Sharvaya Metals, an aluminium product manufacturer, will list its shares on the Bombay Stock Exchange SME platform on Friday. The initial public offering of Rupees 58.8 crore was subscribed 4.8 times. The company plans to use the funds for working capital and expansion. Retail investors showed strong interest in the IPO. The company manufactures aluminium products for various industries.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets