Shayona Engineering Ltd. IPO: Shayona Engineering Ltd is launching its book-built SME IPO on the BSE platform, aiming to raise approx. ₹14.86 crore. This IPO is a completely fresh issue with a total of 1,032,000 equity shares on offer. The company will use the proceeds from this IPO to purchase plant and machinery, repay secured borrowings, and meet working capital needs and for general corporate purposes. This IPO provides an opportunity to investors to invest in a strong engineering services company.

Shayona Engineering Ltd. IPO Overview
Shayona Engineering Ltd is launching its book-built SME IPO on the BSE platform, aiming to raise approx. ₹14.86 crore. This IPO is a completely fresh issue with a total of 1,032,000 equity shares on offer. The company will use the proceeds from this IPO to purchase plant and machinery, repay secured borrowings, and meet working capital needs and for general corporate purposes. This IPO provides an opportunity to investors to invest in a strong engineering services company.
| Details | Descriptions |
|---|---|
| IPO Date | 22 to 27 Jan, 2026 |
| Listing Date | Fri, Jan 30, 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹144 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 10,32,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 52,000 shares (agg. up to ₹0.7488 Cr) |
| Net Offered to Public | 9,80,000 shares (agg. up to ₹14 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 28,60,268 shares |
| Share Holding Post Issue | 38,92,268 shares |
| ISIN | INE0UCL01011 |
Shayona Engineering Ltd. IPO Schedule
The IPO of Shayona Engineering Limited opened for subscription on Wednesday, January 22, 2026 and closed on Tuesday, January 27, 2026. The allotment basis was finalized on January 28, 2026. The refunds and shares were later credited to the demat accounts of investors on January 29, 2026. The company shares are scheduled to be listed on the BSE SME Exchange on Friday, January 30, 2026.
| Details | Description |
|---|---|
| IPO Open Date | Thu, Jan 22, 2026 |
| IPO Close Date | Tue, Jan 27, 2026 |
| Tentative Allotment | Wed, Jan 28, 2026 |
| Initiation of Refunds | Thu, Jan 29, 2026 |
| Credit of Shares to Demat | Thu, Jan 29, 2026 |
| Tentative Listing Date | Fri, Jan 30, 2026 |
| Cut-off time for UPI mandate confirmation | – |
Shayona Engineering Ltd. IPO Lot Size Details
The standard lot size for this IPO is 1,000 equity shares. Retail investors are required to apply for a minimum of 2 lots (2,000 shares), which requires an investment of approx. ₹2,88,000 (at the upper end of the price range). Application of minimum 3 lots (3,000 shares) is also available for high net worth investors (HNIs), which requires investment of approx. ₹4,32,000.
| 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 |
Shayona Engineering Ltd. IPO Allocation
The total issue is divided into different investor categories as per the rules. This includes portions of retail individual investors (RIIs), non-institutional investors (NIIs/HNIs), and QIBs (qualified institutional buyers). Additionally, approx. 5% of the shares have been reserved for market makers to maintain liquidity after the shares are listed.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 52,000 (5.04%) |
| QIB Shares Offered | 12,000 (1.16%) |
| − Anchor Investor Shares Offered | – |
| − QIB (Ex. Anchor) Shares Offered | – |
| 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%) |
Overview of Shayona Engineering Ltd.
Shayona Engineering Limited is a expanded engineering and manufacturing company headquartered in Vadodara, Gujarat. The company provides precision engineering, machining, casting, forging, die and mold manufacturing, industrial automation, heavy manufacturing and turnkey machinery projects. Its products include tubular conveying systems, CNC/VMC machined components, heavy metal fabrication solutions and process automation equipment. Shayona Engineering serves several industries such as construction, marine, agriculture, automotive, chemical and pharmaceutical.
Company Financials
Shayona Engineering Ltd. Financial Information (Restated Standalone)
The company has shown reliable financial growth over the years. Shayona Engineering Limited is estimated to close financial year 2025 at ₹100 billion. The total income is reported to be approximately ₹19.15 cr. and net profit (PAT) of ₹2.45 crore. The company also reported strong performance for FY25, which shows that its financial position is strong ahead of the IPO.
| 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 Performance Indicator (KPI)
The market cap. of Shayona Engineering Ltd. IPO is ₹56.05 Crores.
KPI as of Mon, Mar 31, 2025.
| KPI | Nov 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 13.08% | 29.03% |
| ROCE | – | – |
| 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% | – |
Shayona Engineering Ltd. IPO Objectives
| Objects of the Issue | Expected Amount (₹ in cr.) |
|---|---|
| Funding working capital requirements of the company | 3.79 |
| Funding of Capital expenditure for manufacturing of equipments for Rental purpose. | 2.17 |
| Funding working capital requirements of our company | 4.00 |
| General corporate purposes |
Shayona Engineering Ltd. IPO Contact Details
- Shayona Engineering Ltd.
- Shed No. 113/1,
- GIDC, Makarpura, M.I. Estate,
- Vadodara, Gujarat, 390010
- +91 9310806080
- compliance@shayonaengg.com
- Website: https://www.shayonaengg.com
Shayona Engineering Ltd. IPO Registrar
Kfin Technologies Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 04067162222, 04079611000 |
| Email: | sel.ipo@kfintech.com |
| Website: | https://ipostatus.kfintech.com/ |
Shayona Engineering Ltd. IPO FAQs
When Shayona Engineering Ltd. IPO become available?
The IPO will open on Thu, Jan 22, 2026.
What is the minimum lot size for the Shayona Engineering Ltd. IPO?
The minimum lot size is 1000 shares.
When will the shares for the Shayona Engineering Ltd. IPO be allotted?
The allotment is expected to be finalized on Wed, Jan 28, 2026.
What is the expected listing date for the Shayona Engineering Ltd. IPO?
The tentative listing date is Fri, Jan 30, 2026.
How can I apply for the Shayona Engineering IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
Read also – Accretion Nutraveda Ltd. IPO Detail