How to Check Shining Tools IPO Allotment Status

Shining Tools Limited designs and manufactures high-performance solid carbide cutting tools used in various industries, including automotive, aerospace, engineering, and defense. The company also offers reconditioning services for used tools under its “Tixna” brand and operates a manufacturing facility in Rajkot, Gujarat.

The Shining Tools IPO is a fixed price issue of ₹17.10 crore, entirely a fresh issue of 15,00,000 equity shares. The IPO opened on November 7, 2025, and closed on November 11, 2025. The allotment is expected to be finalized on Wednesday, November 12, 2025. The issue price is ₹114 per share.

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Steps to Check Shining Tools IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt. Ltd. 
• Select "Shining Tools" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Shining Tools IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Shining Tools" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Shining Tools IPO Subscription Status

Shining Tools IPO received moderate investor response, being subscribed 1.15 times overall. Here is the category-wise breakdown as of 5:04:33 PM on November 11, 2025:

• Non-Institutional Investors (NII): 0.43 times
• Individual Investors: 1.87 times

Shining Tools IPO Share Price and Investment Details

 The minimum investment required was ₹2,73,600 for 2 lots (2,400 shares). The IPO was subscribed 1.15 times, with retail investors bidding 1.87 times and NII 0.43 times.

Utilisation of IPO Proceeds

• Purchase and installation of plant and machinery for carbide precision tools at existing premises – ₹9.07 crore
• Funding working capital requirements – ₹3.85 crore
• General corporate purposes – ₹2.48 crore

Business Overview

 Shining Tools Limited manufactures solid carbide cutting tools including end mills, drills, reamers, and thread mills. It caters to industries like agriculture, automobiles, aerospace, and defense. The company provides customized tooling solutions and reconditioning services to enhance performance and lifespan of tools.
The company reported a revenue increase of 39% and profit after tax rise of 86% between FY24 and FY25. It achieved an ROE of 49.59% and PAT margin of 27.19% in FY25.