Shayona Engineering SME IPO
Shayona Engineering IPO — date, price band, GMP & allotment 2026
Shayona Engineering, an established player in industrial machinery and engineering solutions, is launching its IPO to expand production capacity and invest in R&D. The company caters to sectors like manufacturing, energy, and infrastructure, offering innovative and durable solutions. Investors have a chance to invest in a firm with strong industrial expertise, growth potential, and a commitment to technology-driven engineering solutions.
Stock price
Shayona Engineering is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 September.
- Open 22 Jan 2026
- Close 27 Jan 2026
- Allotment 28 Jan 2026
- Refund/credit 29 Jan 2026
- Listing 30 Jan 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 22 to 27 Jan, 2026 |
|---|---|
| Price Band | ₹140 to 144 |
| Face Value | ₹10 |
| Lot Size | 1000 Shares |
| Issue Size | ₹15 Cr. Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 2,88,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1000 shares at the ₹144 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,000 | ₹2,88,000 |
| Retail (max) | 2 | 2,000 | ₹2,88,000 |
| HNI (min) | 3 | 3,000 | ₹4,32,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Shayona Engineering offer document.
| Metric | 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 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Shayona Engineering RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Shayona Engineering IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹9.44 |
| P/E Ratio (x) | 15.25 |
| Market Cap at Offer Price (₹ Cr) | ₹37.37 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹144 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹9.96 Cr of the issue is earmarked to named objects.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 9310806080
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Horizon Management Pvt. Ltd.
5 issues handledBest listing: Atharva Polyplast (+15.0%). Weakest: Yajur Fibres (-20.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Shayona Engineering?
The current Grey Market Premium is ₹4, or 3% over the issue price.
What is the Shayona Engineering IPO price band?
₹140 to ₹144, on a face value of ₹10.
When is the allotment?
The basis of allotment is 28 January 2026, with listing on 30 January 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
