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HomeIPOShining Tools

About Shining Tools

Incorporated in May 2013, Shining Tools Limited designs and manufactures high-performance solid carbide cutting tools for various industries in India.The company also reconditions secondhand tools, improving their performance and usability.The company designs and manufactures a wide variety of high-performance solid carbide cutting tools such as end mills, drills, reamers, and thread mills under the brand name 'Tixna'.They create custom tooling and provide reconditioning services for automotive, engineering, aerospace, and defense industries.The company produces high-performance cutting tools such as end mills, thread mills, drills, and reamers with innovative solutions. These tools are applied in commercial metal cutting across different industries.The company is ISO 9001:2015 accredited in Quality Management for solid carbide cutting tools.The industries it caters to include Agriculture, Automobiles, Engineering, Medical, Casting, Defence, Aerospace, and Power.The firm's manufacturing unit is located in Rajkot, Gujarat.As of June 2025, the company has 26 employees on its payroll.

Shining Tools IPO - Issue Objectives

1Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises2Funding of working capital requirements3General corporate purposes

1

Objectives

1Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises2Funding of working capital requirements3General corporate purposes

IPO Subscription Status

NII
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Total
1.20x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Shining Tools

Shining Tools

Open Date

07 Nov 2025

Close Date

11 Nov 2025

listed

Min Investment

₹273600

Lot Size

21 Shares

Issue Size

₹17.1 Cr

Price Range

₹114 - ₹114

Listing Date

Nov 14, 2025

IPO Doc

RHP PDF

Financials of Shining Tools

In Cr.

Key Performance Indicator31-Jul-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue5.4214.7710.6010.46
EBITDA2.536.234.151.89
Expenses
Profit After Tax1.472.931.58-0.08
Assets22.5119.6415.0516.83
Net Worth9.478.013.602.02
Reserves5.534.061.600.02
Borrowing8.878.187.549.45

Shining Tools - Promoter(s)

Shining Tools

Vipulbhai Laljibhai Ghonia

Kamalbhai Laljibhai Ghonia

Pre Issue Share Holding

N/A

Post Issue Share Holding

N/A

Registrar Contact Details

Maashitla Securities Pvt Ltd

Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway, Paliya, Gondal, Gujarat - 360311

+919687693344
cs@tixnatools.com
https://www.tixnatools.com/

Shining Tools IPO - FAQs

Shining Tools IPO is a SME IPO. The issue is priced at ₹114 per equity share. The minimum order quantity is 21 Shares. The IPO opens on 7 Nov, and closes on 11 Nov. Maashitla Securities Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2025-11-06
  • Bidding Starts2025-11-07
  • Bidding Ends2025-11-11
  • Allotment Finalisation2025-11-12
  • Release of Funds2025-11-13
  • Demat Transfer2025-11-13
  • Listing2025-11-14