Shining Tools IPO Subscription Status
Shining Tools IPO subscribed over 0.76x on its second day till 05.00 PM on November 10, 2025.
- Shining Tools IPO subscription QIB investors’ portion is 0.00x times, while NII subscribers subscribed 0.31x times, and RII investors subscribed 1.22x times.
- The company has received bids for 10,87,200 shares against 14,25,200 shares on offer on the second day.
- Shining Tools IPO subscribed over 0.76x on its day 2.
- 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 ₹2 as of Monday, November 10, 2025. That indicates the IPO is trading at ₹116 with a ₹2 premium in the grey market against the issue price of ₹114.
