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  2. /Shining Tools Limited
Shining Tools IPO logo

Shining Tools IPO

SME • BSE

Min. investment

₹2,73,600

IPO DetailsSubscriptionPriceListingAllotmentReviewsNews

Issue Size

₹17.10 Cr

Price

₹114

Lot Size

1200 shares

IPO Dates

7 Nov - 11 Nov

Min. Investment

₹2,73,600

Status

Listed

Issue Size

₹17.10 Cr

Price

₹114

Lot Size

1200 shares

IPO Dates

7 Nov - 11 Nov

Min. Investment

₹2,73,600

Status

Listed

Shining Tools IPO overview

IPO Prospectus

DHRP

IPO Progress

7 Nov

Open

11 Nov

Close

12 Nov

Allotment

14 Nov

Listing

Key Financial Ratios

P/E

0x

IPO Lot Size

Cat.CategoryLotsSharesNo of sharesAmountProfitProfit
Retail (Min)22,400₹2,73,600-₹24,000-8.8%
S-HNI (Min)33,600₹4,10,400-₹36,000-8.8%
S-HNI (UPI)33,600₹4,10,400-₹36,000-8.8%
S-HNI (Max)78,400₹9,57,600-₹84,000-8.8%
B-HNI (Min)89,600₹10,94,400-₹96,000-8.8%

Profit based on the official listing price for each investor category.

Subscription Figure

CategoryOfferedAppliedTimes
NII7,12,6001,89,6000.53
Retail7,12,60013,32,0001.87
Total14,25,20015,28,8001.07

Application-Wise Breakup

HNI (>10L)393110.03
HNI (3-10L)197550.28
Retail2965551.88
Total8866210.70
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Lead Manager(s)

  1. Sobhagya Capital Options Pvt.Ltd.

Company Promotor(s)

  1. Mr. Vipulbhai Laljibhai Ghonia
  2. Mr. Kamalbhai Laljibhai Ghonia.

Registrar Details

Name

Maashitla Securities Private Limited

Phone

4512179596

Email

investor.ipo@maashitla.com

Address

451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Website

https://maashitla.com/allotment-status/public-issues

Company Contact Details

Name

Shining Tools IPO

Phone

+91 9687693344

Email

cs@tixnatools.com

Website

https://www.tixnatools.com/

Address

Shining Tools Ltd. Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway paliya, , Gondal, Gujarat, 360311

About Company

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 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.

Disclaimer

Information on this page is for general awareness only and is not investment advice. Grey market premium (when shown) is unofficial and indicative. Always read the RHP/DRHP and consult a qualified adviser before investing.

Common questions about Shining Tools IPO

What is Shining Tools IPO?

Shining Tools IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Shining Tools IPO?

What is the minimum investment required for Shining Tools IPO?

What is the lot size of Shining Tools IPO?

What are the opening and closing dates of Shining Tools IPO?

What is Shining Tools IPO subscription status?

What is Shining Tools IPO GMP today?

Is Shining Tools IPO GMP positive or negative?

What does Shining Tools IPO GMP indicate for listing?

When is Shining Tools IPO listing date?

Where can I check Shining Tools IPO allotment status?

Can Shining Tools IPO subscription and GMP change before listing?

Financial Performance

Shining Tools IPO

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Shining Tools IPO Ratings & Reviews