Shining Tools Limited IPO
BSE SME₹ 273600 /2400 Shares
*Min Investment
07 Nov, 2025
Open Date11 Nov, 2025
Close Date12 Nov, 2025
Allotment Date14 Nov, 2025
Listing DateShining Tools IPO Issue Details
- Issue Price ₹114 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 15,00,000 shares(aggregating up to ₹17.1 crore)
- Fresh Share 15,00,000 shares(aggregating up to ₹17.1 crore)
- Listing at BSE SME
- Lead Manager Sobhagya Capital Options Pvt Ltd
- Registrar Maashitla Securities Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2400 | ₹2,73,600 |
| Individual(max) | 2 | 2400 | ₹2,73,600 |
| SHNI(min) | 3 | 3600 | ₹4,10,400 |
Shining Tools IPO Reservation
Shining Tools IPO offers total 15,00,000 shares. Out of which NA (NA%) allocated to QIB, 7,12,200 (47.48%) allocated to NII,7,12,200 (37.48%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 75,600 (5.04%) | |
| NII (HNI) Shares Offered | 7,12,200 (47.48%) | |
| Individual Shares Offered | 7,12,200 (37.48%) | |
| Total Shares Offered | 15,00,000 (100%) |
Shining Tools IPO Documents
Shining Tools IPO Details
Shining Tools Limited IPO is an SME IPO, priced at ₹114 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 15,00,000 equity shares, aggregating up to ₹17.1 crores..
The IPO bidding window is open from Nov 7, 2025 to Nov 11, 2025. The allotment is expected to be finalized on Nov 12, 2025, and the tentative listing date is Nov 14, 2025.
The minimum lot size for Individual investors is 2400 shares, with a minimum investment of ₹2,73,600.
Sobhagya Capital Options Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt Ltd, and
Shining Tools Valuations
Shining Tools Company Financials
| 31-Jul-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 225.15 | 196.44 | 15.05 | 16.83 |
| Revenue | 54.16 | 147.69 | 10.60 | 10.46 |
| Profit After Tax | 14.67 | 29.30 | 1.58 | -0.08 |
| Net Worth | 94.73 | 80.06 | 3.60 | 2.02 |
| Reserves & Surplus | 55.30 | 3.83 | 1.60 | 0.02 |
| Total Borrowing | 88.68 | 81.83 | 7.54 | 9.45 |
About Shining Tools Company
Incorporated in May 2013, Shining Tools Limited designs and manufactures high-performance solid carbide cutting tools for various industries in India.
The company also reconditions secondhand tools, improving their performance and usability.The company designs and manufactures a wide variety of high-performance solid carbide cutting tools such as end mills, drills, reamers, and thread mills under the brand name 'Tixna'.
They create custom tooling and provide reconditioning services for automotive, engineering, aerospace, and defense industries.The company produces high-performance cutting tools such as end mills, thread mills, drills, and reamers with innovative solutions. These tools are applied in commercial metal cutting across different industries.
The company is ISO 9001:2015 accredited in Quality Management for solid carbide cutting tools.The industries it caters to include Agriculture, Automobiles, Engineering, Medical, Casting, Defence, Aerospace, and Power.
The firm's manufacturing unit is located in Rajkot, Gujarat.As of June 2025, the company has 26 employees on its payroll.
Shining Tools - Promoter(s)
Mr. Vipulbhai Laljibhai Ghonia
Mr. Kamalbhai Laljibhai Ghonia
Pre Issue Share Holding : 96.18%
Post Issue Share Holding : 70.68%
Shining Tools IPO - Issue Objectives
Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises
Funding of working capital requirements
General corporate purposes
Contact Details
Shining Tools
Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway, Paliya, Gondal, Gujarat - 360311
+91 9687693344
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Shining Tools IPO - FAQs
Ans. Shining Tools Limited IPO is a SME IPO. The issue is priced at ₹114 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Nov 7, 2025, and closes on Nov 11, 2025. Maashitla Securities Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shining Tools Limited IPO opens on Nov 7, 2025 and closes on Nov 11, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shining Tools Limited IPO is 15,00,000 shares(aggregating up to ₹17.10 Cr).
Ans. The Shining Tools Limited IPO price band is set between ₹114 per equity share.
Ans. To apply for Shining Tools Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shining Tools Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shining Tools Limited IPO is Nov 12, 2025.
Ans. The Shining Tools Limited IPO will be listed on Nov 14, 2025.
Ans. Follow the steps to check the Shining Tools Limited IPO allotment status online.
