Sharvaya Metals to raise INR 11.67 Cr via warrants, INR 30.24 Cr via share swap
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 14 Oct 2026, 02:58 PM IST · BSE ID: 5d1c60b1-9859-4ec9-97e1-bc40cab2de46
View Original BSE Filing (PDF)
💡
In Simple Terms
The company plans to sell new ownership pieces to raise money and buy another business.
🤖 AI Summary
- Sharvaya Metals to raise INR 11.67 Crore via 8,11,000 fully convertible warrants.
- Company to acquire 100% of Success Electronics for INR 30.24 Crore via share swap.
- Warrants offer right to subscribe to equity shares at INR 144 within 18 months.
- Preferential issue of equity shares for acquisition is at INR 144 per share.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Proposed Warrant Issue Value
INR 11,67,84,000
Warrant Issue Price Per Warrant
INR 144
Number of Warrants
8,11,000
Acquisition Consideration (Success Electronics)
INR 30,24,00,000
Equity Shares for Acquisition (Preferential Issue)
21,00,000
Preferential Issue Price Per Share
INR 144
Face Value of Equity Share
INR 10
🏢 How This Affects the Company
The acquisition of Success Electronics, representing 100% share capital, will expand Sharvaya Metals' business scope through a share swap.
The company will raise INR 11,67,84,000 via warrants and acquire Success Electronics for INR 30,24,00,000, impacting its capital structure and asset base.
The fundraise and acquisition are subject to shareholder and regulatory approvals, introducing execution risk.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will need to vote on the proposed increase in authorised share capital and the preferential issue.
👤
Who Is Affected
All shareholders will be affected by the potential dilution from the new equity shares and warrants issued.
🔍
Management Signal
Management is pursuing growth and expansion through capital raising and strategic acquisition.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder EGM for approval of capital increase and preferential issue.
Regulatory approvals for the preferential issue and acquisition.
Details of the proposed allottees for the warrants and preferential issue.
MEDIUM RISK
Fundraise and acquisition subject to shareholder and regulatory approvals.
💡 Investor Takeaway
Sharvaya Metals seeks to raise INR 11.67 Crore via warrants and acquire Success Electronics for INR 30.24 Crore through share swap, pending approvals.
⚖️ Strengths & Concerns
✅ Positives
- Company plans significant fundraise via warrants: INR 11,67,84,000.
- Acquisition of 100% of Success Electronics for INR 30,24,00,000 via share swap.
❓ Frequently Asked Questions
How much is Sharvaya Metals raising through fully convertible warrants?
Sharvaya Metals is raising up to INR 11,67,84,000 by issuing up to 8,11,000 fully convertible warrants.
What is the issue price of the warrants?
The warrants are priced at INR 144 per warrant.
What is Sharvaya Metals acquiring through preferential issue?
Sharvaya Metals will acquire 100% of Success Electronics Private Limited for INR 30,24,00,000 via a preferential issue of equity shares.
At what price will new equity shares be issued for the acquisition?
The equity shares for the acquisition will be issued at INR 144 per share.
What is the total value of the proposed share swap for the acquisition?
The total consideration for the acquisition of Success Electronics is INR 30,24,00,000.
When is the board meeting held for these approvals?
The Board of Directors met on Wednesday, October 14, 2026, to approve these proposals.
Questions based on this BSE filing only. For information purposes.