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About Sharvaya Metals Ltd Sharvaya Metals Limited, incorporated on March 11, 2014, began as a Private Limited Company under the name Sharvaya Metals Private Limited, becoming a Public Limited entity on February 9, 2024. The company specializes in manufacturing and supplying aluminium products to both domestic and international markets. Its diverse portfolio includes Aluminium Alloyed Ingots, Aluminium Billets, Aluminium Slabs, Aluminium Sheets, Aluminium Circles, and Battery Housings for electric vehicles. These products serve industries ranging from cookware and construction to aviation, defence, automotive, and renewable energy solutions like LED lighting.
Since launching its manufacturing operations in 2018, Sharvaya Metals has progressively expanded its reach. It began exporting aluminium materials to Middle Eastern countries and China in 2020, followed by Italy and Africa in 2021. In 2022, the company broadened its scope to import aluminium products from Europe, the USA, and the Middle East, demonstrating its focus on becoming an international player in the metals industry.
The company's expertise lies particularly in producing Aluminium Alloyed Ingots for high-pressure die casting, Billets for aluminium extrusion, and Sheets and Circles for cookware and utensil manufacturing. This understanding of niche markets, including the rapidly growing electric vehicle sector, positions Sharvaya Metals as a key supplier diversified across industries.
Sharvaya Metals is preparing for an Initial Public Offering (IPO) of up to 40,00,000 equity shares, broken into 30,00,000 shares as a fresh issue and 10,00,000 shares via Offer for Sale. The IPO is expected to provide financial growth opportunities while enabling existing shareholders partial exits. For potential traders, Sharvaya Metals offers an attractive opportunity to invest in a company with an international footprint, diversified product offerings, and a track record of operational excellence.