
Shining Tools IPO Subscription Day 1: Check Online
Posted by : sachet | Fri Nov 07 2025

Check Expert’s Verdicts on Shining Tools IPO.
Here is the Shining Tools IPO launched on 7th November 2025. Bidding for the issue will close on 11th November 2025. The primary aim of the Shining Tools IPO is to raise ₹17.10 crores from the market. Additionally, the Shining Tools IPO has received an impressive level of subscription, indicating that the shares will likely be listed at a premium. Scroll down to check the Shining Tools IPO subscription and details.
Shining Tools IPO Details
| IPO Open Date | 7th November 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹114 per share |
| Lot Size | 1,200 shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & SME |
| IPO Close Date | 11th November 2025 |
| Listing Date | 14th November 2025 |
The price band for the Shining Tools IPO has been prescribed at ₹114 per share, with a total of 15,00,800 shares issued. Let’s segregate the share quota fixed for different categories of investors.
| Categories | Shares Offered | % Shares Offered |
| Market Maker Shares Offered | 75,600 | 5.04% |
| NII (HNI) Shares Offered | 7,12,600 | 47.48% |
| Retail Investors | 7,12,600 | 47.48% |
| Total Shares Offered | 15,00,800 | 100.00% |
Shining Tools IPO Subscription Status
As of now, the Shining Tools IPO has been subscribed to 0.43times. Of these, 0.58 times are subscribed by retail investors, 0.28 times by non-institutional investors, and [.] times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Shining Tools IPO, scheduled for listing on 14th November 2025. Shining Tools’ IPO also has a positive outlook, with the fresh issue of 0.15 shares to raise around Rs 17.10 crores.
Shining Tools IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Shining Tools IPO GMP for 7th November 2025.
The grey market premium for this IPO is 13.19% or Rs 15 per share. It indicates that the estimated listing price per share is Rs 15. Numerous factors played a pivotal role in the jump in Shining Tools IPO GMP. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 7-11-2025 | ₹114.00 | ₹15.00 | ₹129.00 | 13.19% |
| 6-11-2025 | ₹114.00 | ₹15.00 | ₹129.00 | 13.19% |
| 5-11-2025 | ₹114.00 | ₹0.00 | ₹114.000 | 0.00% |
| 4-11-2025 | ₹114.00 | ₹0.00 | ₹114.000 | 0.00% |
| 3-11-2025 | ₹114.00 | ₹0.00 | ₹114.000 | 0.00% |
About Shining Tools IPO Ltd.
Shining Tools was established in May 2013 and is engaged in the manufacturing and designing of high-quality performance tools for industries in India. The company also provides reconditioning services that improve quality and performance. They specialise in manufacturing high-quality tools for various industries and offer reconditioning services for the automotive, engineering, aerospace, and defence industries.
- Efficiency through Machine-Based Manufacturing Tools.
- Tailored Solutions to customers by Offering Customised Tools.
- Broad and diverse range of product offerings.
- Experienced management and technical expertise of employees.
Shining Tools Limited Financials
The company’s financial analysis is essential before applying for Shining Tools Limited’s IPO. Look at the table to learn about Shining Tools Limited’s financials.
| Year Ended | 31st July 2025 | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 22.51 | 19.64 | 15.05 | 16.83 |
| Revenue | 5.42 | 14.77 | 10.60 | 10.46 |
| Profit After Tax | 1.42 | 2.93 | 1.58 | -0.08 |
| EBITDA | 2.53 | 6.23 | 4.15 | 1.89 |
| Net Worth | 9.47 | 8.01 | 3.60 | 2.02 |
| Reserve and Surplus | 5.53 | 4.06 | 1.60 | 0.02 |
| Total Borrowing | 8.87 | 8.18 | 7.54 | 9.45 |
Explanation
Shining Tools Limited’s revenue increased by 39% from ₹10.60 crores in March 2024 to ₹14.77 crores in March 2025. Moreover, the company’s PAT increased by 86% from ₹1.58 crores to ₹2.93 crores. Investors can analyse other relevant factors and make a decision accordingly.
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Shining Tools IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 16.18 |
| EPS (Earnings Per Share) | 7.05 |
| RoNW | 36.60% |
| ROCE | 29.61% |
| ROE | 49.59% |
| EBITDA Margin | 46.86% |
| Price to Book Value | 5.82 |
| Market Capitalisation | ₹64.51% |
Shining Tools IPO Listing Expectations
Shining Tools IPO Highlights: IPO allotment is still pending, as the bid closes today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A 13.16% jump in Shining Tools IPO GMP suggests the estimated listing price per share will be around Rs 129.
It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation.
Shining Tools IPO Dates
| IPO Open Date | 7th November 2025 |
| IPO Close Date | 11th November 2025 |
| Allotment | 12th November 2025 |
| Refund Date | 13th November 2025 |
| IPO Listing Date | 14th November 2025 |
Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.
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