58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Shining Tools Limited IPO (Shining Tools IPO) Detail

Shining Tools IPO is a book build IPO listing on BSE SME exchange. The company is based in Rajkot and caters to Engineering sector. Sobhagya Capital Options is the merchant banker of Shining Tools IPO. It is a SME UPCOMING IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st January 2025.

Shining Tools IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME UPCOMING
Exchange : BSE SME
Issue Type : Fixed Price

Shining Tools IPO Date

Date of DRHP:
31st January 2025
IPO Allotment Date:
[●]
IPO Open Date:
[●]
Initiation of Refund:
[●]
IPO Closing Date:
[●]
IPO Listing Date:
[●]

Shining Tools IPO Info, Size, Subscription

Shining Tools IPO size is Rs [●] crores with IPO price of Rs [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
64.06 %

Post Issue Promoter Holding :
0.00%

Shining Tools IPO Information

Sub Sector :
Shining Tools is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, they provide reconditioning services for used tools, ensuring their extended usability and performance. They specialize in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering innovative tooling solutions. These tools are widely used in commercial metal cutting operations across multiple industries. Their cutting tools are designed for use on CNC machines such as Horizontal Machining Centres (HMCs), Vertical Machining Centres (VMCs) and turn-mill centres. They operate at high speeds and feed rates, efficiently machining a variety of metals, including cast iron, forgings, steel and aluminium. Their facility at Rajkot manufactures various categories of tools with
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Object of Issue (Shining Tools IPO Objectives)

  • Purchase and installation of plant and machinery for manufacturing of Carbide Precision Tools at the Existing Premises (factory at Survey no. 63/2, Plot No. 2, Rajkot, Gondal Highway, Pipaliya, Gondal, Rajkot-360 311, Gujarat, India to be referred to as the “Existing Premises”)
  • Purchase of Software for automation
  • Funding of working capital requirements
  • General corporate purposes

Sobhagya Capital Options Limited is the book-running lead manager of the Shining Tools IPO. Accurate Securities and Registry Private Limited is the Registrar and Market Maker is [●] for Shining Tools IPO.

Shining Tools IPO Market Maker

[●]

Shining Tools IPO Registrar (RTA)

Accurate Securities and Registry Private Limited

Shining Tools IPO Lead Manager (BRLM)

Sobhagya Capital Options Limited

Shining Tools IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Shining Tools IPO?

Shining Tools IPO, based in Rajkot, operates in the   Engineering sector with a focus on . The company is launching its SME UPCOMING IPO on the BSE SME exchange, using the Fixed Price Issue method. Shining Tools IPO size is ₹ [●] Crores with fresh issue size of Rs [●] Crores and Offer for sale being Nil.

When is Shining Tools IPO allotment?

The IPO allotment date for Shining Tools IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Shining Tools IPO allotment status on the registrars website, Accurate Securities and Registry Private Limited. Shining Tools IPO refund dates are [●].

When is Shining Tools IPO listing date?

Shining Tools IPO is expected to be listed on [●].

What is the price band for Shining Tools IPO?

The upper price band for the Shining Tools IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Shining Tools IPO Review?

For IPO analysis on Shining Tools IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Shining Tools IPO?

To apply for the Shining Tools IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Shining Tools IPO is finalised.

Who is the merchant banker of Shining Tools IPO?

The merchant banker for Shining Tools IPO is Sobhagya Capital Options Limited . Sobhagya Capital Options Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shining Tools IPO RHP for further details.

Who is the Registrar of Shining Tools IPO?

The registrar for Shining Tools IPO is Accurate Securities and Registry Private Limited. Investors can go to Accurate Securities and Registry Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shining Tools IPO through their official website or helpline.

What is the Shining Tools IPO subscription?

Shining Tools IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: [●] Avg IPO Size (Sector Based) : ₹ 19.53 Cr.
  • Sector: Engineering SME IPO so far: 49
  • Merchant Banker: Sobhagya Capital SME IPO by BRLM so far: 47
  • City: Rajkot SME IPO so far: 12
  • Revenue (annualised): ₹ 10.77 cr.
            PAT: (annualised): ₹ 2.79 cr.
  • PE Ratio: [●] Average Sector PE Ratio: 52.19x
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FAQs

Shining Tools IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shining Tools Financial Review Page

Shining Tools IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shining Tools IPO listed at a listing price of against the offer price of .

The current market price of Shining Tools is .

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