Shining Tools IPO is to open on November 7, 2025. It is a SME IPO that will raise ₹17.10 crores. The Shining Tools IPO price band is fixed at ₹114 with a market lot of 2,400 Shares.
Shining Tools IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain |
| 14 Nov | ₹- | – | -% |
| 13 Nov | ₹- | – | -% |
| 12 Nov | ₹- |  | -% |
| 11 Nov | ₹2 | | 1.75% |
| 10 Nov | ₹2 | | 1.75% |
| 8 Nov | ₹7 | | 6.14% |
| 7 Nov | ₹15 |  | 13.15% |
Shining Tools IPO Details
| IPO Open Date | November 7, 2025 |
| IPO Close Date | November 11, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹114 Per Share |
| Issue Size | Approx ₹17.10 Crores |
| Fresh Issue | Approx ₹17.10 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Shining Tools IPO Dates
| IPO Open Date: | November 7, 2025 |
| IPO Close Date: | November 11, 2025 |
| Basis of Allotment: | November 12, 2025 |
| Refunds: | November 13, 2025 |
| Credit to Demat Account: | November 13, 2025 |
| IPO Listing Date: | November 14, 2025 |
| IPO Bidding Cut-off Time: | November 11, 2025 – 5 PM |
Business Overview
Shining Tools Limited, founded in May 2013, is a prominent company involved in the designing and manufacturing of high-performance solid carbide cutting tools serving a wide range of industries in India. The company caters to various industries, including Agriculture, Automobiles, Engineering, Medical, Casting, Defence, Aerospace, and Power. They also offer reconditioning for old and used tools to make them last longer and work better.
The company offers a wide range of high-quality cutting tools, such as end mills, thread mills, and drills, under the “Tixna” brand. These tools are efficiently made to cut different metals, such as solid carbide, cast iron, steel, forgings, and aluminium. Shining Tools Manufacturing is situated in Rajkot, Gujarat, and makes different types of tools in various shapes, sizes, and specifications. Moreover, the company also designs customized tools based on the customer’s requirements.
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