
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
Close
27 Jan 2026
Allotment
28 Jan 2026
Refund
29 Jan 2026
Demat Credit
30 Jan 2026
Listing
30 Jan 2026
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹144
Band: ₹140 – ₹144
Estimated Listing Price
₹144
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹0
1000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹144 |
| 30 Oct 2026 | — | 0.0% | ₹144 |
| 29 Oct 2026 | — | 0.0% | ₹144 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Shayona Engineering Limited IPO is ₹0, which indicates an expected listing price of ₹144.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.