Shayona Engineering IPO Details
The key details of Shayona Engineering’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹14.86 Crore |
| Price Range | ₹140 - ₹144 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2,000 |
| Investment (cut-off price) | ₹2,88,000 |
| Pre IPO Promotor Holding | 87.29% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Shayona Engineering IPO Timelines
The IPO process for Shayona Engineering includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
22/01/2026
Start Date27/01/2026
End Date29/01/2026
Refund Initiation29/01/2026
Credit of Shares to Demat Ac30/01/2026
Listing DateShayona Engineering IPO Lot Size
The Shayona Engineering IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹144 per share. For retail investors, the minimum and maximum application is 2,000 shares (2 lots) amounting to ₹2,88,000. For Small HNI (S-HNI) investors, the minimum application is 3,000 shares (3 lots) worth ₹4,32,000, while the maximum is 6,000 shares (6 lots) amounting to ₹8,64,000. Big HNI (B-HNI) investors need to apply for at least 7,000 shares (7 lots), totaling ₹10,08,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2000 | ₹2,88,000 |
| Retail Maximum | 2 | 2000 | ₹2,88,000 |
| S-HNI Minimum | 3 | 3000 | ₹4,32,000 |
| S-HNI Maximum | 6 | 6000 | ₹8,64,000 |
| B-HNI Minimum | 7 | 7000 | ₹10,08,000 |
Shayona Engineering IPO Subscription Status
The subscription status for Shayona Engineering IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 3.33x | 9.30x | 3.73x | -- | 5.43x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Shayona Engineering IPO Company Financials
Shayona Engineering reports robust performance in FY2025 with Total Income of ₹23.18 crores, managing expenses at ₹19.26 crores, and achieving a strong PAT (Profit After Tax) of ₹2.42 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹12.63 | ₹11.82 | ₹0.61 |
| FY 2024 | ₹15.28 | ₹12.97 | ₹1.71 |
| FY 2025 | ₹23.18 | ₹19.26 | ₹2.42 |
| FY 2026 (8 M) | ₹19.15 | ₹15.94 | ₹2.45 |
About Company
Incorporated in 2017, Shayona Engineering Limited is engaged in the manufacture and supply of precision castings, machining solutions, dies and moulds, industrial automation systems, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery. The company specializes in customized precision castings in special grades, with component weights ranging from a few grams up to 3 metric tons in a single piece, catering to diverse industrial requirements.
Operations are conducted from three manufacturing locations in Vadodara, Gujarat, equipped with advanced and technology driven machinery to ensure high accuracy and quality engineering solutions. An integrated operational setup enables end to end production along with efficient after sales support. The product portfolio includes tubular conveying systems, die head trolleys and mixing machines, CNC and VMC machined components, heavy metal fabrication solutions, and process automation equipment.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2017 | Steel | Vipul Solanki |
Know Before Investing
Shayona Engineering IPO Strengths
- Shayona Engineering specialises in precision castings of various metal grades for diverse industrial applications, providing end-to-end solutions from design to delivery under one roof.
- Rising infrastructure, manufacturing revival, and ‘Make in India’ create sustained demand for precision castings across sectors.
- ₹2.17 crore loan repayment lowers interest costs, enhancing financial stability for tender participation and order execution.
- Current assets of ₹41.12 crore by November 2025 support immediate capacity ramp-up post-machinery investments.
Shayona Engineering IPO Risks
- Standardised metal castings face intense regional competition, potentially eroding margins through aggressive bidding.
- Steel scrap, ferroalloys, and metal inputs subject margins to LME price swings without guaranteed pass-through.
- Industrial B2B castings depend on limited OEMs; key client losses materially affect revenue streams.
- Casting volumes tied to capex cycles, auto production, and infrastructure spending create order lumpiness.
Swot Analysis for Shayona Engineering IPO
Strengths
Precision Casting Expertise, Advanced Technology Stack, Strategic GIDC Location
Weaknesses
Customer Concentration Risk, Specification Deviation Risk, Small Workforce Scale
Opportunities
Make in India Engineering, Gujarat Infra Capex, Value Engineering Services
Threats
Raw Material Volatility, Technology Obsolescence, Intense Local Competition
Company Details
Shayona Engineering Ltd.
Shed No. 113/1, GIDC, Makarpura, M.I. Estate, Vadodara, Gujarat, 390010
Phone: +91 9310806080
Email: compliance@shayonaengg.com
Website: https://www.shayonaengg.com/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: sel.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Shayona Engineering SME IPO are:
- Purchase of Plant and Machinery for the existing line of the business
- Repayment of secured loan availed by the Company from Financial Institution
- Funding of working capital requirements of the Company
- General corporate purposes
Horizon Management Pvt. Ltd. is the book-running lead managers for the Shayona Engineering IPO.
Shayona Engineering can benefit from strong infrastructure, defence, and automotive capex driving casting demand. Its one stop manufacturing model, 50 plus clients, rising long term supply contracts, and low capacity utilization provide scope for revenue expansion and margin stability, provided leverage and execution risks are managed effectively.
The issue price for the Shayona Engineering IPO is set between ₹140 to ₹144 per share.
To invest in two lot of Shayona Engineering IPO, you need ₹2,80,000 at the lower price band (₹140 per share) or ₹2,88,000 at the upper price band (₹144 per share) for a lot size of 2,000 shares.
Shayona Engineering IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on January 30, 2025.
Refund/unblocking of funds for Shayona Engineering IPO will begin on January 29, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Shayona Engineering IPO shares on listing day (January 30, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.