Shayona Engineering Limited IPO
Shayona provides customized engineering solutions with strong capabilities in precision castings and allied manufacturing. It can deliver single-piece castings from a few grams up to 3 metric tons, supported by strategic alliances using processes such as lost wax/lost foam, sand, and centrifugal casting, making it a one-stop casting solution provider.
Services/products company provide
As per its DRHP milestones, Shayona positions itself as an engineering and manufacturing-focused group offering solutions across machining, dies & moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering and turnkey project machinery.
Pipe & fittings vertical (new expansion)
The company has also outlined an ongoing ~₹30 crore project to set up manufacturing for HDPE fittings, HDPE pipes, PVC fittings and PVC pipes.
Separately, a trademark filing for “Shayona Pipe” indicates products like PVC/CPVC pipes & fittings, HDPE pipes & fittings, suction/ hose pipes and other flexible pipes under the relevant class
Key Competitive Strengths
i) Execution Track Record: Strong history of delivering quality products and executing large-scale projects, building long-term client trust.
ii) Strong Supply Chain Network: Robust procurement and diversified clientele help manage demand shifts and reduce supply disruptions.
iii) Technology & Capacity Expansion: Ongoing investments and planned additions of CNC/VMC machines to improve precision, speed, and capability for complex components.
iv) Modern Manufacturing Infrastructure: Shayona’s pipe plant includes advanced HDPE/PVC extrusion and injection molding systems to serve infrastructure and utilities needs.
v) Automation Focus: Adoption of automation-driven systems to enhance efficiency, reduce errors, and maintain consistent quality while scaling.
Objects of the Shayona Engineering Limited IPO:
Shayona Engineering Limited IPO Details:
| Open Date: | Jan 22 2026 |
| Close Date: | Jan 27 2026 |
| Total Shares: | 10,32,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Book Building |
| Issue Size: | 15 Cr. |
| Lot Size: | 1000 Shares |
| Issue Price: | ₹ 140-144 Per Equity Share |
| Listing At: | BSE SME |
| Listing Date: | Jan 30 2026 |
Promoters And Management:
Financials of Shayona Engineering Limited IPO:
| Particulars | 8M FY2025-26 | FY 2024-25 | FY 2023-2024 | FY 2022-2023 |
| Revenue from Operations (Cr) | 19 | 23 | 15 | 13 |
| EBITDA (Cr) | 4 | 5 | 3 | 1 |
| EBITDA Margins | 21% | 22% | 20% | 9% |
| PAT (Cr) | 2.5 | 2.4 | 1.7 | 0.6 |
| PAT Margins | 13% | 10% | 11% | 5% |
| ROCE | 13% | 29% | 38% | 27% |
| D/E Ratio | 1.83 | 1.41 | 1.36 | 1.72 |
| OPerating Cash Flow | 2.3 | -2.3 | -0.2 | -2.6 |
Comparison With Peers:
Their is no listed Peers Existed in same business Segment.
Lead Manager of Shayona Engineering Limited IPO:
Registrar of Shayona Engineering Limited IPO:
Discussion on Shayona Engineering Limited IPO:
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