Bookbuilding IPO | ₹15 Cr | Listed at BSE SME
Shayona Engineering IPO is a book build issue of ₹14.86 crores. The issue is entirely a fresh issue of 0.10 crore shares of ₹14.86 crore.
Shayona Engineering IPO bidding started from Jan 22, 2026 and ended on Jan 27, 2026. The allotment for Shayona Engineering IPO was finalized on Jan 28, 2026. The shares got listed on BSE SME on Jan 30, 2026.
Shayona Engineering IPO price band is set at ₹144 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,88,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,32,000.
Horizon Management Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Horizon Financial Consultants Pvt.Ltd..
Refer to Shayona Engineering IPO RHP for detailed Information.
IPO Open
Thu, Jan 22, 2026
IPO Close
Tue, Jan 27, 2026
Issue Price
₹144 per share
Market Cap (Pre-IPO)
₹56.05 Cr
| IPO Date | 22 to 27 Jan, 2026 |
| Listed on | Fri, Jan 30, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹140 to ₹144 |
| Issue Price | ₹144 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 10,32,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 52,000 shares Horizon Financial Consultants Pvt.Ltd. (agg. up to ₹0.7488 Cr) |
| Net Offered to Public | 9,80,000 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 28,60,268 shares |
| Share Holding Post Issue | 38,92,268 shares |
| BSE Script Code | 544686 |
| ISIN | INE0UCL01011 |
Shayona Engineering IPO offers total 10,32,000 shares. Out of which 12,000 (1.16%) allocated to QIB, 3,00,000 (29.07%) allocated to NII 6,68,000 (64.73%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 52,000 (5.04%) |
| QIB Shares Offered | 12,000 (1.16%) |
| NII (HNI) Shares Offered | 3,00,000 (29.07%) |
| − bNII > ₹10L | 1,80,000 (17.44%) |
| − sNII < ₹10L | 1,20,000 (11.63%) |
| Retail Shares Offered | 6,68,000 (64.73%) |
| Total Shares Offered | 10,32,000 (100.00%) |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,88,000 |
| Individual investors (Retail) (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 |
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 after-sales services, all under one roof.
Products:
Competitive Strengths:
| Period Ended | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 41.12 | 29.60 | 12.58 | 7.27 |
| Total Income | 19.15 | 23.18 | 15.28 | 12.63 |
| Profit After Tax | 2.45 | 2.42 | 1.71 | 0.61 |
| EBITDA | 4.08 | 5.00 | 3.00 | 1.15 |
| NET Worth | 12.36 | 9.91 | 3.99 | 2.01 |
| Reserves and Surplus | 9.50 | 7.05 | 1.72 | 1.01 |
| Total Borrowing | 22.61 | 13.92 | 5.42 | 3.45 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Plant and Machinery for the existing line of our business | 3.79 |
| 2 | Repayment of secured loan availed by our Company from Financial Institution | 2.17 |
| 3 | Funding of working capital requirements of our Company | 4.00 |
| 4 | General corporate purposes | 2.23 |
| KPI | Nov 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROCE | 13.08% | 29.03% |
| Debt/Equity | 1.83 | |
| RoNW | 22.01% | 34.81% |
| PAT Margin | 12.80% | 10.44% |
| EBITDA Margin | 21.33% | 21.64% |
| Price to Book Value | 3.33 | 4.16 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.46 | 9.44 |
| P/E (x) | 17.03 | 15.25 |
| Promoter Holding | 87.29% | 64.15% |
| Market Cap | ₹56.05 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees* including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses. | 0.40 |
| 2 | Fees of Book Running Lead Manager in any form/ name /Purpose | 0.50 |
| 3 | Marketing and Selling Commission and expenses | 1.40 |
| 4 | Advertising and marketing expenses | |
| 5 | Printing and distribution of issue stationery | 0.01 |
| 6 | Others | 0.08 |
| 7 | Listing fees | 0.03 |
| 8 | BSE processing fees | 0.03 |
| 9 | Book Building software fees | 0.02 |
| 10 | Other regulatory expenses | 0.10 |
| 11 | Miscellaneous, if any (Fees payable Sponsor Bank/Banker(s) to the Issue, Depositories, Independent Chartered Engineers, Depository Participant, Peer Review Auditor) | 0.10 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹144.00 |
| Open | ₹144.00 |
| Low | ₹137.40 |
| High | ₹151.20 |
| Last Trade | ₹151.00 |
Lead Manager Reports
Shayona Engineering IPO is a SME IPO of 10,32,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹144 per share. The minimum order quantity is 1000.
The IPO opens on Thu, Jan 22, 2026, and closes on Tue, Jan 27, 2026.
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 opens on Thu, Jan 22, 2026 and closes on Tue, Jan 27, 2026.
Shayona Engineering IPO lot size is 1000, and the minimum amount required for application is ₹2,88,000, with 2 lots being the minimum application size.
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 Wednesday, January 28, 2026, and the allotted shares will be credited to your demat account by Thu, Jan 29, 2026. Check the Shayona Engineering IPO allotment status.
The Shayona Engineering IPO listing date is on Fri, Jan 30, 2026.
