Shringar House of Mangalsutra IPO

Shringar House of Mangalsutra IPO is a book-built issue of Rs 400.95 crore, comprising a fresh issue of 2.43 crore shares. The IPO opens on September 10, 2025, and closes on September 12, with allotment expected on September 15 and listing on BSE and NSE scheduled for September 17. The price band is fixed at Rs 155–165 per share with a lot size of 90 shares, requiring a minimum retail investment of Rs 14,850. For sNII, the investment stands at Rs 2,07,900 (1,260 shares), while for bNII, it is Rs 10,09,800 (6,120 shares). Choice Capital Advisors is the lead manager, and MUFG Intime India is the registrar.

Shringar House of Mangalsutra IPO Details

Check out the issue details for Shringar House of Mangalsutra IPO as disclosed in SEBI.

IPO Price

₹ 165

Price Band

₹ 155 - 165

Issue Size

400.95 Cr.

Issue Type

Book Built

Open

2025-09-10

Close

2025-09-12

Listingprice

₹ 188.5

ListingGain

14.24%

Listing Date

2025-09-17

CMP

₹ 188.44

Current Return

14.21%

Shringar House of Mangalsutra News

Shringar House of Mangalsutra coming with IPO to raise upto Rs 401 crore8 Sep 2025, 5:26PM

Company Financials

You can get the following financial statements of Shringar House of Mangalsutra as of now.

Exchange

NSE: SHRINGARMS BSE: 544512

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Shringar House of Mangalsutra IPO Details

The details about the Shringar House of Mangalsutra IPO are as follows:

  • The issue size of the IPO is Rs 400.95 Cr.
  • The price band for Shringar House of Mangalsutra IPO is Rs 155 to Rs 165.
  • The shares of Shringar House of Mangalsutra IPO will list on BSE and NSE.
  • The latest tentative GMP of Shringar House of Mangalsutra IPO is Rs 32.
  • The shares of Shringar House of Mangalsutra IPO are subscribed 60.31 Times.

 

Shringar House of Mangalsutra IPO Valuation

The approximate valuation of Shringar House of Mangalsutra IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 165
Existing Shares (Qty) 7.21 Cr
Fresh Issue Rs 400.95 Cr
Market Cap Rs 1590.6 Cr
EPS (FY25) Rs 8.57
PE Ratio 19.25x
Industry PE 21.05x

 

Shringar House of Mangalsutra IPO Issue Size

Shringar House of Mangalsutra IPO issue size is Rs 400.95 Cr.

Issue Amount
Fresh Issue Rs 400.95 Cr
Offer For Sale Rs 0 Cr

 

Shringar House of Mangalsutra IPO Market Lot

An individual can apply for a minimum of 1 lot of 90 shares and a maximum of 13 lots (1,170 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 90 Rs 14,850
Retail Maximum 13 1,170 Rs 1,93,050

 

Shringar House of Mangalsutra IPO Share Offer

The shares of Shringar House of Mangalsutra IPO are subscribed 60.31 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Shringar House of Mangalsutra IPO GMP (Grey Market Premium)

As on GMP (Tentative)
10 September 2025 Rs 25
11 September 2025 Rs 31
12 September 2025 Rs 32

Shringar House of Mangalsutra IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Shringar House of Mangalsutra IPO Dates

Find below the dates for Shringar House of Mangalsutra IPO

Schedule Date
Basis of Allotment 15 Sep 2025
Refunds 16 Sep 2025
Credit to Demat Account 16 Sep 2025
IPO Listing Date 17 Sep 2025

 

You can check the Shringar House of Mangalsutra IPO Allotment by clicking on the button below. 

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 810.19 950.22 1101.52 1429.82
Total Expenditure 780.06 912.26 1051.8 1337.42
Operating Profit 30.13 37.95 49.72 92.39
Other Income 0.61 1.08 1.19 0.3
Interest 2.79 5.77 6.19 8.28
Depreciation 0.63 1.83 2.56 2.62
Exceptional Items 0 0 0 0
Profit Before Tax 27.32 31.44 42.16 81.8
Provision for Tax 7.06 8.08 11.05 20.68
Net Profit 20.27 23.36 31.11 61.11
Adjusted EPS (Rs.) 0.29 0.33 0.44 0.85

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 8.96 8.96 8.96 72.13
Total Reserves 73.4 96.77 127.89 128.71
Borrowings 33.69 17.07 5.61 2.58
Other N/C liabilities 4.86 4.09 3.06 2.05
Current liabilities 74.57 84.66 119.48 170.27
Total Liabilities 195.47 211.55 265 375.75
Assets
Net Block 19.81 20.08 18.47 19.16
Capital WIP 0 0 0 0
Intangible WIP 0 0 0 0
Investments 0 0 0 0
Loans & Advances 0.67 0.62 5.43 0.97
Other N/C Assets 30.94 31.88 31.35 30.84
Current Assets 144.06 158.97 209.76 324.77
Total Assets 195.47 211.55 265 375.75
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 74.8 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 27.32 31.44 42.16 81.8
Adjustment 2.89 6.59 8.11 10.89
Changes in Assets & Liabilities -56.22 -17.09 -49.52 -83.14
Tax Paid -3.52 -7.99 -16.02 -16.64
Operating Cash Flow -29.53 12.95 -15.26 -7.09
Investing Cash Flow -36.46 -2.77 -0.55 -2.96
Financing Cash Flow 68.83 -9.08 12.08 8.97
Net Cash Flow 2.84 1.1 -3.73 -1.08

Shringar House of Mangalsutra IPO: Date, Share Price, Review & Details

Shringar House of Mangalsutra, a prominent Mumbai-based jewellery company, is launching its Initial Public Offering (IPO) on September 10, 2025. The company specialises in the design, manufacture, and marketing of premium mangalsutras, a traditional gold necklace, and holds a significant position in the organised mangalsutra market in India.

About Shringar House of Mangalsutra Ltd.

Founded in 2009 by Chetan Thadeshwar and Mamta C. Thadeshwar, the company has deep roots in the goldsmith trade, dating back to the late 20th century. Shringar House of Mangalsutra operates primarily in the B2B segment, supplying 18k and 22k gold mangalsutras studded with American diamonds, pearls, cubic zirconia, and other semi-precious materials to a wide network of retailers, wholesalers, and corporate clients across India and some international markets. The company's integrated manufacturing facility and in-house design team allow it to maintain quality and cater to diverse customer preferences.

Shringar House of Mangalsutra IPO Details (2025)

  • IPO Open Date: September 10, 2025

  • IPO Close Date: September 12, 2025

  • Price Band: Rs 155 – Rs 165 per share

  • Lot Size: 90 shares

  • Minimum Investment: Rs 14,850 for retail investors

  • Issue Size: Rs 400.95 crore, consisting entirely of a fresh issue of up to 2.43 crore equity shares.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of September 17, 2025.

  • Registrar: MUFG Intime India Private Limited.

Use of IPO Proceeds

The net proceeds from the IPO will be utilised for:

  • Funding the company's working capital requirements.

  • General corporate purposes.

What You Can Find on This Page

This page provides a comprehensive overview of the Shringar House of Mangalsutra IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalized on September 15, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators from the company's DRHP.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about Shringar House of Mangalsutra IPO

Q1: What are the key dates for the Shringar House of Mangalsutra IPO?
The IPO is open from September 10 to September 12, 2025. The tentative listing date is September 17, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 155 to Rs 165 per share, with a minimum lot size of 90 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 400.95 crore, and it is a 100% fresh issue of shares.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, MUFG Intime India Private Limited, after the allotment date, which is scheduled for September 15, 2025.

For the latest updates on the Shringar House of Mangalsutra IPO, including subscription details, GMP, and listing information, keep visiting this page.

Read More
X