Shayona Engineering IPO: GMP, Price, Analysis, And Details

Shayona Engineering IPO- Company Analysis 

Shayona Engineering IPO under the SME IPO category is a bookbuild issue of Rs. 0.10 Cr by Shayona Engineering Limited. Precision casting, machining, dies and molds, industrial automation, heavy fabrication, casting, forging, reverse engineering and turnkey project machinery are all areas of business.

With weights ranging from a few grams to three metric tons in a single piece, they provide tailored solutions for precise castings in particular grades.

The company uses advanced, state-of-the-art technology-based equipment at three locations in Vadodara, Gujarat, to provide precise technical solutions and timely after-sales services all under one roof.

Goods:

• Systems for tubular conveying.
• Mixing machines and die head trolleys.
• VMC and CNC-machined parts.
• Solutions for fabricating heavy metals.
• Equipment for process automation.
  
  

Shayona Engineering IPO Details

The Shayona Engineering IPO date of opening is 22 Jan 2026, its initial public offering will end on 27 Jan, IPO allotment on Jan 28 and refund initiation on Jan 29, 2026.

The Shayona Engineering IPO listing date (expected) might be on Friday, Jan 30, 2026, and listing at the BSE and SME. 

The Shayona Engineering IPO price band is Rs. *.

 

 

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Jan 22, 2026
IPO Closing Date	Jan 27, 2026
IPO Allotment Date	Jan 28, 2026
Refund Initiation	Jan 29, 2026
IPO Listing Date	Jan 30, 2026

 

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Company Financials 

(Amount in Cr)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	29.60	12.58	7.27
Total Income	23.18	15.28	12.63
PAT	2.42	1.71	0.61
EBITDA	5.00	3.00	1.15
Net Worth	9.91	3.99	2.01
Reserves & Surplus	7.05	1.72	1.01
Total Borrowing	13.92	5.42	3.45

 

Cash Flows

(Amount in lac)

Net Cash Flow	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	(229.88)	(19.76)	(259.74)
Net Cash Flow Investing Activities	(880.75)	(151.63)	(30.45)
Net Cash Flow Financing Activities	1,109.47	172.65	290.49

 

Revenue Bifurcation

(Rs. in Lac)

(Source: DRHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Purchase of Plant and Machinery for the existing line of its business. ~ Rs. 3.79 Cr.
• Repayment of secured loan availed by the Company from the Financial Institution. ~ Rs. 2.17 Cr.
• Funding of the working capital requirements of our Company. ~ Rs. 4 Cr.
• General Corporate Purposes.
  
  

Listed Peers of Shayona Engineering Ltd. 

No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.

 

Valuation

KPI	Value
ROCE	29.03%
Debt / Equity	1.35
RoNW	34.81%
PAT Margin	10.44%
EBITDA Margin	21.64%

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 9.14 from the last year, the resulting P/E ratio is *.

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IPO's Strengths 

• A track record of success in large-scale operations
• Management of the strategic supply chain.
• Investment in advanced technology.
• Modern manufacturing.
• Automation prepared for the future.

 

 

IPO’s Weaknesses

• The EPCG Scheme imposes export responsibilities on the company; failure to fulfill these obligations could result in financial liabilities.
• Rely heavily on a few vendors to supply its basic supplies. 
• Delays in starting production at its new facility could hurt its business operations and financial results.
  
  

Shayona Engineering IPO GMP (Grey Market Premium)

Shayona Engineering IPO GMP today has not started yet as of 17 Jan 2026 while writing this information. 

Shayona Engineering IPO Summary

IPO Opening & Closing Date	22 Jan, 2026 to 27 Jan, 2026
Face Value	Rs. 10 per Share
Issue Price	Rs. * per Share.
Lot Size	* Shares
Issue Size	10,32,000 Shares (Rs. *Cr)
Offer for Sale	-
Fresh Issue	10,32,000 Shares (Rs. *Cr)
Listing at	BSE, SME
Issue Type	Bookbuild issue IPO
Registrar	Kfin Technologies Ltd.

 

IPO Lot Details 

Retail investors can invest in a minimum of * Lots (* Shares) for Rs. *, and in multiples thereof, while HNI investors can invest in a minimum of Lots ( Shares) for Rs. *.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
HNI (Min)	3 Lots

 

Shayona Engineering IPO Allotment Status

To check the Shayona Engineering IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Shayona Engineering Ltd.

• Vipul Bhikhabhai Solanki
• Kinnariben Vipulbhai Solanki 
• Gaurav Ratukumar Parekh

Pre-Issue Promoter Shareholding	87.29%
Post-Issue Promoter Shareholding	-

 

IPO Lead Managers

• Horizon Management Pvt. Ltd.  
  
  

Dividend Policy

The company has not paid a dividend during the last three financial years.

 

 

Conclusion

Exposure to a specialized precision engineering and heavy fabrication company with robust profitability measures like ROCE and RoNW is provided by the Shayona Engineering IPO. Long-term growth potential is supported by the company's emphasis on automation, innovative manufacturing, and capacity development but significant debt and execution concerns should be properly watched.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.