Shayona Engineering IPO
Bookbuilding IPO | ₹15.00 Cr | Listing at BSE SME
IPO Open
Thu, Jan 22, 2026
IPO Close
Tue, Jan 27, 2026
Price Band
₹140.00 to ₹144.00
Market Cap (Pre-IPO)
₹56.05 Cr
IPO Details
| IPO Date | Jan 22, 2026 to Jan 27, 2026 |
| Listing Date | Tentative: Jan 30, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹140.00 to ₹144.00 |
| Lot Size | 1000 Shares (Minimum: ₹144,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Issue Size | ₹15.00 Crores |
| Total Shares Offered | 1,032,000 shares |
| Offer For Sale | 1,032,000 shares |
Shayona Engineering IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 12,000 (1.16%) |
| Retail Shares Offered | 6,68,000 (64.73%) |
| NII Shares Offered | 3,00,000 (29.07%) |
Shayona Engineering IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹288,000 |
| Retail (Max) | 2 | 2,000 | ₹288,000 |
| S-HNI (Min) | 3 | 3,000 | ₹432,000 |
| S-HNI (Max) | 6 | 6,000 | ₹864,000 |
| B-HNI (Min) | 7 | 7,000 | ₹1,008,000 |
Shayona Engineering Financial Information (Restated Consolidated)
| 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 ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 0.00% |
| ROCE (Return on Capital Employed) | 29.03% |
| Debt/Equity | 1.35 |
| RoNW (Return on Net Worth) | 34.81% |
| PAT Margin (Profit After Tax Margin) | 10.44% |
| EBITDA Margin | 21.64% |
| Price to Book Value | 0.00 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.14 | 0.00 |
| P/E (x) | 0.00 | 0.00 |
| Promoter Holding | 87.29% | 0.00% |
Company Promoters
- Vipul Bhikhabhai Solanki
- Kinnariben Vipulbhai Solanki
- and Gaurav Ratukumar Parekh are the promoters of the company.
Company Overview
- 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:
- Tubular conveying systems
- Die head trolleys and mixing machines
- CNC and VMC machined components
- Heavy metal fabrication solutions
- Process automation equipment
Company Strengths
- Proven Track Record in Large-Scale Operations
- Strategic Supply Chain Management
- Advanced Technology Investment
- State-of-the-Art Manufacturing
- Future-Ready Automation
Use of Proceeds
| 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 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Quick Info
| Sector | Manufacturing |
| Exchange | BSE SME |
| Market Cap (Pre-IPO) | ₹56.05 Cr |
| GMP | 0.00 |
Important Dates
| IPO Open | Jan 22, 2026 |
| IPO Close | Jan 27, 2026 |
| Allotment Date | Jan 28, 2026 |
| Credit to Demat | Jan 29, 2026 |
| Listing Date | Tentative: Jan 30, 2026 |
Lead Manager(s)
Horizon Management Pvt.Ltd.
Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
Description
Shayona Engineering IPO is a book build issue of 0.10 crore shares. The issue is entirely a fresh issue of shares.
Shayona Engineering IPO opens for subscription on Jan 22, 2026 and closes on Jan 27, 2026. The allotment for the Shayona Engineering IPO is expected to be finalized on Jan 28, 2026. Shayona Engineering IPO will list on BSE SME with a tentative listing date fixed as Jan 30, 2026.
Shayona Engineering IPO price band is set at [.] to [.] per share.