Shining Tools IPO
Shining Tools is a BSE SME IPO listed on the BSE SME platform, priced at ₹114 per share. The stock debuted at ₹104. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,73,600.
Shining Tools Limited IPO
- IPO Dates
- Nov 7, 2025 – Nov 11, 2025
- Price band
- ₹114 per equity share
- Minimum Investment
- ₹2,73,600
- Issue size
- ₹17.1 Cr
- Lot size
- 1200
- Allotment Date
- Nov 12, 2025
- Listing
- Nov 14, 2025
- Listing At
- BSE SME
IPO timeline
-
Nov 7, 2025
Open Date
Completed
-
Nov 11, 2025
Close Date
Completed
-
Nov 12, 2025
Allotment Date
Completed
-
Nov 14, 2025
Listing Date
Completed
Shining Tools IPO Subscription Details
View Subscription DetailsShining Tools IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Shining Tools IPO Essentials
Shining Tools IPO Details
Shining Tools IPO is priced at ₹114 per share with a total issue size of 17.1 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹114 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 15,00,000 shares(aggregating up to ₹17.10 Cr)
- Total issue size
- 15,00,000 shares
(aggregating up to ₹17.1 crore) - Fresh issue
- 15,00,000 shares
(aggregating up to ₹17.1 crore) - Listing at
- BSE SME
- List price
- 104.0
- Listing date
- Registrar
- Maashitla Securities Pvt Ltd
- Lead manager
-
Sobhagya Capital Options 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 Documents
Shining Tools IPO Reservation
Shining Tools IPO reservation details show category-wise allocation of shares. Out of the total 15,00,000 shares, approximately 47.48% for NII, 37.48% for retail investors, and 5.04% for market maker.
| 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%) | 297 |
| Total Shares Offered | 15,00,000 (100%) |
Shining Tools IPO Analytics
Shining Tools IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shining Tools IPO Subscription Status
Shining Tools IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 1.2x, indicating moderate demand across investor categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,12,600 | 7,12,600 | 14,25,200 |
|
Day 1
07-11-25 06:00 PM
|
(0.36) x | 0.63 x | 0.49 x |
|
Day 2
10-11-25 06:00 PM
|
(0.31) x | 1.22 x | 0.76 x |
|
Day 3
11-11-25 06:00 PM
|
(0.53) x | 1.87 x | 1.20 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 611 (Approx) | 0x | 0x | 1.87x |
Shining Tools Valuations
Earnings
- EPS Pre IPO
- ₹7.05/-
- EPS Post IPO
- ₹7.78/-
- P/E Pre IPO
- 16.18
- P/E Post IPO
- 14.66
Returns
- ROE
- 49.59%
- ROCE
- 29.61%
- RoNW
- 36.60%
- PAT Margin
- 27.19%
Fundamentals
- Price / Book
- 5.82
- Market Cap
- 64.51 Cr.
Shining Tools Financials( In Crs.)
| 31-Jul-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 22.51 | 19.64 | 15.05 | 16.83 |
| Revenue | 5.42 | 14.77 | 10.60 | 10.46 |
| Profit After Tax | 1.47 | 2.93 | 1.58 | -0.08 |
| Net Worth | 9.47 | 8.01 | 3.60 | 2.02 |
| Reserves & Surplus | 5.53 | 4.06 | 1.60 | 0.02 |
| Total Borrowing | 8.87 | 8.18 | 7.54 | 9.45 |
Shining Tools Company & Offer Insights
About Shining Tools
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 are the company's promoters of Shining Tools.
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 Information
Contact Details
Shining Tools
+91 9687693344
Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway, Paliya, Gondal, Gujarat - 360311
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Shining Tools IPO is a Fixed Priced IPO worth ₹17.1 crore. The issue price is ₹114 per share (fixed price). The IPO opens on Nov 7, 2025 and closes on Nov 11, 2025. It will be listed on BSE SME Platform. Maashitla Securities Pvt Ltd is the registrar.
The issue price of Shining Tools IPO is ₹114 per share (fixed price).
The lot size of Shining Tools IPO is 1200 shares.
The minimum investment for Shining Tools IPO is approximately ₹2,73,600 based on the issue price .
Shining Tools IPO opens on Nov 7, 2025 and closes on Nov 11, 2025.
The allotment date of Shining Tools IPO is Nov 12, 2025.
Shining Tools IPO is expected to be listed on Nov 14, 2025, on BSE SME Platform.
Shining Tools IPO valuation snapshot: P/E 14.66, EPS ₹7.78/-, P/B 5.82, RoNW 36.60%, and market cap 64.51 Cr.
To apply for Shining Tools IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shining Tools IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shining Tools IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shining Tools IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shining Tools IPO allotment status on IPO Ji for quick and easy access.