Sharvaya Metals IPO is a BSE SME issue open from 4–9 September. The company is raising 8200 at a price band of 192-196 per share. One lot is 600 shares.
Sharvaya Metals IPO Review & Analysis
Our reading of the numbers below — growth rates, margins, pricing and demand are calculated from the company's own filed figures, not copied from anywhere.
Minimum retail investment
₹1,17,600
600 shares at the upper band of ₹196
Retail limit
1 lot
the most that fits under the ₹2 lakh retail cap
Funds blocked after close
~3 days
from the closing date to listing
Total subscription
4.9x
across all categories
GMP-implied listing gain
+10.2%
₹20 premium on a ₹196 issue price
Sharvaya Metals is an SME issue raising 8200, offered in a band of ₹192–₹196 per share. At the upper end that is 19.6 times the ₹10 face value, so ₹186 of every share subscribed is share premium rather than capital. SME issues list on the BSE SME or NSE Emerge platform rather than the main board. They trade in fixed lots after listing, carry no retail-versus-HNI cut-off bidding, and are usually far less liquid, so exiting a position can take longer than on the main board.
A retail application for Sharvaya Metals needs one lot of 600 shares, which works out to ₹1,17,600 at the upper band of ₹196. SME lots are deliberately sized above ₹1,00,000, so this is a far larger single commitment than a mainboard application and rules out most small investors. Retail applications are capped at ₹2,00,000, which here is 1 lot; bidding above that moves the application into the non-institutional category, and the large-HNI bucket begins at ₹10,00,000, or about 9 lots.
For Sharvaya Metals, bidding runs 4-9 Sept, allotment is finalised on 10 sep 2025, the shares list on 12 sep 2025. Applications that do not receive an allotment have their UPI mandate released around 1 day after the issue closes. Counting from the close of bidding, money stays blocked for roughly 3 days before listing decides what the holding is worth.
The issue is reserved 50% to qualified institutional buyers, 15% to non-institutional investors, 35% to retail. A 35% retail share is the wider end of the range, which improves the odds for small applications when the book is only modestly oversubscribed. An oversubscribed retail portion is not allotted in proportion to the amount applied for: applications are reduced to single lots and drawn by lot, so several small applications from different PANs are more effective than one large one.
The book is 4.9x subscribed across all categories. That headline covers institutional, non-institutional and retail bids together, and allotment odds are decided within each category separately — an issue can be heavily subscribed overall while the retail portion is comfortable, or the other way round. An oversubscribed retail book is settled by a draw on single-lot applications, so more distinct PANs help where a bigger single bid does not.
A grey market premium of ₹20 on the upper band of ₹196 implies a listing gain of roughly 10.2%. The grey market is unofficial and unregulated, the premium can change daily, and it has no bearing on allotment — treat it as a sentiment reading, not a forecast.
The figures above are worked out from the issue's own filed numbers and are for information only. They are not investment advice — read the RHP before you apply.
What is Sharvaya Metals IPO?
Sharvaya Metals IPO is a BSE SME issue open from 4–9 September. The company is raising 8200 at a price band of 192-196 per share. One lot is 600 shares.
When does Sharvaya Metals IPO open and close?
The issue is open 4–9 September. Bids must be placed, and any UPI mandate approved, before the cut-off on the closing day.
What is the Sharvaya Metals IPO price band?
The price band is 192-196 per equity share, against a face value of 10. Retail investors may bid at cut-off, meaning they accept the final discovered price within this band.
What is the Sharvaya Metals IPO lot size?
The minimum application is 600 shares, and bids must be in multiples of that lot.
What is the Sharvaya Metals IPO issue size?
The total issue size is 8200.
How is Sharvaya Metals IPO reserved between investor categories?
The issue is reserved as retail 35, QIB 50, HNI 15. If the retail portion is oversubscribed, allotment there is decided by a lottery on lot-sized applications rather than in proportion to the amount applied for.
When is the Sharvaya Metals IPO allotment date?
Basis of allotment is expected to be finalised on 10 sep 2025. You can check your status on the registrar's website using your PAN.
When does Sharvaya Metals IPO list?
Listing is expected on 12 sep 2025, following the T+3 timeline that applies to Indian IPOs.
