Sharvaya Metals IPO Subscription Status

• The Sharvaya Metals IPO was subscribed 4.83 times on the fourth day (till 5:00 PM, September 9, 2025).
• Subscription details:
  • QIB (Qualified Institutional Buyers): 1.28x
  • NII (Non-Institutional Investors): 6.09x
  • RII (Retail Individual Investors): 6.31x
• Total bids received: 96,39,600 shares against 19,96,800 shares offered.

Day-wise subscription status:

• Day 1: 1.50x
• Day 2: 1.67x
• Day 3: 2.98x
• Day 4: 4.83x

About Sharvaya Metals Limited

• Industry Role: Aluminium is an essential material in modern industries due to its lightweight, durability, and conductivity. It plays a vital role in electrical transmission, heat exchange, and automotive manufacturing.
• Company Profile:
  • Sharvaya Metals Limited is a leading manufacturer, supplier, and exporter of aluminium products.
  • The company’s product line includes:
    • Aluminium Alloyed Ingots
    • Aluminium Billets & Slabs
    • Aluminium Sheets & Circles
    • Aluminium Extrusion Dies
    • Battery enclosures for Electric Vehicles (EVs)
  • Its aluminium products cater to both domestic and international markets.
  • Major industries served: Automotive, Electric Vehicles (OEM suppliers and Tier-1 vendors), LED lighting manufacturers, and Engineering sectors.
• Quality & Customization:
  • Products adhere to strict industry and global standards.
  • The company is adaptable to customer-specific requirements, offering customized solutions and testing support.
• Workforce & Reach:
  • The company maintains a skilled workforce to ensure consistent quality.
  • Supplies to multiple countries, strengthening its global export footprint.

Financial Highlights

• Recent Growth (FY 2022–FY 2024):
  • Revenue rose from ₹4,080.14 lakhs in FY 2022 to ₹7,145.35 lakhs in FY 2024.
  • Net profit grew from ₹39.53 lakhs to ₹180.24 lakhs in the same period.
• Latest Performance (2024–2025):
  • Revenue: ₹112.76 crore in 2025 vs. ₹71.58 crore in 2024.
  • Profit: ₹12.51 crore in 2025 vs. ₹1.80 crore in 2024.
  • The company has shown consistent growth in both revenue and profitability, highlighting its strong demand pipeline.

Sharvaya Metals IPO Grey Market Premium (GMP)

• As of Tuesday, September 9, 2025, the IPO GMP stood at ₹8.
• This suggests the IPO was trading at ₹204 in the grey market, compared to its issue price of ₹196, indicating a premium listing sentiment.