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Shayona Engineering Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 1032000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

During the proprietorship phase (2010-2017), the firm steadily expanded by acquiring new machinery and hiring skilled workers that began with basic lathe operations and fabrication work evolved into specialized precision engineering and industrial automation projects. The firm became a specialist in turnkey project machinery, die and molds, industrial structure and fabrication works. By 2016, the growing scale of operations and expanding client base made a formal corporate structure necessary. This led to the strategic decision to incorporate as a private limited company on February 14, 2017—a significant milestone in the company’s evolution from a small proprietorship to a structured corporate entity focused on becoming the industry leader in machining, dies and moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery.

Projects

1. Project Name: Funding of working capital requirements of our Company

Project Cost: 90

Promoters

Prmoters Name

1. Vipul Bhikhabhai Solanki

2. Gaurav Ratukumar Parekh

3. Kinnariben Vipulbhai Solanki

Prmoters Holdings
  • Pre Share Capital: 2497000
  • Pre Promoter Holding: 87.3
  • Offer to Public: 1032000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Horizon Management Pvt Ltd.

Subscription Details