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IPO Details


Shining Tools Ltd
Registered Office: Survey No.63/2 Plot #.2 Rajkot, Gondal Highway Pipaliya Gondal, Rajkot - 360311, Gujarat
Phone: +91 97267 44244
Email: info@tixnatools.com
Website: www.tixnatools.com
Initial public issue of 15,00,000 equity shares of face value of Rs.10/- each (the "equity shares") of Shining Tools Limited ("the company" or "STL" or "the issuer") at an issue price of Rs.114/- per equity share for cash, aggregating Rs.17.10 crores ("public issue") out of which 75,600 equity shares of face value of Rs.10/- each, at an issue price of Rs.114/- per equity share for cash, aggregating Rs. 0.86 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of 14,24,400 equity shares of face value of Rs.10/- each, at an issue price of Rs.114/- per equity share for cash, aggregating Rs. 16.24 crores is herein after referred to as the "net issue". The public issue and net issue will constitute 26.51% and 25.17%, respectively of the post-issue paid-up equity share capital of the company. Price: Rs. 114 per equity share of face value of Rs. 10 each. The issue price is 11.4 times the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
07-Nov-2025 11-Nov-2025 114.00 0.00
Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0
()Cr. Lead Managers to the Issue
Project Cost 15.40 Sobhagya Capital Options Pvt Ltd
Project Financed through Current Offer 17.10
Post Issue Equity Share Capital 5.66
Issue Price 114.00
Projects
Purchase and installation of plant and machinery for carbide precision tools at existing premises
Purchase of software for automation
Funding of working capital requirements
General corporate purposes
Promoted By
Vipulbhai Laljibhai Ghonia
Kamalbhai Laljibhai Ghonia
Jayaben Laljibhai Ghonia
Listing At
BSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

84,562.78 84.11 (0.10%)

Nifty

25,910.05 30.90 (0.12%)

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