31 Mar 2023
Assets16.83
Total Income10.46
EBITDA1.89
Profit After Tax-0.08
NET Worth2.02
Reserves and Surplus0.02
Total Borrowing9.45
At a glance
Updated 2026-09-10Shining Tools is a SME IPO with an issue size of ₹17.10 crore, proposed for listing on BSE SME. The offer opens on 7th Nov 2025 and closes on 11th Nov 2025. The issue structure includes a fresh issue of ₹16.24 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹17.10 Cr
Fresh issue₹16.24 Cr
Face value₹10
Price band—–—
Allotment12th Nov 2025
Listing14th Nov 2025
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹114.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Nov 2025
Closes11th Nov 2025
Allotment12th Nov 2025
Refund13th Nov 2025
Demat13th Nov 2025
Listing14th Nov 2025
Subscription demand
Full bidding ↗Retail1.87×
Total1.15×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2400 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises | ₹9.07 Cr |
| Funding of Working Capital Requirements | ₹3.85 Cr |
| General Corporate Purposes | ₹2.48 Cr |
| Issue Expenses | ₹1.70 Cr |
| Total | ₹17.10 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue5.42₹ Cr · -63.3% vs prior year
EBITDA2.53₹ Cr · -59.4% vs prior year
PAT1.47₹ Cr · -49.8% vs prior year
Assets22.51₹ Cr · +14.6% vs prior year
Net Worth9.47₹ Cr · +18.2% vs prior year
Borrowing8.87₹ Cr · +8.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets15.05
Total Income10.60
EBITDA4.15
Profit After Tax1.58
NET Worth3.60
Reserves and Surplus1.60
Total Borrowing7.54
31 Mar 2025
Assets19.64
Total Income14.77
EBITDA6.23
Profit After Tax2.93
NET Worth8.01
Reserves and Surplus4.06
Total Borrowing8.18
31 Jul 2025
Assets22.51
Total Income5.42
EBITDA2.53
Profit After Tax1.47
NET Worth9.47
Reserves and Surplus5.53
Total Borrowing8.87
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 49.59% |
| ROCE | 29.61% |
| RoNW | 36.60% |
| PAT Margin | 27.19% |
| EBITDA Margin | 46.86% |
| Price to Book Value | 5.82 |
Valuation & shareholding
Pre-IPO EPS7.05
Post-IPO EPS7.78
Pre-IPO P/E16.18
Post-IPO P/E14.66
Promoter holding pre96.18%
Promoter holding post70.68%
Market cap₹64.51 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Shining Tools IPO | — | 14.66 x | — | — |
| Paluck Technologies IPO | — | 6.62 x | — | — |
| Sumax Engineering IPO | — | 15.05 x | — | — |
| Technocrats Plasma IPO | — | 16.26 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Purchase and installation of plant and machinery for Carbide Precision Tools at Existing Premises | ₹9.07 Cr |
| Funding of Working Capital Requirements | ₹3.85 Cr |
| General Corporate Purposes | ₹2.48 Cr |
| Issue Expenses | ₹1.70 Cr |
| Total | ₹17.10 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Sobhagya Capital Options Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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