Sharvaya Metals IPO Sees Moderate Demand, Subscribed 4.83x by Day 4

Sharvaya Metals Limited's initial public offering (IPO) has demonstrated moderate investor interest through its fourth day of subscription, with Sharvaya Metals' stock price set at ₹192-196 per share reflecting steady market reception. The ₹58.80 crore IPO reached 4.83 times by 5:04:36 PM on day four, indicating moderate investor interest in this aluminum products manufacturing company incorporated in 2014.

Sharvaya Metals IPO individual investors segment leads with strong 6.31 times subscription, whilst non-institutional investors demonstrate strong participation at 6.09 times and qualified institutional buyers (ex-anchor) show modest interest at 1.28 times, whilst anchor investors show complete participation at 1.00 times, reflecting measured investor confidence in this company.

Sharvaya Metals IPO subscription reached moderate 4.83 times on day four, led by Individual Investors (6.31x), Non-Institutional Investors (6.09x), and Qualified Institutional Buyers Ex-Anchor (1.28x). Total applications reached 5,876.
 

Subscription Status of Sharvaya Metals IPO:

Here are the subscription details for Sharvaya Metals IPO as of Day 4 (September 9, 2025, 5:04:36 PM):

Sharvaya Metals IPO Reservation

Sharvaya Metals IPO - Key Highlights - Day 4:

• Overall subscription reached moderate 4.83 times, showing substantial improvement from day three's 2.98 times
• Individual investors showing strong confidence at 6.31 times, building substantially from day three's 4.35 times
• Non-institutional investors category displaying strong interest at 6.09 times, building substantially from day three's 2.58 times
• Qualified institutional buyers (ex-anchor) displaying modest growth at 1.28 times, building from day three's 0.90 times
• Total applications reached 5,876, indicating reasonable investor participation for this SME IPO
• Cumulative bid amount reached ₹188.94 crores, significantly exceeding the issue size of ₹58.80 crores
• Sharvaya Metals IPO - Day 3 Subscription at 2.98 Times

Sharvaya Metals IPO - Key Highlights - Day 3:

• Overall subscription reaching moderate 2.98 times, showing improvement from day two's 1.67 times
• Individual investors displaying moderate confidence at 4.35 times, building substantially from day two's 2.37 times
• Non-institutional investors showing moderate performance at 2.58 times, building substantially from day two's 1.06 times
• Qualified institutional buyers (ex-anchor) showing stable performance at 0.90 times, unchanged from day two's 0.90 times
• Sharvaya Metals IPO - Day 2 Subscription at 1.67 Times

Sharvaya Metals IPO - Key Highlights - Day 2:

• Overall subscription reaching modest 1.67 times, showing modest improvement from day one's 1.50 times
• Individual investors displaying moderate confidence at 2.37 times, building from day one's 1.95 times
• Non-institutional investors showing modest performance at 1.06 times, showing decline from day one's 1.25 times
• Qualified institutional buyers (ex-anchor) showing stable performance at 0.90 times, unchanged from day one's 0.90 times
• Sharvaya Metals IPO - Day 1 Subscription at 1.50 Times

Sharvaya Metals IPO - Key Highlights - Day 1:

• Overall subscription reached modest 1.50 times, showing cautious initial investor interest
• Individual investors displaying modest confidence at 1.95 times, showing reasonable retail sentiment
• Non-institutional investors showing modest performance at 1.25 times, indicating measured HNI appetite
• Qualified institutional buyers showing limited performance at 0.90 times, indicating cautious institutional appetite

About Sharvaya Metals Limited

Incorporated in 2014, Sharvaya Metals Limited is an Indian aluminum products manufacturing company specializing in manufacturing, supplying and exporting aluminum products including alloyed ingots, billets, slabs, sheets and electric vehicle battery enclosures, serving automotive, engineering and electric vehicle sectors with advanced PLC-controlled furnace and machinery at their integrated manufacturing facility.