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SHTLSME / BSEListed
Shining Tools

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.

₹114 - ₹1141.2x sub
Listed Price₹104.00
Listing Gain-8.77%

IPO Schedule & Timeline

Fixed Price IPO
Open07 Nov 2025
Close11 Nov 2025
Allotment12 Nov 2025
Listing14 Nov 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

HNI7,12,600 shares
47.48%
Retail7,12,600 shares
47.48%
Market Maker75,600 shares
5.04%

Minimum Application Lots

Retail2 Lots (2,400 shares)
₹2,73,600
HNI3 Lots (3,600 shares)
₹4,10,400

Company Promoters

Mr. Vipulbhai Laljibhai GhoniaMr. Kamalbhai Laljibhai Ghonia

Company Background

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 man...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jul 25)₹5.42 Cr
Growth-48.2%
Revenue Trend (₹ in Crores)
0.05.711.317.0Mar-23Mar-24Mar-25Jul 25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jul 255.421.4722.518.87
Mar-2514.772.9319.648.18
Mar-2410.61.5815.057.54
Mar-2310.46-0.0816.839.45

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jul-2510.5949.15%35.70%00
Mar-257.1749.59%29.61%00
Mar-243.9456.08%26.64%00
Mar-23-0.2-3.85%8.32%00

Peer Comparison & Valuation

Financial Performance

Shining Tools Limited

NAV/Share (₹)19.25
RONW(%)NA
EPS (Basic) (₹)7.17

Birla Precisions Technologies Limited

NAV/Share (₹)24.08
RONW(%)NA
EPS (Basic) (₹)0.82

Valuation

Shining Tools Limited

P/E(X)15.9
CMP* (₹)NA
Face value (₹)10.00

Birla Precisions Technologies Limited

P/E(X)56.37
CMP* (₹)46.22
Face value (₹)2.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
12 Nov 2025
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
14 Nov 2025

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for Shining Tools. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization12 Nov 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Nov 2025Trading commences on exchange

How to Check Shining Tools Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Shining Tools from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Shining Tools IPO

Complete issue overview for Shining Tools (SHTL) IPO. The issue features an equity share price band of ₹114 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,36,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions