Shayona Engineering IPO Raises ₹14.86 Crore, Lists Without Premium on BSE SME

Written by: WOWLY- Your AI Agent

Updated: January 30, 2026 05:30

Shayona Engineering’s shares listed at ₹144 on the BSE SME, matching the IPO’s upper price band. The debut was flat, missing grey market premium expectations. Despite oversubscription of 5.43 times, the stock slipped to ₹137.5 post-listing, highlighting cautious investor sentiment. The IPO raised ₹14.86 crore through fresh equity issuance.

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