Shining Tools IPO Details
SME
Shining Tools IPO opens for subscription on 07 Nov 2025 and closes on 11 Nov 2025. The IPO will be listed on BSE with the tentative listing date set for 14 Nov 2025.
Shining Tools IPO price band has been fixed at ₹114 – ₹114 per share.The face value is ₹10 per share with a lot size of 1200.
Shining Tools IPO total issue size comprises 15,00,000 shares (aggregating up to ₹17.10 Cr.). This includes a fresh issue of 15,00,000 shares (aggregating up to ₹17.10 Cr.). Pre-issue shareholding stands at 41,58,400, which will increase to 56,58,400 post-issue.
Shining Tools IPO Lot Size : Individual Minimum is 2 lots (2,400 shares) amounting to ₹273,600. Individual Maximum is 2 lots (2,400 shares) amounting to ₹273,600. HNI Minimum is 3 lots (3,600 shares) amounting to ₹410,400.
The Lead Managers for Shining Tools IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Sobhagya Capital Options Pvt.Ltd.. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Aftertrade Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Shining Tools Limited RHP.
Shining Tools IPO Details
Shining Tools IPO Subscription
Shining Tools IPO Application Wise Breakup
Shining Tools IPO Dates
- 07 Nov 2025Opening dateOPD
- 11 Nov 2025Closing dateCOD
- 12 Nov 2025Allotment Date BOA
- 13 Nov 2025Initiation of RefundsIOR
- 13 Nov 2025Credit of SharesCOS
- 14 Nov 2025Listing dateLID
Shining Tools IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2400 | ₹273,600 |
| Individual Maximum | 2 | 2400 | ₹273,600 |
| HNI Minimum | 3 | 3600 | ₹410,400 |
Shining Tools IPO Reservation
Promoter Holding
Documents
Shining Tools IPO Valuations
Shining Tools Financial Information
| Period Ended | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 22.51 | 19.64 | 15.05 | 16.83 |
| Total Income | 5.42 | 14.77 | 10.60 | 10.46 |
| Profit After Tax | 1.47 | 2.93 | 1.58 | -0.08 |
| EBITDA | 2.53 | 6.23 | 4.15 | 1.89 |
| NET Worth | 9.47 | 8.01 | 3.60 | 2.02 |
| Reserves and Surplus | 5.53 | 4.06 | 1.60 | 0.02 |
| Total Borrowing | 8.87 | 8.18 | 7.54 | 9.45 |
| Amount in ₹ Crore | ||||
About Shining Tools 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.
Strength Of Shining Tools IPO
- Efficiency through Machine-Based Manufacturing Tools.
- Tailored Solutions to customers by Offering Customized Tools.
- Wide and diverse range of product offerings.
- Experienced management and technical expertise of employees.
- Strategic Location.
- Quality Assurance.
- Good relationship with clients.
- Good relationship with our raw material suppliers and other vendors.
Risk Of Shining Tools IPO
- Our manufacturing facility and our registered office is situated at Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway, Pipaliya, Gondal, Rajkot-360311, Gujarat, India resulting in concentration in a single region. Any interruption for a significant period of time, in these facilities may in turn adversely affect our business, financial condition and results of operations.
- We have only one Manufacturing Facility, continued operations of our manufacturing facility is critical to our business and any disruption in the operation of our manufacturing facility may have a material adverse effect on our business, results of operations and financial condition.
- Our historical revenues have been largely dependent on few customers and our inability to maintain such business may have an adverse effect on our results of operations.
- Our results of operations and cash flows could be adversely affected, if we are unable to collect our dues and receivables from, or invoice our unbilled services to, our clients.
- Majority portion of our domestic sales are derived from the western zone and any adverse developments in this market could adversely affect our business.
- Statutory records, including filings with the Registrar of Companies, are presently untraceable, particularly with respect to documentation evidencing one instance of historical share allotment.
- Our Company may incur penalties or liabilities for non-compliance with certain provisions of the GST Act, Income Tax, and other applicable laws in previous years.
- Volatility in the supply and pricing of our raw materials, or failure by suppliers to meet their obligations, may have an adverse effect on our business, cash flows, financial condition, and results of operations.
- The Restated Financial Statements have been provided by Peer Reviewed Auditor who is not Statutory Auditor of our Company for the Financial Year ended March 31st 2023 and March 31st 2022.
- There are certain discrepancies/errors noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013 during the last five years. Any penalty or action taken by any regulatory authorizes in future for noncompliance with provisions of corporate and other law could impact the financial position of the Company to that extent.
Objectives Shining Tools IPO
1. Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises
2. Funding of working capital requirements
3. General corporate purposes
Company Contact Details
Shining Tools Ltd.
Survey no. 63/2, Plot No. 2,
Rajkot, Gondal Highway
paliya, ,
Gondal, Gujarat, 360311
Phone: +91 9687693344
Email: cs@tixnatools.com
Website: https://www.tixnatools.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports