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Shining Tools Ltd
Registered Office:
Survey No.63/2 Plot #.2 Rajkot,Gondal Highway Pipaliya Gondal,
Rajkot - 360311,
Gujarat, India.
Phone : +91 97267 44244
Fax : NA
Email :
info@tixnatools.com
Website :
www.tixnatools.com
Initial public issue of 15,00,000 equity shares of face value of (
R
s
)10/- each (the "equity shares") of Shining Tools Limited ("the company" or "STL" or "the issuer") at an issue price of (
R
s
)114/- per equity share for cash, aggregating (
R
s
)17.10 crores ("public issue") out of which 75,600 equity shares of face value of (
R
s
)10/- each, at an issue price of (
R
s
)114/- per equity share for cash, aggregating (
R
s
) 0.86 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of 14,24,400 equity shares of face value of (
R
s
)10/- each, at an issue price of (
R
s
)114/- per equity share for cash, aggregating (
R
s
) 16.24 crores is herein after referred to as the "net issue". The public issue and net issue will constitute 26.51% and 25.17%, respectively of the post-issue paid-up equity share capital of the company. Price: (
R
s
) 114 per equity share of face value of (
R
s
) 10 each. The issue price is 11.4 times the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-Nov-25
11-Nov-25
114.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(
R
s
.Cr
)
Lead Managers to the Issue
Project Cost
15.40
Sobhagya Capital Options Pvt Ltd
Project Financed through Current Offer
17.10
Post Issue Equity Share Capital
5.66
Issue Price
114.00
Projects
Purchase and installation of plant and machinery for carbide precision tools at existing premises
Purchase of software for automation
Funding of working capital requirements
General corporate purposes
Promoted By
Vipulbhai Laljibhai Ghonia
Kamalbhai Laljibhai Ghonia
Jayaben Laljibhai Ghonia
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!