Shining Tools IPO [Initial Public Offering] is a fixed price issue of 15,00,000 shares [₹17.10 crore]. The issue is a combination of a fresh issue of 15,00,000 shares [₹17.10 crore].
The Shining Tools IPO will open for subscription on November 07, 2025, and close on November 11, 2025. The Shining Tools IPO allotment is expected to be finalized on November 12, 2025, while the shares are scheduled to be listing on the BSE and SME on November 14, 2025.
The price band for the Shining Tools IPO is fixed price at ₹114 per share. The minimum application size 2 lots is [2,400 shares], requiring a retail investor to invest at least ₹2,73,600 [based on the upper price band]. For S-HNI investors, the minimum application size is 3 lots [3,600 shares] worth ₹4,10,400.
Shining Tools IPO Details
| Open Date | November 07, 2025 |
| Close Date | November 11, 2025 |
| Issue Type | Fixed Price Issue |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹114 Per Share |
| Listing On | BSE, SME |
| Issue Size | ₹17.10 Cr. [15,00,000 Shares] |
| Fresh Issue | ₹17.10 Cr. [15,00,000 Shares] |
| Offer For Sale | Not Applicable |
| Prospectus | DRHP | RHP | Anchor Investors |
Shining Tools IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| NII | 47.48% | 7,12,200 |
| RII | 47.48% | 7,12,200 |
| Market Maker | 5.04% | 75,600 |
| Total | 100.00% | 15,00,000 |
Shining Tools IPO Market Lot
| Application | Lot | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,73,600 |
| Retail Maximum | 2 | 2,400 | ₹2,73,600 |
| S-HNI Minimum | 3 | 3,600 | ₹4,10,400 |
Key Performance Indicator
| KPI | Value |
| Market Capitalisation | ₹64.51 Cr. |
| P/E Ratio | 16.18x |
| EPS | ₹7.05 |
| ROE | 49.59% |
| ROCE | 29.61% |
| RoNW | 36.60% |
| Dept/Equity | — |
| EBITDA Margin | 46.86% |
| PAT Margin | 27.19% |
| Net Assets Value | ₹19.25 |
| Price To Book Value | ₹5.82 |
Shining Tools IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Birla Precision Technologies Limited | 56.37x | ₹0.82 | — | ₹24.08 |
Shining Tools IPO Dates
| Open Date | November 07, 2025 |
| Close Date | November 11, 2025 |
| Allotment Date | November 12, 2025 |
| Refund Date | November 13, 2025 |
| Share Credit Date | November 13, 2025 |
| Listing Date | November 14, 2025 |
Shining Tools Company Financial Report
| Years | Assets | Income | Expenses | Net Worth | PAT | Borrow |
|---|---|---|---|---|---|---|
| July 2025 | ₹22.51 Cr. | ₹5.42 Cr. | ₹3.46 Cr. | ₹9.47 Cr. | ₹1.47 Cr. | ₹8.87 Cr. |
| March 2025 | ₹19.64 Cr. | ₹14.77 Cr. | ₹10.69 Cr. | ₹8.01 Cr. | ₹2.93 Cr. | ₹8.18 Cr. |
| March 2024 | ₹15.05 Cr. | ₹10.60 Cr. | ₹8.49 Cr. | ₹3.60 Cr. | ₹1.58 Cr. | ₹7.54 Cr. |
| March 2023 | ₹16.83 Cr. | ₹10.46 Cr. | ₹10.56 Cr. | ₹2.02 Cr. | ₹-0.08 Cr. | ₹9.45 Cr. |
Company Promoters
- Mr. Vipulbhai Laljibhai Ghonia
- Mr. Kamalbhai Laljibhai Ghonia
| Holding Pre Issue | 96.18% | 41,58,400 Shares |
| Holding Post Issue | 70.68% | 56,58,400 Shares |
Shining Tools IPO Lead Managers
- Sobhagya Capital Options Private Limited
Shining Tools IPO Registrar
Maashitla Securities Private Limited
451, Krishna Apra Business Square, Netaji Subhash Place,
Pitampura,
Delhi- 110 034
Tel. Number: 011-47581432
Email: ipo@maashitla.com
Website: www.maashitla.com
About The Company
Shining Tools Limited, established in May 2013, is a precision-driven company engaged in designing and manufacturing high-performance solid carbide cutting tools for multiple industries across India. Operating under its flagship brand “Tixna,” the company offers an extensive range of products, including end mills, drills, reamers, and thread mills, designed to deliver accuracy, durability, and superior performance.
Beyond manufacturing, Shining Tools provides reconditioning services that extend the life and efficiency of used tools, supporting cost-effectiveness and sustainability for clients. The company’s customized tooling solutions cater to diverse sectors such as automotive, aerospace, defense, engineering, agriculture, power, and medical industries, ensuring every product meets specialized requirements.
With an ISO 9001:2015 certification for quality management, Shining Tools emphasizes innovation, consistency, and customer satisfaction. Its state-of-the-art manufacturing unit located in Rajkot, Gujarat, is powered by modern, machine-based manufacturing processes. As of June 2025, the company employs 26 skilled professionals dedicated to excellence and technical precision.
The company’s competitive strengths lie in its automated manufacturing systems, custom-built tooling capabilities, diverse product portfolio, and the expertise of its experienced management team, all of which position Shining Tools Limited as a trusted and growing name in India’s precision tooling industry.
Company Address
Shining Tools Limited
Survey no. 63/2, Plot No. 2,
Rajkot, Gondal Highway
paliya, ,
Gondal, Gujarat, 360311
Phone: +91 9687693344
Email: cs@tixnatools.com
Website: www.tixnatools.com/
Shining Tools IPO FAQs
What are the open and close dates of the Shining Tools IPO?
The IPO of Shining Tools Limited will open on November 07, 2025 and will close on November 11, 2025.
What is the price band for Shining Tools IPO?
The price band for the Shining Tools IPO is fixed a ₹114 per share.
What is the lot size of the Shining Tools IPO?
Investors can apply for a minimum of 2,400 shares per lot and in multiples thereafter.
How can retail investors apply for the Shining Tools IPO?
Retail investors can apply through UPI-based ASBA (Application Supported by Blocked Amount) via their bank or stock broker’s platform.
What is the issue size of the Shining Tools IPO?
The total issue size of Shining Tools IPO is ₹17.10 Cr., comprising both fresh issue and offer for sale (if applicable).
When will the basis of allotment for the Shining Tools IPO be finalized?
The basis of allotment is expected to be finalized on November 12, 2025.
How can I check the allotment status of the Shining Tools IPO?
Investors can check their allotment status on the official registrar’s website once it is announced.
When will the shares of Shining Tools IPO get listed?
The shares are expected to be listed on the NSE and BSE on November 14, 2025.
Is the Shining Tools IPO a good investment?
Investment decisions depend on an individual’s financial goals and risk profile. It is advised to consult with a SEBI-registered financial advisor before making any investment decision.
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
| Thank You… |
|---|