The Shining Tools IPO allotment has been finalised, marking a key milestone for investors who participated in the issue. Through this article, investors can learn how to check their allotment status online via the NSE, BSE, and the registrar’s official portal. It also covers key IPO details, category-wise allocation, subscription status, and an overview of the company’s operations and business model.
The Shining Tools IPO, a fixed-price issue on the BSE SME platform, aimed to raise ₹17.10 crore through 15 lakh fresh shares priced at ₹114 each. The subscription ran from November 7–11, 2025, with allotment on November 12 and a tentative listing on November 14. Investors applied in lots of 1,200 shares, with a minimum investment of ₹2,73,600 for retail and ₹4,10,400 for HNIs. Sobhagya Capital Options managed the issue, and Maashitla Securities served as the registrar.
The table below breaks down the Shining Tools share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Category | Shares Offered | Size (%) |
| Market Maker | 75,600 | 5.04% |
| Other* | 7,12,600 | 47.48% |
| Retail | 7,12,600 | 47.48% |
| Total | 15,00,800 | 100% |
Data Source: NSE
| Category | Subscription (Times) |
| NII* | 0.43x |
| Individual Investors | 1.87x |
| Total | 1.15x |
Note: The subscription details are as of November 11, 2025
Shining Tools is a precision engineering firm specialising in the design and manufacture of solid carbide cutting tools. Its core offerings—end mills, drills, and reamers—are built for high-performance CNC machines such as HMCs and VMCs. The company’s customised tooling solutions contribute nearly 53% of its overall revenue, reflecting its strength in tailor-made industrial products.
The company operates an ISO 9001:2015-certified production facility in Rajkot, equipped with advanced CNC systems like Walter Helitronic and Tool Grinding Technology machinery. To maintain stringent quality standards, Shining Tools employs German-engineered Zoller machines for both 3-axis and 5-axis inspections.
Supporting its sustainability and Business Continuity Plan (BCP), the facility is powered in part by a 50 kW rooftop solar plant that supplies clean energy for daily operations.
Beyond manufacturing new tools, Shining Tools also provides reconditioning services—including regrinding, re-sharpening, and coating—to restore tools to peak performance, helping clients extend tool life and reduce operational costs. Strategically located near key industrial hubs in Rajkot, the company ensures quick turnaround times and reliable service support for its expanding customer base.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 11, 2025, 5:18 PM IST
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