Support and Resistance Levels
Past performance
About Shayona Engineering Ltd Shayona Engineering Limited, initially founded as Shayona Engineering Private Limited on February 14, 2017, underwent a transformation from a private to a public limited company on July 20, 2024. Based in Gujarat, the company specializes in precision engineering, manufacturing, and trading of diverse engineering goods. Its roots date back to 2010 when Vipul Bhikhabhai Solanki established Shayona Engineering as a proprietorship firm focusing on machining and fabrication services. Over time, the firm expanded its capabilities to include industrial automation, die and molds, heavy fabrication, casting, forging, reverse engineering, and turnkey project machinery.
Between 2010 and 2017, Shayona Engineering transitioned from basic lathe and fabrication operations to specialized precision engineering and industrial projects, driven by investments in machinery and skilled manpower. With growing operations and an expanding client base, the firm incorporated as a private limited company in 2017, marking a pivotal shift to better serve its diverse industrial sectors and enhance its structural efficiency.
The company has established itself as an industry leader in machining, dies and moulds, industrial automation, and turnkey project machinery. Its product offering caters to complex and high-demand engineering requirements spanning several sectors, making it a reliable provider of advanced manufacturing solutions. Shayona Engineering’s focus on quality and innovative engineering has solidified its reputation in precision manufacturing across multiple industries.
To fuel further growth, Shayona Engineering Limited is planning an Initial Public Offering (IPO) of up to 10,32,000 equity shares through a fresh offer, aiming to strengthen its financial base and broaden its reach in the engineering goods manufacturing segment. This strategic move reflects its ambition to scale operations and deliver value to its stakeholders in a competitive market.