IPO - Check IPO Date, Price, Lot Size

Shining Tools Ltd IPO

Our Company is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, we provide reconditioning services for used tools, ensuring their extended usability and performance. We specialize in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering innovative tooling solutions. These tools are widely used in commercial metal cutting operations across multiple industries. Our cutting tools are designed for use on CNC machines such as Horizontal Machining Center's (HMCs), Vertical Machining Center's (VMCs) and turn-mill centers. They operate at high speeds and feed rates, efficiently machining a variety of metals, including solid carbide, cast iron, forgings, steel, and aluminium.

Shining Tools Ltd IPO Details

Total Shares Offered

₹ 15,00,000

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

₹ 39,99,498

Exchange

BSE

Issue size

₹ 17.1 Cr

IPO Open Date

Nov 7, 2025

Close Date

Nov 11, 2025

Lot Size

2400

Min Investment

₹ 2,73,600

Issue Type

Fixed Price - SME

Listing Date

Nov 14, 2025

Shining Tools Ltd IPO Dates

Nov 7, 2025

Opening date

Nov 11, 2025

Closing date

Nov 12, 2025

Basis of Allotment

Nov 13, 2025

Initiation of Refunds

Nov 13, 2025

Credit of Shares

Nov 14, 2025

Listing date

Details

Sector	Type
Sector	Engineering
Sub Sector	NA
Issue Type	Fixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	0
NII	0x	0
Retail	0x	0
Employee	0x	0
Total	0x	1500000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1500000

Shining Tools Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	3.30	0.83	0.79
EBITDA	4.48	1.76	1.83
PAT	1.58	-0.08	-0.20
Total Assets	9.56	11.53	12.06
Share Capital	2.00	2.00	2.00
Total Borrowings	8.51	9.61	10.18
Operating Activities (Net Cash)	2.76	0.85	0.84
Investing Activities (Net Cash)	0.00	0.00	0.00
Financing Activities (Net Cash)	8.51	9.61	10.18
Net Cashflow	0.34	0.20	0.22

About Shining Tools Ltd

Our Company was incorporated on May 01, 2013 as `Shining Tools Limited', a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 01, 2013 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli.

The Indian market is known for being one of the most price competitive in the world when it comes to cutting tools. This market produces a broad spectrum of tools, including saw blades, taps, reamers, hobs, chasers, broaches, rolling dies, drills, end mills, cutters, burrs, gear cutting tools, tool bits, tips, or inserts, and many more. These tools are crucial for the removal of material from metallic work pieces, ensuring precision and efficiency in manufacturing processes. The cutting tools market was valued at USD 77.24 billion in 2019 and is projected to reach USD 101.48 billion by 2027, growing at a CAGR of 4.2% during the forecast period. The increasing demand for metal cutting equipment from various industries, including aerospace, defense, automotive, and industrial machinery, is a significant driver of this growth. Since, carbide cutting tools excel at precision machining, it is fast gaining prominence and is expected to continue to lead the pack of cutting and machining solutions, rising at a considerable rate during the forecast period, between 2024 and 2031, globally. The global carbide cutting tools market has risen steadily since 2023, and with the rising adoption of strategies by major players, the market is expected to rise over the projected horizon.

Peer Comparison:

Birla Precisions Technologies Limited

Shining Tools Ltd Key Points

Strengths

Efficiency through Machine-Based Manufacturing Tools.

Tailored Solutions to customers by Offering Customized Tools.

Wide and diverse range of product offerings.

Experienced management and technical expertise of employees.

Strategic Location.

Risk

Our manufacturing facility and our registered office is situated at Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway, Pipaliya, Gondal, Rajkot-360311, Gujarat, India resulting in concentration in a single region. Any interruption for a significant period of time, in these facilities may in turn adversely affect our business, financial condition and results of operations.

We have only one Manufacturing Facility, continued operations of our manufacturing facility is critical to our business and any disruption in the operation of our manufacturing facility may have a material adverse effect on our business, results of operations and financial condition.

Our historical revenues have been largely dependent on few customers and our inability to maintain such business may have an adverse effect on our results of operations.

Strategy

Expand our scope by adding more products.

Broaden and deepen presence in existing product portfolio.

Develop distributors network.

Start with new Re-conditioning facility.

Develop our export division.

How To Apply for Shining Tools Ltd IPO Online?

Step 1:

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From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Shining Tools Ltd IPO?

Shining Tools Ltd's IPO offers shares for up to 17.1 It begins on Nov 7, 2025 and ends on Nov 11, 2025.

What is the price of the Shining Tools Ltd IPO?

The price of Shining Tools Ltd IPO ranges between ₹114 to ₹114 per share.

What are the open and close dates for the Shining Tools Ltd IPO?

The Shining Tools Ltd IPO opens on Nov 7, 2025 and closes on Nov 11, 2025.

When will the Shining Tools Ltd IPO be allotted?

The allotment for the Shining Tools Ltd IPO will be finalised on Nov 12, 2025. The shares will be listed on BSE and NSE on Nov 14, 2025.

What is the minimum lot size required for Shining Tools Ltd IPO?

The minimum lot size for Shining Tools Ltd IPO is 2400 shares, priced between ₹114 to ₹114 per share.

What is the GMP of Shining Tools Ltd IPO?

The GMP (Grey Market Premium) of Shining Tools Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Shining Tools Ltd IPO?

To check the allotment status of Shining Tools Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Shining Tools Ltd IPO getting listed?

The Shining Tools Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Nov 7, 2025, and closes on Nov 11, 2025. The allotment is finalised on Nov 12, 2025.

How do you apply for the Shining Tools Ltd IPO?

To apply for the Shining Tools Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.