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Shayona Engineering Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on December 12, 2024.
Shayona Engineering Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the BSE SME. Horizon Management Pvt.Ltd. was the book running lead manager and Kfin Technologies Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | [.] to [.] per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 28,60,268 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Dec 12, 2024 |
| Offer document withdrawn | Mon, May 5, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2017, Shayona Engineering Limited is engaged in the business of precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery.
They offer customized solutions for precision castings in special grades, with weights ranging from a few grams to 3 metric tons in a single piece.
The company operates from three locations in Vadodara, Gujarat, utilizing sophisticated, cutting-edge technology-based equipment to deliver accurate engineering solutions, along with prompt aftersales services, all under one roof.
Products:
As of December 12, 2024, the company has 16 employees.
Competitive Strengths:
| Period Ended | 31 Oct 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 14.01 | 12.58 | 7.26 | 3.94 |
| Total Income | 7.4 | 15.28 | 12.63 | 4.58 |
| Profit After Tax | 0.33 | 1.72 | 0.59 | 0.06 |
| Net Worth | 7.83 | 4 | 2.01 | 0.9 |
| Reserves and Surplus | 4.97 | 1.73 | 1.01 | 0.42 |
| Total Borrowing | 4.81 | 5.41 | 3.45 | 1.32 |
| Amount in ₹ Crore | ||||
| KPI | Values |
|---|---|
| ROE | 43.03% |
| ROCE | 44.02% |
| Debt/Equity | 1.35 |
| RoNW | 43.03% |
| PAT Margin | 11.29% |
The Company Shayona Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 90 |
| 2 | General corporate purposes |
Shayona Engineering Ltd.
Shed No. 113/1,
GIDC, Makarpura,
M.I. Estate,
Vadodara, Gujarat, 390010
Phone: +91 9310806080
Email: compliance@shayonaengg.com
Website: http://www.shayonaengg.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: sel.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Shayona Engineering IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Shayona Engineering IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Shayona Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Shayona Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shayona Engineering IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shayona Engineering IPO dates are not announced. Please check back again after some time.
Shayona Engineering IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shayona Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shayona Engineering IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shayona Engineering IPO allotment status.
The Shayona Engineering IPO listing date is not yet announced. The tentative date of Shayona Engineering IPO listing is [.].
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