Shayona Engineering IPO: All You Need to Know – Date & Price

Shayona Engineering is launching its IPO with a total issue size of up to ₹15 crore, offering 10,32,000 shares at a ₹10 face value. The IPO opens on January 22, 2026, and will close on January 27, 2026. Allotment is scheduled for January 28, 2026, with listing on BSE SME expected on January 30, 2026.

Investors can apply in lots of 1,000 shares within the price band of ₹140–₹144 per share. The minimum investment for retail investors is 2 lots (₹2,88,000). Qualified institutional buyers (QIBs) and non-institutional investors (NIIs) have higher minimum bid requirements:

• sNII: 3 lots → ₹4,32,000
• bNII: 7 lots → ₹10,08,000

Shayona Engineering IPO Details

• Bidding Opens: January 22, 2026
• Bidding Closes: January 27, 2026
• IPO Lot Size: 1,000 shares
• Face Value: ₹10 per share
• Price Band: ₹140–₹144
• Issue Type: Bookbuilding
• Fresh Issue: 10,32,000 shares (Up to ₹15 crore)
• Listing Exchange: BSE SME
• Minimum Investment (Retail): ₹2,88,000

Shayona Engineering IPO Timeline

• Bidding Opens: January 22, 2026
• Bidding Closes: January 27, 2026
• Allotment Date: January 28, 2026
• Refund Initiation: January 29, 2026
• Demat Account Credit: January 29, 2026
• Proposed Listing: January 30, 2026

Shayona Engineering IPO Review

Shayona Engineering demonstrates steady revenue growth, improving margins, and a diversified presence across engineering and infrastructure sectors. Its emphasis on automation and capacity expansion positions it well for long-term growth.

However, the current GMP stands at ₹0, indicating muted listing expectations. Potential investors should also consider customer concentration risks and the company’s historical cash flow profile.

Overall, this IPO may be suitable for medium- to long-term investors willing to accept moderate-to-high risk for potential growth.