Shayona Engineering Limited, established in 2017, operates in the field of precision castings, machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery. The company specializes in providing customized solutions for precision castings in special grades, capable of producing single pieces ranging from a few grams to 3 metric tons.

Shayona Engineering operates from three facilities located in Vadodara, Gujarat. These units are equipped with state-of-the-art technology to deliver precise engineering solutions and offer comprehensive after-sales services, all integrated within a single operational framework.

The initial public offering (IPO) for Shayona Engineering will commence on January 22, 2026, and conclude on January 27, 2026. As a Book building IPO Issue, the offering aims to raise about ₹14.86 crores, comprising a fresh issue of equity shares and an offer for sale of a certain quantity of shares with a face value of ₹10 each.

The IPO’s price band is set between ₹140 and ₹144 per share. Allocation quotas are designated as 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The allotment process is expected to be finalized by January 28, 2026, followed by the listing of shares on the BSE SME exchange on January 30, 2026.

Shayona Engineering IPO Details

IPO Date	January 22, 2026 to January 27, 2026
Listing Date	Fri, Jan 30, 2026
Face Value	₹10 per share
Price Band	₹140 to ₹144
Lot Size	1,000 Shares
Issue Size	Approx ₹14.86 Crores
Issue Type	Book building IPO
Listing At	BSE SME
Share Holding Pre Issue	28,60,268 shares
Share Holding Post Issue	38,92,268 shares

Shayona Engineering IPO Dates

Initial public offering (IPO) for Shayona Engineering is scheduled to open on January 22 and will close on January 27. The basis of allotment will be finalized by January 28, followed by the listing of shares on January 30.

IPO Open Date	Thu, Jan 22, 2026
IPO Close Date	Tue, Jan 27, 2026
Tentative Allotment	Wed, Jan 28, 2026
Refunds	Thu, Jan 29, 2026
Credit of Shares to Demat	Thu, Jan 29, 2026
Tentative Listing Date	Fri, Jan 30, 2026
UPI Mandate Confirmation Deadline	5 PM on Tue, Jan 27, 2026

Shayona Engineering IPO Market Lot

The minimum application lot for the Shayona Engineering IPO has been set at 2,000 shares, requiring a total application investment of ₹2,88,000.

Application	Lot Size	Shares	Amount
Retail Minimum	2	2000	₹2,88,000
Retail Maximum	2	2000	₹2,88,000
S-HNI Minimum	3	3000	₹4,32,000
S-HNI Maximum	6	6000	₹8,64,000
B-HNI Minimum	7	7000	₹10,08,000

Know more

Everything You Need to Know About Shayona Engineering IPO