Sharvaya Metals IPO Subscription Status

The Sharvaya Metals IPO was subscribed 1.67 times on its second day, till 5:00 PM on September 5, 2025.

• The QIB portion was subscribed 0.90 times,
• The NII portion was subscribed 1.06 times,
• The RII portion was subscribed 2.37 times.

In total, the company received bids for 33,38,400 shares against 19,96,800 shares on offer by the end of Day 2.

Subscription trend:

• Day 1: 1.50x
• Day 2: 1.67x

About Sharvaya Metals Limited

Sharvaya Metals Limited is a leading player in the manufacturing, supply, and export of aluminium products. Its product portfolio includes alloyed ingots, billets, slabs, sheets, aluminium circles, extrusion dies, and electric vehicle battery enclosures.

Aluminium, being one of the most crucial metals today, is widely used in electrical transmission lines, automotive engineering, electric vehicles (EVs), OEM suppliers, tier-one vendors, and LED lighting manufacturers. Sharvaya Metals caters to both domestic and international markets, ensuring its products meet global quality standards.

The company emphasizes innovation, adaptability, and customer satisfaction. While maintaining strict compliance with industry norms, it also accommodates specific client requirements and testing needs. With more than a decade of experience, the company has built strong relationships with national and international clients.

Financial Growth

Sharvaya Metals has demonstrated strong financial performance:

• FY 2022: Revenue of ₹4,080.14 lakhs; Net profit of ₹39.53 lakhs
• FY 2024: Revenue of ₹7,145.35 lakhs; Net profit of ₹180.24 lakhs
• FY 2025: Revenue of ₹112.76 crores; Net profit of ₹12.51 crores (up significantly from ₹71.58 crores revenue and ₹1.80 crores profit in FY 2024)

This consistent growth reflects the company’s ability to scale operations and expand into high-demand sectors such as EVs and sustainable aluminium solutions.

Sharvaya Metals IPO GMP

As of Friday, September 5, 2025, the Sharvaya Metals IPO GMP stood at ₹18, suggesting the IPO was trading at ₹214 in the grey market, a premium of ₹18 over the issue price of ₹196.

This indicates healthy investor interest and confidence in the company’s long-term growth prospects.