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Engineering
Sub Sector: Designing and manufacturing of high-performance solid carbide cutting tools.
Exchange:
BSE
Emerge
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 different technical specifications in respect to shapes, geometries, step diameters, sizes, lengths, etc and of various grades including standard, fine, ultrafine, etc. This establishes them as a comprehensive solution for all cutting tool requirements, backed by their technical expertise, skilled personnel, and the advanced machinery utilized in their production process. Their facility at Rajkot is integrated with each operation thoroughly inspected for quality through their non-contact optical CNC machines to minimise human error and also is monitored by their experienced professionals, ensuring the product quality to meet the quality standards and the specific requirements of their customers.
Accurate Securities and Registry Private Limited
Shining Tools operates in Engineering and Designing and manufacturing of high-performance solid carbide cutting tools.. The Issue would be listed on SME. The registrar of the Issue is Accurate Securities and Registry Private Limited. The IPO type of Shining Tools is Fixed Price Issue and Object of issue is
Merchant Banker of Shining Tools IPO is Sobhagya Capital Options Limited
The DRHP (Draft Red Herring Prospectus) of Shining Tools IPO was filed on 31 Jan 2025.
No, Shining Tools IPO is not yet listed. See other upcoming SME IPOs here.
The IPO open date and IPO close date of Shining Tools are not available now. You can apply in Shining Tools IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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