Shining Tools SME
Shining Tools SME
Shining Tools Limited, established in May 2013, is a manufacturer and reconditioner of high-performance solid carbide cutting tools under the **“Tixna”** brand. The company produces various tools like **end mills, drills, reamers, and thread mills**, which are essential for metal cutting operations in diverse industries such as **automotive, engineering, aerospace, and defense**. Shining Tools also offers custom tool design and **reconditioning services** to extend the life and performance of used tools. The manufacturing facility is strategically located in Gondal, Gujarat, enhancing quick response and logistics.
Investment Timeline
🤖 Smart Analysis
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🎯 Application Strategy
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Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- 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).
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