November, 04 2025 Tuesday 09:28 Hrs
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IPO Synopsis

Shining Tools Ltd
  • 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 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.
Issue
Opens On Closes On
07-Nov-25 11-Nov-25
Money Payable On
Application Allotment
114.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 15.40 Sobhagya Capital Options Pvt Ltd
Project Financed through Current Offer (.Cr) 17.10  
Post Issue Equity Share Capital (.Cr) 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
Maashitla Securities Pvt Ltd
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