The Sharvaya Metals IPO minimum market lot is 1,200 shares with ₹2,35,200 application amount. The Sharvaya Metals IPO is a SME IPO, and it is to be listed on BSE.
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 first 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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Sharvaya Metals IPO Subscription Status – Day 4
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | 0.90 | 0.90 | 0.90 | 1.28 |
| NII | 1.25 | 1.06 | 2.58 | 6.09 |
| RII | 1.95 | 2.37 | 4.35 | 6.31 |
| Total | 1.50 | 1.67 | 2.98 | 4.83 |
Sharvaya Metals IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sharvaya Metals IPO Review
- May Apply for long term
Sharvaya Metals IPO Form
How to apply for the Sharvaya Metals IPO? You can apply for Sharvaya Metals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sharvaya Metals IPO in the Invest section. The other option is you can apply for Sharvaya Metals IPO via IPO forms downloaded online. Check out the Sharvaya Metals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
