The bidding window for Sharvaya Metals SME IPO was open from September 4, 2025, to September 9, 2025. The basis of allotment will be finalised today, September 10, 2025. Here’s how you can check the IPO allotment status.
Sharvaya Metals IPO is a book-building issue of ₹58.80 crores, consisting of a fresh issue of ₹49 crores and an offer for sale of ₹9.80 crores. The price band is set at ₹192 to ₹196 per share. The tentative listing on BSE SME is September 12, 2025.
Expert Global Consultants Private Limited is the book-running lead manager, and Bigshare Services Pvt Ltd is the registrar for the issue.
The net proceeds from the fresh issue will be used to
(September 9, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Buyers (QIBs) |
1.28 |
Non-Institutional Investors |
4.77 |
Individual Investors (IND category bidding for 2 Lots) |
6.31 |
Total |
4.56 |
As of 10 September 2025, Sharvaya Metals IPO GMP stood at ₹2.50. The estimated listing price is ₹198.50, i.e., a 1.28% gain per share over the upper price band.
Source: InvestorGain Report dated 10 September 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Sharvaya Metals manufactures a range of aluminium products, including aluminium alloyed ingots, aluminium billets, aluminium slabs, aluminium sheets, aluminium circles and electric vehicle (EV) battery housing.
The company’s revenue from operations has increased at a CAGR of 20.54% from ₹4,080.14 lakhs in FY 2022 to ₹7,145.35 lakhs for FY 2024.
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