Shining Tools IPO Details
The Shining Tools IPO is a fixed price issue with a total issue size of ₹17.1 cr Shining Tools IPO opened for subscription on Nov 07, 2025 and closed on Nov 11, 2025. Shining Tools IPO has set the price at ₹114 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹273,600.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Nov 12, 2025, and listed on both the NSE and BSE on Nov 14, 2025.
Maashitla Securities Private Limited has been appointed as the registrar. Sobhagya Capital Options Ltd are the Book Running Lead Manager for the issue.
Before investing in the Shining Tools IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 114 – 114
- Lot Size
- 1200
- Issue Size
- ₹17.1 Cr
- Minimum Investment
- ₹273600 (2400 Shares)
- Listing Date
- 14 November 2025
Current GMP
₹3 (+2.63%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Shining Tools Limited
Shining Tools Limited – Company Profile
Incorporated: May 2013
Headquarters: Rajkot, Gujarat, India
Employees (as of June 2025): 26
Accreditation: ISO 9001:2015 Certified for Quality Management Systems
Overview:
Shining Tools Limited is a leading Indian manufacturer and designer of high-performance solid carbide cutting tools. Under the “Tixna” brand, the company provides advanced tooling solutions that meet the diverse needs of industries such as Automotive, Aerospace, Defence, Engineering, Agriculture, Medical, Casting, and Power.
Products:
The company specializes in manufacturing a wide range of precision-engineered solid carbide cutting tools, including:
- End Mills
- Drills
- Reamers
- Thread Mills
Services:
In addition to manufacturing, Shining Tools Limited offers reconditioning services for used tools, significantly enhancing their performance and extending service life. The company also provides customized tool design solutions tailored to specific client requirements.
Commitment to Quality:
With ISO 9001:2015 certification, Shining Tools Limited maintains stringent quality control standards across its production and service processes, ensuring consistency, reliability, and performance in every product delivered.
Vision:
To deliver innovative and sustainable cutting tool solutions that empower industries through precision, performance, and durability.
Shining Tools IPO Promoters
- Mr. Vipulbhai Laljibhai Ghonia
- Mr. Kamalbhai Laljibhai Ghonia
Promoters Holding
Holding Pre Issue
96.18%
Holding Post Issue
70.68%
Shining Tools IPO Objective
The Company Shining Tools IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Purchase and installation of plant and machinery for Carbide Precision Tools at the Existing Premises (factory at Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway, Pipaliya, Gondal, Rajkot-360 311, Gujarat, India to be referred to as the “Existing Premises”)
- Funding of working capital requirements
- General corporate purposes
Address / Contact Info
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/
IPO Snapshot
Book Running Lead Managers
- Sobhagya Capital Options Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Shining Tools IPO is a Fixed price IPO with a total issue size of ₹17.1 crore. The Shining Tools IPO price band is ₹114 to 114 per share. The Shining Tools IPO subscription opens on Fri, Nov 7, 2025, and closes on Tue, Nov 11, 2025. The Shining Tools IPO will be listed on the BSE. Maashitla Securities Private Limited is the registrar for the Shining Tools IPO.
The Shining Tools IPO opens on Fri, Nov 7, 2025 and closes on Tue, Nov 11, 2025
Shining Tools IPO Price Band is ₹114 to 114 per share.
Shining Tools IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹273600 based on the upper price band
The minimum investment for Shining Tools IPO is ₹273600, based on one lot of 1200 shares at the upper price band of ₹114 per share.
Investors can apply for the Shining Tools IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Nov 11, 2025. The application amount remains blocked until the Shining Tools IPO allotment is finalized.
Shining Tools IPO issue size is ₹17.1 crores.
Shining Tools IPO allotment date is Wed, Jul 1, 2026.
The registrar for Shining Tools IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited website to check Shining Tools IPO allotment status, refund processing, and other IPO-related information.
The Shining Tools IPO GMP (Grey Market Premium) is ₹3 as of Mon, Nov 10, 2025. Based on the upper price band of ₹114 per share, the estimated Shining Tools IPO listing price is ₹117, indicating a potential listing gain of approximately 0% over the issue price.