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Open
22 Jan 2026
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Close
27 Jan 2026
3
Allotment
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Listing
Fri, Jan 30, 2026
Price Band
₹140 to ₹144
Issue Size
10,32,000 shares (agg. up to ₹15 Cr)
Lot Size
1,000 Shares
Listing Date
Fri, Jan 30, 2026
Latest GMP
₹4
Est. Gain
2.78%
✦ AI Insight
GMP Trend
30-01-2026₹4Est. ₹148+2.78%
29-01-2026₹4Est. ₹148+2.78%
28-01-2026₹0Est. ₹144+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.38x |
Restated Financials (₹ Cr.)
| 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 ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Munish Forge Ltd. | SME | ₹73.92 Cr | ₹96 | 11.89 | ₹110.25 | +14.84% | ₹70.05 (+1.16%) |
| KVS Castings Ltd. | SME | ₹27.83 Cr | ₹56 | 11.65 | ₹69.61 | +24.30% | ₹62.50 (-2.33%) |
| Swastika Castal Ltd. | SME | ₹14.07 Cr | ₹65 | 14.8 | ₹66.82 | +2.80% | ₹79.85 (+5.00%) |
| Neetu Yoshi Ltd. | SME | ₹77.04 Cr | ₹75 | 17.02 | ₹110.25 | +47.00% | ₹153.60 (+4.99%) |
| Super Iron Foundry Ltd. | SME | ₹68.05 Cr | ₹108 | 46.84 | ₹102.60 | -5.00% | ₹41.25 (-2.23%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Plant and Machinery for the existing line of business | 3.79 |
| 2 | Repayment of secured loan availed by Company from Financial Institution | 2.17 |
| 3 | Funding of Working Capital Requirement of the company | 4.00 |
| 4 | General Corporate Purposes | 2.23 |
| 5 | Issue Expenses | 2.67 |
| Total | 14.86 |
About Shayona Engineering IPO
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 Competitive Strengths: Proven Track Record in Large-Scale Operations Strategic Supply Chain Management Advanced Technology Investment State-of-the-Art Manufacturing Future-Ready Automation + Read More
Contact Details
Shayona Engineering Ltd. AddressShed No.113/1GIDC, MakarpuraM.I.EstateVadodara, Gujarat, 390010+91 9310806080compliance@shayonaengg.comVisit Website