Shining Tools Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 712,600 (47%) | — | ₹812 Cr |
| Retail | — | 712,600 (47%) | — | ₹812 Cr |
| Market Maker | — | 75,600 (5%) | — | ₹9 Cr |
| Σ Total | — | 1,500,800 (100%) | — | ₹17,109 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹136,800 |
| Retail (Max) | 13 | 15,600 | ₹1,778,400 |
| S-HNI (Min) | 14 | 16,800 | ₹1,915,200 |
| B-HNI (Min) | 67 | 80,400 | ₹9,165,600 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 5 | 15 | 11 |
| EBITDA | 3 | 6 | 4 |
| Profit After Tax | 1 | 3 | 2 |
| Net Worth | 9 | 8 | 4 |
| Total Assets | 23 | 20 | 15 |
| Reserves & Surplus | 6 | 4 | 2 |
| Total Borrowing | 9 | 8 | 8 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises – 9.07
- 2 Funding of working capital requirements – 3.85
- 3 General corporate purposes – 2.48
Company Overview
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.