Shayona Engineering to Launch ₹14.86 Crore IPO, Boosting Growth and Production

Shayona Engineering Limited is set to open its Initial Public Offering on January 22, 2026. The diverse engineering solutions provider aims to raise ₹14.86 Crore, with shares to be listed on the BSE's SME platform. Funds will be used for expansion, debt repayment, and working capital needs.

Mumbai (Maharashtra) [India], January 21: Shayona Engineering Limited, a comprehensive engineering solutions provider, has announced its Initial Public Offering (IPO) beginning January 22, 2026, and closing January 27, 2026. The IPO, with a proposed issue size of ₹14.86 Crore, targets listing on the BSE SME platform.

The offering includes a fresh issue of 10,32,000 equity shares priced between ₹140 and ₹144 each, with allocations for Qualified Institutional Buyers, Non-Institutional Investors, Retail Individual Investors, and Market Makers. Proceeds will support plant acquisition, debt servicing, and corporate growth initiatives.

Mr. Vipul Bhikhabhai Solanki, chairing Shayona Engineering, emphasized the IPO as pivotal for growth, leveraging 15+ years of sector expertise. Horizon Management Private Limited points out the IPO positions Shayona to thrive amidst India's infrastructure surge, supported by their robust business model and manufacturing enhancements.