and Machinery 20.40 4 General Corporate Purposes 7.30 5 Issue Expenses 8.55 Total 50.42
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Revenue was ₹70.53 Cr in the year ending 31 Mar 2023, rising to ₹71.58 Cr by 31 Mar 2024, and further increasing to ₹112.76 Cr by 31 Mar 2025. This shows a significant upward trend in total income over the periods analyzed.
Profit Trend
Profit After Tax was ₹1.95 Cr in the year ending 31 Mar 2023, increasing to ₹1.54 Cr by 31 Mar 2024, and then rising sharply to ₹12.51 Cr by 31 Mar 2025. This indicates a substantial growth in profitability, particularly in the most recent period.
Valuation
Sharvaya Metals Limited has an implied P/E ratio at the issue price of 11.48, based on an EPS of ₹17.08. This is compared to peers trading at P/E ratios ranging from 31.65 to 41.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand and supply dynamics for the shares before they are officially listed on the stock exchange.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals, risk tolerance, and market conditions. It's crucial to consider the company's fundamentals and growth potential.
Who May Want to Wait
Investors with a low-risk appetite or those seeking guaranteed returns may wish to avoid IPOs, as they can be volatile and subject to market fluctuations.
IPO Timeline, Explained
The IPO opens for subscription on 4th September 2025 and closes on 9th September 2025. Allotment of shares will be done on 10th September 2025, with the listing taking place on 12th September 2025.
Listing Gains — The Risk
Listing gains can vary significantly based on market conditions and investor sentiment. While some IPOs may see a rise in share price on listing day, others may not perform as expected, leading to potential losses.
This evaluation is generated from Sharvaya Metals's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Sharvaya Metals IPO GMP today?
Sharvaya Metals IPO GMP today is +₹20.0 (10.2%), indicating an estimated listing price of ₹216. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Sharvaya Metals IPO?
The price band of Sharvaya Metals IPO is ₹192.0–₹196.0 per share.
When does Sharvaya Metals IPO open and close?
Sharvaya Metals IPO opens on 04 September 2025 and closes on 09 September 2025.
When does Sharvaya Metals IPO list on the stock exchange?
Sharvaya Metals IPO listed on 12 September 2025 at ₹216.0.
What is the lot size for Sharvaya Metals IPO?
The lot size for Sharvaya Metals IPO is 600 shares, requiring a minimum investment of ₹235,200 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹192.0 to ₹196.0.
What is the minimum investment required?
The minimum investment required is ₹235,200 for a lot size of 600 shares.
When does the IPO open and close?
The IPO opens on 4th September 2025 and closes on 9th September 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium of the IPO shares over the issue price before they are listed.
When will the shares be listed?
The shares are expected to be listed on 12th September 2025.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
04 Sep 2025
Close
09 Sep 2025
Allotment
10 Sep 2025
Listing
12 Sep 2025
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