Shining Tools Limited Prepares for IPO Debut on BSE SME Platform
Shining Tools Limited, engaged in designing and manufacturing high-performance cutting tools, plans to go public with an IPO on November 7, 2025. The company seeks to finance new plant and machinery and meet its working capital needs. Revenue and profit margins have shown significant growth over recent years.
- Country:
- India
Shining Tools Limited is set to launch its Initial Public Offering (IPO) on November 7, 2025, aiming for a debut on the BSE SME platform. Specializing in high-performance carbide cutting tools, the company caters to multiple industries and boasts a significant portion of revenue from customized products.
With the objective to fund plant installation for Carbide Precision Tools and working capital requirements, Shining Tools reflects strong financial growth. Notable improvements in revenue, EBITDA, and profit margins have fueled their strategy, as outlined by Managing Director Mr. Vipulbhai Laljibhai Ghonia.
The IPO offers 7,12,200 equity shares each for retail and non-retail investors, with an additional allocation for the Market Maker. With Sobhagya Capital Options Pvt. Ltd. as Lead Manager, the company highlights the risks associated with equity investments in its prospectus.
ALSO READ
-
SBI and Amundi to Jointly Launch IPO for SBIFML, Targeting 2026 Completion
-
SEBI Overhauls Anchor Investor Framework to Boost Domestic Participation in IPOs
-
SBI to List Asset Management Arm in Strategic IPO Move
-
Tenneco Clean Air India Eyes Massive Rs 3,600 Crore IPO Launch
-
SEBI Chairman Defends Transparency Amid IPO Valuation Concerns