MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0025688
Revenue · FY 2026
₹40.31 Cr
▲ 74% YoY
Net profit · FY 2026
₹4.04 Cr
Net margin 10%
EBITDA · FY 2026
₹7.53 Cr
EBITDA margin 18.7%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹3.89 Cr
Issued & subscribed
Open charges
₹25.19 Cr
Satisfied ₹30.88 Cr
Company age
9 yrs
Est. 2017
Directors on board
6
As per MCA filings
About Shayona Engineering Limited
Data last updated:
Shayona Engineering Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29309GJ2017PLC095794. Its GSTIN is 24AAYCS1309M1ZV (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 544686.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.89 Cr. It is led by directors including Vipul Bhikhabhai Solanki (Managing Director) and Gaurav Ratukumar Parekh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹40.31 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹4.04 Cr (net margin 10%) and EBITDA of ₹7.53 Cr (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 68% over five years.
As per MCA filings, the company has open charges of ₹25.19 Cr and satisfied charges of ₹30.88 Cr on record. The company has 14 deals on record (8 market trades, 3 rights issues, 2 secondary share transfers); the latest was in September 2026. Its 10 peer companies in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 5 larger and 5 smaller; the largest is Intime Fire Appliances Private Limited with revenue of ₹23.2 Cr.
Shayona Engineering Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0025688). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shayonaengg.com.
Company details
CIN L29309GJ2017PLC095794
Registration Number 095794
Incorporation Date 14 February 2017
ROC Ahmedabad
Listing Status Listed - Listed on BSE (544686)
Company Status Active
Date of Last AGM 25 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0025688
CIN history
Shayona Engineering has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L29309GJ2017PLC095794, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29309GJ2017PLC095794 | Current |
| U29309GJ2017PLC095794 | Previous |
| U29309GJ2017PTC095794 | Previous |
Key People
Vipul Bhikhabhai Solanki Managing Director Gaurav Ratukumar Parekh Whole-Time Director Kinnariben Vipulbhai Solanki Whole-Time Director Recognitions & Rankings of Shayona Engineering
Contact details
Shayona Engineering Limited's registered office is in Vadodara, Gujarat.
- Registered AddressShed No 113/1 GIDC, Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
Comprehensive company report
Shayona Engineering Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Shayona Engineering is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shayona Engineering Limited, buy the company report.
Financials of Shayona Engineering Limited
FY 2026 filings availableShayona Engineering Limited reported revenue of ₹40.31 Cr (up 74% YoY) for FY 2026.
Revenue · FY 2026
₹40.31 Cr ▲ 74%
Net profit · FY 2026
₹4.04 Cr margin 10%
EBITDA · FY 2026
₹7.53 Cr margin 18.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 47%
5 years · compounded
▲ 68%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 87%
5 years · compounded
▲ 92%
Revenue has grown at a compounded annual rate (CAGR) of 68% over five years, including 74% growth in the latest year. EBITDA rose 47% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹40.31 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.04 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shayona Engineering Limited, buy the company report.
Board of directors of Shayona Engineering Limited
Shayona Engineering has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Bhikhabhai Solanki Also directs: Shayona Glue Guard Private Limited | Managing Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Gaurav Ratukumar Parekh | Whole-Time Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Miteshkumar Ghanshyambhai Rana Also directs: Areen Energy Solutions LLP, Constellation Globalsetu LLP, I Secure Credit & Capital Services Limited and 2 more | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Arpita Tejaskumar Shah | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Sagar Natvarlal Tailor Also directs: Viviana Power Tech Limited | Director | 01 Aug 2024 | 2 Years 3 Months | Current |
| Kinnariben Vipulbhai Solanki | Whole-Time Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Shayona Engineering Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shayona Engineering Limitedthis company | ₹40.31 Cr (FY 2026) | ₹4.04 Cr | 10% | 74.0% | Vadodara, Gujarat, India | |
| Intime Fire Appliances Private Limited | ₹23.2 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Tajpuriya Techno Plast Private Limited | ₹23.2 Cr (FY 2024) | 162.0% | Nashik, Maharashtra, India | |||
| Omtex Sports International Private Limited | ₹23.19 Cr (FY 2024) | 15.0% | Vasai East, Maharashtra, India | |||
| Siliguri Poly Products Private Limited | ₹23.18 Cr (FY 2024) | 63.0% | Siliguri, West Bengal, India | |||
| Silver Creations Private Limited | ₹23.18 Cr (FY 2025) | 71.0% | Jaipur, Rajasthan, India | |||
| Pca Signages India Private Limited | ₹23.16 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Nirmala Polyropes India Private Limited | ₹23.16 Cr (FY 2025) | -1.0% | Coimbatore, Tamil Nadu, India | |||
| Defence Land Systems India Limited | ₹23.15 Cr (FY 2016) | 31.0% | Mumbai, Maharashtra, India | |||
| Chokshi Ambalal Govindlal Jewelers Private Limited | ₹23.15 Cr (FY 2018) | -72.0% | Ahmedabad, Gujarat, India | |||
| R V Diamond Jewellers Private Limited | ₹23.11 Cr (FY 2024) | -25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shayona Engineering Limited, buy the company report.
Charges & borrowings
Open charges
₹25.19 Cr
Satisfied charges
₹30.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2026 | 101337356 | Hdfc Bank Limited | ₹80.12 Lakh | Open | |
| 27 Feb 2026 | 101255430 | Bank of India | ₹23.98 Cr | Open | |
| 17 May 2025 | 101094428 | Hdfc Bank Limited | ₹23.04 Lakh | Open | |
| 14 Oct 2024 | 100986604 | Hdfc Bank Limited | ₹17.85 Lakh | Open | |
| 05 Jun 2025 | 101103550 | Others | ₹2.41 Cr | Satisfied |
To see the full charge records of Shayona Engineering Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Shayona Engineering Limited has 14 deals on record (8 market trades, 3 rights issues, 2 secondary share transfers); the latest was in September 2026.
Total deals
14
Market trades
8
Rights issues
3
Secondary share transfers
2
IPO
1
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹43.1 Lakh | Buyer: an individual Seller: an individual |
| Jun 2026 | Market trade | ₹28 Lakh | Buyer: an individual |
| Mar 2026 | Market trade | ₹78.5 Lakh | Buyer: Arthawave Wealth Management Private Limited Seller: Arthawave Wealth Management Private Limited , an individual |
| Feb 2026 | Market trade | ₹34.5 Lakh | Seller: Craft Emerging Market Fund Pcc- Citadel Capital Fund |
| Jan 2026 | Market trade | ₹6.29 Cr | Buyer: Craft Emerging Market Fund Pcc- Citadel Capital Fund, Kingsman Wealth Management Private Limited , Horizon Financial Consultants Private Limited , an individual |
To see the full deal history of Shayona Engineering Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shayona Engineering Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shayona Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shayona Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS1309M1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shayona Engineering Limited, buy the company report.
Recent activity
Shayona Engineering Limited has 10 board changes on record since 2017: 6 appointments and 4 cessations. The latest: Gaurav Ratukumar Parekh ceased to be Director on 20 Sep 2024.
AGM
Shayona Engineering Limited last Annual general meeting of members was held on 25 Sep 2026 as per latest MCA records.
Charges
A charge with Bank Of India of Rs. 23.98 Cr registered on 27 Feb 2026 with Charge ID 101255430 was modified on 09 Sep 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 101337356 was registered on 18 Jul 2026.
Filing
Shayona Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge registered on 05 Jun 2025 via Charge ID 101103550 with Others was fully satisfied on 25 Mar 2026.
Charges
A charge registered on 05 Oct 2024 via Charge ID 100986691 with Hdfc Bank Limited was fully satisfied on 25 Mar 2026.
Charges
A charge with Bank Of India amounted to Rs. 23.98 Cr with Charge ID 101255430 was registered on 27 Feb 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 18.00 Cr registered on 05 Oct 2024 with Charge ID 100986691 was modified on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 2.41 Cr with Charge ID 101103550 was registered on 05 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101094428 was registered on 17 May 2025.
Charges
A charge registered on 01 Jul 2023 via Charge ID 100740618 with Yes Bank Limited was fully satisfied on 04 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100986604 was registered on 14 Oct 2024.
25 earlier events are in the company report.
Frequently asked questions
Shayona Engineering is an active public limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 February 2017 (9+ years old) and is registered under CIN L29309GJ2017PLC095794. Listed on BSE: 544686.
Shayona Engineering has 6 current directors:
- Vipul Bhikhabhai Solanki - Managing Director
- Gaurav Ratukumar Parekh - Whole-Time Director
- Kinnariben Vipulbhai Solanki - Whole-Time Director
- Miteshkumar Ghanshyambhai Rana - Director
- Arpita Tejaskumar Shah - Director
- Sagar Natvarlal Tailor - Director
The latest financial statements of Shayona Engineering on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2026. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Shayona Engineering is 24AAYCS1309M1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Shayona Engineering is L29309GJ2017PLC095794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shayona Engineering is a listed company as per MCA records. Its shares are listed on BSE (code: 544686).
Shayona Engineering was incorporated on 14 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shayona Engineering has 14 deals on record (8 market trades, 3 rights issues, 2 secondary share transfers); the latest was in September 2026.
The peers of Shayona Engineering by revenue are Intime Fire Appliances Private Limited, Tajpuriya Techno Plast Private Limited, Omtex Sports International Private Limited, Siliguri Poly Products Private Limited, Silver Creations Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Gaurav Ratukumar Parekh ceased to be Director on 20 Sep 2024. Kinnariben Vipulbhai Solanki ceased to be Director on 20 Sep 2024. Vipul Bhikhabhai Solanki ceased to be Director on 20 Sep 2024. Shayona Engineering has 10 board changes on record in total.
Yes, Shayona Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0025688).
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