If you’re considering investing in the Shining Tools IPO, there are a few key details you should definitely know before subscribing. The IPO has caught the attention of many investors looking to capitalize on potential growth opportunities in the manufacturing sector. Here’s a comprehensive overview to help you make an informed decision.

The IPO is set with a fixed price band of Rs 114 per share. This means the company has priced its shares at a uniform rate, providing clarity to investors on what to expect when they apply. Unlike some IPOs that have a price range, Shining Tools has settled on a definitive price point.

Another important aspect to note is the lot size for the IPO. Investors must apply in multiples of 1,200 shares, and the minimum subscription amount comes to roughly Rs 1,36,800. This stamp of minimum investment ensures that only serious investors with a mid-to-large-sized capital commitment participate.

In terms of timing, the IPO opens on November 6, 2025, and will remain open till November 10, 2025. This gives investors a five-day window to submit their bids. If you’re planning on investing, mark your calendar and make sure you don’t miss the deadline.

One factor investors often look at to gauge immediate market sentiment is the Grey Market Premium (GMP). For Shining Tools, the GMP is currently hovering around Rs 114. This indicates that the demand in unofficial trading channels aligns with the IPO price, meaning investors are not currently paying over the list price, suggesting modest demand—or at least a balanced expectation about the stock’s near-term performance.

The company aims to raise approximately Rs 17.10 crore through this IPO. The funds raised will be used for expansion of manufacturing facilities, procurement of machinery, and other operational enhancements. For investors, this underlines the company’s plans for growth and increased production capabilities in the near future.

It’s also essential to understand the sector and market context. Global cues have been mixed recently, with some volatility impacting markets worldwide. However, manufacturing and tools-related companies like Shining Tools often have their unique dynamics, driven by domestic industrial activity and infrastructure growth. Investors should monitor sector-specific developments to better assess the IPO’s potential.

To sum up, here are the essentials for Shining Tools IPO:
– Price Band: Rs 114 per share
– Lot Size: 1,200 shares
– Minimum Investment: Approximately Rs 1,36,800
– IPO Open Date: November 6, 2025
– IPO Close Date: November 10, 2025
– Grey Market Premium: Around Rs 114 indicating balanced demand
– Funds to be raised: Rs 17.10 crore

Whether you’re a seasoned investor or someone dipping your toes into IPOs for the first time, keeping these details in mind will help you evaluate if Shining Tools fits your investment strategy. Always consider your risk appetite and market conditions before making your final call on subscribing to the IPO.

Keep an eye on updates as the subscription period progresses, and best of luck if you decide to take part in this offering!