Shayona Engineering SME IPO GMP History
Shayona Engineering SME IPO has been listed on January 30, 2026 at a listing price of ₹144, against the issue price of ₹144 — a gain of ₹0 (+0%). The GMP peaked at ₹4 on 30 January 2026 and reached a low of ₹0 on 29 January 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Shayona Engineering SME IPO raised ₹15 Cr. Cr. through its IPO at a price band of ₹140 to 144 per share, with a lot size of 1000 shares. The IPO was open for subscription from 22 Jan 2026 to 27 Jan 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:55 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 30 Jan 2026 | ₹ 4 | ▲ | 3% | — | — |
| 29 Jan 2026 | ₹ 0 | — | -- | — | — |
| 28 Jan 2026 | ₹ 0 | — | -- | — | — |
| 27 Jan 2026 | ₹ 0 | — | -- | — | — |
| 26 Jan 2026 | ₹ 0 | — | -- | — | — |
| 23 Jan 2026 | ₹ 0 | — | -- | — | — |
| 22 Jan 2026 | ₹ 0 | — | -- | — | — |
| 21 Jan 2026 | ₹ 0 | — | -- | — | — |
| 20 Jan 2026 | ₹ 0 | — | -- | — | — |
| 19 Jan 2026 | ₹ 0 | — | -- | — | — |
Shayona Engineering SME IPO dates
Key dates from opening to listing. Today is 29 October.
- Open 22 Jan 2026
- Close 27 Jan 2026
- Allotment 28 Jan 2026
- Refund/credit 29 Jan 2026
- Listing 30 Jan 2026
Shayona Engineering SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹144 |
|---|---|
| GMP-based estimate (pre-listing) | ₹144 (+2.9%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 30 Jan, 2026 |
| Actual listing price | ₹144 (+0%) |
Is Shayona Engineering SME IPO GMP reliable?
Grey market premium for Shayona Engineering SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Shayona Engineering SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Shayona Engineering SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Shayona Engineering SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Shayona Engineering SME IPO
Shayona Engineering is an India-based manufacturing company engaged in precision engineering and fabrication activities. Established by experienced promoters with a technical background, the company has steadily built its capabilities over the years by catering to diverse industrial requirements. It focuses on delivering customised engineering solutions and has developed expertise in handling complex fabrication and machining projects for sectors such as infrastructure, energy, and heavy industries.
The company’s product and service portfolio includes fabrication of industrial components, structural engineering works, and specialised job work based on client specifications. Its business model is largely order-driven, where it works closely with clients to design, develop, and deliver high-quality solutions within timelines. With a focus on quality control, operational efficiency, and long-term client relationships, Shayona Engineering continues to expand its presence across domestic markets.
Frequently asked
What is the GMP of Shayona Engineering SME IPO?
The current Grey Market Premium (GMP) of Shayona Engineering SME IPO is ₹ 4.
What is the Kostak Price of Shayona Engineering SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Shayona Engineering SME IPO is not available.
What is the Subject to Sauda Price of Shayona Engineering SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Shayona Engineering SME IPO?
Shayona Engineering SME IPO listed on January 30, 2026 at ₹144, against the issue price of ₹144 — a gain of +0%.
How did the GMP of Shayona Engineering SME IPO trend before listing?
The GMP of Shayona Engineering SME IPO was rising in its final days before listing. The GMP peaked at ₹4 on 30 January 2026. View the day-wise table above for the complete GMP history.
Explore Shayona Engineering SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
