What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Shayona Engineering Limited IPO allotment date?

The basis of allotment for Shayona Engineering Limited IPO is scheduled to be finalized on 28 Jan 2026.

Where can I check Shayona Engineering Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 29 Jan 2026.

Shayona Engineering Limited

ListedSME

Materials & Engineering · BSE

Incorporated in 2017, Shayona Engineering Limited is engaged in precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey machinery projects, delivering customised precision castings in special grades ranging from a few grams up to 3 metric tons in a single piece. The company operates from three locations in Vadodara, Gujarat, equipped with advanced technology-driven machinery that enables accurate engineering solutions and integrated manufacturing under one roof along with prompt after-sales support. Its product portfolio includes tubular conveying systems, die head trolleys and mixing machines, CNC and VMC machined components, heavy metal fabrication, and process automation equipment. As of August 24, 2025, the company employed 20 people, and the IPO proceeds are proposed to be utilised towards working capital requirements and general corporate purposes.

Price Band

₹140 – ₹144

Issue Size

₹14.86 Cr

Lot Size

1000 shares

GMP

—

Est. Listing

₹144

at current GMP

Subscribed

5.49x

overall

Open

22 Jan 2026

27 Jan 2026

Allotment

28 Jan 2026

Refund

29 Jan 2026

Demat Credit

30 Jan 2026

Listing

30 Jan 2026

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Shayona Engineering Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

28 Jan 2026

Basis finalization

Refunds Initiate

29 Jan 2026

Mandate release

Demat Credit

30 Jan 2026

Shares in demat

Listing Debut

30 Jan 2026

Trading begins

How to Check Shayona Engineering Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Shayona Engineering Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Shayona Engineering Limited Public Issue & Market Profile

Shayona Engineering Limited is bringing an initial public offering (IPO) in the Materials & Engineering sector with an aggregate issue size of ₹14.86 Crores. The shares are offered at a price band of ₹140 to ₹144 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-01-30, while un-allotted funds or UPI block mandates will be released on 2026-01-29.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.