Shining Tools IPO subscribed over 0.49x on day 1

By Jagat Joshi
Last Updated on November 7, 2025
6:37 pm

Shining Tools IPO Subscription Status

Shining Tools IPO subscribed over 0.49x on its first day till 05.00 PM on November 7, 2025.

Shining Tools IPO subscription QIB investors’ portion is 0.00x times, while NII subscribers subscribed 0.35x times, and RII investors subscribed 0.63x times.
The company has received bids for 6,98,400 shares against 14,25,200 shares on offer on the first day.
Shining Tools IPO subscribed over 0.49x on its day 1.

About Shining Tools IPO

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.

Shining Tools IPO GMP:

Shining Tools IPO GMP was ₹15 as of Friday, November 7, 2025. That indicates the IPO is trading at ₹129 with a ₹15 premium in the grey market against the issue price of ₹114.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.