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Shining Tools Ltd

Registered Office : Survey No.63/2 Plot #.2 Rajkot,Gondal Highway Pipaliya Gondal,Rajkot Gujarat 360311 Phone : +91 97267 44244
Fax :

Email : info@tixnatools.com

Website : www.tixnatools.com

Initial public issue of 15,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Shining Tools Limited ("the Company" or "ACL" or "the Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 75,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs.[*] 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 Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] %, respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. [*] is [*] times of the face value risk in relation to the first issue.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

5.66

0.00

Sobhagya Capital Options Pvt Ltd

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

Listing At

BSE - SME

Registrar to the Issue

ACCURATE SECURITIES & REGISTRY