Sharvaya Metals Ltd SME IPO opens on September 4, 2025. Learn about the price band (₹192–₹196), lot size (600 shares), issue size (~₹58.8 cr), GMP (11%), financials, timelines, and if it’s worth applying.

Introduction
Sharvaya Metals Ltd, an aluminum products manufacturer headquartered in Maharashtra, launches its IPO on the BSE SME platform beginning September 4, 2025. With a healthy ₹58.8 crore issue size and strong investor interest, the IPO showcases key figures — from price band to financial projections — that make it a compelling watch. This blog provides a comprehensive breakdown to assist both retail and institutional investors.
IPO in Snapshot
| Parameter | Details |
|---|---|
| IPO Open Date | September 4, 2025 |
| IPO Close Date | September 9, 2025 |
| Listing Date | Expected September 12, 2025 on BSE SME |
| Price Band | ₹192 – ₹196 per share |
| Lot Size | 600 shares (minimum investment ₹1,17,600) |
| Issue Size | ₹58.8 crore (₹49 cr fresh issue + ₹9.8 cr OFS) |
| Anchor Funding | ₹16.72 cr from anchor investors at upper band |
| Grey Market Premium (GMP) | ~11% indication of potential premium listing |
Company Profile & Business Outlook
Sharvaya Metals is a fully integrated manufacturer of aluminum products — ingots, billets, slabs, sheets, and EV battery housings. Their facility, located in Maharashtra, features advanced melting, casting, rolling, and machining equipment. The company supplies various industries including automotive, EV, consumer appliances, defense, and cookware — both in domestic and export markets.
IPO Objective & Fund Utilization
Proceeds from the fresh issue are slated for:
- ₹20.4 cr — plant & machinery expansion
- ₹9 cr — working capital
- ₹5.17 cr — civil construction & electrification
- Balance — general corporate purposes
Financial Performance & Investor Appeal
Revenue & Profit Trends
- FY25: Total income ~ ₹112.8 cr; Profit After Tax (PAT) ~ ₹12.51 cr
- Massive YoY growth in profitability and expanding top-line traction
Anchor Investment & GMP
- Anchor investors have infused ₹16.72 cr, signaling confidence
- GMP of ~11% indicates potential first-day listing gains
Investment Highlights
- Industrial relevance — aluminum products include EV components, a high-growth segment
- Modern manufacturing with an advanced facility ensures quality and scalability
- Strong financials with recently improved margins and profitability
- Transparent capital usage — visible growth roadmap
- SME listing advantages — retail access, potentially lower valuations, tailored for retail investors
Risks & Red Flags
- Cyclicality of the metals industry could impact stability
- Strong competition and pricing pressures in aluminum manufacturing
- Capital intensity—Expansions should translate to return; else, investor returns may be limited
Conclusion
Sharvaya Metals Ltd’s IPO presents an engaging proposition: a high-growth aluminum manufacturer, solid financials, focused capital deployment, and positive market sentiment reflected in GMP. If planned carefully, it may offer short-term listing gains as well as longer-term value.
FAQs (H2)
- When does Sharvaya Metals IPO open and close?
Opens on September 4 and closes on September 9, 2025. - What is the price band?
₹192 to ₹196 per share. - How many shares in a lot and how much investment?
Lot size: 600 shares; cost approx ₹1,17,600 at upper band. - What is the IPO size and structure?
Total ₹58.8 cr—₹49 cr fresh issue and ₹9.8 cr offer for sale (OFS). - When will Sharvaya Metals list?
Expected listing date: September 12, 2025, on BSE SME. - What’s the current grey market premium (GMP)?
GMP is around 11%, indicating expected listing uplift. - How will IPO proceeds be used?
Primarily for capacity expansion (plant/machinery), working capital, infrastructure, and general corporate purposes.
Disclaimer
This blog is for educational purposes only and not a financial recommendation. Please consult a SEBI-registered advisor before investing.
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