SME
IPO ·
BSE SME
Shayona Engineering Ltd
Listed
Incorporated 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 m
Issue details
Price band
₹140 – ₹144
Face value
₹10
Lot size
1,000 shares
Minimum investment
₹2,88,000
Issue size
₹14.86 Cr
Fresh issue
₹14.11 Cr
Offer for sale
—
Issue type
Book Built
Exchange
BSE SME
Key dates
Opens
22 Jan 2026
Closes
27 Jan 2026
UPI mandate cut-off
5:00 PM on 27 Jan 2026
Allotment
28 Jan 2026
Refunds
29 Jan 2026
Shares in demat
29 Jan 2026
Listing
30 Jan 2026
Subscription and listing
Subscription
5.38x
Listing price
₹144
Registrar
Kfin Technologies Ltd
Lead manager
Horizon Management
Subscription by category
Total
5.38x
Total applications
1,684
Listing day
Issue price
₹144
Open
₹144.00
High
₹151.20
Low
₹137.40
Day close
₹151.00
Listing gain at open
0.00%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
12,000
1.16%
NII Shares Offered
3,00,000
29.07%
bNII > ₹10L
1,80,000
17.44%
sNII < ₹10L
1,20,000
11.63%
Retail Shares Offered
6,68,000
64.73%
Market Maker Shares Offered
52,000
5.04%
Total Shares Offered
10,32,000
100.00%
Finaccle’s quick read
Neutral
FY25 income up 52%, PAT up 42%, D/E 1.83, post-issue P/E 15.25x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated 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 customized solutions for precision castings in special grades, with weights ranging from a few grams to 3 metric tons in a single piece. The company operates from three locations in Vadodara, Gujarat, utilizing sophisticated, cutting-edge technology-based equipment to deliver accurate engineering solutions, along with prompt after-sales services, all under one roof.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
—
ROCE
13.08%
Debt / equity
1.83
PAT margin
12.80%
P/E post issue
15.25
Market cap
₹56.05 Cr
Use of IPO money
Purchase of Plant and Machinery for the existing line of business
₹3.79 Cr
Repayment of secured loan availed by Company from Financial Institution
₹2.17 Cr
Funding of Working Capital Requirement of the company
₹4.00 Cr
General Corporate Purposes
₹2.23 Cr
Issue Expenses
₹2.67 Cr
Strengths
✓
Revenue up 52% in FY25 to ₹23.18 Cr
✓
PAT up 42% in FY25 to ₹2.42 Cr
✓
PAT margin of 12.80%
Risks to watch
!
High leverage: debt to equity 1.83
!
SME platform: large lot size and thinner trading liquidity
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.