IPO IPO-Synopsis
Shining Tools Ltd

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Registered Office: Survey No.63/2 Plot #.2 Rajkot,Gondal Highway Pipaliya Gondal , Rajkot - 360311 , Gujarat , India.
Phone : +91 97267 44244   Fax:
Email :  info@tixnatools.com  
Website :  www.tixnatools.com
Initial public issue of 15,00,000 equity shares of face value of Rs10/- each (the "equity shares") of Shining Tools Limited ("the company" or "STL" or "the issuer") at an issue price of Rs114/- per equity share for cash, aggregating Rs17.10 crores ("public issue") out of which 75,600 equity shares of face value of Rs10/- each, at an issue price of Rs114/- per equity share for cash, aggregating Rs0.86 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 Rs10/- each, at an issue price of Rs114/- per equity share for cash, aggregating Rs16.24 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: Rs114 per equity share of face value of Rs10 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-25 11-Nov-25 Rs114.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs 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 Rs114.00  
Projects
Purchase and installation of plant and machinery for carbide precision tools at existing premisesFunding of working capital requirements
Purchase of software for automationGeneral corporate purposes
Promoted By
Vipulbhai Laljibhai Ghonia
Kamalbhai Laljibhai Ghonia
Jayaben Laljibhai Ghonia
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd