Shayona Engineering Limited, established in 2017, operates in the field of precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery. The company specializes in providing customized solutions for precision castings in special grades, capable of producing single pieces ranging from a few grams to 3 metric tons.
Shayona Engineering operates from three facilities located in Vadodara, Gujarat. These units are equipped with state-of-the-art technology to deliver precise engineering solutions and offer comprehensive after-sales services, all integrated within a single operational framework.
The initial public offering (IPO) for Shayona Engineering will commence on January 22, 2026, and conclude on January 27, 2026. As a Book building IPO Issue, the offering aims to raise about ₹14.86 crores, comprising a fresh issue of equity shares and an offer for sale of a certain quantity of shares with a face value of ₹10 each.
The IPO’s price band is set between ₹140 and ₹144 per share. Allocation quotas are designated as 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The allotment process is expected to be finalized by January 28, 2026, followed by the listing of shares on the BSE SME exchange on January 30, 2026.
Shayona Engineering IPO Details
| IPO Date | January 22, 2026 to January 27, 2026 |
| Listing Date | Fri, Jan 30, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹140 to ₹144 |
| Lot Size | 1,000 Shares |
| Issue Size | Approx ₹14.86 Crores |
| Issue Type | Book building IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 28,60,268 shares |
| Share Holding Post Issue | 38,92,268 shares |
Shayona Engineering IPO Dates
Initial public offering (IPO) for Shayona Engineering is scheduled to open on January 22 and will close on January 27. The basis of allotment will be finalized by January 28, followed by the listing of shares on January 30.
| IPO Open Date | Thu, Jan 22, 2026 |
| IPO Close Date | Tue, Jan 27, 2026 |
| Tentative Allotment | Wed, Jan 28, 2026 |
| Refunds | Thu, Jan 29, 2026 |
| Credit of Shares to Demat | Thu, Jan 29, 2026 |
| Tentative Listing Date | Fri, Jan 30, 2026 |
| UPI Mandate Confirmation Deadline | 5 PM on Tue, Jan 27, 2026 |
Shayona Engineering IPO Market Lot
The minimum application lot for the Shayona Engineering IPO has been set at 2,000 shares, requiring a total application investment of ₹2,88,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2000 | ₹2,88,000 |
| Retail Maximum | 2 | 2000 | ₹2,88,000 |
| S-HNI Minimum | 3 | 3000 | ₹4,32,000 |
| S-HNI Maximum | 6 | 6000 | ₹8,64,000 |
| B-HNI Minimum | 7 | 7000 | ₹10,08,000 |
