IPO - Initial Public Offerings

 SHARVAYA

  

SHARVAYA METALS LTD. IPO

04 Sep, 10:00 AM

Issue Open

09 Sep, 05:00 PM

Issue Close

600

Lot Size

₹ 192.00 – ₹ 196.00

Price Range

IPO Issue Details

Issue size 58.80 Cr
Market Price 196.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

SHARVAYA METALS LTD. IPO
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: Aluminum 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. Aluminum 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. Aluminum 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. Aluminum 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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 1200 ₹ 2,35,200.00
Retail (Max) 2 1200 ₹ 2,35,200.00
S-HNI (Min) 3 1800 ₹ 3,52,800.00
S-HNI (Max) 8 4800 ₹ 9,40,800.00
B-HNI (Min) 9 5400 ₹ 10,58,400.00

IPO TimeLine

Open Date 04-Sep-2025
Close Date 09-Sep-2025
Basis of Allotment Date 10-Sep-2025
Initiation of Refunds 11-Sep-2025
Credit Shares to Demat A/c 11-Sep-2025
IPO Listing Date 14-Sep-2025