Listed Price₹104.00
Listing Gain-8.77%
Price Band₹114
Lot Size1,200 shares
Min Bid₹1,36,800
Subscription1.2x
Listed Market Snapshot
₹104.00Listed price from market data
-8.77%listing gain
Issue Amount
₹17.1 Cr
Listed Price
₹104.00
Current Price
₹79
Registrar
Maashitla Securities Private Limited
Timeline•Fixed Price IPO
Open07 Nov 2025
Close11 Nov 2025
Allotment12 Nov 2025
Listing14 Nov 2025
Quota Reservation Portions
HNIPortion: 7,12,600 shares
47.48%RetailPortion: 7,12,600 shares
47.48%Market MakerPortion: 75,600 shares
5.04%Minimum Application Bracket Matrix
Retail2 lots / 2,400 shares
₹2,73,600HNI3 lots / 3,600 shares
₹4,10,400About the Company
Shining Tools Limited, established in May 2013, is a Rajkot-based manufacturer of high-performance solid carbide cutting tools under the brand “Tixna”, offering a wide range of products like end mills, drills, reamers, and thread mills for industries such as automotive, engineering, aerospace, defense, agriculture, medical, casting, and power. Along with manufacturing, the company also provides reconditioning services to enhance tool life and offer cost-effective solutions to clients. With an ISO 9001:2015 certified quality management system and a modern manufacturing facility in Gujarat, Shining Tools supports both domestic and international markets with precision, durability, and innovative tooling solutions.
Company Promoters
Mr. Vipulbhai Laljibhai GhoniaMr. Kamalbhai Laljibhai Ghonia
Lead Managers
Registrar
Maashitla Securities Private Limited