Shayona Engineering IPO Details
SME
Shayona Engineering IPO opens for subscription on 22 Jan 2026 and closes on 27 Jan 2026. The IPO will be listed on BSE with the tentative listing date set for 30 Jan 2026.
Shayona Engineering IPO price band has been fixed at ₹140 – ₹144 per share.The face value is ₹10 per share with a lot size of 1000.
Shayona Engineering IPO total issue size comprises 10,32,000 shares (aggregating up to ₹14.86 Cr). This includes a fresh issue of 10,32,000 shares (aggregating up to ₹14.86 Cr). Pre-issue shareholding stands at 28,60,268, which will increase to 38,92,268 post-issue.
Shayona Engineering IPO carries a ₹4 (2.78%) GMP, reflecting investor sentiment.
Shayona Engineering IPO Lot Size : Individual Minimum is 2 lots (2,000 shares) amounting to ₹288,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹288,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹432,000. SHNI Maximum is 6 lots (6,000 shares) amounting to ₹864,000. BHNI Minimum is 7 lots (7,000 shares) amounting to ₹1,008,000.
The Lead Managers for Shayona Engineering IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Horizon Management Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Horizon Financial Consultants Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Shayona Engineering Limited RHP.
Shayona Engineering IPO Details
Shayona Engineering IPO Subscription
Shayona Engineering IPO Application Wise Breakup
Shayona Engineering IPO Dates
- 22 Jan 2026Opening dateOpen
- 27 Jan 2026Closing dateClose
- 28 Jan 2026Allotment Date Allotment
- 29 Jan 2026Initiation of RefundsRefund
- 29 Jan 2026Credit of SharesCredit
- 30 Jan 2026Listing dateListing
Shayona Engineering IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2000 | ₹288,000 |
| Individual Maximum | 2 | 2000 | ₹288,000 |
| SHNI Minimum | 3 | 3000 | ₹432,000 |
| SHNI Maximum | 6 | 6000 | ₹864,000 |
| BHNI Minimum | 7 | 7000 | ₹1,008,000 |
Shayona Engineering IPO Reservation
Promoter Holding
Shayona Engineering IPO Valuations
Shayona Engineering Financial Information
| Period Ended | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 41.12 | 29.60 | 12.58 | 7.27 |
| Total Income | 19.15 | 23.18 | 15.28 | 12.63 |
| Profit After Tax | 2.45 | 2.42 | 1.71 | 0.61 |
| EBITDA | 4.08 | 5.00 | 3.00 | 1.15 |
| NET Worth | 12.36 | 9.91 | 3.99 | 2.01 |
| Reserves and Surplus | 9.50 | 7.05 | 1.72 | 1.01 |
| Total Borrowing | 22.61 | 13.92 | 5.42 | 3.45 |
| Amount in ₹ Crore | ||||
About Shayona Engineering IPO
Incorporated in 2017, Shayona Engineering Limited is an engineering solutions company engaged in the business of precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery.
The Company offers customised precision casting solutions in special grades, with component weights ranging from a few grams to up to 3 metric tons in a single piece, catering to diverse industrial requirements. Its integrated capabilities enable it to deliver end-to-end engineering solutions, encompassing design, manufacturing, machining, fabrication, automation, and project execution.
Shayona Engineering operates from three manufacturing locations in Vadodara, Gujarat, equipped with sophisticated and technology-driven machinery. These facilities support accurate engineering solutions along with prompt after-sales services, offering comprehensive solutions under a single integrated setup.
Products
- Tubular conveying systems
- Die head trolleys and mixing machines
- CNC and VMC machined components
- Heavy metal fabrication solutions
- Process automation equipment
Through its diversified product offerings and integrated manufacturing capabilities, Shayona Engineering Limited serves a range of industrial customers requiring precision, reliability, and customised engineering solutions.
Strength Of Shayona Engineering IPO
- Diverse Product Portfolio.
- Integrated Operations and Economies of Scale.
- Established Client Relationships.
- Commitment to Quality.
- Experienced Team.
Risk Of Shayona Engineering IPO
- Substantial portion of our revenues are dependent on few customers and the loss of, or a significant reduction in purchases by any one or more such customers could adversely affect its financial performance.
- The Company is subject to export obligations under the EPCG Scheme Non-fulfilment of such obligations may lead to financial liabilities
- The company's design and engineering team designs its products as per the specifications provided by the OEMs or Service providers. Any variation from the customer specification may lead to increase in cost or reduce margins.
- The company relys significantly on some suppliers for the supply of its raw materials. If these suppliers are unable or unwilling to supply raw materials on time or otherwise fails to meet the company's requirements, the company's business will be harmed. An inability to procure the desired quality, quantity of its raw materials and components in a timely manner and at reasonable costs, or at all, may have a material adverse effect on the company's business, results of operations and financial condition
- The company's ability to anticipate changes in consumer preference, and industry trends and to meet customers' demands is a significant factor to remain competitive, any failures to identify and understand the trends may materially adversely affect its business.
- Delay in commencement of production at its new plant may adversely impact the company's operations and financial performance.
- Non-requirement and Future Applicability of Factory License for Unit-2 (New) located at Survey No. 488, Near Uline Pack LLP & R R Plastic, Por-Kayavarohan Road, Menpura - 391220, Gujarat, India and enhancement of machine capacity in CTO/CTE in the near future.
- The Company has experienced negative cash flow in the past and may continue to do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
- The company is affected by the prices, availability, and quality of the raw materials used in the company's production.
- There have been instances of delays in payment of statutory dues, that is, GST by the Company. In case of any delay in payment of statutory dues in future by the Company, the regulatory authorities may impose monetary penalties on the company or take certain punitive actions against the Company in relation to the same which may have an adverse impact on its business, financial condition and results of operations.
Objectives Shayona Engineering IPO
1. Purchase of Plant and Machinery for the existing line of our business
2. Repayment of secured loan availed by our Company from Financial Institution
3. Funding of working capital requirements of our Company
4. General corporate purposes
Company 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/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
Shayona Engineering IPO - FAQs
The Shayona Engineering IPO is a SME public issue comprising 1032000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹14.86 Cr. The issue price has been fixed at ₹144 per equity share, and the minimum application size is 1000 shares.
The IPO opens for subscription on 22 Jan 2026, and closes on 27 Jan 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹4 (2.78%).