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Shayona Engineering

Listed SME BSE SME · Castings & Forgings

Price Band

₹140.0–144.0

Issue Size

₹14.86 Cr

Lot Size

1,000 shares

Min Investment

₹288,000

GMP

+₹4.0 (2.78%)

Issue Price

₹144.0

calendar_month Important Dates

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IPO Open Date
Thu, 22 Jan 2026
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IPO Close Date
Tue, 27 Jan 2026
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Allotment Date
Wed, 28 Jan 2026
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Refund Initiation
Thu, 29 Jan 2026
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Credit of Shares
Thu, 29 Jan 2026
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Listing Date
Fri, 30 Jan 2026
Listing Price
₹148.0 +2.78%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

+₹4.0

GMP %

+2.78%

Est. Listing

₹148.0

schedule Updated: 14 Jul 2026 15:52

business About the Company

Shayona Engineering Limited specializes in precision engineering solutions, offering a wide range of services that include precision casting, machining, dies and moulds, industrial automation, heavy fabrication, forging, reverse engineering, and turnkey machinery projects. The company provides tailor-made precision castings in specialized grades, capable of producing components ranging from a few grams up to single pieces weighing as much as 3 metric tons. Operating from three advanced manufacturing facilities in Vadodara, Gujarat, Shayona Engineering leverages state-of-the-art technology and modern equipment to ensure high accuracy, reliability, and efficiency. All services—from design and manufacturing to after-sales support—are delivered seamlessly under one roof. Product Portfolio: Tubular conveying systems Die head trolleys and mixing equipment CNC and VMC-machined components Heavy-duty metal fabrication solutions Industrial and process automation systems Competitive Strengths Proven Track Record in Large-Scale Operations Strategic Supply Chain Management Advanced Technology Investment State-of-the-Art Manufacturing Future-Ready Automation

payments Company Financials (₹ Cr)

As of 2025-11-30

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

Key Ratios

EPS

₹8.46

NAV

₹34.64

ROCE

29.03%

RoNW

34.81%

P/B Value

4.16

P/E Ratio

17.03

Market Cap

₹56.05 Cr

PAT Margin

10.44%

Promoters

Vipul Bhikhabhai Solanki, Kinnariben Vipulbhai Solanki and Gaurav Ratukumar Parekh

Objects of the Issue

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 business 3.79 2 Repayment of secured loan availed by Company from Financial Institution 2.17 3 Funding of Working Capital Requirement of the company 4.00 4 General Corporate Purposes 2.23 5 Issue Expenses 2.67 Total 14.86

info Issue Details

Issue Type SME Book Built
Issue Size ₹14.86 Cr
Price Band ₹140.0 – ₹144.0
Issue Price ₹144.0
Lot Size 1,000 shares
Min Investment ₹288,000
Exchange BSE SME
Sector Castings & Forgings
Open Date 22 Jan 2026
Close Date 27 Jan 2026
Allotment 28 Jan 2026
Listing Date 30 Jan 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Kfin Technologies Ltd.

Lead Managers / Book Running

account_balance Horizon Management Pvt.Ltd.

timeline IPO Timeline

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Open

22 Jan 2026

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Close

27 Jan 2026

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Allotment

28 Jan 2026

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Listing

30 Jan 2026

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