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.

What is the current subscription status of Shayona Engineering Limited IPO?

Shayona Engineering Limited IPO has received a total subscription of 5.49 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

5.49x

Total Demand

QIB Multiplier

3.33x

Institutions & Funds

NII / HNI

9.48x

High Net-Worth

Retail (RII)

3.73x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 5.49x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	12,000	40,000	3.33x
NIB	300,000	2,843,000	9.48x
HNIs(10L +)	180,000	2,242,000	12.46x
HNIs (2-10L)	120,000	601,000	5.01x
RETAIL	668,000	2,494,000	3.73x
Total	1,280,000	8,220,000	5.49x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 5.01x

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	2	0.00x
NIB	—	462	0.00x
RETAIL	334	1,247	3.73x
HNIs(10L +)	60	265	4.42x
HNIs (2-10L)	40	197	4.92x
Total Applications	434	2,173	5.01x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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 Schedule:

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 is Shayona Engineering Limited IPO GMP today?

Currently, Shayona Engineering Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹140 to ₹144 per equity share.

What is the expected profit per lot for Shayona Engineering Limited IPO?

The retail lot size is 1000 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹144 per equity share.

What is the issue size and price band for Shayona Engineering Limited IPO?

The Shayona Engineering Limited IPO aggregate issue size is ₹14.86 Crores with an equity price band set at ₹140 to ₹144 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check Shayona Engineering Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 5.49x (Retail: 3.73x, QIB: 3.33x, NII: 9.48x). You can track live multiples directly on our dedicated subscription page.

Where and when will Shayona Engineering Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-01-28. Investors can verify status using PAN card or application number.

When is the listing date for Shayona Engineering Limited IPO?

Shayona Engineering Limited shares are scheduled to list on BSE on 2026-01-30.