Shining Tools Limited – IPO
Shining Tools Limited – IPO Details
| IPO Date | November 7, 2025 to November 11, 2025 |
| Listing Date | November 14, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 114 to ₹ -- / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 15,00,000 shares (Aggregating up to ₹17.10 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share holding pre issue | 41,58,400 shares |
| Share holding post issue | 56,58,400 shares |
| Market Maker portion |
Shining Tools Limited Timeline (Tentative Schedule)
Shining Tools Limited IPO opens on November 7, 2025, and closes on November 11, 2025.
| IPO Open Date | November 7, 2025 |
| IPO Close Date | November 11, 2025 |
| Basis of Allotment | November 12, 2025 |
| Initiation of Refunds | November 13, 2025 |
| Credit of Shares to Demat | November 13, 2025 |
| Listing Date | November 14, 2025 |
| Cut-off time for UPI mandate confirmation | November 11, 2025 |
Shining Tools Limited IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | |
| Retail (Max) | 2 | 2,400 | |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 3,600 |
Shining Tools Limited IPO Promoter Holding
| Share Holding Pre Issue | 96.18% |
| Share Holding Post Issue | 70.68% |
Shining Tools Limited IPO Reservation
Shining Tools IPO offers a total of 15,00,000 shares. Out of which 7,12,200 (47.48%) was allocated to NII, and 7,12,200 (47.48%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 75,600 (5.04%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | 7,12,200 (47.48%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 7,12,200 (47.48%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 15,00,000 (100.00%) |
Shining Tools Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Shining Tools Limited
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 reconditioning 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.
Key Performance Indicator
The market capitalization of Shining Tools IPO is ₹64.51 Cr.
| KPI | Values |
|---|---|
| ROE | 49.59% |
| ROCE | 29.61% |
| Debt/Equity | |
| RoNW | 36.60% |
| P/BV | 5.82 |
| PAT Margin (%) | 27.19% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.05 | 7.78 |
| P/E (x) | 16.18 | 14.66 |
Note:
- The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of July 31, 2025, which is available in RHP.
Objects of the Issue (Shining Tools Limited IPO Objectives)
Shining Tools Limited Contact Details
Shining Tools Ltd. Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway paliya, , Gondal, Gujarat, 360311 Phone: +91 9687693344 Email: [email protected] Website: https://www.tixnatools.com/ |
Shining Tools Limited IPO Registrar
Maashitla Securities Pvt.Ltd. Phone: +91-11-45121795-96 Email: [email protected] Website: https://maashitla.com/allotment-status/public-issues |