Sharvaya Metals Ltd IPO Opens for Subscription on September 4; ₹58.80 Crore Issue

Sharvaya Metals Ltd IPO Opens for Subscription on September 4; ₹58.80 Crore Issue

#SharvayaMetalsIPO #SMEIPO #StockMarketIndia #CapitalMarkets #IPONews #IPO2025 #MetalsIndustry #InvestorUpdates

Mumbai: Sharvaya Metals Ltd has launched its Initial Public Offering (IPO) on September 4, 2025, marking one of the bigger SME issues of the year. The public issue, valued at ₹58.80 crore, is being conducted via the book-building process and will remain open for subscription until September 9, 2025. The shares are slated to list on the BSE SME platform on September 12, 2025.

The IPO consists entirely of a fresh issue of 30 lakh equity shares with a face value of ₹10 each. By tapping the capital markets, Sharvaya Metals Ltd aims to bolster its growth trajectory, meet working capital needs, and strengthen its balance sheet to support business expansion.

IPO Price Band, Lot Size and Minimum Investment

The company has fixed a price band of ₹192–₹196 per share. Investors can bid for a minimum of one lot comprising 600 shares, which translates to a minimum investment of ₹1,17,600 at the lower end of the price band.

Retail investors can apply for up to 1,200 shares (₹2,35,200), while HNI and institutional categories have greater headroom to bid for higher allocations.

Issue Size and Structure

  • Total Issue Size: 30,00,000 shares

  • Issue Value: ₹58.80 crore

  • Fresh Issue: 30 lakh shares

  • Offer for Sale (OFS): Nil

  • Face Value: ₹10 per share

  • Price Band: ₹192–₹196

  • Lot Size: 600 shares

  • Retail Quota: 50% of net offer (as per SME IPO regulations)

  • Listing Exchange: BSE SME

Out of the total 30 lakh shares, 9,98,400 shares are offered to the public, with the balance allocated to qualified institutional buyers (QIBs) and non-institutional investors (NIIs).

About Sharvaya Metals Ltd

Sharvaya Metals Ltd operates in the metal manufacturing and processing sector, catering to a wide range of industries including infrastructure, construction, automotive, engineering, and heavy machinery. With an established product line and strong client base, the company plays a significant role in meeting the growing demand for quality metal products in India’s industrial economy.

The proceeds from the IPO will primarily be utilized for working capital requirements, funding business expansion plans, repaying or prepaying certain borrowings, and meeting general corporate needs.

Subscription Timeline

The IPO subscription window will be open from September 4 to September 9, 2025. The basis of allotment is expected to be finalized by September 10–11, 2025, with shares credited to demat accounts ahead of the listing date of September 12, 2025.

Investors can apply through ASBA-supported bank accounts or registered brokerage platforms. Allotments will be processed electronically via the BSE mechanism.

Sectoral Context

The metal and alloys sector has been on a steady growth path, driven by India’s massive infrastructure spending, urbanization, and manufacturing push under government initiatives such as Make in India and Atmanirbhar Bharat. Demand for specialized steel, alloys, and processed metal products has also been bolstered by the rapid expansion in automotive, engineering, and real estate sectors.

Sharvaya Metals Ltd, through its IPO, is aiming to capitalize on this growth momentum by expanding operations and scaling production to meet rising domestic and export demand.

Analyst Views

Market observers note that the Sharvaya Metals IPO, with its ₹58.80 crore issue size, is among the larger SME IPOs this year, indicating the company’s scale and ambitions. The price band of ₹192–₹196 positions it as a mid-to-premium offering compared to several recent SME IPOs, which were launched at relatively lower ticket sizes.

Analysts believe that investors with a medium-to-long term horizon may find the issue attractive due to the company’s exposure to a sector with strong structural demand. However, they also caution that SME IPOs carry liquidity risks post-listing, with price swings often sharper than mainboard issues.

The relatively high minimum investment of ₹1.17 lakh per lot may also limit participation to more serious retail investors and HNIs, reducing speculative retail inflows.

Key IPO Details at a Glance

Particulars Details
IPO Type SME (Book Building)
Issue Size ₹58.80 crore
Fresh Issue 30 lakh shares
Offer for Sale Nil
Price Band ₹192 – ₹196
Lot Size 600 shares
Minimum Investment ₹1,17,600
Retail Max Investment ₹2,35,200
Open Date September 4, 2025
Close Date September 9, 2025
Listing Date September 12, 2025
Exchange BSE SME

Outlook

Sharvaya Metals Ltd IPO presents an opportunity for investors to gain exposure to India’s growing metals sector, backed by rising infrastructure and manufacturing demand. While the premium price band and higher entry ticket size may limit broad-based retail participation, the IPO is expected to attract interest from serious investors looking for sectoral growth opportunities.

The long-term performance of the stock will depend on how efficiently the company scales its operations, manages raw material costs, and sustains profitability amid cyclical trends in the metals industry.


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By MFNews