Shayona Engineering
CLOSEDIPO Date: 22 Jan - 27 Jan 2026
Listing Date: 30 Jan 2026
Price Range
Rs.140 - Rs.144
Issue Size
15 Cr
Min Investment
₹1,40,000
Lot Size
1000 Shares
Schedule of Shayona Engineering
Issue open date
22 Jan 2026
Issue close date
27 Jan 2026
UPI mandate deadline
27 Jan 2026 (5 PM)
Allotment finalization
28 Jan 2026
Share credit
29 Jan 2026
Listing date
30 Jan 2026
Mandate end date
11 Feb 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 15 Cr |
| Fresh Issue | 14.86 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 28 Jan 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 29 Jan 2026 | ₹144 | ₹4 | ₹148 (2.78%) |
| 26 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 25 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 24 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 23 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 21 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 20 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 19 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 18 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 17 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
| 16 Jan 2026 | ₹144 | ₹0 | ₹144 (0%) |
Performance Shayona Engineering
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.140 - Rs.144 | .... | .... | .... |
About Shayona Engineering
Shayona Engineering Limited manufactures castings, dies, and moulds. It is involved in heavy fabrication, reverse engineering, and turnkey project machinery. This engineering company offers precision castings in various grades and weights. The company claims to combine cutting-edge technology with engineering expertise to deliver accurate, high-quality solutions. It claims to have a dedicated in-house design and development team that can produce import-substitute components tailored to specific customer needs. It operates out of three units located in Vadodara, Gujarat.
| Founded in | 2017 |
| Managing director | Mr Vipul Bhikhabhai Solanki |
| Parent organization |
Financial Overview
Strengths
- Wide capabilities across precision castings, machining, automation, and fabrication
- Ability to manufacture large and complex castings up to 3 metric tons
- In-house facilities across multiple locations, enabling end-to-end solutions
- Strong focus on automation and advanced manufacturing technology
- Customised engineering solutions with consistent quality and timely delivery
Risks
- Dependence on the industrial and capital goods sector demand cycles
- High reliance on the timely availability of raw materials and power supply
- Customer concentration risk from a limited number of key clients
- Capital-intensive operations require continuous investment in machinery
- Exposure to operational risks at manufacturing facilities
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 3.33 |
| Non-Institutional Investors (NIIs) | 8.01 |
| Retail Individual Investors (RIIs) | 3.72 |
| Employee | N/A |
| Total | 5.18 |