
Shining Tools
14 Nov '25SME
Min. Investment
₹2,73,600
Issue size
₹17.1 Cr
GMP
Locked
Current subscription status: --
Check allotment status
Expert verdict

IPO dates
07 Nov
Opening
11 Nov
Closing
12 Nov
Allotment
14 Nov
Listing
*Refunds will be initiated on 13 Nov '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,73,600 |

Subscription (as on 18 November 2025, 10:30 AM)
Overall-
About company
Founded: 2013|MD: Mr Vipulbhai Laljibhai Ghonia
- Shining Tools is engaged in the design and manufacture of high-performance solid carbide cutting tools used in various industries in India. The company produces end mills, thread mills, drills, and reamers designed for CNC machines such as horizontal machining centres (HMCs), vertical machining centres (VMCs), and turn-mill centres. It also provides services such as tool reconditioning, regrinding, re-sharpening, and coating to extend tool life and performance.
- The company operates a manufacturing facility in Rajkot, Gujarat, where it produces standard and customised cutting tools in different grades and specifications.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹114 to 114
Face value
₹10 per share

Financials
IPO reservation
Retail - 47.48%
FAQs
Should I apply for the Shining Tools IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Shining Tools IPO?
The issue size of Shining Tools IPO is ₹17.1 Cr
What are the open and close dates for Shining Tools IPO?
The Shining Tools IPO will be open for applications from 07 Nov '25 to 11 Nov '25
What is the lot size and minimum order quantity of Shining Tools IPO?
The lot size of Shining Tools IPO is 1200 Shares and its minimum investment amount is ₹2,73,600.
What is the GMP value of Shining Tools IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Shining Tools IPO is 7.02

