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
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 5% | 75,000 crores |
| Non-Institutional Investors (NIIs) | 47% | 7,05,000 crores |
| Retail Individual Investors (RIIs) | 48% | 7,20,000 crores |
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 12 Nov '25 | 14 Nov '25 | 13 Nov '25 |
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 15,00,000 shares (aggregating up to ₹2,73,600 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Shining Tools ipo has been designed to ensure broad participation while maintaining optimal price discovery.
| Book Running Lead Manager(s) |
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