Shayona Engineering Limited is an engineering solutions and manufacturing company engaged in fabrication and supply of industrial engineering components and assemblies. The company earns revenue by executing B2B orders from industrial clients, primarily through customised manufacturing contracts. Its offerings are used in industrial machinery, infrastructure, and project-based applications, where precision engineering and timely execution are critical to client operations.

The Company is led by Promoter, i.e.,VIPUL BHIKHABHAI SOLANKI, KINNARIBEN VIPULBHAI SOLANKI AND GAURAV RATUKUMAR PAREKH

The Revenues from operations for the Period ended on Nov 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,914.62 Lakh, ₹ 2,317.68 Lakh, ₹ 1,528.44 Lakh, and ₹ 1,263.22 Lakh, The EBITDA for the Period ended on Nov 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 408.22 Lakh, ₹ 499.54 Lakh, ₹ 300.32 Lakh, and ₹ 115.35 Lakh, The Profit after Tax for the Period ended on Nov 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 245.06 Lakh, ₹ 241.91 Lakh, ₹ 170.95 Lakh, and ₹ 60.77 Lakh, respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue  EPS of ₹ 9.14 and post-issue EPS of ₹ 6.22 for FY25. The pre-issue P/E ratio is 15.75x,while the post-issue P/E ratio is 23.17x against the Industry P/E ratio is NAx The company's ROE for FY25 is 34.81% and RoNW is 34.81% The Annualised EPS is ₹ 7.56x and P/E is ₹ 19.06x, These metrics suggest that the IPO is Fully priced.

 
The Grey Market Premium (GMP) of Shayona Engineering showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend  Investors to Avoid to the Shayona Engineering Limited. IPO for Listing gain or Long Term Purposes.