The manufactures and designs Mangalsutra company Shringar House of Mangalsutra IPO will be hit the market September 10, 2025 and closes on September 12, 2025. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹400.95 crore through IPO. The company will issue fresh shares of ₹400.95 crores through this IPO.
Shringar House of Mangalsutra Limited is a specialized jewellery manufacturer dedicated to designing and crafting Mangalsutras, one of India’s most significant symbols of tradition and culture. The company creates and markets an extensive collection of Mangalsutras featuring American diamonds, cubic zirconia, pearls, and semi-precious stones, crafted in 18k and 22k gold, catering primarily to the business-to-business (B2B) market. You can check Shringar House of Mangalsutra IPO GMP here.
| Read also: Upcoming IPO List 2025 |
The company with a strong client network, Shringar House of Mangalsutra serves corporate clients, wholesale jewellers, and retailers across 24 states and 4 union territories in India. The company has also expanded its footprint internationally between FY23 and FY25, reaching markets in the UK, New Zealand, UAE, USA, and Fiji. Its prestigious clientele includes leading jewellery and retail brands such as Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE).. You can check Shringar House of Mangalsutra IPO subscription status here.
As of March 31, 2025, the company had successfully served 34 corporate clients, 1,089 wholesalers, and 81 retailers Supported by a team of 237 employees as of June 30, 2025, reinforcing its position as a trusted B2B partner in the jewellery industry.
Object Of the Issue :
- Funding Working Capital requirements of the Company.
- General corporate purposes.
Company Strengths :
- Established client base and long-standing relationships with the clients.
- Design innovation and diversified product portfolio.
- Integrated Manufacturing Facility.
- Quality assurance and quality control of Mangalsutras.
- Continuously improving financial performance.
- Experienced Promoters and a professional management team.
Shringar House of Mangalsutra IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹61.11 Cr ₹165 /EQ 8.57 19.25x 36.20 % 36.20 % 25.95 % 0.61 ₹27.84 ₹375.75 Cr ₹1591.13 Cr 99.99 % – % |
| Team Review : | ✔ Apply for Long Term |
👉 Shringar House of Mangalsutra IPO Show Review ….👈
- ■ The company is engaged in designing and manufacturing of variety of Mangalsutra for B2B segment.
- ■ The company operating in a highly competitive and fragmented segment.
- ■ The company top & bottom line posted Strong reported in FY25.
- ■ The PE ratio of the company is costly.
- ■ The company Based on its recent financial data, the issue appears aggressively priced.
- ■ Based on FY25 the Investors can bid the long term with own suitable risk.
Shringar House of Mangalsutra IPO Date, Price & Details :
| IPO Open : | September 10, 2025 |
| IPO Close : | September 12, 2025 |
| Issue Type : | Book Building Issue |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹155 – ₹165 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹400.95 Cr {2,43,00,000 Shares} |
| Fresh Issue : | ₹400.95 Cr {2,43,00,000 Shares} |
| EMP Discount : | ₹15 |
| Reserved Quota : | [QIB: 50%] [NII: 15%] [RII: 35%] |
Shringar House of Mangalsutra IPO Market Lot :
Shringar House of Mangalsutra IPO Minimum Market lot is 1 Lot with 90 shares with ₹14,850 Application amount. The retail investors can apply up to 13 lots with 1170 Shares or ₹193,050 amounts.
| Application | Lot | Shares | Amount Cr |
| Retail Minimum : | 1 | 90 | ₹14,850 |
| Retail Maximum : | 13 | 1170 | ₹1,93,050 |
| S-HNI Minimum : | 14 | 1260 | ₹207,900 |
| S-HNI Maximum : | 67 | 6030 | ₹9,94,950 |
| B- HNI Minimum : | 68 | 6120 | ₹10,09,800 |
Shringar House of Mangalsutra IPO EPS & RoNW :
| Year | EPS (₹) | RoNW % | NAV (₹) |
| 2025 | 8.57 | 36.20 | 27.84 |
| 2024 | 4.29 | 25.65 | 19.29 |
| 2023 | 3.29 | 24.84 | 14.90 |
Shringar House of Mangalsutra IPO Peer Comparison PE :
| Company | PE | EPS | RONW | NAV |
| Utssav CZ Gold Jewels | 16.85 | 11.63 | 30.94 | 53.23 |
| RBZ Jewellers Ltd | 13.37 | 9.70 | 17.15 | 61.26 |
| Sky Gold & Diamonds | 28.73 | 9.52 | 28.59 | 46.61 |
Shringar House of Mangalsutra IPO Dates :
| Open Date : | September 10, 2025 |
| Close Date : | September 12, 2025 |
| Allotment Date : | September 15, 2025 |
| Refund Date : | September 16, 2025 |
| Share Credit Date : | September 16, 2025 |
| Listing Date : | September 17, 2025 |
Shringar House of Mangalsutra IPO Form :
You can apply through ASBA available in your bank account. Log in to your bank’s online portal, go to the IPO section, and select Shringar House of Mangalsutra IPO. You can also apply through an IPO form available on NSE and BSE websites. Download the form, fill it out, and submit it to your bank or broker.
Shringar House of Mangalsutra Company Financial Report (Cr) :
| Year | Revenue (₹) | Expense (₹) | PAT (₹) |
| 2025 | 1430.12 | 1348.32 | 61.11 |
| 2024 | 1102.71 | 1060.55 | 31.11 |
| 2023 | 951.29 | 919.86 | 23.36 |
Company Promoters :
■ Chetan N Thadeshwar
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Shringar House of Mangalsutra IPO Lead Managers :
■ Choice Capital Advisors Pvt.Ltd
Shringar House of Mangalsutra IPO Registrar :
MUFG Intime India Private Limited
(Formerly Link Intime Private Limited)
C-101, 1st Floor, Embassy, 247,
L.B.S. Marg, Vikhroli (West)
Mumbai – 400 083
Maharashtra, India
Telephone: +91 81081 14949
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.in.mpms.mufg.com
Note: Check Shringar House of Mangalsutra IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Shringar House of Mangalsutra Ltd.
Unit No. B-1, Lower Ground Floor
Jewel World (Cotton Exch Bldg),
175, Kalbadevi Rd, Bhuleshwar,
Mumbai, Maharashtra, 400002
Phone: +91 90044 29107
Email: [email protected]
Website: https://www.shringar.ms/
Shringar House of Mangalsutra IPO FAQs :
What is Shringar House of Mangalsutra Issue?
Shringar House of Mangalsutra IPO is a Mainboard Issue. They are going to raise ₹400.95 Crores via IPO. The issue is priced at ₹155-₹165 per equity share. The IPO is to be listed on NSE, and BSE.
When Shringar House of Mangalsutra Issue will open?
The IPO is to open on September 10, to September 12, 2025 for QIB, NII & RII.
What is Shringar House of Mangalsutra Issue Size?
Shringar House of Mangalsutra Issue size is ₹400.95 Crores.
What is the Fresh issue size of Shringar House of Mangalsutra Issue?
The Fresh issue size of Shringar House of Mangalsutra IPO ₹400.95 Cr.
What is the Shringar House of Mangalsutra Issue Minimum Size?
The minimum lot size 90 Shares with ₹14,850 amount.
What is the Shringar House of Mangalsutra Issue Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, and RII 35%.
What is the Shringar House of Mangalsutra Issue Allotment Date?
Shringar House of Mangalsutra Issue allotment date is September 15, 2025.
What is the Shringar House of Mangalsutra Issue Listing Date?
Shringar House of Mangalsutra Issue listing date is September 17, 2025. The IPO is to be listed on NSE, BSE.
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