Shining Tools Ltd IPO

LISTED

SME

NSE • Lot Size: 1200 • Capital Goods-Non Electrical Equipment

Issue₹114

→

Listed₹104-9%

→

Now₹60.8-46.7%

↓46.7%

*Last updated on 11 Jan 2026

Price Band

₹114 - ₹114

Lot Size

1200

Issue Size

₹17.1 Cr

GMP

N/A

Subscription

1.15x

Analyzing...

IPO Schedule

Open

7 Nov 2025

11 Nov 2025

Allotment

12 Nov 2025

Listing

14 Nov 2025

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.

Key Strengths

High Return on Equity (ROE) of 49.59% demonstrates efficient capital utilization and profitability.
Relatively low Price-to-Earnings (P/E) ratio of 16.18 compared to industry averages may indicate undervaluation.
Focus on a specialized segment within the broader tools market.
Established relationships with key suppliers and customers.
Experienced management team with a proven track record.

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.

Valuation Analysis

The IPO appears reasonably priced based on the P/E ratio; however, investors should carefully consider the risks associated with SME IPOs and conduct thorough due diligence before investing.