Shayona Engineering IPO
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Shayona Engineering IPO details
Schedule of Shayona Engineering
| Issue open date | 22 Jan 2026 |
| Issue close date | 27 Jan 2026 |
| UPI mandate deadline | 27 Jan 2026 (5 PM) |
| Allotment finalization | 28 Jan 2026 |
| Refund initiation | 29 Jan 2026 |
| Share credit | 29 Jan 2026 |
| Listing date | 30 Jan 2026 |
| Mandate end date | 11 Feb 2026 |
| Lock-in end date for anchor investors (50%) | 27 Feb 2026 |
| Lock-in end date for anchor investors (remaining) | 28 Apr 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Shayona Engineering
Shayona Engineering was incorporated in 2017 and operates in the precision engineering and manufacturing space. The company is engaged in precision castings, machining, dies and moulds, industrial automation, heavy fabrication, forging, reverse engineering, and turnkey machinery projects. It specialises in customised precision castings in special grades, with component weights ranging from a few grams up to 3 metric tons in a single piece, catering to varied industrial requirements.
The company operates from three manufacturing locations in Vadodara, Gujarat, equipped with advanced, technology-driven machinery. Its product portfolio includes tubular conveying systems, CNC and VMC machined components, die head trolleys, mixing machines, heavy metal fabrication solutions, and process automation equipment. Shayona Engineering follows an integrated business model that combines design, manufacturing, and after-sales support under one roof. With investments in modern infrastructure, automation, and supply chain efficiency, the company focuses on delivering accurate engineering solutions at scale while remaining future-ready.
Financials of Shayona Engineering
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 14.86 |
| Fresh Issue – Proceeds go to the company | 14.86 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Purchase of plant and machinery | 3.79 (25.50%) |
| Repayment of secured loan | 2.17 (14.60%) |
| Working capital requirements | 4.00 (26.92%) |
| General corporate purposes | 4.90 (32.98%) |
Strengths
- Wide capabilities across precision castings, machining, automation, and fabrication
- Ability to manufacture large and complex castings up to 3 metric tons
- In-house facilities across multiple locations, enabling end-to-end solutions
- Strong focus on automation and advanced manufacturing technology
- Customised engineering solutions with consistent quality and timely delivery
Risks
- Dependence on the industrial and capital goods sector demand cycles
- High reliance on the timely availability of raw materials and power supply
- Customer concentration risk from a limited number of key clients
- Capital-intensive operations require continuous investment in machinery
- Exposure to operational risks at manufacturing facilities
Allotment Status for Shayona Engineering
To check your IPO allotment status:
- Visit the Kfin Technologies IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.
Subscription Figures for Shayona Engineering
As per media reports (Link), the Grey Market Premium (GMP) of Shayona Engineering is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 05:00 PM on January 27, 2026:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 0.12 | 0.40 | 3.33x |
| NII | 3.53 | 28.43 | 8.08x |
| Retail | 6.68 | 24.94 | 3.73x |
| Total | 10.32 | 53.77 | 5.21x |