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News Details

( As on 28/08/2025 19:30)

Sharvaya Metals announces launch of initial public offering

Sharvaya Metals Ltd. has announced public offering of 3000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 186.00 per share. The gross proceeds of the issue are expected to be Rs 5,880.00 lakhs.

The company's initial public offer (IPO) will open on 04 September 2025 and is expected to close on 09 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 192.00-196.00 per share.

The IPO includes a fresh Issue of 3000000 Equity Shares of the Company at an price of Rs 196.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Sharvaya Metals Ltd. anticipates using the proceeds of the issue for .

Expert Global Consultants Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.