Shining Tools IPO is set to open on November 7, 2025, and close on November 11, 2025, with shares priced at ₹114 each. This SME IPO aims to raise ₹17.10 crores through a fresh issue of 15 lakh equity shares. Founded in 2013 and based in Rajkot, Gujarat, Shining Tools Limited specializes in designing and manufacturing high-performance solid carbide cutting tools under the “Tixna” brand. The company serves diverse industries including agriculture, automobiles, aerospace, and defense. Shining Tools IPO presents an opportunity for investors seeking exposure to the growing industrial manufacturing sector in India.
₹00
₹114
₹104.00
Expert Opinions
Market sentiment for Shining Tools IPO is cautiously optimistic, reflecting investor interest in niche manufacturing companies with robust financial metrics. The company’s strengths include precision engineering capabilities, a specialized product portfolio of solid carbide cutting tools, and a strong presence in automotive and industrial markets. Risks involve competition from domestic and global tool manufacturers, dependence on the cyclical industrial sector, and potential supply chain disruptions.
Valuation analysis of Financial Year 2025 reveals Shining Tools IPO with an impressive Return on Equity (ROE) of 49.59%, Return on Capital Employed (ROCE) of 29.61%, and a Net Asset Value (NAV) of ₹19.60, underscoring operational efficiency and asset utilization. From a long-term investment perspective, the IPO offers exposure to a growing industrial tools market supported by manufacturing growth and technology adoption, making it suitable for patient investors.
Investor Considerations
Investor considerations for Shining Tools IPO highlight a steadily performing company with a focus on manufacturing high-performance solid carbide cutting tools. The firm reported a PAT margin of 27.19% in FY 2025, reflecting profitability and operational efficiency. The sector outlook for engineering and industrial tools is positive, fueled by growth in automotive, aerospace, and manufacturing sectors.
Valuation metrics of Shining Tools IPO show a Price to Book Value of 5.82, and a manageable Debt to Equity ratio of 0.92, suggesting solid financial health. Growth prospects are driven by capacity expansion and increasing demand for precision cutting tools. Risks include cyclical industry trends, competition from both domestic and international players, and raw material price volatility. The IPO suits long-term investors seeking exposure to specialized manufacturing growth, while short-term investors should monitor market volatility and sector conditions.
| Date | GMP | Trend |
|---|---|---|
| 13 Nov 2025 11.01 | ₹00 | --- |
| 12 Nov 2025 19.48 | ₹00 | Down |
| 10 Nov 2025 20.16 | ₹3 | Up |
| 09 Nov 2025 12.02 | ₹2 | --- |
| 08 Nov 2025 19.36 | ₹2 | Down |
| 07 Nov 2025 19.21 | ₹7 | Up |
| 06 Nov 2025 10.15 | ₹00 | --- |
| 05 Nov 2025 19.28 | ₹00 | --- |
| 03 Nov 2025 13.34 | ₹00 | --- |
FAQs
The Grey Market Premium showed poor accuracy in predicting Shining Tools IPO’s listing performance. With a final GMP of ₹0, it projected a 0% change over the issue price of ₹114. The stock listed at ₹104, delivering a loss of 8.77%. This resulted in a large prediction error of 8.77%, where the GMP failed to signal the negative listing and significantly underestimated the actual loss, reflecting weak reliability in this case.
Shining Tools IPO Current GMP is ₹00.
Shining Tools IPO Expected Returns is 0.00%.
Shining Tools IPO estimated listing price is ₹114.