IPO

Shayona Engineering Limited IPO

BSE SME

Listed On: Jan 30, 2026 at ₹ 144.0

₹ 288000 /2000 Shares
*Min Investment

Check Allotment

22 Jan, 2026

Open Date

27 Jan, 2026

Close Date

28 Jan, 2026

Allotment Date

30 Jan, 2026

Listing Date
Shayona Engineering IPO Live Subscription Details
View Subscription Details
QIB 3.33x
Individual 3.73x
NIIs 9.48x
BHNI 12.46x
SHNI 5.01x
Individual 3.73x
Total 5.49x
Last updated: 27 Jan 2026, 05:57 PM
Shayona Engineering IPO Issue Details
  • Issue Price ₹140-144 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 10,32,000 shares(aggregating up to ₹14.86 crore)
  • Fresh Share 10,32,000 shares(aggregating up to ₹14.86 crore)
  • Listing at BSE SME
  • List Price 144.0
  • Listing Date 2026-01-30
  • Lead Manager Horizon Management Pvt.Ltd.
  • Registrar Kfin Technologies Ltd.
Market Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2000 ₹2,88,000
Individual(max) 2 2000 ₹2,88,000
SHNI(min) 3 3000 ₹4,32,000
SHNI(max) 6 6000 ₹8,64,000
BHNI(min) 7 7000 ₹10,08,000
Shayona Engineering IPO Reservation

Shayona Engineering IPO offers total 1032000 shares. Out of which 12000 (1.16%) allocated to QIB, 300000 (29.07%) allocated to NII,668000 (64.73%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 52000 (5.04%)
QIB Shares Offered 12000 (1.16%)
NII (HNI) Shares Offered 300000 (29.07%)
bNII > ₹10L 180000 (17.44%)
sNII < ₹10L 120000 (11.63%)
Individual Shares Offered 668000 (64.73%)
Total Shares Offered 1032000 (100%)
Shayona Engineering IPO Documents
Shayona Engineering IPO Details


Shayona Engineering Limited IPO is an SME IPO, priced at ₹140-144 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 10,32,000 equity shares, aggregating up to ₹14.86 crores..

The IPO bidding window is open from Jan 22, 2026 to Jan 27, 2026. The allotment is expected to be finalized on Jan 28, 2026, and the tentative listing date is Jan 30, 2026.

The minimum lot size for Individual investors is 2000 shares, with a minimum investment of ₹2,88,000.

Horizon Management Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Ltd., and

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Shayona Engineering IPO Subscription Analysis And Details
Retail
3.73x
QIB
3.33x
NII
9.48x
bNII
12.46x
sNII
5.01x
Total
5.49x
As on QIB NII
bNII   sNII
Individual Total
Shares Offered / Reserved 12,000 3,00,000
1,80,000    1,20,000
6,68,000 9,80,000
Day 1 22-01-26 05:00 PM
3.33 x 1.43 x
2.28 x   0.15 x
0.81 x 1.03 x
Day 2 23-01-26 05:00 PM
3.33 x 1.85 x
2.88 x   0.30 x
1.18 x 1.41 x
Day 3 27-01-26 05:00 PM
3.33 x 9.48 x
12.46 x   5.01 x
3.73 x 5.49 x

Total No of Applications
1,711
Subscription on the basis of Applications
Retail:3.73x BHNI:4.42x SHNI:4.92x
Shayona Engineering Valuations
EPS Pre IPO ₹8.46/-
EPS Post IPO ₹9.44/-
P/E Pre IPO 17.03
P/E Post IPO 15.25
ROCE 29.03%
RoNW 34.81%
PAT Margin 10.44%
Price to Book Value 4.16
Market Cap. 56.05 Cr.
Shayona Engineering Company Financials
In Crs.
In Cr.
30-Nov-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 41.12 29.60 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
Reserves & Surplus 9.50 7.05 1.72 1.01
Total Borrowing 22.61 13.92 5.42 3.45
About Shayona Engineering Company

Shayona Engineering Limited is a company incorporated in 2017 and is involved in various operations such as precision casting, machining, dies and moulds, automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery.
They provide tailor-made solutions for precision castings in special grades of materials with a weight ranging from a few grams to 3 metric tons in a single piece.The firm is operating from three locations at Vadodara in Gujarat and using cutting-edge technology equipment to provide precise engineering solutions as well as timely after-sales services at one place.

Products:
Tubular conveying systems
Die head trolleys and mixing machines
CNC and VMC Machined Components
Heavy Metal Fabrication Solutions Process automation equipment

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Shayona Engineering - Promoter(s)

Vipul Bhikhabhai Solanki

Kinnariben Vipulbhai Solanki

Gaurav Ratukumar Parekh

Pre Issue Share Holding : %

Post Issue Share Holding : %

Shayona Engineering IPO - Issue Objectives
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

Contact Details

Shayona Engineering

Shed No. 113/1, GIDC, Makarpura, M.I. Estate, Vadodara, Gujarat, 390010

+91 9310806080

compliance@shayonaengg.com

http://www.shayonaengg.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

sel.ipo@kfintech.com

https://ipostatus.kfintech.com/