shayona-ipo

Shayona Engineering IPO

  • Status: Upcoming
  • RHP:
  • ₹ 280,000 / 2000 shares

    Minimum Investment

Shayona Engineering IPO Details

  • Open Date

    22 Jan 2026

  • Close Date

    27 Jan 2026

  • Listing Date

    30 Jan 2026

  • IPO Price Range

    ₹ 140 to ₹144

  • IPO Size

    ₹ 15 Cr

  • Listing Exchange

    BSE SME

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Last Updated: 19 January 2026 4:13 PM by 5paisa

Shayona Engineering Limited is an Indian precision engineering and manufacturing company based in Vadodara, Gujarat, established in 2017. The company provides integrated engineering solutions across precision castings, machining, dies and moulds, industrial automation, heavy fabrication, forging, reverse engineering and turnkey machinery projects for sectors such as automotive, energy and industrial equipment. Shayona delivers customised engineered components ranging from small parts to large single-piece castings and supports clients with advanced technology, modern manufacturing infrastructure and after-sales services, serving both domestic and international customers. 

Established in: 2017 

Managing Director: Vipul Bhikhabhai Solanki 

Shayona Engineering Objectives

1. Purchase of plant and machinery to expand and strengthen the existing line of business, up to ₹3.79 crore. 

2. Repayment of secured loans availed by the company from financial institutions, up to ₹2.17 crore. 

3. Funding of the company’s working capital requirements, up to ₹4 crore. 

4. Utilisation of funds for general corporate purposes. 

Shayona Engineering IPO Size 

Types Size
Total IPO Size ₹15 Cr 
Offer For Sale -
Fresh Issue ₹15 Cr 

Shayona Engineering IPO Lot Size 

Application Lots Shares Amount (₹)
Retail (Min) 2 2,000  2,80,000 
Retail (Max) 2 2,000  2,88,000 
S-HNI (Min) 3 3,000  4,20,000 
S-HNI (Max) 6 6,000  8,64,000 
B-HNI (Min) 7 7,000  10,08,000 

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY23 FY24 FY25
Revenue 12.6  15.3   23.1 
EBITDA 1.15  3.0  5.0 
PAT 0.61  1.71  2.42 
Particulars (In ₹ Crores) FY23 FY24 FY25
Total Assets 7.27  12.58  29.60 
Share Capital 1.0  2.27  2.86 
Total Liabilities 7.27  12.58  29.60 
Cash Flows (₹ Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) Operating Activities -2.6  -0.2  -2.3 
Net Cash Generated From / (used in) Investing Activities -0.3  -1.52  -8.81 
Net Cash Generated From / (used in) Financing Activities 2.9  1.73  11.09 
Net Increase (Decrease) in Cash and Cash Equivalents 0.003  0.01  -0.01 


Strengths

1. The company has integrated in-house capabilities across casting, machining, fabrication and automation. 

2. Serves multiple industrial sectors, reducing dependence on a single segment. 

3. Focuses on customised and complex engineering solutions. 

4. Operates from a modern manufacturing facility with established processes. 

Weaknesses

1. The company has a relatively short operating history. 

2. Revenue is dependent on a limited number of key customers. 

3. Operations are capital-intensive in nature. 

4. Profitability can be sensitive to raw material price fluctuations. 

Opportunities

1. Rising demand for precision engineering in automotive and industrial sectors supports growth. 

2. Expansion of capacity can improve scale and operating leverage. 

3. Export opportunities can diversify revenue streams. 

4. Increasing outsourcing by OEMs can benefit specialised manufacturers. 

Threats

1. Competition from larger and well-established engineering players remains intense. 

2. Volatility in steel and other input prices can impact margins. 

3. Slowdown in core end-user industries may affect order inflows. 

4. Changes in regulations or compliance costs could increase expenses. 

1. The company has integrated in-house capabilities across castings, machining, fabrication, automation and turnkey engineering solutions. 

2. Caters to diversified end-user industries such as automotive, energy and industrial equipment. 

3. Focuses on customised and complex engineering products with value-added manufacturing. 

4. Expansion in plant, machinery and working capital is aimed at strengthening scale and execution. 

Shayona Engineering operates in the precision engineering and manufacturing space, offering integrated solutions across castings, machining, heavy fabrication, forging, industrial automation, dies and moulds, reverse engineering and turnkey machinery. The company caters to automotive, energy and industrial equipment sectors with customised components and project-based solutions. Its in-house capabilities, modern infrastructure and focus on complex, value-added engineering work position it to benefit from rising outsourcing and growing demand for precision components in domestic and export markets. 

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FAQs

Shayona Engineering IPO opens from January 22, 2026 to January 27, 2026. 

The size of Shayona Engineering IPO is ₹15 Cr. 

The price band of Shayona Engineering IPO is fixed at ₹140 to ₹144 per share.  

To apply for Shayona Engineering IPO, follow the steps given below: 

●    Login to your 5paisa demat account and select the issue in the current IPO section     

●    Enter the number of lots and the price at which you wish to apply for the Shayona Engineering IPO.     

●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app. 

The minimum lot size of Shayona Engineering IPO is of 2,000 shares and the investment required is ₹2,88,000. 

The share allotment date of Shayona Engineering IPO is January 28, 2026 

The Shayona Engineering IPO will likely be listed on January 30, 2026. 

Horizon Management Private Limited is the book running lead manager for Shayona Engineering IPO. 

Shayona Engineering IPO plans to utilise the raised capital from the IPO for: 

1. Purchase of plant and machinery to expand and strengthen the existing line of business, up to ₹3.79 crore. 

2. Repayment of secured loans availed by the company from financial institutions, up to ₹2.17 crore. 

3. Funding of the company’s working capital requirements, up to ₹4 crore. 

4. Utilisation of funds for general corporate purposes.