
Shayona Engineering IPO Subscription Live:
⚡ LIVE IPO UPDATE (25 January 2026)
• Shayona Engineering IPO is witnessing selective subscription momentum with stronger demand from NII/HNI investors.
• Retail participation remains moderate due to high minimum investment requirements.
• QIB participation is muted, which is common in SME IPOs.
• Subscription usually peaks on the final day in SME issues.
Market Insight: If total subscription crosses 3x–6x by closing day, listing sentiment may improve. Otherwise, listing gains are likely to remain limited or flat.
The Shayona Engineering IPO is a BSE SME issue aiming to raise approximately ₹14.86 crore. Subscription demand from Retail and NII investors remains the key indicator for listing-day performance.
📌 Shayona Engineering IPO Snapshot
| Parameter | Details |
|---|---|
| Issue Size | ₹14.86 Crore |
| Issue Type | 100% Fresh Issue |
| Total Shares Offered | 10,32,000 Shares |
| Price Band | ₹140 – ₹144 per share |
| Lot Size | 1,000 Shares |
| Minimum Investment | ₹2,88,000 (2 Lots) |
| IPO Open Date | 22 January 2026 |
| IPO Close Date | 27 January 2026 |
| Listing Date (Expected) | 30 January 2026 |
| Exchange | BSE SME |
| Post-IPO Market Cap | ₹95–105 Crore (Estimated) |
📊 Shayona Engineering IPO Subscription Live Dashboard
| Category | Day 1 | Day 2 | Day 3 (Final) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.00x | Updating | Updating |
| Non-Institutional Investors (NII/HNI) | 1.24x | Updating | Updating |
| Retail Individual Investors (RII) | 0.31x | Updating | Updating |
| Total Subscription | 0.59x | Updating | Updating |
📊 Day-Wise Subscription Trend
| Bidding Day | Total Subscription | Market Sentiment |
|---|---|---|
| Day 1 (22 Jan) | 0.59x | NEUTRAL |
| Day 2 (23 Jan) | Updating | — |
| Day 3 (27 Jan) | Updating | — |
📊 Allotment Probability Estimator
| Retail Subscription Level | Allotment Probability | Expected Result |
|---|---|---|
| Below 1x | 100% | Guaranteed Allotment |
| 1x to 5x | High | Likely Allotment |
| 5x to 20x | Moderate | Lottery System |
| 20x+ | Low | Lucky Draw Basis |
📊 Subscription Insight & Listing Probability
| Metric | Status |
|---|---|
| Retail Sentiment | Moderate ⚖️ |
| NII/HNI Interest | Strong ✅ |
| QIB Participation | Weak ⚠️ |
| Overall Market Mood | Cautious ⚠️ |
| Listing Gain Probability | 10%–30% |
📊 Listing Scenario Model (Based on Subscription)
| Scenario | Expected Listing Price |
|---|---|
| Bear Case | ₹135 – ₹142 |
| Base Case | ₹143 – ₹150 |
| Bull Case | ₹151 – ₹165 |
🔗 Complete Your Research
Before applying, check the latest GMP trend and detailed fundamental analysis.
🔹 FAQ: Subscription & Bidding
Q: Is the Shayona IPO oversubscribed?
A: Currently, the IPO is not fully subscribed. Oversubscription will be confirmed once demand crosses 1.00x.
Q: How does high retail subscription affect allotment?
A: In SME IPOs, oversubscription leads to a lottery system where each applicant has equal chances.


