Shayona Engineering Share Price

Shayona Engineering Limited was originally incorporated as Shayona Engineering Private Limited, dated February 14, 2017. On July 20, 2024, the Company transformed from a private to a public limited company and attained the name Shayona Engineering Limited, obtained from RoC, Gujarat.Prior to its incorporation in 2017, Shayona Engineering operated as a proprietorship firm established in 2010 by Vipul Bhikhabhai Solanki. The firm initially focused on basic machining and fabrication services with a workshop in GIDC Makarpura, Vadodara. Shayona was established in 2010 to become the most reliable and renowned company for machining, dies moulds, industrial automation, heavy fabrication, casting, forging, reverse engineering and turnkey project machinery. At present, Company manufacture precision metal, rubber and plastic parts, assemblies, and fixtures.During the proprietorship phase (20102017), the firm steadily expanded by acquiring new machinery and hiring skilled workers that began with basic 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.In 2016, Company made strategic investments in advanced machinery, including precision lathe machines, CNC systems for automated operations, and VMC machines for complex manufacturing. These upgrades significantly increased project handling capacity and operational efficiency. Since its establishment, the Company has established itself as a leading provider of precision engineering services and manufacturing solutions across diverse industrial sectors. In 2025, Company established a modern manufacturing facility in Menpura, Gujarat, bearing an installed capacity of 250 MT/ month for PVC and HDPE pipes and fittings, targeting the agriculture and infrastructure sectors. The Company raised funds aggregating to Rs 14.86 crores via its initial public offering and issued 10,32,000 Equity Shares of Rs 10 each on January 27, 2026.