Shining Tools IPO Lists at ₹104 on BSE SME, 8.8% Below Issue Price

Rajkot, November 14: Shining Tools IPO made a weak debut on BSE SME today. Shining Tools share price listed at ₹104, with a discount of 8.88% against the issue prize of ₹114. As of 1:10 PM, Shining Tools share price was down by 13.33%, or 15.20 points and was trading at ₹98.90. Until now, Shining Tools shares have traded within a range of ₹104 and ₹98.90. The traded volume for the Shining Tools stock stood at 88.80 thousand shares.

Shining Tools Limited (BSE SME: 544607) is an Indian company engaged in designing and manufacturing high-performance solid carbide cutting tools. Its products, which include end mills, drills, and reamers, are used in CNC machines across various industries. The company was established in 2013, and is headquartered in Rajkot, Gujarat.

Shining Tools IPO: Subscription Status

Shining Tools IPO was subscribed by a total of 1.15 times. Non-Institutional Buyers subscribed to the Shining Tools IPO by 0.43 times, while retail investors subscribed to the issue by 1.87 times.

Shining Tools Financial Highlights

As of 31 July 2025, the company reported assets of ₹22.51 crore, compared with ₹19.64 crore as of 31 March 2025, ₹15.05 crore as of 31 March 2024, and ₹16.83 crore as of 31 March 2023. Total income stood at ₹5.42 crore on 31 July 2025, down from ₹14.77 crore in FY25, but higher than ₹10.60 crore in FY24 and ₹10.46 crore in FY23. Profit after tax was ₹1.47 crore as of 31 July 2025, compared to ₹2.93 crore in FY25, ₹1.58 crore in FY24, while FY23 had a loss of ₹0.08 crore.

Investor Takeaway for Shining Tools

Shining Tools IPO listed at a sharp discount of 8.88% and is still witnessing negative demand. The debut of the Shining Tools IPO has disappointed investors. They will be hoping that the share price stabilises in the coming days and provides them with some return on their Shining Tools IPO investment.

REF: https://www.bseindia.com/stock-share-price/shining-tools-ltd/shtl/544607/

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