Shayona Engineering Limited IPO

Shayona Engineering Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹140 - ₹144

Total Issue

₹14.86 Cr

Bid Dates

22 Jan - 27 Jan

Subscription

5.21x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Shayona Engineering IPO
Category Lots Shares Amount
Individual (Min) 2 2,000 ₹2,88,000
Individual (Max) 2 2,000 ₹2,88,000
S-HNI (Min) 3 3,000 ₹4,32,000
S-HNI (Max) 6 6,000 ₹8,64,000
B-HNI (Min) 7 7,000 ₹10,08,000
Market Maker
52,000 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹14.86 Cr
Fresh Issue
₹14.86 Cr (0.10 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Purchase of Plant and Machinery for the existing line of the business
  2. Repayment of secured loan availed by the Company from Financial Institution
  3. Funding of working capital requirements of the Company
  4. General corporate purpose

Grey Market Premium

GMP ₹0
Est. Price ₹144
Est. Gain 0.00%

Shayona Engineering IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Shayona Engineering IPO
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

KPIs

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.

Shareholding

Promoter

87.29%

Public

12.71%

Vipul Solanki 69.73%
Gaurav Parekh 12.24%
Kinnariben Solanki 5.31%
Others 0.01%

Management

Vipul Solanki Chairman & MD
Geetaben Parekh CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 27 Jan 2026 | 05:00:00 PM

BSE SME Subscription Status for Shayona Engineering IPO
Category Sub (x) Offered Bids
QIB 3.33x 12,000 40,000
NII 8.08x 3,00,000 28,43,000
bHNI 12.46x 1,80,000 22,42,000
sHNI 5.01x 1,20,000 6,01,000
Retail 3.73x 6,68,000 24,94,000
Total 5.21 10,32,000 53,77,000

Frequently Asked Questions

What is Shayona Engineering IPO?
Shayona Engineering IPO is a SME IPO having an issue size of ₹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.
When will Shayona Engineering IPO open?
Shayona Engineering IPO opens on 22 Jan 26 and closes on 27 Jan 26.
What is the GMP of Shayona Engineering IPO?
The estimated Grey Market Premium of Shayona Engineering IPO is ₹0 per share (0.00%).
What is the lot size of Shayona Engineering IPO?
The minimum lot size of Shayona Engineering IPO is 1000 shares & the minimum application amount is Rs. 144000.
When is the allotment of Shayona Engineering IPO?
The allotment date of Shayona Engineering IPO is 28 Jan 26.
What is the listing date of Shayona Engineering IPO?
The listing date of Shayona Engineering IPO is 30 Jan 26.
What is the subscription of Shayona Engineering IPO?
Shayona Engineering IPO is subscribed 5.21 times.
What is the price band of Shayona Engineering IPO?
Shayona Engineering IPO is priced at ₹140 - ₹144 per share.
How to check allotment status of Shayona Engineering IPO?
Click the allotment link on Shayona Engineering IPO page of IPO360.
How to apply Shayona Engineering IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Shayona Engineering IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Shayona Engineering IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Shayona Engineering IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date