SHAYONA ENGINEERING IPO

SHAYONA ENGINEERING IPO

Investment Snapshot: Key Details

Important Dates for Investors

• Opening Date: 22 Jan 2026
• Closing Date: 27 Jan 2026
• UPI Payment Deadline: 27 Jan 2026 (5 PM)
• Allotment Announcement: 28 Jan 2026
• Refund Processing: 29 Jan 2026
• Demat Credit: 29 Jan 2026
• Stock Market Listing: 30 Jan 2026
• Mandate Validity End: 11 Feb 2026
• Anchor Investor Lock-in Release (50%): 27 Feb 2026
• Anchor Investor Lock-in Release (Remaining): 28 Apr 2026

*Dates may be revised as per official updates.

Unveiling Shayona Engineering: A Deep Dive

Founded in 2017, Shayona Engineering Limited stands as a prominent player in the precision engineering and manufacturing sector. The company has rapidly carved a niche for itself by specializing in a diverse range of sophisticated services including precision castings, advanced machining, intricate dies and moulds, industrial automation solutions, heavy fabrication, forging, reverse engineering, and comprehensive turnkey machinery projects. This broad expertise allows Shayona Engineering to cater to a vast spectrum of industrial requirements, delivering tailored solutions.

A distinctive capability of Shayona Engineering lies in its expertise in customized precision castings. The company boasts the ability to produce components in special grades, with individual weights ranging from a mere few grams up to a substantial 3 metric tons in a single piece. This technical prowess addresses complex demands across various industrial applications, from intricate machinery parts to large-scale structural components.

The company operates from three strategically located manufacturing facilities in Vadodara, Gujarat. These facilities are outfitted with cutting-edge, technology-driven machinery, enabling high-precision manufacturing and efficient production processes. Shayona Engineering’s product portfolio is comprehensive, encompassing tubular conveying systems, precision CNC and VMC machined components, specialized die head trolleys, efficient mixing machines, robust heavy metal fabrication solutions, and advanced process automation equipment.

Shayona Engineering adheres to an integrated business model that seamlessly combines design, manufacturing, and crucial after-sales support under a single roof. This holistic approach ensures consistent quality, streamlined project execution, and enduring client relationships. Through continuous investments in modern infrastructure, embracing automation, and optimizing supply chain efficiency, the company remains steadfast in its commitment to delivering accurate engineering solutions at scale. This forward-looking strategy positions Shayona Engineering as a future-ready entity within the dynamic industrial landscape.

IPO Structure and Capital Generation

The entire issue size of ₹14.86 Crores for the Shayona Engineering IPO is through a fresh issue of equity shares. This means that all the proceeds from the IPO will directly flow into the company’s coffers, bolstering its financial health and providing capital for future growth initiatives. A fresh issue typically signifies the company’s intent to utilize the funds for expansion, debt reduction, or working capital, directly contributing to its operational capabilities and strategic objectives. This structure allows the company to significantly enhance its resource base to fund its outlined capital expenditure and strategic plans.

Strategic Allocation of IPO Proceeds

The capital raised through the IPO is earmarked for several critical objectives, ensuring strategic deployment to fuel Shayona Engineering’s growth trajectory and strengthen its operational and financial foundation. The planned utilization of funds is as follows:

A significant portion of the funds, 25.50%, is allocated for the purchase of new plant and machinery. This investment is crucial for enhancing production capacity, adopting advanced manufacturing technologies, and improving operational efficiency, thereby supporting future growth and expanding capabilities. Additionally, 14.60% of the proceeds are designated for the repayment of secured loans, which will help reduce the company’s debt burden, strengthen its balance sheet, and potentially improve its financial ratios. A substantial 26.92% of the funds will be used to meet working capital requirements, ensuring smooth day-to-day operations, managing inventory, and sustaining operational liquidity. The remaining 32.98% is reserved for general corporate purposes, providing the company with flexibility to pursue various strategic initiatives, unforeseen capital needs, and other business exigencies that may arise in the future, supporting overall corporate strategy and long-term sustainability.

Distinctive Advantages and Core Competencies

Shayona Engineering has developed several key strengths that contribute to its competitive edge and market position. These strengths are foundational to its operational excellence and growth potential:

• Wide Capabilities Across Precision Engineering: The company possesses extensive capabilities spanning precision castings, advanced machining, industrial automation, and heavy fabrication. This comprehensive skill set enables Shayona Engineering to offer end-to-end solutions, making it a preferred partner for complex industrial projects and diversifying its revenue streams across multiple segments of the engineering value chain.
• Manufacturing of Large and Complex Castings: Shayona Engineering distinguishes itself with its unique ability to manufacture large and intricate castings, with individual component weights up to 3 metric tons. This specialized expertise caters to niche markets requiring robust and high-precision heavy components, differentiating the company from competitors who may lack such capabilities.
• Integrated In-House Facilities: With multiple in-house manufacturing facilities, Shayona Engineering ensures end-to-end control over its production processes, from design to delivery. This integrated approach enhances efficiency, reduces reliance on third-party vendors, improves quality control, and allows for greater flexibility in project execution, ultimately leading to better customer satisfaction.
• Strong Focus on Automation and Advanced Manufacturing: The company’s commitment to automation and advanced manufacturing technologies is a significant asset. By investing in state-of-the-art machinery and processes, Shayona Engineering enhances productivity, maintains precision, reduces human error, and ensures its operations remain at the forefront of technological advancements in the engineering sector.
• Customized Engineering Solutions with Quality and Timeliness: Shayona Engineering is renowned for delivering customized engineering solutions that consistently meet high-quality standards and are delivered on time. This client-centric approach, combined with its technical expertise, fosters strong customer relationships and a reputation for reliability, crucial for securing repeat business and attracting new clients in a competitive market.

Understanding the Investment Risks

While Shayona Engineering exhibits strong growth potential, investors should be aware of certain inherent risks associated with its business operations and the broader industry landscape:

• Dependence on Industrial and Capital Goods Sector Demand Cycles: The company’s performance is closely tied to the demand cycles of the industrial and capital goods sectors. Downturns or slowdowns in these industries, driven by macroeconomic factors, government policies, or global economic instability, could significantly impact Shayona Engineering’s order book, revenue, and profitability.
• High Reliance on Timely Availability of Raw Materials and Power Supply: Shayona Engineering’s manufacturing processes are critically dependent on the consistent and timely availability of key raw materials and an uninterrupted power supply. Any disruptions in the supply chain, price volatility of raw materials, or power shortages could lead to production delays, increased costs, and ultimately affect the company’s operational efficiency and financial performance.
• Customer Concentration Risk: The company may face customer concentration risk if a significant portion of its revenue is derived from a limited number of key clients. The loss of a major customer or a substantial reduction in orders from such clients could have a material adverse impact on the company’s financial results and business prospects. Diversifying its client base is essential to mitigate this risk.
• Capital-Intensive Operations Requiring Continuous Investment: Operating in the precision engineering and manufacturing sector is capital-intensive, necessitating continuous investments in new machinery, technology upgrades, and infrastructure maintenance. Failure to adequately invest in capital expenditure due to financial constraints or other reasons could lead to technological obsolescence, reduced competitiveness, and hinder long-term growth.
• Exposure to Operational Risks at Manufacturing Facilities: Shayona Engineering’s multiple manufacturing facilities are exposed to various operational risks, including equipment breakdowns, industrial accidents, labor disputes, natural disasters, or regulatory non-compliance. Any significant operational disruption could lead to production halts, increased costs, reputational damage, and potential liabilities, thereby impacting business continuity and profitability.

Real-time Investor Interest (Subscription Status)

Subscription statistics based on the latest available information:

*Subscription data for the Shayona Engineering IPO will become available after the bidding process commences and is updated periodically. Investors are advised to refer to official exchange data for the most accurate and up-to-date figures. GMP figures are unofficial and may vary; exchange data is more reliable.

Participate in the IPO

Investors can participate in this IPO via the official Dhan Kirti IPO platform before the subscription closes.