Shining Tools Ltd. IPO (Shining Tools IPO) Detail IPO Details
| Detail | Description |
|---|---|
| IPO Date | November 7, 2025 to November 11, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 114 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,00,000 shares (aggregating up to ₹ 17.10 Cr) |
| Reserved for Market Maker | 75,600 shares (aggregating up to ₹ 0.8618 Cr) |
| Net Offered to Public | 14,24,400 shares (aggregating up to ₹ 16.24 Cr) |
| 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 |
About Shining Tools Ltd. IPO (Shining Tools IPO) Detail
The SME IPO of Shining Tools Ltd. opens for subscription on November 7, 2025 and closes on November 11, 2025. The Shining Tools IPO includes an entirely fresh offering of 0.15 crore shares worth ₹17.10 crore. It will be listed at BSE SME and the IPO price is ₹114.00 per share. The minimum lot size investment for High Net Worth Individuals (HNIs) is 3 lots (3,600 shares), amounting to ₹4,10,400 and the minimum amount required by retail investors is ₹2,73,600 (2,400 shares).
Registrar & Managers: Maashitla Securities Pvt. Ltd. is the registrar of the issue, Aftertrade Broking Pvt. Ltd. is the market maker, and Sobhagya Capital Options Pvt. Ltd. is the book running lead manager.
Company Background
Shining Tools Ltd., incorporated in May 2013 and based in Rajkot, Gujarat, designs and manufactures high-performance solid carbide cutting tools used across industries such as engineering, medical, defense, agriculture, automobile, aerospace, and power.
The company produces a wide range of tools including thread mills, end mills, reamers, and drills under the brand name “Tixna.” Their Rajkot facility is equipped with advanced CNC machines and robust quality inspection processes ensuring precision and quality.
Operations & Product Range
Shining Tools Ltd. leverages modern technology and skilled professionals to deliver a diverse range of tooling solutions such as thread mills, chamfer tools, drills, reamers, and drill mills. They also provide coating and reconditioning services to extend the lifecycle and performance of tools.
Management & Shareholding
The promoters of the company are Vipulbhai Laljibhai Ghonia and Kamalbhai Laljibhai Ghonia. Before the IPO, promoter holding was 96.18%, which is expected to reduce to approximately 70.68% post-issue due to dilution.
IPO Objectives
- Purchase and installation of plant and machinery for Carbide Precision Tools (₹9.07 crore)
- Funding of working capital requirements (₹3.85 crore)
- General corporate purposes (₹2.48 crore)
Conclusion
The IPO of Shining Tools Ltd. presents an opportunity to invest in a precision manufacturing company with growing demand across key industries. With a strong product line, advanced infrastructure, and experienced promoters, the company is well-positioned for long-term growth post-listing.
Shining Tools Ltd. IPO (Shining Tools IPO) Detail Financial Information
Latest Revenue
5.42
₹ Crore
Profit After Tax
1.47
₹ Crore
Net Worth
9.47
₹ Crore
Total Borrowing
8.87
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Jul 2025 | 22.51 | 5.42 | 1.47 | 9.47 | 8.87 | ||||
| 31 Mar 2025 | 19.64 | 14.77 | 2.93 | 8.01 | 8.18 | ||||
| 31 Mar 2024 | 15.05 | 10.60 | 1.58 | 3.60 | 7.54 | ||||
| 31 Mar 2023 | 16.83 | 10.46 | -0.08 | 2.02 | 9.45 | ||||
| Amount in ₹ Crore | |||||||||
Shining Tools Ltd. IPO (Shining Tools IPO) Detail Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 49.59% |
| ROCE | 29.61% |
| Debt/Equity | 36.60% |
| RoNW | 27.19% |
| PAT Margin | 46.86% |
| EBITDA Margin | 5.82 |
| Price to Book Value | 64.51 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.05 | 7.78 |
| P/E (x) | 6.18 | 14.66 |
Frequently Asked Questions
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Competitive Strengths
Established expertise in solid carbide cutting tools manufacturing
Advanced CNC-equipped Rajkot-based production facility
Wide and diverse product range serving multiple industries
Strong promoter holding with significant post-IPO control
Demonstrated steady financial growth with rising profitability
Robust quality control and customer-centric innovation approach
Download regulatory filings
Shining Tools Ltd. IPO (Shining Tools IPO) Detail IPO Timeline
| IPO Open Date | November 7, 2025 |
| IPO Close Date | November 11, 2025 |
| Tentative Allotment | November 12, 2025 |
| Initiation of Refunds | November 13, 2025 |
| Credit of Shares to Demat | November 13, 2025 |
| Tentative Listing Date | November 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, November 11, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,73,600 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,73,600 |
| HNI (Min) | 3 | 3,600 | ₹4,10,400 |