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
Overall Subscription
1.20x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.53x
High Net-Worth
Retail (RII)
1.87x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 712,600 | 379,200 | 0.53x |
| RETAIL | 712,600 | 1,332,000 | 1.87x |
| Total | 1,425,200 | 1,711,200 | 1.20x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| NIB | — | 56 | 0.00x |
| RETAIL | 297 | 2 | 0.01x |
| HNIs (2-10L) | 198 | 26 | 0.13x |
| Total Applications | 495 | 84 | 0.17x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Shining Tools Limited IPO GMP today?
Currently, Shining Tools Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹114 to ₹114 per equity share.
What is the expected profit per lot for Shining Tools Limited IPO?
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,36,800. Expected listing price is ₹114 per equity share.
What is the issue size and price band for Shining Tools Limited IPO?
The Shining Tools Limited IPO aggregate issue size is ₹17.1 Crores with an equity price band set at ₹114 to ₹114 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,36,800.
How can I check Shining Tools Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.20x (Retail: 1.87x, QIB: 0.00x, NII: 0.53x). You can track live multiples directly on our dedicated subscription page.
Where and when will Shining Tools Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-11-12. Investors can verify status using PAN card or application number.
When is the listing date for Shining Tools Limited IPO?
Shining Tools Limited shares are scheduled to list on BSE on 2025-11-14.