Shayona Engineering IPO
GMP, Subscription, Price, Dates & Financial Details
Incorporated in 2017, Shayona Engineering Limited is a diversified engineering company specializing in precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey machinery solutions. The company is known for…
Open Date
Thu, 22 Jan 2026
Close Date
Tue, 27 Jan 2026
Price Band
₹ 140 – 144
Lot Size
1000
Issue Size
₹ 15.00 Cr
Minimum Investment
₹ 288,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shayona Engineering IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹15.00 Crore.
The Shayona Engineering IPO remained open for subscription from January 22, 2026, to January 27, 2026. The basis of allotment was finalized on January 28, 2026, and the company's shares were listed on BSE SME Platform on January 30, 2026.
The company had fixed the price band at ₹140 to ₹144 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹288,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Horizon Management Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Shayona Engineering Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Shayona Engineering IPO Timeline (Tentative)
- IPO Open Date
- Thu, 22 Jan 26
- IPO Close Date
- Tue, 27 Jan 26
- Basis of Allotment
- Wed, 28 Jan 26
- Initiation of Refunds
- Thu, 29 Jan 26
- Credit of Shares to Demat
- Thu, 29 Jan 26
- Listing Date
- Fri, 30 Jan 26 — NSE & BSE
Open Date
22 January 2026
Close Date
27 January 2026
Basis Of Allotment
28 January 2026
Listing Date
30 January 2026
IPO Subscription
Check Live Subscription →The Shayona Engineering IPO has received bids for 53,77,000 shares against 9,80,000 shares offered, resulting in an overall subscription of 5.49x. the NII category is subscribed 9.48x, Retail Investors 3.73x, and QIBs 3.33x.
QIB
3.33x
NII
9.48x
RII
3.73x
Total
5.49x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 6,68,000 shares, representing 68.16% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,000 shares (1.22%), while Non-Institutional Investors (NIIs) receive 3,00,000 shares (30.61%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 12,000 | 1.22% |
| Non-Institutional | 300,000 | 30.61% |
| BNII | 180,000 | 18.37% |
| SNII | 120,000 | 12.24% |
| Retail Investors | 668,000 | 68.16% |
| Total | 980,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 41.12 | 29.6 | 12.58 | 7.27 |
| Revenue | 19.15 | 23.18 | 15.28 | 12.63 |
| Profit After Tax | 2.45 | 2.42 | 1.71 | 0.61 |
| Net Worth | 12.36 | 9.91 | 3.99 | 2.01 |
| Reserve & Surplus | 9.5 | 7.05 | 1.72 | 1.01 |
| Total Borrowings | 22.61 | 13.92 | 5.42 | 3.45 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shayona Engineering Limited KPI Information
| Particular | Nov 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROCE % | 13.08 | 29.03 | 37.92 | 27.12 |
| Debt / Equity | 1.83 | 0 | 0 | 0 |
| RoNW % | 22.01 | 34.81 | 56.93 | 41.71 |
| Pat Margin % | 12.8 | 10.44 | 11.18 | 4.81 |
Peers Comparison
No Peer Comparision Available
About Shayona Engineering Limited
Incorporated in 2017, Shayona Engineering Limited is a diversified engineering company specializing in precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey machinery solutions. The company is known for delivering high-quality, customized engineering solutions tailored to specific customer requirements across various industries.
Shayona Engineering Limited offers precision castings in special alloy grades, with component weights ranging from a few grams up to 3 metric tons in a single piece, supported by advanced manufacturing capabilities and strict quality control processes.
The company operates from three strategically located manufacturing facilities in Vadodara, Gujarat. These facilities are equipped with state-of-the-art, technology-driven machinery that enables accurate production, high efficiency, and consistent quality. Shayona Engineering Limited also emphasizes responsive after-sales support, providing end-to-end engineering solutions under one roof.
Product Portfolio
- Tubular conveying systems
- Die head trolleys and mixing machines
- CNC and VMC machined components
- Heavy metal fabrication solutions
- Process automation equipment
Shayona Engineering IPO Promoters
- Vipul Bhikhabhai Solanki
- Kinnariben Vipulbhai Solanki
- Gaurav Ratukumar Parekh
Promoters Holding
Holding Pre Issue
87.29%
Holding Post Issue
0.00%
Shayona Engineering IPO Objective
The Company Shayona Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Purchase of Plant and Machinery for the existing line of our business
- Repayment of secured loan availed by our Company from Financial Institution
- Funding of working capital requirements of our Company
- General corporate purposes
Shayona Engineering Limited Address / Contact Details
Shayona Engineering Ltd.
Shed No. 113/1,
GIDC, Makarpura,
M.I. Estate,
Vadodara, Gujarat, 390010
Phone: +91 9310806080
Email: compliance@shayonaengg.com
Website: http://www.shayonaengg.com/
IPO Snapshot
Shayona Engineering IPO Lot Size
The Shayona Engineering IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,88,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,88,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 288,000.00 |
| Retail (Max) | 2 | 2,000 | 288,000.00 |
| S-HNI (Min) | 3 | 3,000 | 432,000.00 |
| S-HNI (Max) | 6 | 6,000 | 864,000.00 |
| B-HNI (Min) | 7 | 7,000 | 1,008,000.00 |
Issue Reservation
- QIB — 1.22%
- NII — 30.61%
- RII — 68.16%
Book Running Lead Managers
- Horizon Management Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shayona Engineering IPO?
Shayona Engineering IPO is a Book-building IPO with a total issue size of ₹15 crore. The Shayona Engineering IPO price band is ₹140 to 144 per share. The Shayona Engineering IPO subscription opens on Thu, Jan 22, 2026, and closes on Tue, Jan 27, 2026. The Shayona Engineering IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the Shayona Engineering IPO.
When will the Shayona Engineering IPO open for subscription?
The Shayona Engineering IPO opens on Thu, Jan 22, 2026 and closes on Tue, Jan 27, 2026
What is Shayona Engineering IPO Price Band?
Shayona Engineering IPO Price Band is ₹140 to 144 per share.
What is Shayona Engineering IPO Lot Size?
Shayona Engineering IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
What is the minimum investment for Shayona Engineering IPO?
The minimum investment for Shayona Engineering IPO is ₹288000, based on one lot of 1000 shares at the upper price band of ₹144 per share.
How to apply for Shayona Engineering IPO?
Investors can apply for the Shayona Engineering IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jan 27, 2026. The application amount remains blocked until the Shayona Engineering IPO allotment is finalized.
What is Shayona Engineering IPO Issue Size?
Shayona Engineering IPO issue size is ₹15 crores.
What is the Shayona Engineering IPO Allotment Date?
Shayona Engineering IPO allotment date is Wed, Jan 28, 2026.
Who is the Shayona Engineering IPO Registrar?
The registrar for Shayona Engineering IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Shayona Engineering IPO allotment status, refund processing, and other IPO-related information.
Who is the Shayona Engineering IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shayona Engineering IPO are Horizon Management Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shayona Engineering IPO Red Herring Prospectus (RHP).