Shining Tools Secures Material Domestic Manufacturing Order

Rajkot-based Shining Tools Limited announces a new commercial supply contract valued at approximately $95,292 (₹2.00 crore) for precision carbide tools.

Contract Scope and Execution Parameters

The newly acquired commercial order requires Shining Tools Limited to manufacture and supply 50 quantities of specialized brazed carbide anvils. According to official corporate disclosures, the transaction is strictly domestic and independent of any related-party dealings, with zero promoter or group company interest in the awarding entity.

The production and delivery timeline is mandated for completion within a six-month window, featuring payment terms set at 100% upon successful delivery. Management notes that execution will leverage the company's existing manufacturing capabilities based out of Rajkot, Gujarat.

Market Significance and Industrial Impact

For industrial clients, machine-tool consumers, and market investors, steady commercial order inflows highlight ongoing demand for high-precision components in heavy manufacturing and tooling applications.

Market analysts point out that fulfilling specialized supply mandates on strict delivery schedules helps validate the technical competencies of small-cap engineering firms following recent capital expansions and initial public offering initiatives.

Quote Section

"According to officials, the contract has been awarded for the supply of brazed carbide anvils under standard commercial terms, with full execution slated within a six-month timeframe."

Why It Matters

Securing reliable industrial supply contracts ensures steady operational utility for precision engineering firms. For stakeholders, consistent execution of domestic mandates supports revenue visibility and strengthens commercial standing within the competitive cutting-tools market.

Key Facts at a Glance

• Contracting Entity: Shining Tools Limited.

• Client: Chandan Process.

• Order Value: ₹2,00,60,000 (approx. $95,292 USD inclusive of 18% GST).

• Deliverables: 50 quantities of Brazed Carbide Anvils.

• Execution Window: Within 6 months.

FAQ Section

What is the financial value of the order received by Shining Tools?

The order carries a total commercial value of ₹2,00,60,000 (inclusive of 18% GST), which translates to approximately $95,292 USD.

What products are being supplied under this contract?

The company is supplying 50 quantities of specialized brazed carbide anvils.

What are the delivery and payment terms?

The order is scheduled for completion within six months, with full payment due upon delivery.

Where can official disclosures regarding this contract be accessed?

Official filings and updates are archived regularly on the BSE India Portal.

Source: BSE India, ScanX, Concall Updates