GMP IPO
📋 Filings Intelligence
About Contact
LIVE - Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement - financial results, order wins, dividends, mergers and more. Updated live.

-
Filed today
-
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings -

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Shining Tools Ltd

Shining Tools Ltd: IPO Fund Use Deviation Statement for H1 FY27

FUNDRAISE ● No Immediate Change LOW RISK
📅 Filed on BSE: 05 Nov 2026, 06:31 PM IST  ·  BSE ID: 66c5a892-3a96-4a65-ab0c-c7136e38c352
View Original BSE Filing (PDF)
💡
In Simple Terms
The company confirmed it spent its IPO money exactly as planned, with no surprises.
🤖 AI Summary
  • Shining Tools Ltd filed IPO fund utilization statement for H1 FY27.
  • No deviation or variation was reported in fund usage.
  • Total IPO funds raised amounted to Rupees 17.10 Crores.
  • Funds allocated for plant, machinery, working capital, and corporate needs.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Amount Raised
Rupees 17.10 Crores
Fund Utilization for half year ended
September 30, 2026
Original Object Allocation Total
1710.00 Lakhs
Modified Object Allocation Total
1709.63 Lakhs
Funds Utilised Total
1709.63 Lakhs
🏢 How This Affects the Company
💰
Financial Impact
The company has adhered to its stated use of IPO proceeds, indicating financial discipline in fund deployment.
⚠️
Risk Impact
Confirmation of adherence to IPO fund utilization plans mitigates one potential area of regulatory or investor concern.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this filing.
👤
Who Is Affected
All shareholders are informed of the company's compliance with its IPO fund utilization commitments.
🔍
Management Signal
This filing signals management's commitment to transparent financial reporting and adherence to its stated business objectives.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Next IPO fund utilization statement for H2 FY27.
Confirmation of ongoing operational deployment of IPO funds.
Future financial results statements for FY27.
LOW RISK This is a standard regulatory disclosure confirming adherence to IPO fund usage.
💡 Investor Takeaway
Shining Tools Ltd confirmed no deviation in the utilization of Rupees 17.10 Crores raised from its IPO for the half-year ended September 30, 2026. All allocated funds were utilized as planned.
⚖️ Strengths & Concerns

✅ Positives

  • Company reported zero deviation in the utilization of Rupees 17.10 Crores raised via IPO.
  • All allocated funds for plant, machinery, working capital, and general purposes were utilized as planned.
❓ Frequently Asked Questions
What is Shining Tools Ltd's IPO fund utilization for H1 FY27?
Shining Tools Ltd reported no deviation in the utilization of Rupees 17.10 Crores raised from its IPO for the half-year ended September 30, 2026.
How much did Shining Tools Ltd raise in its IPO?
Shining Tools Ltd raised Rupees 17.10 Crores through its Public Issue (Fixed Price SME IPO).
What were the planned uses for the IPO funds raised by Shining Tools Ltd?
Funds were allocated for purchase and installation of plant and machinery, funding working capital requirements, general corporate purposes, and IPO related expenses.
Did Shining Tools Ltd have any deviation in its IPO fund usage?
No, Shining Tools Ltd confirmed there was no deviation or variation in the utilization of funds raised under Regulation 32.

Questions based on this BSE filing only. For information purposes.

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again - explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector - takes 5 seconds.