Shayona Engineering IPO
Shayona Engineering IPO
Overview
Shayona Engineering IPO is a book build issue of 0.10 crore shares. The issue is entirely a fresh issue of shares. Shayona Engineering IPO opens for subscription on Jan 22, 2026 and closes on Jan 27, 2026. The allotment for the Shayona Engineering IPO is expected to be finalized on Jan 28, 2026. Shayona Engineering IPO will list on BSE SME with a tentative listing date fixed as Jan 30, 2026. Shayona Engineering IPO price band is set at [.] to [.] per share. Horizon Management Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Horizon Financial Consultants Pvt.Ltd..
Total Shares
10,32,000
Issue Size
₹15 Cr
Price Band
₹140 – ₹144
Lot Size
1000 shares
Min. Investment
₹2,88,000
Max. Investment
₹2,88,000
Open Date
22 Jan, 2026
Close Date
27 Jan, 2026
Allotment
28 Jan, 2026
Listing
30 Jan, 2026
Max. Investment
₹2,88,000
Announced
22 Jan, 2026
Opening Date
22 Jan, 2026
Closing Date
27 Jan, 2026
Basis of Allotment
28 Jan, 2026
Initiation of Refunds
29 Jan, 2026
Credit of Shares
29 Jan, 2026
Listing Date
30 Jan, 2026
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About Shayona Engineering IPO
Incorporated in 2017, Shayona Engineering Limited is engaged in the business of precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery.
They offer customized solutions for precision castings in special grades, with weights ranging from a few grams to 3 metric tons in a single piece.
The company operates from three locations in Vadodara, Gujarat, utilizing sophisticated, cutting-
Shayona Engineering IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.1% increase in shares
Shayona Engineering IPO Financial Health
Shayona Engineering IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | ₹2,88,000 |
| Individual investors (Retail) (Max) | 2 | 2000 | ₹2,88,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,32,000 |
| S-HNI (Max) | 6 | 6000 | ₹8,64,000 |
| B-HNI (Min) | 7 | 7000 | ₹10,08,000 |
(All values in CR)
Shayona Engineering IPO Valuations
| Metric | Value |
|---|---|
| ROCE | 29.03 |
| Debt/Equity | 1.35 |
| RoNW | 34.81 |
| PAT Margin | 10.44 |
| EBITDA Margin | 21.64 |
(All values in CR)
Shayona Engineering IPO Strength & Risk
Strengths of Shayona Engineering IPO
• Operates in precision engineering, machining, fabrication and industrial manufacturing
• Offers diversified manufacturing and customised engineering solutions
• Reported improvement in revenue and profitability in recent financials
• Healthy margins indicate better operational efficiency
• Experience with industrial clients supports repeat business potential
• SME listing provides platform for future visibility and growth
Risks of Shayona Engineering IPO
• High dependence on a limited number of customers
• Reliance on select suppliers for raw material availability
• SME IPOs generally face lower liquidity and higher price volatility
• Working capital intensive nature of business can impact cash flows
• Business performance sensitive to broader industrial demand cycles
Shayona Engineering IPO Subscriptions Status
Shayona Engineering IPO subscribed 2.41 times. The public issue subscribed 1.78 times in the individual investors category, 3.33 times in QIB (Ex Anchor), and 3.75 times in the NII category by January 27, 2026 11:14:53 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 52,000 | 52,000 | 0.749 |
| QIB (Ex Anchor) | 3.33 | 12,000 | 40,000 | 0.576 |
| NII | 3.75 | 3,00,000 | 11,26,000 | 16.214 |
| bNII (> ₹10L) | 5.17 | 1,80,000 | 9,30,000 | 13.392 |
| sNII (< ₹10L) | 1.63 | 1,20,000 | 1,96,000 | 2.822 |
| Individual Investors | 1.78 | 6,68,000 | 11,92,000 | 17.165 |
| Total | 2.41 | 9,80,000 | 23,58,000 | 33.955 |
Shayona Engineering IPO GMP
Shayona Engineering SME IPO last GMP is ₹0, last updated Jan 27th 2026 10:36 AM. With the price band of 144.00, Shayona Engineering SME IPO's estimated listing price is ₹144 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 27 Jan, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 27 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 27 Jan, 2026 |
| 26 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 26 Jan, 2026 |
| 25 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 25 Jan, 2026 |
| 24 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 24 Jan, 2026 |
| 23 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 23 Jan, 2026 |
| 22 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 22 Jan, 2026 |
| 21 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 21 Jan, 2026 |
| 20 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 20 Jan, 2026 |
| 19 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 19 Jan, 2026 |
| 18 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 18 Jan, 2026 |
| 17 Jan, 2026 | 144 | ₹0 | - | ₹144 (0.00%) | - | 17 Jan, 2026 |
| 16 Jan, 2026 | 0 | ₹0 | - | ₹ (%) | - | 16 Jan, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Shayona Engineering IPO
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Go to IPO Section
Find Shayona Engineering IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.