Shining Tools IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Nov 07 to Nov 11 2025
Price Band
₹114
Current GMP
₹104 (-8.77%)
Subscription
1.15 times
IPO Details
| IPO Date | November 7, 2025 to November 11, 2025 |
| Listing Date | November 14, 2025 |
| Face Value | ₹10 per share |
| Issue Price Final | ₹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)Aftertrade Broking Pvt.Ltd. |
| 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 |
IPO Date
November 7, 2025 to November 11, 2025
Listing Date
November 14, 2025
Face Value
₹10 per share
Issue Price Final
₹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)Aftertrade Broking Pvt.Ltd.
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
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 0.43 |
| Individual Investors (IND category bidding for 2 Lots) | 1.87 |
| Total ** | 1.15 |
Market Maker
1
Non-Institutional Buyers***
0.43
Individual Investors (IND category bidding for 2 Lots)
1.87
Total **
1.15
Day Wise Sub
| Day | NII* | Individual Investors | Total |
|---|---|---|---|
| Day 1 Nov 7, 2025 | 0.35 | 0.63 | 0.49 |
| Day 2 Nov 10, 2025 | 0.31 | 1.22 | 0.76 |
| Day 3 Nov 11, 2025 | 0.43 | 1.87 | 1.15 |
DayDay 1
Nov 7, 2025
NII*0.35
Individual Investors0.63
Total0.49
DayDay 2
Nov 10, 2025
NII*0.31
Individual Investors1.22
Total0.76
DayDay 3
Nov 11, 2025
NII*0.43
Individual Investors1.87
Total1.15
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 14-11-2025 | 114.00 | 0(0.00%) | 114 |
| 13-11-2025 | 114.00 | 0(0.00%) | 114 |
| 12-11-2025 | 114.00 | 0(0.00%) | 114 |
| 11-11-2025 | 114.00 | 0(0.00%) | 114 |
| 10-11-2025 | 114.00 | 3(2.63%) | 117 |
| 09-11-2025 | 114.00 | 2(1.75%) | 116 |
| 08-11-2025 | 114.00 | 2(1.75%) | 116 |
| 07-11-2025 | 114.00 | 7(6.14%) | 121 |
| 06-11-2025 | 114.00 | 15(13.16%) | 129 |
| 05-11-2025 | 114.00 | 0(0.00%) | 114 |
| 04-11-2025 | 114.00 | 0(0.00%) | 114 |
| 03-11-2025 | 114.00 | 0(0.00%) | 114 |
Date14-11-2025
Price114.00
GMP0(0.00%)
Estimate List Price114
Date13-11-2025
Price114.00
GMP0(0.00%)
Estimate List Price114
Date12-11-2025
Price114.00
GMP0(0.00%)
Estimate List Price114
Date11-11-2025
Price114.00
GMP0(0.00%)
Estimate List Price114
Date10-11-2025
Price114.00
GMP3(2.63%)
Estimate List Price117
Date09-11-2025
Price114.00
GMP2(1.75%)
Estimate List Price116
Date08-11-2025
Price114.00
GMP2(1.75%)
Estimate List Price116
Date07-11-2025
Price114.00
GMP7(6.14%)
Estimate List Price121
Date06-11-2025
Price114.00
GMP15(13.16%)
Estimate List Price129
Date05-11-2025
Price114.00
GMP0(0.00%)
Estimate List Price114
Date04-11-2025
Price114.00
GMP0(0.00%)
Estimate List Price114
Date03-11-2025
Price114.00
GMP0(0.00%)
Estimate List Price114
IPO Important Dates
| IPO Open Date | Fri, Nov 7, 2025 |
| IPO Close Date | Tue, Nov 11, 2025 |
| Tentative Allotment | Wed, Nov 12, 2025 |
| Initiation of Refunds | Thu, Nov 13, 2025 |
| Credit of Shares to Demat | Thu, Nov 13, 2025 |
| Tentative Listing Date | Fri, Nov 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Nov 11, 2025 |
IPO Open Date
Fri, Nov 7, 2025
IPO Close Date
Tue, Nov 11, 2025
Tentative Allotment
Wed, Nov 12, 2025
Initiation of Refunds
Thu, Nov 13, 2025
Credit of Shares to Demat
Thu, Nov 13, 2025
Tentative Listing Date
Fri, Nov 14, 2025
Cut-off time for UPI mandate confirmation
5 PM on Tue, Nov 11, 2025
IPO Lot Size
| Application | Lots | Shares | 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 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares2,400
Amount₹2,73,600
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares2,400
Amount₹2,73,600
ApplicationHNI (Min)
Lots3
Shares3,600
Amount₹4,10,400
Financial Information
| Period Ended | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Period Ended | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 22.51 | 19.64 | 15.05 |
| Total Income | 5.42 | 14.77 | 10.60 |
| Profit After Tax | 1.47 | 2.93 | 1.58 |
| EBITDA | 2.53 | 6.23 | 4.15 |
| NET Worth | 9.47 | 8.01 | 3.60 |
| Reserves and Surplus | 5.53 | 4.06 | 1.60 |
| Total Borrowing | 8.87 | 8.18 | 7.54 |
Period EndedPeriod Ended
31 Jul 202531 Jul 2025
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
Period EndedAssets
31 Jul 202522.51
31 Mar 202519.64
31 Mar 202415.05
Period EndedTotal Income
31 Jul 20255.42
31 Mar 202514.77
31 Mar 202410.60
Period EndedProfit After Tax
31 Jul 20251.47
31 Mar 20252.93
31 Mar 20241.58
Period EndedEBITDA
31 Jul 20252.53
31 Mar 20256.23
31 Mar 20244.15
Period EndedNET Worth
31 Jul 20259.47
31 Mar 20258.01
31 Mar 20243.60
Period EndedReserves and Surplus
31 Jul 20255.53
31 Mar 20254.06
31 Mar 20241.60
Period EndedTotal Borrowing
31 Jul 20258.87
31 Mar 20258.18
31 Mar 20247.54
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | P/BV Ratio |
|---|---|---|---|---|---|
| Shining Tools Limited | 7.17 | 7.17 | 19.25 | 15.90 | 6.00 |
| Birla Precision Technologies Ltd. | 0.82 | 0.82 | 24.08 | 56.37 | 1.92 |
Company NameShining Tools Limited
EPS (Basic)7.17
EPS (Diluted)7.17
NAV (per share) (Rs)19.25
P/E (x)15.90
P/BV Ratio6.00
Company NameBirla Precision Technologies Ltd.
EPS (Basic)0.82
EPS (Diluted)0.82
NAV (per share) (Rs)24.08
P/E (x)56.37
P/BV Ratio1.92
IPO Reservation
| Market Maker Shares Offered | 75,600 (5.04%) |
| NII (HNI) Shares Offered | 7,12,600 (47.48%) |
| Retail Shares Offered | 7,12,600 (47.48%) |
| Total Shares Offered | 15,00,800 (100.00%) |
Market Maker Shares Offered
75,600 (5.04%)
NII (HNI) Shares Offered
7,12,600 (47.48%)
Retail Shares Offered
7,12,600 (47.48%)
Total Shares Offered
15,00,800 (100.00%)
Information about company
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.
Objectives of IPO
The Company Shining Tools IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
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
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App