Shining Tools Limited
ListedSMEEngineering & Industrial Manufacturing · BSE
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.
Price Band
₹114
Issue Size
₹17.10 Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹114
at current GMP
Subscribed
1.20x
overall
Open
7 Nov 2025
Close
11 Nov 2025
Allotment
12 Nov 2025
Refund
13 Nov 2025
Demat Credit
14 Nov 2025
Listing
14 Nov 2025
Last updated 12 days ago
Official Registrar Verification
Shining Tools Limited Allotment Status
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
12 Nov 2025
Basis finalization
Refunds Initiate
13 Nov 2025
Mandate release
Demat Credit
14 Nov 2025
Shares in demat
Listing Debut
14 Nov 2025
Trading begins
How to Check Shining Tools Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Maashitla Securities Private Limited's allotment portal.
- Select Shining Tools Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Shining Tools Limited Public Issue & Market Profile
Shining Tools Limited is bringing an initial public offering (IPO) in the Engineering & Industrial Manufacturing sector with an aggregate issue size of ₹17.1 Crores. The shares are offered at a price band of ₹114 to ₹114 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2025-11-11, the basis of allotment is scheduled to be finalized on 2025-11-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.