LIVE_ Shining Tools IPO Subscription Status

1. LIVE: Shining Tools IPO Subscription Status – Subscribed 0.76x on Day 2 Shining Tools IPO Subscription Status Live Update The Shining Tools IPO is now in its second day of subscription, and investor interest is gradually increasing. As of 5:00 PM on November 10, 2025, the Shining Tools IPO was subscribed 0.76 times, showing steady participation across investor categories. The Shining Tools IPO subscription status shows that Qualified Institutional Buyers (QIBs) have subscribed 0.00x times, meaning they are yet to make their bids. Non-Institutional Investors (NIIs) have subscribed 0.31x times, while Retail Individual Investors (RIIs) have shown strong demand with 1.22x times subscription. In total, the company has received bids for 10,87,200 shares against 14,25,200 shares on offer, marking a positive trend from Day 1 when the IPO was subscribed 0.49x times. Shining Tools IPO GMP Live The Shining Tools IPO GMP (Grey Market Premium) was around ₹2 as of Monday, November 10, 2025. This means the shares were trading at ₹116 in the grey market, slightly above the issue price of ₹114 per share. A small GMP indicates cautious optimism among traders, though it can fluctuate depending on the overall market mood before listing. About Shining Tools Limited Shining Tools Limited, founded in May 2013, is a well-known company that designs and manufactures high-performance solid carbide cutting tools. These tools are used in many industries such as automobile, aerospace, agriculture, defence, engineering, medical, casting, and power. The company also offers reconditioning services to improve the life and performance of old tools, making them more efficient and cost-effective for customers. Their products are sold under the “Tixna” brand, which includes a wide range of end mills, thread mills, and drills. These tools can cut materials like solid carbide, steel, cast iron, forgings, and aluminium with high precision. The manufacturing unit of Shining Tools Limited is located in Rajkot, Gujarat, where the company produces tools in various shapes, sizes, and designs to meet customer needs. They also provide customized cutting solutions based on the specific requirements of clients. Investor Outlook on Shining Tools IPO

2. The Shining Tools IPO subscription status live data shows growing confidence among retail investors. While institutional investors are yet to make major moves, the steady participation from retail buyers signals healthy interest in the company’s fundamentals. The company’s focus on innovation, customization, and serving multiple industries could help it grow further in the coming years. Final Thoughts – Should You Keep an Eye on Shining Tools IPO? With the Shining Tools IPO nearing full subscription on Day 2 and a steady GMP at ₹2, investor sentiment appears positive but cautious. Retail participation remains strong, demonstrating faith in the company’s business model and growth potential. For investors looking for exposure in the manufacturing and industrial tools sector, Shining Tools IPO could be worth tracking closely before the final subscription day.