Shining tools limited IPO Overview
Shining tools limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹17.10 Cr. The IPO price band is set at ₹114 per share, and retail investors can apply with a minimum investment of ₹2.74 L as per IPO guidelines.
The Shining tools limited IPO opens on 7 Nov 2025 and closes on 11 Nov 2025. The IPO allotment is expected to be finalized on 12 Nov 2025, and the equity shares are proposed to be listed on BSE on 14 Nov 2025.
Investors can refer to the Shining tools limited IPO RHP-DRHP for detailed information. The issue is managed by Sobhagya Capital Options Pvt.Ltd. as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About shining tools limited
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 services for automotive, engineering, aerospace, and defense industries.
The company manufactures high-performance cutting tools, including end mills, thread mills, drills, and reamers, providing innovative solutions. These tools are used in commercial metal cutting across various industries.
The company is ISO 9001:2015 accredited in Quality Management for solid carbide cutting tools.
The company serves various industries, including Agriculture, Automobiles, Engineering, Medical, Casting, Defence, Aerospace, and Power.
The company's manufacturing unit is situated in Rajkot, Gujarat.
As of June 2025, the company has 26 employees on its payroll.
Competitive Strength
Efficiency through Machine-Based Manufacturing Tools.
Tailored Solutions to customers by Offering Customised Tools.
Wide and diverse range of product offerings.
Experienced management and technical expertise of employees.
Investment Objective
Funding of working capital requirements
General corporate purposes