Here’s a full summary of the Sharvaya Metals Limited IPO, based on the latest verified sources:
Incorporation Year: 2014
Manufacturing Facility: Based in Ahmednagar, Maharashtra; operational since around 2017
Sharvaya Metals Limited IPO presents exposure to a fast-growing, niche aluminium manufacturing play with strong financials and operational capabilities. With significant 2025 growth and efficient use of capital, it appears promising for investors looking at SME listings.
IPO Dates
- Opening Date: 4 September 2025
- Closing Date: 9 September 2025
- Allotment Finalization: 10 September 2025
- Refund Initiated & Demat Credit: 11 September 2025
- Listing Date (BSE SME): 12 September 2025
IPO Details
- Face Value: ₹10 per share
- Price Band: ₹192 – ₹196 per share
- Lot Size: 600 shares
- Minimum Bid: 2 lots = 1,200 shares (~₹235,200)
- Fresh Issue: 2,500,000 shares
- Total Shares Offered: 3,000,000 shares
- Issue Type: Bookbuilding IPO
- Listing At: BSE SME
- Share Holding Pre Issue: 75,30,000 shares
- Share Holding Post Issue: 1,00,30,000 shares
GMP of Sharvaya Metals Limited IPO
Here’s the latest information on the Grey Market Premium (GMP) for the Sharvaya Metals Limited IPO:
According to IPOWatch (reported via IPOs trending list), the GMP is ₹21, which implies an expected listing price of ₹196 (issue price) + ₹21 = ₹217. In percentage terms, that’s a ~10.7% premium.
Summary Table
| Source | Reported GMP | Implied Listing Price | Notes |
|---|---|---|---|
| IPOWatch | ₹21 | ₹217 | Indicates bullish sentiment |
| SharesCart | ₹0 | ₹196 | No GMP reflected at this time |
Key Takeaway
The most current GMP appears to be ₹21, implying a potential listing gain. But given that another source shows zero GMP, it suggests either early-stage or mixed sentiment.
Promoters of Sharvaya Metals Limited
Here’s a comprehensive breakdown of the promoters and key leadership of Sharvaya Metals Limited, based on official filings and company disclosures:
1. Shreyans Katariya
- Role: Promoter, Chairman & Managing Director
- Tenure: With the company since inception; designated as MD since 12 February 2024.
- Education: B.Com from Savitribai Phule Pune University (2015); Chartered Accountant (2022).
- Industry Experience: Over 7 years in the aluminum sector with expertise in lean manufacturing, quality controls, and planning/stakeholder engagement.
- Promoter Holding: Pre-IPO promoter holding stands at ~88.29%, indicating dominant control and commitment.
2. Balasaheb Kale
- Role: Executive Director since 1 October 2020.
- Background: Holds a Higher Secondary Certificate in Commerce; brings over 10 years of expertise in accounting, finance, bookkeeping, GST compliance, and government liaison. Former proprietor of M/s. Photography & Multi Services.
3. Surbhi Jain
- Role: Non-Executive Independent Director since 22 January 2024.
- Qualifications: Chartered Accountant with B.Com and M.Com from Pt. Ravishankar Shukla University.
- Expertise: 9 years of experience in accounting, financial management, internal controls; runs M/s. Jain Surbhi & Associates specializing in tax litigation, CMA projections, and financing.
Additional Leadership (from company website)
Beyond the core promoter and directors, the broader leadership team includes:
- Lakhan Gandhi – Independent Director
- Pankaj Mahajan – Non-Executive Director
- Sandip Kondke – Chief Financial Officer (CFO)
- Nishi Porwal – Company Secretary
Summary Table
| Name | Position/Role | Key Credentials / Notes |
|---|---|---|
| Shreyans Katariya | Promoter, Chairman & MD | CA (2022), B.Com (2015); over 7 years in aluminum sector; ~88.3% holding |
| Balasaheb Kale | Executive Director | HSC in Commerce; ~10+ years in finance, GST, bookkeeping |
| Surbhi Jain | Independent Director | CA, B.Com & M.Com; ~9 years in finance, taxation, CMA |
| Lakhan Gandhi | Independent Director | Listed on company website |
| Pankaj Mahajan | Non-Executive Director | Listed on company website |
| Sandip Kondke | CFO | Listed on company website |
| Nishi Porwal | Company Secretary | Listed on company website |
Key Takeaways
- Core Promoter: Shreyans Katariya is the central figure with strong financial credentials, leadership in operations, and commanding promoter shareholding—reflecting significant control and alignment.
- Executive Support: Balasaheb Kale brings essential finance and compliance capability.
- Governance: Independent oversight is reinforced by Surbhi Jain, along with other non-executive and independent directors, ensuring regulatory balance.
- Operational Team: CFO and Company Secretary round out a robust leadership structure handling corporate functions and legal compliance.
Sharvaya Metals Limited IPO Lot Size
Here’s a clear and concise breakdown of the lot size details for the Sharvaya Metals Limited IPO, along with a helpful table for quick reference:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹2,35,200 |
| Retail (Max) | 2 | 1,200 | ₹2,35,200 |
| S-HNI (Min) | 3 | 1,800 | ₹3,52,800 |
| S-HNI (Max) | 8 | 4,800 | ₹9,40,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,58,400 |
Lot Size Details
- Shares Per Lot: 600 shares per lot for retail investors.
- Minimum Investment (Retail): ₹117,600 for 1 lot, based on the price band of ₹192–₹196.
- Maximum (Retail): Typically, retail investors can apply up to 2 lots (i.e., 1,200 shares) totaling approximately ₹235,200.
- Discrepancy: One source (Bajaj Finserv) mentions a lot size of 1,200 shares, which appears inconsistent with multiple other sources.
Sharvaya Metals Limited IPO Promoter Holding
Here’s the verified information on promoter holding for Sharvaya Metals Limited IPO:
- According to Chanakya NIPothi, the promoters of Sharvaya Metals hold 88.29% of the pre-IPO share capital.
- Additionally, data from TheCompanyCheck.com indicates that in 2023, the promoter holding was around 82.88%.
Summary Table: Promoter Holding
| Metric | Value | Notes |
|---|---|---|
| Promoter Holding (Pre-IPO) | 88.29% | As per Chanakya NIPothi |
| Promoter Holding (2023) | 82.88% | Pre-IPO snapshot from TheCompanyCheck |
These figures reflect significant promoter control both historically and leading up to the IPO. The increase from ~82.9% in 2023 to 88.29% pre-IPO suggests consolidation, possibly due to fresh equity issuance reducing public shareholding.
About Sharvaya Metals Limited
Incorporation & Facility: Founded in 2014, Sharvaya Metals Limited began manufacturing in a state-of-the-art facility in Ahmednagar, Maharashtra, which became operational around 2017.
Manufacturing Capabilities & Technologies
The facility houses a PLC-controlled 10-ton aluminium melting furnace, along with hot and cold rolling mills, slab heating units, cutting and punching machines, and annealing systems—all contributing to high precision production.
Product Portfolio
Sharvaya Metals offers an extensive range including:
- Aluminium alloyed ingots, billets, slabs, sheets, circles
- EV battery housings/enclosures
- Aluminium extrusion dies (source: InvestorZone)
These products serve diverse sectors: automotive (including EVs), cookware, consumer appliances, LED lighting, aviation, defence, construction, and more.
Clientele & Reach
The company supplies both domestic and international customers, including OEMs, Tier-1 vendors, LED manufacturers, and global extrusion firms.
Strategic Vision & Growth Plans
Forward-Looking Sectors
- The company is gradually increasing its footprint in EV battery housings and defence components—both high-potential growth areas
Industry & Strategic Focus
- With a strong emphasis on precision manufacturing, innovation, and customer-centric solutions, Sharvaya Metals is well-positioned to scale and compete across market.
Summary
Sharvaya Metals Limited is a precision-driven aluminium manufacturer with a strategic location and a diverse, high-quality product lineup tailored for both traditional and emerging industrial sectors.
The company’s financial trajectory reflects robust expansion, and its IPO aims to fuel further growth in critical manufacturing capabilities.
With quality controls, integrated operations, and targeted growth in EV and defense, Sharvaya Metals aligns strongly with future-oriented industrial demand.
Sharvaya Metals Limited Financial Information
Here’s a comprehensive and clear overview of Sharvaya Metals Limited financials, featuring key metrics across recent fiscal years and interim data:
| Period Ended | 31 Mar 2025 | Mar 31 2024 | 31 Mar 2023 |
| Assets | ₹47.32 Crore | ₹29.55 Crore | ₹29.23 Crore |
| Total Income | ₹112.76 Crore | ₹71,57,610.0 Crore | ₹70.53 Crore |
| Profit After Tax | ₹12.51 Crore | ₹1.54 Crore | ₹1.95 Crore |
| EBITDA | ₹19.30 Crore | ₹3.56 Crore | ₹3.37 Crore |
| Net Worth | ₹22.78 Crore | ₹7.63 Crore | ₹6,09,270.00 Crore |
| Reserves and Surplus | ₹15.25 Crore | ₹0.40 Crore | ₹3.09 Crore |
| Total Borrowing | ₹14.97 Crore | ₹13.47 Crore | ₹14.92 Crore |
Key Performance Indicator (KPI)
Here are the Key Performance Indicators (KPI) for Sharvaya Metals Limited IPO, based on its RHP and financial reports:
| KPI | Values |
|---|---|
| ROE | 54.92% |
| ROCE | 49.39% |
| Debt/Equity | 0.66 |
| RoNW | 54.92% |
| PAT Margin | 11.12% |
| EBITDA Margin | 17.16% |
Strengths of Sharvaya Metals Limited IPO
1) Integrated Manufacturing Facility
- End-to-end aluminium processing with melting, rolling, cutting, and finishing.
- Independence in raw material processing, utilities, and manpower reduces reliance on external vendors.
2) Diverse Product Portfolio
- Aluminium alloy ingots, billets, slabs, sheets, circles, extrusion dies, and EV battery housings.
- Serves multiple industries: automotive, EVs, consumer appliances, LED lighting, defense, aviation, and construction.
3) Strong Growth in Financial Performance
- Revenue grew from ₹40.95 Cr in 2022 to ₹112.76 Cr in 2025.
- PAT surged from ₹0.40 Cr in 2022 to ₹12.51 Cr in 2025, with margins expanding to 11%.
4) Focus on High-Growth Sectors
- Strategic push into electric vehicle (EV) battery enclosures and defense applications, both expected to grow rapidly in India and globally.
5) Experienced Promoter & Management Team
- Promoters with deep industry experience in aluminium processing, marketing, and R&D innovation.
Risks of Sharvaya Metals Limited IPO
1) Raw Material Price Volatility
- Aluminium prices are cyclical and linked to LME (London Metal Exchange).
- Fluctuations can directly impact margins.
2) High Industry Competition
- Competes with larger players like Maan Aluminium, Hindalco, Manaksia.
- SME size limits bargaining power against bigger firms.
3) High Dependency on Automotive & EV Sectors
- A slowdown in auto/EV demand could reduce sales
- Over-reliance on cyclical industries adds earnings risk.
4) ebt Levels & Leverage
- Though debt-to-equity improved to 0.66 2025), borrowings (~₹15 Cr) still exist.
5) SME IPO Risk
- Listed on BSE SME platform – lower liquidity compared to mainboard IPOs.
- Price discovery and investor participation may be limited.
Sharvaya Metals Limited Contact Details
Here are the official contact details for Sharvaya Metals Limited, including the company secretary’s information and corporate addresses:
Sharvaya Metals Limited – Contact Information
Company Secretary & Compliance Officer
- Name: Ms. Nishi Porwal
- Contact Number: +91-91754 48177
- Email: cs@sharvayametals.com
Registered Office & Manufacturing Unit
Address:
Gat No. 59, 17th Km Stone, Nagar-Kalyan Road,
Village Bhalwani, Taluka Parner,
Ahmednagar District, Maharashtra – 414103
Online & Website
- Official Website: www.sharvayametals.com
Additional Details from IPO Documents
While the information above is consistent across multiple sources, here’s a little more:
- Registrar for IPO-related communications:
- Bigshare Services Pvt. Ltd.
- Located in Mumbai
- Contact: +91-22-6263 8200
- Email: investor@bigshareonline.com (or info@bigshareonline.com)
Summary Table
| Function | Contact Information |
|---|---|
| Compliance & Grievance | Ms. Nishi Porwal (Company Secretary) Phone: +91-91754 48177 Email: cs@sharvayametals.com |
| Registered Office | Gat No. 59, 17th Km Stone, Nagar-Kalyan Road, Vill. Bhalwani, Tal-Parner, Ahmednagar, Maharashtra – 414103 |
| Website | www.sharvayametals.com |
| IPO Registrar | Bigshare Services Pvt. Ltd. Phone: +91-22-6263 8200 Email: investor@bigshareonline.com |
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