Shining Tools IPO
Shining Tools IPO Details
-
Open Date
07 Nov 2025
-
Close Date
11 Nov 2025
-
Listing Date
14 Nov 2025
- IPO Price Range
₹ 114
- IPO Size
₹ 17.10 Cr
- Listing Exchange
BSE SME
Shining Tools IPO Timeline
Shining Tools IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 07-Nov-2025 | - | 0.35 | 0.63 | 0.49 |
| 10-Nov-2025 | - | 0.31 | 1.22 | 0.76 |
| 11-Nov-2025 | - | 0.43 | 1.87 | 1.15 |
Last Updated: 11 November 2025 6:06 PM by 5paisa
Shining Tool Limited, launching a ₹17.10 Cr IPO, based in Rajkot, Gujarat, designs and manufactures high-performance solid carbide cutting tools under the “Tixna” brand. Its range includes end mills, drills, reamers, and thread mills, widely used across industries such as automotive, aerospace, defence, engineering, and medical. The ISO 9001:2015-certified company also provides customised tooling solutions and professional reconditioning services, ensuring enhanced tool performance and longevity for diverse industrial applications.
Established in: 2013
Managing Director: Mr. Vipulbhai Laljibhai Ghonia
Peers:
Birla Precisions Technologies Limited
Shining Tools Objectives
• The company will install new Carbide Precision Tools machinery (₹9.07 crores).
• It will allocate funds for working capital needs (₹3.85 crores).
• Remaining funds will support general corporate purposes (₹2.48 crores).
Shining Tools IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹17.10 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹17.10 Cr |
Shining Tools IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,73,600 |
| Retail (Max) | 2 | 2,400 | ₹2,73,600 |
| S - HNI | 3 | 3,600 | ₹4,10,400 |
Shining Tools Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| Non-Institutional Buyers | 0.43 | 7,12,600 | 3,03,600 | 3.46 |
| Retail Investors | 1.87 | 7,12,600 | 13,32,000 | 15.18 |
| Total** | 1.15 | 14,25,200 | 16,35,600 | 18.65 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY23 | FY22 |
| Revenue | 10.60 | 10.46 | 10.20 |
| EBITDA | 4.15 | 1.89 | 1.85 |
| Profit After Tax | 1.58 | -0.08 | -0.20 |
| Particulars (In ₹ Crores) | FY24 | FY23 | FY22 |
| Share Capital | 2.00 | 2.00 | 2.00 |
| Total Assets | 15.05 | 16.831 | 18.18 |
| Total Borrowings | 3.84 | 5.35 | 5.61 |
| Particulars (In ₹ Crores) | FY24 | FY23 | FY22 |
| Net Cash Generated From / (used in) operating activities | 4.37 | 2.32 | 2.30 |
| Net Cash Generated From / (used in) Investing Activities | -1.40 | -0.09 | -0.40 |
| Net Cash Generated From / (used in) financing activities | -2.83 | -2.14 | -2.83 |
| Net Increase/ Decrease In Cash And Cash Equivalents | 0.14 | 0.08 | 0.07 |
Strengths
• ISO 9001:2015 certified for quality management.
• Strong expertise in carbide cutting tools manufacturing.
• Offers customised tooling and reconditioning services.
• Established presence across multiple industrial sectors.
Weaknesses
• Growing demand for precision tools in India.
• Expansion potential into international industrial markets.
• Rising automation increases need for advanced tooling.
• Technological upgrades can boost production efficiency.
Opportunities
• Growing demand for precision tools in India.
• Expansion potential into international industrial markets.
• Rising automation increases need for advanced tooling.
• Technological upgrades can boost production efficiency.
Threats
• Intense competition from domestic and global brands.
• Fluctuating raw material and carbide prices.
• Rapid technological changes may outdate products.
• Economic slowdowns can reduce manufacturing investments.
• Strong presence in the precision cutting tools segment.
• Proven track record with quality certification and reliability.
• Expansion plans to enhance production and efficiency.
• Growing demand across multiple industrial applications in India.
Shining Tools Limited operates in the high-demand precision tooling sector, catering to industries such as automotive, aerospace, and engineering. With its ISO 9001:2015 certification, strong manufacturing base in Gujarat, and focus on innovation and reconditioning services, the company is well-positioned for sustainable growth. The IPO aims to strengthen its production capacity, improve working capital, and expand its market reach across India and beyond.
- Companies
- Type
- Opening On
-
Wakefit Innovations
- Mainboard
- 08th Dec
- Pre-Book
-
Corona Remedies
- Mainboard
- 08th Dec
- Pre-Book
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Shining Tools IPO opens from November 7, 2025 to November 11, 2025.
The size of Shining Tools IPO is ₹17.10 Cr.
The price band of Shining Tools IPO is fixed at 114 per share.
To apply for Shining Tools IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Shining Tools IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Shining Tools IPO is of 2,400 shares and the investment required is ₹2,73,600.
The share allotment date of Shining Tools IPO is November 12, 2025
The Shining ToolsIPO will likely be listed on November 14, 2025.
Sobhagya Capital Options Pvt.Ltd is the book running lead managers for Shining Tools IPO.
Shining Tools IPO plans to utilise the raised capital from the IPO for:
• The company will install new Carbide Precision Tools machinery (₹9.07 crores).
• It will allocate funds for working capital needs (₹3.85 crores).
• Remaining funds will support general corporate purposes (₹2.48 crores).