Sharvaya Metals SME IPO Subscription Status
Sharvaya Metals SME IPO closed on 9 September 2025 with an overall subscription of 4.83x based on shares applied. QIB demand came in at 1.28x, NII at 6.44x, and retail at 6.31x.
Allotment will be finalised on 10 September 2025. The stock is scheduled to list on NSE and BSE on 12 September 2025.
Issue Price
Rs 196.00
GMP Today
Rs 10.00 (+5.10%)
Overall Subscription
4.83x
Issue Size
₹55.86 Cr
Allotment Date
10 Sept 2025
Listing Date
12 Sept 2025
Sharvaya Metals SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 196.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 11.17 Cr | Rs 14.31 Cr | 1.28x |
| FII | - | Rs 1.76 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 12.55 Cr | - |
| NII | Rs 8.40 Cr | Rs 54.06 Cr | 6.44x |
| bNII (above Rs 10L) | Rs 5.60 Cr | Rs 41.99 Cr | 7.50x |
| Corporate | - | Rs 4.32 Cr | - |
| Individual | - | Rs 37.36 Cr | - |
| Other | - | Rs 31.75 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.80 Cr | Rs 12.07 Cr | 4.31x |
| Corporate | - | Rs 12.94 L | - |
| Individual | - | Rs 11.87 Cr | - |
| Other | - | Rs 7.06 L | - |
| IND | Rs 19.57 Cr | Rs 123.53 Cr | 6.31x |
| Fixed price | - | Rs 123.53 Cr | - |
| Total | Rs 39.14 Cr | Rs 191.90 Cr | 4.90x |
Sharvaya Metals SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 950 | 9 | 0.01x |
| FII | - | 3 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 6 | - |
| NII | 238 | 579 | 2.43x |
| bNII (above Rs 10L) | 159 | 261 | 1.64x |
| Corporate | - | 4 | - |
| Individual | - | 254 | - |
| Other | - | 3 | - |
| sNII (Rs 2L to Rs 10L) | 79 | 318 | 4.03x |
| Corporate | - | 3 | - |
| Individual | - | 313 | - |
| Other | - | 2 | - |
| IND | 832 | 5,252 | 6.31x |
| Fixed price | - | 5,252 | - |
| Total | 2,020 | 5,840 | 2.89x |
What Do These Subscription Numbers Mean?
A subscription of 4.83x by shares means the IPO received bids for 5 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.28x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.28x, it reflects serious institutional conviction.
NII at 2.43x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 1.64x and sNII at 4.03x by applications. Share subscription was 6.44x. Allotment uses application count, not share volume.
At 6.31x subscription by applications, approximately 1 in 6 retail applicants can expect an allotment (~16% per application). Retail allotment is done by lottery when oversubscribed.
Sharvaya Metals SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 6.31x.
- •Allotment odds: about 1 in 6 (~16% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 4.03x.
- •Allotment odds: about 1 in 4 for a minimum-lot application (~25% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 1.64x.
- •Allotment odds: about 1 in 2 for a minimum-lot application (~61% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 7.50x. Allotment uses application count, not share volume.
Check the Sharvaya Metals SME IPO Allotment Status page from 10 September 2025 for your allotment result.
Sharvaya Metals SME IPO GMP After Subscription
GMP for Sharvaya Metals SME stands at Rs 10.00 today, giving an estimated listing price of Rs 206.00 per share.
A subscription of 4.83x combined with a GMP of 5.10% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Sharvaya Metals SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Sharvaya Metals SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 4 Sept 2025 | 0.90x | 1.25x | 1.95x | 1.50x |
| Day 2 - 5 Sept 2025 | 0.90x | 1.06x | 2.37x | 1.67x |
| Day 3 - 8 Sept 2025 | 0.90x | 2.58x | 4.35x | 2.98x |
| Day 4 - 9 Sept 2025 | 1.28x | 6.09x | 6.31x | 4.83x |
Sharvaya Metals SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 4 September 2025 |
| IPO Close Date | 9 September 2025 |
| Allotment Date | 10 September 2025 |
| Refund Initiation | 11 September 2025 |
| Share Credit to Demat | 11 September 2025 |
| Listing Date | 12 September 2025 |
| Minimum Investment | Rs 2,35,200.00 |
| Lot Size | 600 shares |
About Sharvaya Metals SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Sharvaya Metals SME IPO Subscription FAQs
What is Sharvaya Metals SME IPO subscription status today?
Sharvaya Metals SME IPO subscription closed on 9 September 2025 with overall subscription of 4.83x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 1.28x, NII 2.43x, IND 6.31x.
What is the overall subscription of Sharvaya Metals SME IPO?
Sharvaya Metals SME IPO is subscribed 4.83x overall by shares at close on 9 September 2025. QIB 1.28x, NII 2.43x, and IND 6.31x.
What is Sharvaya Metals SME IPO QIB subscription?
Sharvaya Metals SME IPO QIB (Qualified Institutional Buyers) subscription is 1.28x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Sharvaya Metals SME IPO IND subscription?
Sharvaya Metals SME IPO IND subscription is 6.31x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Sharvaya Metals SME IPO NII subscription?
Sharvaya Metals SME IPO NII (Non-Institutional Investors) subscription is 2.43x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Sharvaya Metals SME IPO for retail?
At 6.31x subscription by applications, approximately 1 in 6 retail applicants can expect an allotment (~16% per application). Allotment is done by lottery.
When is Sharvaya Metals SME IPO allotment date?
Sharvaya Metals SME IPO allotment date is 10 September 2025. Check Sharvaya Metals SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Sharvaya Metals SME IPO subscription close?
Sharvaya Metals SME IPO subscription closed on 9 September 2025. No new applications are accepted after the close.
What is Sharvaya Metals SME IPO GMP today?
Sharvaya Metals SME IPO GMP is ₹10 today (+5.10% over issue price ₹196). See live GMP on the Sharvaya Metals SME IPO GMP Today page.
What is Sharvaya Metals SME IPO issue price and lot size?
Sharvaya Metals SME IPO issue price is ₹196 per share. Lot size is 600 shares. Minimum investment is ₹2,35,200 per lot (minimum 2 lots for SME). Issue size: ₹55.86 Cr.
When is Sharvaya Metals SME IPO listing date?
Sharvaya Metals SME IPO listing date is 12 September 2025 on NSE and BSE. Allotment is on 10 September 2025.
How does subscription affect Sharvaya Metals SME IPO allotment?
Allotment odds in Sharvaya Metals SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 2.43x by applications means roughly 1 in 2 for minimum-lot bids; bNII at 1.64x (~1 in 2). At 4.83x overall, competition is moderate.
For allotment results from 10 September 2025, visit the Sharvaya Metals SME IPO Allotment Status page. For listing day updates on 12 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.