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Open
7 Nov 2025
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Close
11 Nov 2025
3
Allotment
—
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Listing
Fri, Nov 14, 2025
Price Band
₹114 per share
Issue Size
15,00,000 shares (agg. up to ₹17 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Nov 14, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
14-11-2025₹0Est. ₹114+0%
13-11-2025₹0Est. ₹114+0%
12-11-2025₹0Est. ₹114+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.13x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| True Colors Ltd. | SME | ₹127.96 Cr | ₹191 | 14.66 | ₹183.05 | -4.16% | ₹146.10 (-2.34%) |
| L.T.Elevator Ltd. | SME | ₹39.37 Cr | ₹78 | 12.31 | ₹142.90 | +83.21% | ₹259.95 (+3.03%) |
| Airfloa Rail Technology Ltd. | SME | ₹91.10 Cr | ₹140 | 9.57 | ₹279.30 | +99.50% | ₹346.00 (-0.57%) |
| Taurian MPS Ltd. | SME | ₹42.53 Cr | ₹171 | 11.29 | ₹220.50 | +28.95% | ₹396.95 (+11.11%) |
| Cryogenic OGS Ltd. | SME | ₹17.77 Cr | ₹47 | 8.06 | ₹93.76 | +99.49% | ₹297.00 (-1.66%) |
| Patil Automation Ltd. | SME | ₹69.61 Cr | ₹120 | 16.43 | ₹162.75 | +35.62% | ₹195.00 (+1.96%) |
| Srigee DLM Ltd. | SME | ₹16.98 Cr | ₹99 | 13.62 | ₹197.50 | +99.49% | ₹76.40 (-6.26%) |
| Readymix Construction Machinery Ltd. | SME | ₹37.66 Cr | ₹123 | 10.46 | ₹116.85 | -5.00% | ₹103.35 (+10.12%) |
| Fabtech Technologies Cleanrooms Ltd. | SME | ₹27.74 Cr | ₹85 | 13.31 | ₹169.57 | +99.49% | ₹369.00 (-4.17%) |
| Epack Prefab Technologies Ltd. | Mainboard | ₹504.00 Cr | ₹204 | 29.49 | ₹190.66 | -6.54% | ₹244.11 (-1.83%) |
| Aditya Infotech Ltd. | Mainboard | ₹1,300.00 Cr | ₹675 | 21.09 | ₹1,082.65 | +60.39% | ₹3,614.40 (-4.80%) |
| Standard Glass Lining Technology Ltd. | Mainboard | ₹410.05 Cr | ₹140 | 43.04 | ₹163.35 | +16.68% | ₹135.98 (-2.85%) |
| Mamata Machinery Ltd. | Mainboard | ₹179.35 Cr | ₹243 | 15.3 | ₹630.00 | +159.26% | ₹386.30 (+1.72%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| 4 | Issue Expenses | 1.70 |
| Total | 17.10 |
About Shining Tools IPO
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
Contact Details
Shining Tools Ltd. AddressSurvey no.63/2, Plot No.2Rajkot, Gondal Highwaypaliya, Gondal, Gujarat, 360311+91 9687693344cs@tixnatools.comVisit Website