Shayona Engineering Limited is entering the public markets through SME IPO with an issue size of ₹15.00 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on BSE & SME.
The IPO subscription window opens on January 22, 2026 and will remain open until January 27, 2026. The company plans to list its shares on January 30, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Shayona Engineering Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Shayona Engineering Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | Shayona Engineering Limited |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Price | ₹140 – ₹144 Per Share |
| Lot Size | 1,000 Shares |
| Face Value | ₹10 Per Share |
| Exchange | BSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 52,000 | 5.04% |
| Qualified Institutional Buyers (QIB) | 12,000 | 1.16% |
| NII (HNI) | 300,000 | 29.07% |
| — bNII > ₹10L | 180,000 | 17.44% |
| — sNII < ₹10L | 120,000 | 11.63% |
| Retail | 668,000 | 64.73% |
| Total Shares Offered | 1,032,000 | 100.00% |
Shayona Engineering Limited IPO Important Dates
The following table highlights the key dates for the Shayona Engineering Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 22 Jan 2026 |
|---|---|
| IPO Closing Date | 27 Jan 2026 |
| Allotment Finalization | 28 Jan 2026 |
| Initiation of Refunds | 29 Jan 2026 |
| Credit of Shares | 29 Jan 2026 |
| IPO Listing Date | 30 Jan 2026 |
Shayona Engineering Limited IPO Size & Structure
| Total IPO Size | ₹15.00 Crore |
|---|
Shayona Engineering IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Shayona Engineering IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹140 to ₹144 per share.
Investors can apply for the IPO with a minimum of 1000 shares. Applications must be made in multiples of 1000 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 7 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹144 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹144 | ₹288,000 |
| Retail (Max) | 2 | 2,000 | ₹144 | ₹288,000 |
| S-HNI (Min) | 3 | 3,000 | ₹144 | ₹432,000 |
| S-HNI (Max) | 6 | 6,000 | ₹144 | ₹864,000 |
| B-HNI | 7 | 7,000 | ₹144 | ₹1,008,000 |
Shayona Engineering Limited IPO GMP (Grey Market Premium)
The latest Shayona Engineering Limited IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current Shayona Engineering Limited IPO GMP is ₹4 (2.78%), compared to the IPO issue price of ₹144. Based on the current GMP, the expected listing price is around ₹148. The Lowest GMP was ₹0 on 29 Jan 2026, while the highest GMP reached ₹4 on 30 Jan 2026.
Shayona Engineering Limited IPO was listed on the stock exchange on 30 Jan 2026. The IPO was subscribed 5.18 times. The first reported GMP was ₹0 (0%), while the latest recorded GMP stood at ₹4 (2.78%).Listing Details:
- Issue Price: ₹144 per share.
- Listing Price: ₹144.00 (listed at same price)
- Listing Date: 30 Jan 2026
Shayona Engineering Limited IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 30 Jan 2026 | ₹144 | ▲ ₹4 | ▲ 2.78% | ₹148 | ₹8,000 |
| 29 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 28 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 27 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 26 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 24 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 23 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 22 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 21 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 20 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 19 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 17 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
| 16 Jan 2026 | ₹144 | ₹0 | 0% | ₹144 | ₹0 |
Shayona Engineering Limited IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at Shayona Engineering Limited fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the Shayona Engineering Limited IPO.
Shayona Engineering Limited IPO Subscription Status
Shayona Engineering Limited IPO was subscribed 5.18 times overall on the final day of bidding (as of 27 Jan 2026).The subscription opened on 22 Jan 2026. The Retail portion was subscribed 3.72 times, while QIB and NII categories were subscribed 3.33 times and 8.01 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 22 Jan 2026 | 3.33x | 1.22x | 0.81x | — | 0.98x |
| 23 Jan 2026 | 3.33x | 1.57x | 1.18x | — | 1.34x |
| 27 Jan 2026 | 3.33x | 8.01x | 3.72x | — | 5.18x |
On the first day, the Shayona Engineering Limited IPO received good initial interest, with early participation from QIB and NII investors.
Demand for the Shayona Engineering Limited IPO strengthened further on Day-2, driven mainly by higher bids from QIB, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 5.18x overall, reflecting strong demand from key investor categories, led by NII, followed by Retail investors. Overall subscription for the Shayona Engineering Limited IPO increased from 0.98x on Day-1 to 5.18x by the final day.
Shayona Engineering Limited IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 3.33x |
| Non-Institutional Investors (NII) | 8.01x |
| Retail Investors | 3.72x |
| Total | 5.18x |
Shayona Engineering Limited IPO Allotment Status
The Shayona Engineering Limited IPO allotment status was released on 28 Jan 2026. Investors who applied for the IPO can now check their Shayona Engineering Limited allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 28 Jan 2026
- 📈 Listing Date: 30 Jan 2026
How to Check Shayona Engineering Limited IPO Allotment Status Online?
Investors can check the Shayona Engineering Limited IPO allotment status online through KFin Technologies Limited and BSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
KFin Technologies
to know more about the IPO registrar.
Check on KFin Technologies Limited (IPO Registrar)
- Visit → KFin Technologies Limited
- Select Shayona Engineering Limited
- Enter Application No / Demat Account / PAN details
- Click Submit to view allotment status
Check on BSE (Bombay Stock Exchange) Website
- Visit → BSE Website.
- Select Issue Type: Equity.
- Choose Shayona Engineering Limited IPO.
- Enter your PAN or Application Number.
- Click on Search button.
The Bombay Stock Exchange (BSE) also allows investors to check the Shayona Engineering Limited IPO allotment status online.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for Shayona Engineering Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
Shayona Engineering Limited IPO Listing Analysis
This snapshot provides a quick view of the IPO status, pricing levels, and indicative performance.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed | ₹144 | ₹144 | ▲ 0.00% |
Shayona Engineering Limited was listed on the stock market on 30 Jan 2026 at ₹144, which was at par with its IPO issue price, resulting in a neutral listing.
Buying interest emerged after listing, and the stock gained +4.86%, closing at ₹151. This marked a net appreciation of +₹7 per share (+4.86%).
The initial investment of ₹144,000 increased to ₹151,000. Investors ended the day with a profit of +₹7,000 per lot.
📌 IPO Issue Price and Lot Size
The IPO of Shayona Engineering Limited was offered in the price band of ₹140 to ₹144 per share.
- The final issue price was fixed at ₹144.
- One lot consisted of 1000 shares.
- Minimum investment: ₹144 × 1000 = ₹144,000
- Investment after Day-1: ₹151 × 1000 = ₹151,000
- By the end of the listing session, investors made a profit of +₹7,000 per lot.
📌 IPO Subscription Analysis
With a strong overall subscription of 5.18× and QIB participation of 3.33×, the IPO delivered a positive market debut. The stock listed at 0.00% and closed at 4.86%, reflecting sustained buying interest.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 3.33x | 1.22x | 0.81x | 0.98x |
| Day 2 | 3.33x | 1.57x | 1.18x | 1.34x |
| Day 3 | 3.33x | 8.01x | 3.72x | 5.18x |
📌 Final Assessment
Overall Outcome: Successful IPO
- Subscription Phase: Very strong demand
- Listing Phase: Healthy and stable
- Investor Experience: Positive for most investors
About Shayona Engineering Limited
Shayona Engineering Limited was founded in 2017 and works in the field of precision engineering and manufacturing. The company provides services such as precision castings, machining, dies and moulds, industrial automation, heavy fabrication, forging, reverse engineering, and complete turnkey machinery solutions.
It mainly focuses on making customized precision castings in special grades. These components can range from just a few grams to as heavy as 3 metric tons in a single piece, helping meet the needs of different industries.
IPO Financial Summary
- Total Assets changed by 135.29% in FY 2024-2025.
- Total Revenue changed by 51.7% in FY 2024-2025.
- Profit After Tax changed by 41.52% in FY 2024-2025.
- Reserves & Surplus changed by 309.88% in FY 2024-2025.
- Total Borrowings changed by 156.83% in FY 2024-2025.
| Metric | 2025-11-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 41.12 | 29.60 | 12.58 | 7.27 |
| Total Revenue (₹ Cr) | 19.15 | 23.18 | 15.28 | 12.63 |
| Profit After Tax (₹ Cr) | 2.45 | 2.42 | 1.71 | 0.61 |
| Reserves & Surplus (₹ Cr) | 9.50 | 7.05 | 1.72 | 1.01 |
| Total Borrowings (₹ Cr) | 22.61 | 13.92 | 5.42 | 3.45 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹12.19 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Purchase of Plant and Machinery for the existing line of our business | 3.79 | 31.09% |
| 2 | Repayment of secured loan availed by our Company from Financial Institution | 2.17 | 17.80% |
| 3 | Funding of working capital requirements of our Company | 4.00 | 32.81% |
| 4 | General corporate purposes | 2.23 | 18.29% |
| Total | 12.19 | 100% | |
Shayona Engineering IPO Promoter Holding
| Promoter(s) | Vipul Bhikhabhai Solanki, Kinnariben Vipulbhai Solanki, and Gaurav Ratukumar Parekh |
|---|---|
| Pre-Issue Holding | 87.29% |
Shayona Engineering Limited IPO FAQs
The Shayona Engineering Limited IPO is a SME Bookbuilding IPO with a total issue size of ₹15.00 crore.
The IPO will open for subscription on Thu, 22 Jan 2026 and will close on Tue, 27 Jan 2026.
The shares are being offered at a price band of ₹140 to ₹144 per equity share.
Investors can apply for the IPO with a minimum lot size of 1,000 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹288,000.
The shares of Shayona Engineering Limited are expected to be listed on BSE & SME on Fri, 30 Jan 2026.
Each equity share in the IPO has a face value of ₹10.
The IPO consists of a Fresh Issue, where shares are being offered by existing shareholders.
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