Archive · 23 Jan 2026
Shayona Engineering IPO 59% Subscribed on Day 1
Shayona Engineering, a company that makes special parts for different industries, is selling shares to the public for the first time.
This is called an IPO.
They started selling the shares on January 22 and will continue until January 27.
They want to raise ₹14.86 crore to buy new machines, pay back loans, and have money for other needs.
On the first day, 59% of the shares were bought, mostly by big investors.
The price of each share is between ₹140 and ₹144.
The shares will be given to buyers on January 28 and will start trading on January 30.
Right now, the shares are not selling for more than the price they are being offered at in a special market called the grey market.
Shayona Engineering IPO started on January 22 and will end on January 27.
The company aims to raise ₹14.86 crore through the IPO.
The IPO is a fresh issue of 0.10 crore shares with a price band of ₹140 to ₹144 per share.
As of 1.15 pm on the first day, the IPO was 59% subscribed, led by strong demand from non-institutional investors.
The grey market premium for Shayona Engineering IPO is nil, indicating shares are trading at par with the offer price.
- Who
- Shayona Engineering
- What
- Initial public offering (IPO)
- When
- January 22 to January 27
- Where
- BSE SME
- Why
- To raise ₹14.86 crore for various purposes including purchase of plant and machinery, repayment of secured loan, funding working capital needs, and general corporate purposes
- IPO Start Date
- January 22
- IPO End Date
- January 27
- Price Band
- ₹140 to ₹144 per share
- Total Shares
- 0.10 crore
- Fund Usage
- Purchase of plant and machinery, repayment of secured loan, funding working capital needs, and general corporate purposes
- Allotment Date
- January 28
- Listing Date
- January 30
- Subscription Status
- 59% as of 1.15 pm on Day 1
- NII Quota Subscription
- 1.24 times
- Retail Portion Subscription
- 31%
- QIB Segment Bids
- None
- Grey Market Premium
- Nil
