Shayona Engineering IPO GMP & Review: Apply or Avoid?

Shayona Engineering IPO is open for bidding from 22nd January 2026 to 27th January 2026. It is a bookbuilding IPO of ₹14.86 crore, comprising an entirely fresh issue of 0.10 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 30th January 2026. 

Shayona Engineering IPO Details 

The Shayona Engineering IPO date is fixed between 22nd January 2026 and 27th January 2026. The face value of Shayona Engineering shares stands at ₹10 per share, and the IPO Issue price band is set at ₹140 to ₹144 per share

Kfin Technologies Limited is the registrar of the Shayona Engineering IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Shayona Engineering IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.10 crore shares worth ₹14.86 crore. Shayona Engineering IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Shayona Engineering IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Shayona Engineering IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 22nd January 2026, Shayona Engineering IPO GMP stands at ₹0.00 per share, which means the share will likely list at ₹144.00 on its tentative listing date, 30th January 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Shayona Engineering IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Shayona Engineering IPO GMP Review

Check out the detailed Shayona Engineering GMP IPO review for a thorough understanding of its potential to report listing gains on 30th January 2026. The Shayona Engineering IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Shayona Engineering IPO.

Shayona Engineering Limited’s revenue increased by 51.70% from ₹15.28 crores in March 2024 to ₹23.18 crores in March 2025. Moreover, the company’s PAT increased by 41.52% from ₹1.71 crores in March 2024 to ₹2.42 crores in March 2025.

Shayona Engineering’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Shayona Engineering IPO, with its tentative listing day set for 30th January 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Shayona Engineering IPO.

The P/E ratio of Shayona Engineering Limited shares is 17.03, and its Earnings Per Share (EPS) stands at 8.46. Thus, the Shayona Engineering IPO can deliver gains on its tentative listing date, 30th January 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Shayona Engineering Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Shayona Engineering IPO Subscription Status

The Shayona Engineering IPO will open for bidding on 22nd January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Shayona Engineering IPO Subscription Status. 

About Shayona Engineering Limited

Shayona Engineering Limited was established 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 customised solutions for precision castings in exceptional grades, with weights ranging from a few grams to 3 metric tons per piece. The company operates from three locations in Vadodara, Gujarat, utilising 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

Shayona Engineering Limited Financials

The company’s financial analysis is essential before applying for the Shayona Engineering IPO. See the table for Shayona Engineering Limited’s financials. 

Explanation

Shayona Engineering Limited’s revenue increased by 51.70% from ₹15.28 crores in March 2024 to ₹23.18 crores in March 2025. Moreover, the company’s PAT increased by 41.52% from ₹1.71 crores in March 2024 to ₹2.42 crores in March 2025.

Shayona Engineering Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Shayona Engineering IPO

The primary aim of the Shayona Engineering IPO is to raise ₹14.86 crores. On the other hand, Shayona Engineering has decided to utilise these funds in different ways.

• To purchase plant and Machinery for the existing line of our business
• To the repayment of the secured loan availed by our Company from the Financial Institution
• To fund the working capital requirements of our Company
• To General Corporate Expenses.

Should I Invest in the Shayona Engineering IPO?

Explore the pros and cons of Shayona Engineering to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the Shayona Engineering IPO

• The company has a proven track record in Large-Scale Operations
• The company has an Advanced Technology Investment
• The company has Future-Ready Automation
• The company has Strategic Supply Chain Management

Cons of the Shayona Engineering IPO

• The company has a High Customer Concentration Risk
• The company has Export Compliance Obligations
• The company has a Supplier Concentration & Raw Material Risks

How to Apply for the Shayona Engineering IPO?

Check the steps mentioned below to apply for Shayona Engineering Ltd.

• Step 1: Conduct thorough research on the Shayona Engineering IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lots of 2,000 shares worth ₹2,88,000
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Shayona Engineering IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the Shayona Engineering IPO Allotment Status?

You can check for the Shayona Engineering IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the BSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Shayona Engineering IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Shayona Engineering IPO allotment status.

Let’s Wrap

Shayona Engineering IPO is a bookbuilding issue of shares worth ₹14.86 crores. The shares of Shayona Engineering Limited will be listed on BSE and SME on its tentative listing date of 30th January 2026. Researching the Shayona Engineering IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Shayona Engineering IPO

How is the Shayona Engineering IPO?

Ans. Currently, on 22nd January 2026, the Shayona Engineering GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹144 per share. It is a bookbuilding IPO of ₹14.86 shares. The face value of each Shayona Engineering share is ₹10 per share. 

What is the Shayona Engineering IPO price?

Ans. The Shayona Engineering IPO issue price band is set at ₹140 to ₹144 per share. 

Is the Shayona Engineering IPO a good investment?

Ans. Shayona Engineering Limited’s revenue increased by 51.70% from ₹15.28 crores in March 2024 to ₹23.18 crores in March 2025. Moreover, the company’s PAT increased by 41.52% from ₹1.71 crores in March 2024 to ₹2.42 crores in March 2025.

Who is the registrar of the Shayona Engineering IPO?

Ans. Kfin Technologies Limited is the registrar for the Shayona Engineering IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Shayona Engineering allotment and refund, you can contact Kfin Technologies Limited at sel.ipo@kfintech.com or at 04067162222, 04079611000.

What is the issue size of the Shayona Engineering IPO? 

Ans. Shayona Engineering IPO is a bookbuilding IPO of ₹14.86 crores. Moreover, the IPO is set to open on 22nd January 2026 and close on 27th January 2026. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Shayona Engineering IPO, download the Shayona Engineering IPO RHP and Shayona Engineering IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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