Shining Tools Limited IPO
Shining Tools Limited, established in 2013 and headquartered in Rajkot, Gujarat, is engaged in the design and manufacturing of high-performance solid carbide cutting tools. The company caters to diverse industries across India, providing both standardized and customized tooling solutions. With a strong emphasis on innovation, quality, and precision, Shining Tools has emerged as a trusted partner for CNC machining applications.
Business Model
Shining Tools operates through two primary verticals:
1. Manufacturing of Solid Carbide Tools – Both standardized (8–10 days production cycle) and customized tools (1–3 weeks cycle depending on complexity).
2. Reconditioning Services – Regrinding, re-sharpening, and re-coating of tools (including third-party brands) to restore original geometry and performance.
Re-coating services are outsourced to industry leaders like Oerlikon Balzers Coating India Pvt Ltd and Nissin Advanced Coating Indo Pvt Ltd.
Products and Services
The company manufactures a comprehensive range of cutting tools such as end mills, thread mills, drills, and reamers, designed for high-speed machining of materials like solid carbide, steel, aluminium, cast iron, and forgings.
In addition to manufacturing, Shining Tools provides reconditioning services—including regrinding, re-sharpening, and re-coating—to extend tool life and reduce customer costs. About 69% of FY 2024-25 revenue and an average of 53.28% over the past three years comes from customized tool manufacturing.
Technology and Quality Control
Every stage of production—from design to final inspection—is monitored through non-contact optical CNC inspection systems to minimize human error. The company uses advanced design software such as Walter Helitronic Tool Studio and Siemens Powershape for customized tool design.
An in-house ERP system (NativeBit) manages inventory, production, and billing, while a 50 kW rooftop solar plant supports sustainable manufacturing and business continuity.
Brand and Market Position
Operating under its own brand since 2013, Shining Tools has built a reputation for precision engineering and reliability. Its focus on customization, quality control, and client support distinguishes it in India’s precision tooling industry. The company’s consistent performance, technical expertise, and customer-centric approach continue to drive its growth trajectory in the domestic manufacturing sector.
Objects of the Shining Tools Limited IPO:
Shining Tools Limited IPO Details:
| Open Date: | Nov 07 2025 | 
| Close Date: | Nov 11 2025 | 
| Total Shares: | 15,00,000 | 
| Face Value: | ₹ 10 Per Equity Share | 
| Issue Type: | Fixed Price | 
| Issue Size: | 17.10 Cr. | 
| Lot Size: | 1200 Shares | 
| Issue Price: | ₹ 114 Per Equity Share | 
| Listing At: | BSE SME | 
| Listing Date: | Nov 14 2025 | 
Promoters And Management:
Financials of Shining Tools Limited IPO:
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