Shining Tools Limited, incorporated in May 2013 in Gujarat, specializes in designing and manufacturing high-performance solid carbide cutting tools under its brand 'TIXNA.' Operating from its plant in Rajkot, Gujarat, the company caters to diverse industries across India, delivering innovative tooling solutions. Its product portfolio includes end mills, thread mills, drills, and reamers, primarily used in commercial metal-cutting operations on CNC machines like Horizontal and Vertical Machining Centres (HMCs and VMCs) and turn-mill centres. These cutting tools are engineered to operate at high speeds and feed rates, efficiently machining metals such as cast iron, forgings, steel, and aluminum.
In addition to standard tool sets, the company offers customized tooling solutions tailored to specific customer requirements. Leveraging modern software tools like Walter Helitronic Tool Studio and Siemens Powershape, Shining Tools Limited ensures precision in its designs. Its services also extend to reconditioning, including regrinding, re-sharpening, and coating, aimed at enhancing the performance and longevity of used tools.
The company places a strong emphasis on quality control, utilizing advanced German machines for inspection. The Zoller Genius-3s and Zoller Smart Check 450 machines provide 5-axis and 3-axis quality checks, respectively, with the 5-axis machine being reserved for more complex geometries. These quality checks form the foundation for delivering high-performance tools that meet stringent technical specifications.
With a strategic manufacturing location near key industrial areas like Shapar and Vavadi, Shining Tools Limited benefits from proximity to numerous small and medium-scale industries. The company is now planning to raise capital through an IPO with a fresh issue of 1,500,000 equity shares, positioning itself to expand its operations and strengthen its market presence.
