IPO Schedule
1
Open
4 Sept
2
Close
9 Sept
3
Allotment
10 Sept
4
Listing
12 Sept
Sharvaya Metals Ltd IPO
Issue:₹196
List:₹219
CMP:₹143
NSELot: 600Non Ferrous Metals
LISTEDSME
Issue Price₹196
Listing₹219
Current₹143
Content
About Sharvaya Metals Ltd
Sharvaya Metals Ltd is engaged in the business of trading and processing of various metals and alloys. They cater to diverse industries requiring specific metal solutions.
Subscription Status
QIB
0.90x
NII
1.25x
Retail
1.95x
| Category | Day 4 | Day 3 | Day 2 | Day 1 |
|---|---|---|---|---|
| QIB | 1.28x | 0.90x | 0.90x | 0.90x |
| NII | 6.09x | 2.58x | 1.06x | 1.25x |
| Retail | 6.31x | 4.35x | 2.37x | 1.95x |
| Total | 4.83x | 2.98x | 1.67x | 1.50x |
Risk Factors
•Volatility in metal prices can significantly impact profitability and inventory valuation.
•The SME segment carries inherent risks related to scalability, access to capital, and regulatory compliance.
•Dependence on specific industries or customers could expose the company to concentration risk.
Promoters & Management
Shreyans Katariya is the Chairman and Managing Director of the company. Nishi Dilip Porwal is the Company Secretary and Compliance Officer. Sandip Ramkisan Kondke is the Chief Financial Officer. Satish Haribhau Darekar is the Administration head. Naresh Ramesh Somvanshi is the Vice President- Production. Surbhi Jain and Lakhan Gandhi are Independent Directors. Pankaj Mahajan is a Non-Executive Director. The Board of Directors is responsible for the overall management of the company. The Key Managerial Personnel are responsible for the day-to-day operations and strategic decision-making. The company has established various committees, including an Audit Committee and a Stakeholders Relationship Committee, to ensure good corporate governance.