Shining Tools IPO
Shining Tools IPO
Overview
Shining Tools IPO is a fixed price issue of ₹17.10 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹17.10 crore. Shining Tools IPO opens for subscription on Nov 7, 2025 and closes on Nov 11, 2025. The allotment for the Shining Tools IPO is expected to be finalized on Nov 12, 2025. Shining Tools IPO will list on BSE SME with a tentative listing date fixed as Nov 14, 2025. Shining Tools IPO price is ₹114.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,73,600.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹4,10,400. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aftertrade Broking Pvt.Ltd..
Total Shares
15,00,000
Issue Size
₹17.10 Cr
Price Band
₹114 – ₹114
Lot Size
1200 shares
Min. Investment
₹2,73,600
Max. Investment
₹2,73,600
Open Date
07 Nov, 2025
Close Date
11 Nov, 2025
Allotment
12 Nov, 2025
Listing
14 Nov, 2025
Max. Investment
₹2,73,600
Announced
07 Nov, 2025
Opening Date
07 Nov, 2025
Closing Date
11 Nov, 2025
Basis of Allotment
12 Nov, 2025
Initiation of Refunds
13 Nov, 2025
Credit of Shares
13 Nov, 2025
Listing Date
14 Nov, 2025
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About Shining Tools IPO
Incorporated in May 2013, Shining Tools Limited designs and manufactures high-performance solid carbide cutting tools for various industries in India.
The company offers reconditioning services for used tools, enhancing usability and performance.
The company designs and manufactures high-performance solid carbide cutting tools, such as end mills, drills, reamers, and thread mills under the \Tixna\ brand.
They create customized tools and offer re-conditioning
Shining Tools IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.1% increase in shares
Shining Tools IPO Promoters Holding
Shining Tools IPO Financial Health
Shining Tools Ltd.'s revenue increased by 39% and profit after tax (PAT) rose by 86% between the financial year ending with March 31, 2025 and March 31, 2024.
Shining Tools IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,73,600 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,73,600 |
| HNI (Min) | 3 | 3600 | ₹4,10,400 |
(All values in CR)
Shining Tools IPO Valuations
The market capitalization of Shining Tools IPO is ₹64.51 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 49.59 |
| ROCE | 29.61 |
| RoNW | 36.60 |
| PAT Margin | 27.19 |
| EBITDA Margin | 46.86 |
| Price to Book Value | 5.82 |
| Market Capitalization | 64.51 |
(All values in CR)
Shining Tools IPO Strength & Risk
Shining Tools IPO Strength:
- Expertise in designing and manufacturing high-performance solid carbide cutting tools.
- Provides customized tooling solutions catering to specific industrial needs.
- Offers a diverse range of products serving sectors like automotive, aerospace, and engineering.
- Experienced management and technical team with strong industry knowledge.
- Manufacturing unit strategically located near major industrial zones, ensuring supply efficiency.
- Growing customer base with consistent repeat orders from key clients.
- Focus on innovation and technology-driven production processes.
- Demonstrated improvement in operational efficiency and financial performance.
Shining Tools IPO Risk:
- Dependence on a single manufacturing facility, leading to operational concentration risk.
- High reliance on a few key customers, posing revenue dependency concerns.
- Exposure to cyclical industries that may face fluctuations in demand.
- Volatility in raw material prices can affect profitability.
- Dependence on third-party suppliers for critical inputs.
- Competition from established domestic and international tool manufacturers.
- Economic slowdowns could impact demand from industrial clients.
Shining Tools IPO Subscriptions Status
Shining Tools IPO subscribed 1.15 times. The public issue subscribed 1.87 times in the individual investors category, [.] times in QIB (Ex Anchor), and 0.43 times in the NII category by November 11, 2025 5:04:33 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 75,600 | 75,600 | 0.86 |
| Non-Institutional Buyers | 0.43 | 7,12,600 | 3,03,600 | 3.46 |
| Individual Investors (IND category bidding for 2 Lots) | 1.87 | 7,12,600 | 13,32,000 | 15.18 |
| Total | 1.15 | 14,25,200 | 16,35,600 | 18.65 |
Shining Tools IPO GMP
Shining Tools SME IPO last GMP is ₹0, last updated Nov 11th 2025 06:02 PM. With the price band of 114.00, Shining Tools SME IPO's estimated listing price is ₹114 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 11 Nov, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 11 Nov, 2025 | 114 | ₹0▼ | - | ₹114 (0.00%) | - | 11 Nov, 2025 |
| 10 Nov, 2025 | 114 | ₹3▲ | 2700 | ₹117 (2.63%) | 3600 | 10 Nov, 2025 |
| 09 Nov, 2025 | 114 | ₹2 | 1800 | ₹116 (1.75%) | 2400 | 09 Nov, 2025 |
| 08 Nov, 2025 | 114 | ₹2▼ | 1800 | ₹116 (1.75%) | 2400 | 08 Nov, 2025 |
| 07 Nov, 2025 | 114 | ₹7▼ | 6400 | ₹121 (6.14%) | 8400 | 07 Nov, 2025 |
| 06 Nov, 2025 | 114 | ₹15▲ | 13700 | ₹129 (13.16%) | 18000 | 06 Nov, 2025 |
| 05 Nov, 2025 | 114 | ₹0 | - | ₹114 (0.00%) | - | 05 Nov, 2025 |
| 04 Nov, 2025 | 114 | ₹0 | - | ₹114 (0.00%) | - | 04 Nov, 2025 |
| 03 Nov, 2025 | 114 | ₹0 | - | ₹114 (0.00%) | - | 03 Nov, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Shining Tools IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Shining Tools IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.