Sharvaya Metals IPO subscribed 2.98x on Day 3

Sharvaya Metals IPO subscription started on Thursday, September 4, and the IPO will close on September 9, 2025, as per the schedule. The price band is set at ₹192 to ₹196 per share with a face value of ₹10.

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Sharvaya Metals IPO Subscription Status 

Sharvaya Metals IPO subscribed over 2.98x on its last day till 5.00 PM on September 8, 2025. 

  • Sharvaya Metals IPO subscription QIB investors’ portion was 0.90 times, while NII was subscribed 2.58 times, and RII investors subscribed 4.35 times. 
  • The company has received bids for 59,56,200 shares against 19,96,800 shares on offer for the last-day subscription. 
  • Sharvaya Metals IPO subscribed over 2.98x on its day 3. 
  • Sharvaya Metals IPO subscribed over 1.67x on its day 2. 
  • Sharvaya Metals IPO subscribed over 1.50x on its day 1.  

About Sharvaya Metals Company 

As we all know, aluminium is crucial in this generation due to several key reasons. Aluminium is widely used in electrical transmission lines and exchanges heat. Here is one of the premier companies, Sharvaya Metals Limited, in terms of manufacturing, supplying, and exporting of aluminium products, including alloyed ingots, billets, slabs, sheets, and electric vehicle battery enclosures. Sharvaya Metals Limited’s aluminium has been provided for national and international customers, wherein the serving sectors include automotive engineering, electric vehicles, including OEM suppliers, tier one vendors, and LED light manufacturers. 

Additionally, aluminium sheets and Circles, Aluminium Billets, Aluminium Alloyed Ingots, and Aluminium Extrusion Dies are the company’s products. The company follows all rules related to products and provides high-quality products that meet industry standards. However, they also have adaptability; if the customers have different tests or requirements, they provide them as their last priority. Financially, the firm’s revenue and net profit have been steadily increasing, as the revenue from operations increased from ₹4,080.14 lakhs in FY 2022 to ₹7,145.35 lakhs in FY 2024. While Net profit rose from ₹39.53 lakhs to ₹180.24 lakhs. 

Sharvaya Metals Financial Report 

The company reported revenue of ₹112.76 crores in 2025 against ₹71.58 crores in 2024. The company reported a profit of ₹12.51 crores in 2025 against a profit of ₹1.80 crores in 2024. 

Sharvaya Metals IPO GMP:  

Sharvaya Metals IPO GMP was ₹23 as of Monday, September 8, 2025. That indicates the IPO is trading at ₹219 with a ₹23 premium in the grey market against the issue price of  ₹196.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.