Sharvaya Metals

Symbol: SHAMET (Expected)

Sharvaya Metals Ltd., a manufacturer of aluminum alloy products, is launching its Initial Public Offering (IPO) on the BSE SME platform . The company produces items such as ingots, billets, sheets, and EV battery housings at its facility in Ahmednagar, Maharashtra, catering to industries like cookware, automotive, defense, and construction.
IPO Details
The IPO is a book-building issue with a total size of Rs 58.80 crore . This comprises a fresh issue of Rs 49 crore and an offer for sale of Rs 9.8 crore.