Shining Tools Limited

Manufacturer of high-quality solid carbide tools and provides regrinding and coating services.

2013 | Rajkot, Gujarat (India) | Active
Last Updated:

Shining Tools Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 4.16 Cr
  • Company Age 11 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.18 Cr
  • Satisfied Charges ₹ 8.13 Cr
  • Revenue Growth 26.84%
  • Profit Growth -13.59%
  • Ebitda 17.22%
  • Net Worth 2.14%
  • Total Assets 3.78%

About Shining Tools

Shining Tools Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 2013 and has a history of 11 years and ten months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 4.16 Cr.

The company currently has active open charges totaling ₹8.18 Cr. The company has closed loans amounting to ₹8.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shining Tools Limited India are Abhishek Arvindbhai as CFO and Sneha Shah as Company Secretary. Kamalbhai Ghonia, Vipulbhai Ghonia, Kiranben Ghonia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tixnatools.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220GJ2013PLC074803

  • Company No.

    074803

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Shining Tools Limited offer?

Shining Tools Limited offers a wide range of products and services, including Drill Bits, Center Drills, Cutting Tools & Milling Cutter, Cutting Tools, Drilling Bits, Collets and Chucks, Carbide Drills, Solid Carbide Drill, HSS Milling Cutters, Solid HSS End Mills, Spot Drill.

Who are the key members and board of directors at Shining Tools?

Executive Team (3)

NameDesignationAppointment DateStatus
Vipulbhai Ghonia Country flag representing In Managing Director01-May-2013Current
Abhishek Arvindbhai CFO15-Nov-2024Current
Sneha Shah Company Secretary16-Nov-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Kamalbhai Ghonia Country flag representing In Whole-Time Director 01-May-2013Current
Kiranben Ghonia Country flag representing In Director 21-Mar-2024Current
Shyam Kapadia Additional Director 07-Nov-2024Current
Grishma Shewale Additional Director 07-Nov-2024Current
Chand Kanabar Country flag representing In Additional Director 07-Nov-2024Current

Financial Performance of Shining Tools.

Shining Tools Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.84% increase. The company also saw a substantial fall in profitability, with a 13.59% decrease in profit. The company's net worth moved up by a moderate rise of 2.14%.

Shining Tools revenue growth over time
Shining Tools profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
26.84%
Revenue from Operations
26.56%
Total Assets
3.78%
Profit or Loss
-13.59%
Net Worth
2.14%
EBITDA
17.22%

What is the Ownership and Shareholding Structure of Shining Tools?

In 2022, Shining Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.18 Cr

Satisfied Charges

₹8.13 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 6.90 Cr
  • Intec Capital Limited : 0.71 Cr
  • Others : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Canara Bank₹6.90 CrOpen
23 Apr 2018Others₹5.60 MOpen
31 Aug 2015Intec Capital Limited₹7.14 MOpen
15 Sep 2015Dewan Housing Finance Corporation Limited₹1.08 CrSatisfied
31 Aug 2015Intec Capital Limited₹7.14 MSatisfied

How Many Employees Work at Shining Tools?

Shining Tools has a workforce of 32 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Shining Tools Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shining Tools, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shining Tools's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shining Tools

Recent activity within the organization

  • Director Appointment

    Sneha Dhaval Shah was appointed as a Company Secretary was appointed as a Company Secretary on 16 Nov 2024 & has been associated with this company since 3 months 18 days .

  • Director Appointment

    Abhishek Dobaria Arvindbhai was appointed as a Cfo was appointed as a Cfo on 15 Nov 2024 & has been associated with this company since 3 months 19 days .

  • Director Appointment

    Shyam Bhadresh Kapadia was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 3 months 27 days .

  • Director Appointment

    Grishma A Shewale was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 3 months 27 days .

  • Director Appointment

    Chand Rameshbhai Kanabar was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 3 months 27 days .

  • Charges

    A charge with Canara Bank of Rs. 6.90 Cr registered on 27 Mar 2024 with Charge ID 100911464 was modified on 19 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Shining Tools Limited?

    Shining Tools Limited was incorporated on 01 May 2013.

  • What is authorized share capital and paid-up capital of Shining Tools Limited?

    The authorized share capital of Shining Tools Limited is ₹ 6.50 Cr and paid-up capital is ₹ 4.16 Cr.

  • Who are the current board members & directors of Shining Tools Limited?

    Currently 8 directors are associated with Shining Tools Limited.

    • Kamalbhai Laljibhai Ghonia
    • Vipulbhai Laljibhai Ghonia
    • Kiranben Vipulbhai Ghonia
    • Shyam Bhadresh Kapadia
    • Grishma A Shewale
    • Chand Rameshbhai Kanabar
    • Abhishek Dobaria Arvindbhai
    • Sneha Dhaval Shah

  • What is the registered address of Shining Tools Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shining Tools Limited is Survey No.63/2 Plot No. 2 Rajkot-Gondal Highway At: Tal:Gondal, Dist: Rajkot India, Pipaliya, Gujarat, 360311.

  • What is the corporate identification number (CIN) and company number of Shining Tools Limited?

    The corporate identification number (CIN) of Shining Tools Limited is U29220GJ2013PLC074803 and the company number is 074803 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Shining Tools Limited?

    The Official website of Shining Tools Limited is https://www.tixnatools.com

  • What has been the recent revenue trend for Shining Tools Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Shining Tools Limited has risen by 26.84%.

  • How many employees does Shining Tools Limited currently have?

    As Per 2022 financial reports, 32 employees are currently employed by Shining Tools Limited.

  • What change has been observed in the net worth of Shining Tools Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Shining Tools Limited has experienced an upsurge of 2.14%.

  • What are the total open charges for Shining Tools Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Shining Tools Limited amount to ₹ 8.18 Cr.

  • When was the last Balance Sheet of Shining Tools Limited filed with the ROC?

    The most recent Balance Sheet for Shining Tools Limited was filed with the ROC on 31 Mar 2023.

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