Shining Tools IPO Will Open On Nov 07, 2025 And Close On Nov 11, 2025. The ₹17.10 Cr. IPO Is A Fresh Offer. Shining Tools IPO Price Band is Set At ₹114 Per share.
The Allotment Will Be Finalized On Nov 12, 2025 and Listing date is Expected on The BSE SME By Nov 14, 2025. Investor Quota like 47.48% Retail 47.48% HNI Market Maker is 5.04% Category.
Financial Year 2025 Company Posted a total income ₹14.77 Cr. and A Net Profit of ₹2.93 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Shining Tools IPO Dates & Price Band Details
| Open Date | Nov 07, 2025 |
|---|---|
| Close Date | Nov 11, 2025 |
| Price Band | ₹114 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 1,200 Shares |
| Type of Issue | Fresh Issue |
| Total Issue Size | 15,00,000 shares (Approx ₹17.10 Cr) |
| Market Maker | 75,600 shares (Approx ₹0.861 Cr) |
| Net Issue to the Public | 14,24,400 shares (Approx ₹16.24 Cr) |
| Issue Type | Fixed Price IPO |
| Listing Exchange | BSE SME |
| Retail Investor Quota | 47.48% |
| NII (HNI) Quota | 47.48% |
| Market Maker | 5.04% |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Shining Tools Limited
Our Company was originally incorporated on May 01, 2013 ‘Shining Tools Limited’ Our Company is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India.
we provide reconditioning services for used tools, ensuring their extended usability and performance. With focus on innovation and precision, we specialize in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering innovative tooling solutions for modern manufacturing needs.
Our Company caters to diverse range of industries like Agriculture, Automobiles, Engineering, Medical, Casting and foundry, Defence and aerospace, Power and energy,
Mould and die, General Engineering etc
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 Centres (HMCs), Vertical Machining Centres (VMCs) and turn-mill centres. They operate at high speeds and feed rates, efficiently machining a variety of metals, including solid carbide, cast iron, forgings, steel, and aluminium.
Our Competitive Strengths
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.
Shining Tools IPO Market Lot Size
The Minimum Lot Size For The Shining Tools IPO is 1,200 Shares, Requiring An Application Amount of ₹2,73,600 and in multiples of 2,400 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,73,600 |
| Retail Maximum | 2 | 2,400 | ₹2,73,600 |
| HNI Minimum | 3 | 3,600 | ₹4,10,400 |
Objects Of The Issue
Purchase and installation of plant and machinery for manufacturing of 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.
Shining Tools IPO Allotment & Listing Date
Shining Tools IPO Will Open on Nov 07 and Close on Nov 11, 2025. The allotment is Expected on Nov 12, With the Listing Scheduled on BSE SME For Nov 14, 2025 (More information below table).
| Anchor Investor Bidding | Thu, Nov 06, 2025 |
|---|---|
| IPO Open | Fri, Nov 07, 2025 |
| IPO Close | Tue, Nov 11, 2025 |
| Allotment Finalisation | Wed, Nov 12, 2025 |
| Refunds / Unblocking | Thu, Nov 13, 2025 |
| Shares Credited to Demat | Thu, Nov 13, 2025 |
| Listing Date | Fri, Nov 14, 2025 |
Our Company Promoters
Mr.Vipulbhai Laljibhai Ghonia
Mr.Kamalbhai Laljibhai Ghonia
Mrs.Pritiben Kamalbhai Ghonia
Mrs. Jayaben Laljibhai Ghonia
Mrs. Kiranben Vipulbhai Ghonia
Shining Tools IPO Financial Report (FY 2025)
Shining Tools Reported a Total Income of ₹14.77 Cr. in FY 2025, Slightly up From ₹10.60 Cr. in FY 2024. The Company Net Profit Also Rose to ₹2.93 Cr. From ₹1.58 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 22.51 | 19.64 | 15.05 | 16.83 |
| Total Income | 5.42 | 14.77 | 10.60 | 10.46 |
| Profit After Tax | 1.47 | 2.93 | 1.58 | -0.08 |
| EBITDA | 2.53 | 6.23 | 4.15 | 1.89 |
| NET Worth | 9.47 | 8.01 | 3.60 | 2.02 |
| Reserves and Surplus | 5.53 | 4.06 | 1.60 | 0.02 |
| Total Borrowing | 8.87 | 8.18 | 7.54 | 9.45 |
| Amount in ₹ Crore |
Shining Tools IPO Valuation Report – FY 2025 (KPI)
Check Detailed Shining Tools IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 49.59% |
| Return on Capital Employed (ROCE) | 29.16% |
| EBITDA Margin | 46.86% |
| PAT Margin | 27.19% |
| Earnings Per Share (EPS) | 7.05 |
| Price to Earnings Ratio (P/E) | 16.18 |
| Return on Net Worth (RoNW) | 36.60% |
| Net Asset Value (NAV) | 19.60 |
Comparison of Accounting Ratios with Industry Peers
| Company | Current market price (₹) | Face value (₹) | EPS (Basic & Diluted) | PE | NAV Per share (₹) | Total income (₹ in lakhs) |
|---|---|---|---|---|---|---|
| Shining Tools Limited | 114 | 10 | 7.17 | 15.90 | 19.25 | 1,476.90 |
| Birla Precisions Technologies Limited | 46.22 | 2 | 0.82 | 56.37 | 24.08 | 20,951.04 |
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Shining Tools Company Contact Details
Shining Tools Ltd.
Survey no. 63/2, Plot No. 2, Rajkot,
Gondal Highway paliya, Gondal, Gujarat.
Tel: +91 9687693344
Email: cs@tixnatools.com
Website: https://www.tixnatools.com/
Shining Tools Lead Manager
SOBHAGYA CAPITAL OPTIONS PRIVATE LIMITED
C-7&7A, Hosiery Complex, Phase-II Extension,
Noida-201305, Uttar Pradesh
Telephone: +91 9920379029/+91 7836066001
E-mail: cs@sobhagyacap.com
Website: www.sobhagyacapital.com
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
Shining Tools IPO FAQs
Question 1: What is the Shining Tools IPO?
Answer 1: Shining Tools IPO is a SME IPO of 15,00,000 equity shares of the face value of ₹10 approximately up to ₹17.10 Cr. The issue is price at ₹114 per share.
The Shining Tools IPO opens on Nov 07, 2025 and closes on Nov 11, 2025.
MAASHITLA SECURITIES PRIVATE LIMITED is the registrar for the IPO. The shares to be listed on BSE SME.
Question 2: How to apply in Shining Tools IPO through Groww?
Answer 2: Groww customers can apply online in Shining Tools IPO using UPI as a payment gateway. Groww customers can apply in Shining Tools IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Shining Tools IPO through Groww –
Visit the Groww website and login to Groww.
Go to Main Page and click the Products & tools and click IPO tab.
New page Open and Show ‘ Shining Tools IPO’ click the ‘Apply’ button.
Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application.
Question 3: When Shining Tools IPO will open?
Answer 3: The Shining Tools IPO opens on Nov 07, 2025 and closes on Nov 11, 2025.
Question 4: What is the lot size of Shining Tools IPO?
Answer 4: Shining Tools IPO lot size and the minimum order quantity is 1,200 Shares.
Question 5: How to apply for Shining Tools IPO?
Answer 5: You can apply in Shining Tools IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Shining Tools IPO allotment date?
Answer 6: The Basis of Allotment for Shining Tools IPO will be on Wed, Nov, 12, 2025, and the allotted shares will be credited to your demat account by Thu, Nov, 13, 2025. For Check the Shining Tools IPO allotment status.
Question 7: When is Shining Tools IPO listing date?
Answer 7: The Shining Tools IPO listing date is Nov 14, 2025. The date of Shining Tools IPO listing on Fri, Nov, 14, 2025.

























