IPO Ideas logoIPO Ideas
Explore IPOSubscriptionGMPAbout UsBlogs
Explore IPOSubscriptionGMPAbout UsBlogs
Unlisted IdeasIPO Ideas
IPO Ideas is 100% Safe and Secure!

Your Trust, Our Priority – Empowering You with Confidence

Welcome to IPO Ideas — your trusted gateway to IPO bidding and smart investing. We're a passionate team dedicated to making equity investing simpler, faster, and more secure for everyone.

Our mission is to empower retail investors with a user-friendly platform that brings clarity, convenience, and control to the IPO process. From secure bidding to live GMP tracking and allotment updates — everything you need is just a few clicks away.

PRODUCTS

  • Unlisted Ideas

COMPANY

  • About Us
  • Blog
  • Privacy Policy
  • Terms & Conditions
  • Legal & Regulatory

QUICK LINKS

  • Customer Service
  • Fraud Awareness
  • Sitemap

FOLLOW US

Advertiser Disclosure

We offer two types of advertising on our website: display advertisements related to brokers and IPOs, and affiliate links that redirect users to a stock broker’s website.

We have partnerships with brokers, and when you become a client of a broker through our affiliate links, we may receive an affiliate commission. We do not work with individual clients after you click on affiliate links.

We do not provide tips, recommendations, or buy/sell calls. All information published on this website is for educational and knowledge sharing purposes only. Our broker reviews are completely unbiased, and the final choice remains yours.

We provide up-to-date information on IPOs, buybacks, NCDs, SGBs, and rights issues. GMP data is displayed strictly for informational and news purposes only. We do not work with or trade through GMP operators.

© Copyright 2026 | All Rights Reserved | IPO Ideas

shining tools limited
SMEBSECLOSED

shining tools limited IPO

SHTLISIN: INE0D8001018
Listed at
104
8.77%

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.

Price Band
₹114
Issue Size
17.10 Cr
Lot Size
1200Min 2 Lots
P/E Ratio
0x
Min Investment
₹2.74 L

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.

Investment Objective

Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises

Funding of working capital requirements

General corporate purposes

Important Dates

Issue Opens
7 Nov 2025
Issue Closes
11 Nov 2025
Allotment
12 Nov 2025
Listing
14 Nov 2025

Financial Performance

Loading chart...

IPO Lot Size

CategoryLotsSharesAmount
S-HNI (Min)22,400₹2,73,600
S-HNI (UPI)33,600₹4,10,400
S-HNI (Max)78,400₹9,57,600
B-HNI (Min)89,600₹10,94,400
DHRP Document

Issue Details

Issue Type
FP
Face Value
₹10
Lead Managers
Sobhagya Capital Options Pvt.Ltd.
Min Quantity
2,400
Company Promoters
Mr. Vipulbhai Laljibhai GhoniaMr. Kamalbhai Laljibhai Ghonia.
Website
https://www.tixnatools.com/
Email
cs@tixnatools.com
Phone
+91 9687693344
Address
Shining Tools Ltd.
Survey no. 63/2, Plot No. 2,
Rajkot, Gondal Highway
paliya, ,
Gondal, Gujarat, 360311

Registrar

Registrar Name
Maashitla Securities Private Limited
Email
investor.ipo@maashitla.com
Phone
4512179596
Address
451, Krishna Apra Business Square
Netaji Subhash Place
Pitampura, Delhi, 110034
Website
https://maashitla.com/allotment-status/public-issues

Shining tools limited IPO is a public issue in which the company offers its equity shares to investors through the stock exchange. The IPO allows retail investors, HNIs, and institutional investors to participate.

The IPO price band of Shining tools limited IPO is ₹114 per share, as mentioned in the issue details.

The minimum investment in Shining tools limited IPO is ₹273600, based on the minimum lot size applicable for retail investors.

The lot size of Shining tools limited IPO is 1200 shares per lot, and applications must be made in multiples of this lot size.

Shining tools limited IPO opens on 7 Nov 2025 and closes on 11 Nov 2025, as per the announced IPO schedule.

The Shining tools limited IPO subscription status shows how many times the issue has been subscribed across retail, HNI, and institutional categories during the IPO period.

The Shining tools limited IPO GMP (Grey Market Premium) today is around ₹undefined, reflecting current grey market activity before listing.

Shining tools limited IPO GMP is currently negative, indicating prevailing sentiment in the grey market. GMP may change daily based on demand.

A positive Shining tools limited IPO GMP may suggest potential listing interest, while actual listing performance depends on subscription levels and overall market conditions.

From a retail investor perspective, Shining tools limited IPO is evaluated based on pricing, lot size, subscription trends, and market sentiment. Investors should assess these factors before applying.

The Shining tools limited IPO listing date is expected to be 14 Nov 2025, subject to completion of allotment and exchange procedures.

The expected listing price of Shining tools limited shares depends on demand, subscription response, GMP trends, and overall market sentiment at the time of listing.

Shining tools limited IPO allotment status can be checked online once the allotment process is completed using PAN, application number, or DP ID details.

Shining tools limited IPO is categorized as a SME IPO based on the exchange and issue structure.

Yes, Shining tools limited IPO subscription figures and GMP may change during the issue period and before listing due to market activity and investor demand.