Shining Tools IPO
Shining Tools IPO will open on 07 Nov '25 and close on 11 Nov '25, with the IPO allotment date scheduled for 12 Nov '25. The shares are scheduled to list on BSE with a tentative listing date fixed for 14 Nov '25. The price band is set at ₹114 to ₹114 per share with a minimum lot size of 1,200 shares.
Free Demat with Zero AMC*
Shining Tools IPO Subscription Breakdown
| 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 |
About Shining Tools Ltd 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 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.
Shining Tools IPO Strengths & Weaknesses
No Data Found
Shining Tools IPO Issue Details
| 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 |
Shining Tools IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Shining Tools ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Shining Tools IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Shining Tools Lead Manager(s)
| Book Running Lead Manager(s) |
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