Shayona Engineering IPO GMP, Price, Dates & Review | Finowings

The SME IPO market in early 2026 continues to attract investor interest, especially in engineering and manufacturing-focused companies. One such upcoming issue is the Shayona Engineering IPO, a book-built public issue that has gained attention due to its reasonable issue size and SME platform listing. Investors are closely tracking the Shayona Engineering IPO GMP, price band, and allotment dates to assess listing potential.

In this detailed IPO analysis by Finowings, we cover all essential details, including IPO dates, price band, lot size, business overview, risks, and whether investors should consider applying.

Shayona Engineering IPO Overview

Shayona Engineering IPO is a book build issue of ₹14.86 crores. The issue is entirely a fresh issue of 0.10 crore shares, meaning the company aims to raise capital for business growth and operational needs rather than providing an exit to existing shareholders.

Key IPO Highlights:

 IPO Type: Book Build Issue
 Issue Size: ₹14.86 Crores
 Fresh Issue: 0.10 Crore Shares
 Listing Platform: BSE SME

Shayona Engineering IPO Dates

Investors should carefully note the important IPO timeline:

 IPO Opening Date: January 22, 2026
 IPO Closing Date: January 27, 2026
 Allotment Date: January 28, 2026 (Expected)
 Listing Date: January 30, 2026 (Tentative)
 Exchange: BSE SME

Timely application is crucial, as SME IPOs often witness limited subscription windows.

Shayona Engineering IPO Price Band & Lot Size

The Shayona Engineering IPO price band has been fixed at ₹140 to ₹144 per share, making it a moderately priced SME offering.

 Investment Details:

 Price Band: ₹140 – ₹144 per share
 Lot Size: 1,000 shares

 Minimum Investment Amount:

 Retail Investors:

   Minimum application: 2 lots (2,000 shares)
   Investment required: ₹2,88,000 (at upper price band)

 HNI Investors:

   Minimum application: 3 lots (3,000 shares)
   Investment required: ₹4,32,000

Due to the higher ticket size, this IPO is more suitable for investors with a higher risk appetite.

 Shayona Engineering IPO GMP (Grey Market Premium)

The Shayona Engineering IPO GMP indicates the unofficial premium at which shares are trading in the grey market before listing. GMP helps investors gauge market sentiment, though it is not an official or guaranteed indicator.

Investors can check the latest Shayona Engineering IPO GMP updates on Finowings.

Live IPO GMP page:

[https://www.finowings.com/IPO/live-ipo-gmp.php](https://www.finowings.com/IPO/live-ipo-gmp.php)

> Note: GMP is speculative and can change rapidly based on market conditions.

About Shayona Engineering – Business Overview

Shayona Engineering operates in the engineering segment, catering to industrial requirements through manufacturing and related services. The company focuses on delivering customized engineering solutions to its clients, supporting sectors that demand precision and reliability.

The funds raised through the IPO are expected to be used for:

 Business expansion
 Working capital requirements
 Strengthening operational capabilities

 Strengths of Shayona Engineering IPO

 SME-focused growth opportunity
 Entirely fresh issue supporting business expansion
 Manufacturing sector demand remains stable
 Listing on BSE SME platform

 Risks & Concerns

 SME IPOs involve higher volatility
 Limited public financial history
 High minimum investment for retail investors
 Dependence on industry demand cycles

Investors should carefully assess these risks before applying.

Should You Invest in Shayona Engineering IPO?

The Shayona Engineering IPO GMP may appeal to investors who understand SME risks and are comfortable with higher investment amounts. While the issue size is modest and funds are directed toward growth, retail investors should closely monitor subscription levels and IPO GMP trends before making a decision.

As per Finowings analysis, this IPO is more suitable for informed investors with medium-to-high risk appetite rather than conservative first-time IPO investors.

FAQs on Shayona Engineering IPO

What is the issue size of Shayona Engineering IPO?

The IPO size is ₹14.86 crores.

When will Shayona Engineering IPO open?

The IPO opens on January 22, 2026 and closes on January 27, 2026.

What is the Shayona Engineering IPO price band?

The price band is set between ₹140 and ₹144 per share.

On which exchange will Shayona Engineering IPO list?

The IPO will list on BSE SME.

 Where can I check live IPO GMP?

You can check it on Finowings’ Live IPO GMP page.

Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors are advised to consult financial experts before investing.