Shining Tools Ltd IPO

Issue:₹114

List:₹104

CMP:₹60.6

NSELot: 1200Capital Goods-Non Electrical Equipment

LISTEDSME

Issue Price₹114

Listing₹104

Current₹60.6

Price Band

₹114 - ₹114

Lot Size

1,200

Issue Size

₹17.1 Cr

GMP

₹0

Subscription

0.49x

Content

IPO Schedule

Open

7 Nov

11 Nov

Allotment

12 Nov

Listing

14 Nov

About Shining Tools Ltd

Shining Tools Ltd. is an SME focused on manufacturing and supplying high-quality tools, catering to various industries. The company aims to leverage the IPO proceeds to expand its manufacturing capacity and market reach.

Subscription Status

QIB

0.00x

NII

0.35x

Retail

0.63x

Category	Day 3	Day 2	Day 1
QIB	0.00x	0.00x	0.00x
NII	0.43x	0.31x	0.35x
Retail	1.87x	1.22x	0.63x
Total	1.15x	0.76x	0.49x

Risk Factors

•SME segment IPOs are subject to higher volatility and liquidity risks.

•Dependence on specific industries or customers could impact revenue if those sectors experience a downturn.

•Competition from larger, more established players in the tools manufacturing industry.