Shining Tools IPO Live Subscription Status: IPO Subscribed 0.96 Times | Day 3

Rajkot, November 11: Shining Tools IPO live subscription status has been updated. As of 1:00 PM, the Shining Tools IPO has been subscribed by a total of 0.96 times, receiving bids for 13,65,600 shares, against 14,25,200 shares on offer. Retail Investors have subscribed to the Shining Tools IPO by 1.58 times, bidding for 11,25,600 shares, against 7,12,600 shares on offer. Lastly, Non-Institutional Buyers have subscribed to the Shining Tools IPO by 0.34 times, bidding for 2,40,000 shares, against 7,12,600 shares on offer.

Key Details About Shining Tools IPO

The ₹17.10 crore Shining Tools IPO is a fresh issue of 0.15 crore shares with no offer for sale element. Shining Tools IPO opened on November 7, and will close today, on November 11. Shining Tools IPO price band is fixed at ₹114 per share. The lot size is 1,200 shares per application, amounting to a minimum investment of ₹2,73,600 by a retail investor (2,400 shares), at the upper price band.

The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹4,10,400. The allotment status for Shining Tools IPO is expected to be finalised on November 12. The company is expected to credit the shares and initiate refunds on November 13. The shares of the company are expected to list on BSE SME on november 14.

Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aftertrade Broking Pvt.Ltd..

Shining Tools IPO 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.

What’s Ahead for Shining Tools IPO?

Shining Tools IPO has entered its last day of bidding. Shining Tools IPO live subscription status shows that the IPO is yet to be fully subscribed. However, it is very close to being fully subscribed with a current subscription of 0.96 times. After today, the Shining Tools IPO will move to its next phase of share allotment, and will subsequently list on BSE SME tentatively on November 14. Investors will track the Shining Tools IPO live subscription status, and hope for a successful share allotment.

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