Shayona Engineering Limited IPO
Shayona Engineering is a precision manufacturing and investment casting company that provides customized solutions in special-grade metals for critical industrial applications. The company manufactures precision castings ranging from a few grams to 3 metric tons in a single piece, reflecting its advanced technical capabilities. Its investment casting division specializes in steel, stainless steel, and nickel-based alloys, producing complex components with superior surface finish, dimensional accuracy, and structural strength for sectors such as pumps and valves, defence, medical, automotive, and oil and gas. In addition to castings, the company manufactures precision metal, rubber, and plastic components, assemblies, and industrial fixtures.
Price Band₹140 - ₹144 |
Dates22 Jan - 27 Jan |
GMP₹0 (0.00%) |
Subscriptions5.21 times |
Issue Size₹14.86 Crs |
Shayona Engineering IPO Key Dates
Opening Date
22 Jan 26
Closing Date
27 Jan 26
Basis Of Allotment
28 Jan 26
Initiations Of Refund
29 Jan 26
Credit Of Shares
29 Jan 26
Listing Date
30 Jan 26
Shayona Engineering IPO Objects
- Purchase of Plant and Machinery for the existing line of the business
- Repayment of secured loan availed by the Company from Financial Institution
- Funding of working capital requirements of the Company
- General corporate purpose
Shayona Engineering IPO Details
Price Band₹140 - ₹144 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹14.86 Cr (0.10 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹14.86 Cr (0.10 Cr Shares) |
Face Value₹10 per equity share |
Shayona Engineering IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,000
2,88,000
Maximum
2
2,000
2,88,000
|
|||
| Small HNI |
Minimum
3
3,000
4,32,000
Maximum
6
6,000
8,64,000
|
|||
| Big HNI |
Minimum
7
7,000
10,08,000
|
|||
Shayona Engineering IPO Subscription
Updated as on 27 Jan 2026 | 05:00:00 PM
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 3.33 | 12,000 | 40,000 |
| NII | 8.08 | 3,00,000 | 28,43,000 |
| bNII (bids above ₹10L) | 12.46 | 1,80,000 | 22,42,000 |
| sNII (bids between ₹2L to ₹10L) | 5.01 | 1,20,000 | 6,01,000 |
| Retail | 3.73 | 6,68,000 | 24,94,000 |
| Total | 5.21 | 10,32,000 | 53,77,000 |
Shayona Engineering IPO GMP
The estimated Grey Market Premium of Shayona Engineering IPO is ₹0 per share (0.00%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 1.22% of Net Offer |
| NII | Not less than 30.62% of Net Offer |
| Retail | Not less than 68.16% of Net Offer |
| Market Maker | 52,000 EQ. Shares |
Shayona Engineering IPO Financials
| Particulars | Nov-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 19.14 | 23.09 | 15.26 | 12.57 |
| PAT | 2.45 | 2.42 | 1.71 | 0.61 |
| Net Worth | 12.36 | 9.91 | 3.99 | 2.01 |
| Borrowings | 22.61 | 13.92 | 5.42 | 3.45 |
| Assets | 41.12 | 29.60 | 12.58 | 7.27 |
| NAV (₹) | 43.21 | 34.64 | 17.59 | 20.13 |
| EPS (₹) | 8.57 | 9.14 | 14.05 | 3.46 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 21.64% |
| PAT | 10.44% |
| ROE | 34.81% |
| ROCE | 29.03% |
| PE Ratio | 15.75 |
| PB Ratio | 4.16 |
| Mkt Cap (in Crs.) | 56.05 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shayona Engineering IPO Peer Comparision
There are no comparable listed peers in India as per the company
Shayona Engineering IPO Peer Comparision
There are no comparable listed peers in India as per the company
Promoter Details
| Name | Shareholding |
|---|---|
| Vipul Solanki | 69.73% |
| Gaurav Parekh | 12.24% |
| Kinnariben Solanki | 5.31% |
| Others | 0.01% |
| Total | 87.29% |
Management Details
| Name | Designation |
|---|---|
| Vipul Solanki | Chairman & MD |
| Geetaben Parekh | CFO |
Company Details
Name: Shayona Engineering Limited
Address: Shed No. 113/1, GIDC, Makarpura, M.I. Estate, Vadodara-390010, Gujarat, India.
Number: +91 9310806080
Email: compliance@shayonaengg.com
Website: www.shayonaengg.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Shayona Engineering IPO is a SME IPO having an issue size of Rs. ₹14.86 Crs. Shayona Engineering IPO is priced at ₹140 - ₹144 per share. The issue opens on 22 Jan 26 and closes on 27 Jan 26.
Shayona Engineering IPO opens on 22 Jan 26 and closes on 27 Jan 26.
The estimated Grey Market Premium of Shayona Engineering IPO is ₹0 per share (0.00%).
The minimum lot size of Shayona Engineering IPO is 1000 shares & the minimum application amount is Rs. 144000.
The allotment date of Shayona Engineering IPO is 28 Jan 26.
The listing date of Shayona Engineering IPO is 30 Jan 26.
Shayona Engineering IPO is subscribed 5.21 times.
Shayona Engineering IPO is priced at ₹140 - ₹144 per share.
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