Shayona Engineering IPO
Shayona Engineering Limited is set to launch its Initial Public Offering (IPO) in January 2026. This article provides an in-depth look at the Shayona Engineering IPO, including issue details, application process, company background, and important dates. If you are considering investing in this SME IPO, this guide will help you make an informed decision.
Overview of Shayona Engineering IPO
| IPO Attribute | Details |
|---|---|
| IPO Type | Book Build Issue of Fresh Shares |
| Total Issue Size | ₹14.86 Crores |
| Number of Shares | 10,32,000 shares |
| Price Band | ₹140 to ₹144 per share |
| Minimum Lot Size | 1,000 Shares |
| Minimum Investment for Retail Investors | ₹2,88,000 (2 lots) |
| HNI Minimum Lot | 3 lots (3,000 shares) – ₹4,32,000 |
| IPO Open Date | January 22, 2026 |
| IPO Close Date | January 27, 2026 |
| Allotment Date | January 28, 2026 |
| Listing Date (Tentative) | January 30, 2026 |
| Lead Manager | Horizon Management Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Market Maker | Horizon Financial Consultants Pvt. Ltd. |
| Listing Exchange | BSE SME |
Shayona Engineering IPO Allocation
The IPO shares are allocated among various investor categories as follows:
- Qualified Institutional Buyers (QIB): 12,000 shares (1.16%)
- Non-Institutional Investors (NII): 3,00,000 shares (29.07%)
- Retail Individual Investors (RII): 6,68,000 shares (64.73%)
Investors must bid for a minimum of 2,000 shares (2 lots) and in multiples of 1,000 shares thereafter.
About Shayona Engineering Limited
Incorporated in 2017, Shayona Engineering Limited specializes in precision castings and engineering solutions. The company operates from three locations in Vadodara, Gujarat, offering products and services that include:
- Precision Castings in special grades
- Machining of components
- Dies and moulds manufacturing
- Industrial automation solutions
- Heavy fabrication
- Casting and forging processes
- Reverse engineering
- Turnkey project machinery
The company is known for delivering highly customized engineering solutions using cutting-edge technology-based equipment. They also offer prompt after-sales services, providing end-to-end solutions for precision component requirements.
Competitive Strengths of Shayona Engineering
- Wide range of precision casting products with weights ranging from a few grams to 3 metric tons per piece
- State-of-the-art manufacturing plants with advanced technology
- Strong customer relationships with customized solutions tailored to client needs
- Experienced management team and skilled workforce
- Capability to handle turnkey projects, providing a one-stop shop for clients
Purpose of the IPO
The net proceeds from the IPO will be utilized for the company’s business expansion, technological upgradation, working capital requirements, and other corporate purposes, which will support its growth trajectory in the engineering sector.
How to Apply for Shayona Engineering IPO
Investors can apply for the Shayona Engineering IPO online or offline. Here are the most common online methods:
- Via Zerodha: Investors can apply through the Zerodha platform using UPI as payment mode by logging into Zerodha Console (back office).
- UPI Method: Payment through UPI offered by various brokers who do not provide banking services.
- ASBA (Application Supported by Blocked Amount): Available via net banking through registered banks.
Other brokers like Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank also provide online application facilities for this IPO.
Important Steps to Apply Through Zerodha
- Login to Zerodha Console
- Access the IPO section to view open IPOs
- Select Shayona Engineering IPO and enter the number of lots
- Confirm the application and payment using UPI
- Keep track of your application status and IPO allotment through the portal
Key Dates for Shayona Engineering IPO
| Event | Date |
|---|---|
| IPO Open Date | January 22, 2026 |
| IPO Close Date | January 27, 2026 |
| Basis of Allotment Finalization | January 28, 2026 |
| Share Credit to Demat Account | January 29, 2026 |
| Listing Date (Tentative) | January 30, 2026 |
Investment Considerations
Before investing in the Shayona Engineering IPO, consider the following points:
- The minimum application amount is sizeable for retail investors, requiring investment of at least ₹2.88 lakh (2 lots) at the upper price band.
- This IPO is listed on BSE SME, a platform for smaller companies and may involve different liquidity and risk profiles compared to main board listings.
- Study the company’s financials, business model, and growth prospects thoroughly before investing.
- Review the Draft Red Herring Prospectus (DRHP) available on the registrar’s and exchanges’ websites for comprehensive details.
Conclusion
Shayona Engineering IPO, opening from January 22 to January 27, 2026, offers investors an opportunity to own shares in a precision engineering company with a solid foothold in customized manufacturing solutions. With a price band of ₹140 to ₹144 and a minimum lot size of 1,000 shares, investors need to assess their financial capacity and risk tolerance before participating.
For applying, investors can utilize multiple channels including prominent brokers like Zerodha and banks offering ASBA facilities. Keep track of the allotment and listing dates to monitor your investment's market debut after the IPO.
Stay updated and ensure proper due diligence before investing in Shayona Engineering IPO to capitalize on this promising SME market opportunity.
No comments:
Post a Comment
If you have any doubts,Please let me know