Shayona Engineering IPO description – Established in 2010, Shayona Engineering is a prominent player in the engineering sector, specializing in machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery. The company is headquartered in Vadodara, Gujarat, and operates from four different locations within the city. Over the years, Shayona Engineering has built a reputation for delivering precise engineering solutions using advanced technology and equipment.
The company specialises in customised castings and has developed expertise across various grades. It strives to be a reliable global supplier of foundry items for automobiles, pumps, valves, mining equipment, power plants, and other engineering industries. As of 15 January 2026, the company employed a workforce of 22 personnel.
Promoters of Shayona Engineering – Vipul Bhikhabhai Solanki, Kinnariben Vipulbhai Solanki, and Gaurav Ratukumar Parekh
Table of Contents
Shayona Engineering Issue Details
| Shayona Engineering IPO Dates | 22 – 27 January 2026 |
| Shayona Engineering Issue Price | INR 140 – 144 per share |
| Fresh issue | 10,32,000 shares (INR 14.45 – 14.86 crore) |
| Offer For Sale | NIL |
| Total IPO size | 10,32,000 shares (INR 14.45 – 14.86 crore) |
| Minimum bid | 2,000 shares (INR 2,88,000) |
| Lot Size | 1,000 shares (INR 1,44,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Shayona Engineering Financial Performance
| FY 2023 | FY 2024 | FY 2025 | 8M FY 2026 | |
| Revenue | 12.57 | 15.26 | 23.09 | 19.14 |
| Expenses | 11.82 | 12.97 | 19.26 | 15.94 |
| Net income | 0.61 | 1.71 | 2.42 | 2.45 |
Shayona Engineering Offer News
- Shayona Engineering RHP
- Shayona Engineering Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Shayona Engineering Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 3.46 | 14.05 | 9.14 |
| PE ratio | – | – | 15.32 – 15.75 |
| RONW (%) | 41.71 | 56.93 | 34.81 |
| NAV | 11.45 | 32.82 | 37.45 |
| ROCE (%) | 27.12 | 37.92 | 29.03 |
| EBITDA (%) | 9.18 | 19.67 | 21.64 |
| Debt/Equity | 1.72 | 1.35 | 1.41 |
Shayona Engineering IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Shayona Engineering IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 12,000 | 3,00,000 | 6,68,000 | 9,80,000 |
| 27 Jan 2026 | 3.33 | 9.48 | 3.73 | 5.49 |
| 23 Jan 2026 | 3.33 | 1.85 | 1.18 | 1.41 |
| 22 Jan 2026 | 3.33 | 1.43 | 0.81 | 1.03 |
The market maker reservation portion of 52,000 shares is not included in the above calculations.
Shayona Engineering IPO Allotment Status
Shayona Engineering IPO allotment status is now available on the KFin Tech website. Click on this link to get the allotment status.
Shayona Engineering IPO Dates & Listing Performance
| IPO Opening Date | 22 January 2026 |
| IPO Closing Date | 27 January 2026 |
| Finalization of Basis of Allotment | 28 January 2026 |
| Initiation of refunds | 29 January 2026 |
| Transfer of shares to demat accounts | 29 January 2026 |
| IPO Listing Date | 30 January 2026 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Shayona Engineering Offer Lead Manager
HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road, Main Building, 2nd Floor,
Kolkata- 700 001, West Bengal, India
Phone: +91 33 4600 0607
Email: [email protected]
Website: www.horizonmanagement.in
Shayona Engineering Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 4067162222
E-mail: [email protected]
Website: www.kfintech.com
Shayona Engineering Contact Details
SHAYONA ENGINEERING LIMITED
Shed No. 113/1, GIDC, Makarpura,
M.I. Estate, Vadodara-390010, Gujarat
Phone: +91 9310806080
E-mail: [email protected]
Website: www.shayonaengg.com
IPO FAQs
What is the Shayona Engineering offer size?
Shayona Engineering offer size is INR 14.45 – 14.86 crores.
What is the Shayona Engineering offer price band?
Shayona Engineering public offer price is INR 140 – 144 per share.
What is the lot size of the Shayona Engineering IPO?
Shayona Engineering offer lot size is 1,000 shares.
What is Shayona Engineering IPO GMP today?
Shayona Engineering IPO GMP today is INR NA per share.
What is the Shayona Engineering kostak rate today?
Shayona Engineering kostak rate today is INR NA per application.
What is Shayona Engineering IPO Subject to Sauda rate today?
Shayona Engineering Subject to Sauda rate today is INR NA per application.