Shining Tools IPO Subscription Day 2: Check Online

Posted by : sachet | Mon Nov 10 2025

Check Expert’s Verdicts on Shining Tools IPO

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.

Table of Contents

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 0.55 times. Of these, 0.84 times are subscribed by retail investors, 0.26 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 10th November 2025.

The grey market premium for this IPO is 1.75% or Rs 2 per share. It indicates that the estimated listing price per share is Rs 116. 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
10-11-2025	₹114.00	₹2.00	₹116.00	1.75%
9-11-2025	₹114.00	₹2.00	₹116.00	1.75%
8-11-2025	₹114.00	₹2.00	₹116.00	1.75%
7-11-2025	₹114.00	₹2.00	₹116.00	1.75%
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 1.75% jump in Shining Tools IPO GMP suggests the estimated listing price per share will be around Rs 116.

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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