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Shayona Engineering Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Shayona Engineering Ltd IPO

Registered Office: Shed No.113/1 GIDC Makarpura,M I Estate , Vadodara - 390010 , Gujarat , India.
Phone : +91 93108 06080   Fax:
Email :  compliance@shayonaengg.com  
Website :  www.shayonaengg.com
Public issue of up to 10,32,000 equity shares of face value (Rs)10/- each ("Equity Shares") of the company for cash at a price of (Rs)140-(Rs)144 per equity share (Including a Securities Premium of (Rs)130-(Rs)134 per Equity Share) (The "Issue Price"), aggregating upto (Rs)14.45-(Rs)14.86 crores ("Issue") of the issue, 52,000 equity shares aggregating to (Rs)0.73-(Rs)0.75 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 9,80,000 equity shares of face value of (Rs)10 each at an issue price of (Rs)140-(Rs)144 per equity share aggregating to (Rs)13.72-(Rs)14.11 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.18%, respectively of the post issue paid up equity share capital of the company. Price Band: (Rs)140/- to (Rs)144/- per equity share of face value of (Rs)10/- each. The floor price is 14.0 times the face value of the equity shares and cap price is 14.4 times of the face value of the equity shares. Bids can be made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Jan-26 27-Jan-26 (Rs)140.00-144.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Horizon Management Pvt Ltd
Project Financed through Current Offer 14.45  
Post Issue Equity Share Capital 3.89  
Issue Price (Rs)140.00  
 
Projects
Purchase of Plant and Machinery for the existing line of the businessFunding of working capital requirements of the Company
Prepayment or repayment of secured loan availed by the Company from Financial InstitutionGeneral corporate purposes
Promoted By
Vipul Bhikhabhai Solanki  
Kinnariben Vipulbhai Solanki  
Gaurav Ratukumar Parekh  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd