Shringar House of Mangalsutra IPO
Shringar House of Mangalsutra IPO
Overview
Shringar House of Mangalsutra IPO is a book build issue of ₹400.95 crores. The issue is entirely a fresh issue of 2.43 crore shares of ₹400.95 crore. Shringar House of Mangalsutra IPO opens for subscription on Sep 10, 2025 and closes on Sep 12, 2025. The allotment for the Shringar House of Mangalsutra IPO is expected to be finalized on Sep 15, 2025. Shringar House of Mangalsutra IPO will list on BSE, NSE with a tentative listing date fixed as Sep 17, 2025. Shringar House of Mangalsutra IPO price band is set at ₹155.00 to ₹165.00 per share . The lot size for an application is 90. The minimum amount of investment required by an retail is ₹14,850 (90 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,260 shares), amounting to ₹2,07,900, and for bNII, it is 68 lots (6,120 shares), amounting to ₹10,09,800. Choice Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Total Shares
2,43,00,000
Issue Size
₹400.95 Cr
Price Band
₹155 – ₹165
Lot Size
90 shares
Min. Investment
₹14,850
Max. Investment
₹14,850
Open Date
10 Sep, 2025
Close Date
12 Sep, 2025
Allotment
15 Sep, 2025
Listing
17 Sep, 2025
Max. Investment
₹14,850
Announced
10 Sep, 2025
Opening Date
10 Sep, 2025
Closing Date
12 Sep, 2025
Basis of Allotment
15 Sep, 2025
Initiation of Refunds
16 Sep, 2025
Credit of Shares
16 Sep, 2025
Listing Date
17 Sep, 2025
Live GMP
Est. Listing: ₹198
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About Shringar House of Mangalsutra IPO
Incorporated in January 2009, Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India.
The company designs, manufactures, and markets a diverse collection of Mangalsutra featuring various stones like American diamonds, cubic zirconia, pearls, and semi-precious stones, using 18k and 22k gold for its business-to-business (B2B) clients.
The company sells its products to corporate clients, wholesale jewellers, and retailers nationwide.
The company ser
Shringar House of Mangalsutra IPO Share Price
Issue Breakdown
Shareholding
Dilution: 33.7% increase in shares
Shringar House of Mangalsutra IPO Promoters Holding
Shringar House of Mangalsutra IPO Financial Health
Shringar House of Mangalsutra Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 96% between the financial year ending with March 31, 2025 and March 31, 2024.
Shringar House of Mangalsutra IPO Lot Size
Investors can bid for a minimum of 90 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | - | - |
| Retail (Max) | 13 | - | - |
| S-HNI (Min) | 14 | - | - |
| S-HNI (Max) | 67 | - | - |
| B-HNI (Min) | 68 | - | - |
(All values in CR)
Shringar House of Mangalsutra IPO Valuations
The market capitalization of Shringar House of Mangalsutra IPO is ₹1591.13 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROCE | 32.43 |
| Debt/Equity | 0.61 |
| RoNW | 36.20 |
| PAT Margin | 4.27 |
| EBITDA Margin | 6.48 |
| Price to Book Value | 5.93 |
(All values in CR)
Shringar House of Mangalsutra IPO Strength & Risk
Shringar House of Mangalsutra IPO Strength:
Established market leader in mangalsutra manufacturing.
Strong financial growth with rising sales and profits.
Serves prominent clients including major jewellery retailers.
Integrated in-house design and production facilities with skilled workforce.
Presence in international markets through exports.
Shringar House of Mangalsutra IPO Risk:
Challenges in protecting unique designs from imitation.
High dependence on promoters for daily operations.
Revenue concentration with a limited number of clients.
Regulatory compliance risks in a changing jewellery industry.
Intense competition from organized and unorganized players.
Shringar House of Mangalsutra IPO Subscriptions Status
Shringar House of Mangalsutra IPO subscribed 60.20 times. The public issue subscribed 27.05 times in the retail category, 101.41 times in QIB (Ex Anchor), and 82.55 times in the NII category by September 12, 2025 4:44:36 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 72,84,000 | 72,84,000 | 120.19 |
| QIB (Ex Anchor) | 101.41 | 48,56,000 | 49,24,45,710 | 8,125.35 |
| Non-Institutional Buyers | 82.55 | 36,42,000 | 30,06,47,430 | 4,960.68 |
| bNII (bids above ₹10L) | 83.95 | 24,28,000 | 20,38,32,990 | 3,363.24 |
| sNII (bids below ₹10L) | 79.75 | 12,14,000 | 9,68,14,440 | 1,597.44 |
| Retail | 27.05 | 84,98,000 | 22,98,67,290 | 3,792.81 |
| Employees | 69.05 | 20,000 | 13,81,050 | 22.79 |
| Total | 60.20 | 1,70,16,000 | 1,02,43,41,480 | 16,901.63 |
Shringar House of Mangalsutra IPO GMP
Shringar House of Mangalsutra IPO last GMP is ₹33, last updated Sep 12th 2025 03:30 PM. With the price band of 165.00, Shringar House of Mangalsutra IPO's estimated listing price is ₹198 (cap price + today's GMP).The expected percentage gain/loss per share is 20.00%. >> Shringar House of Mangalsutra IPO Retail Subject to Sauda: ₹2300 >> Shringar House of Mangalsutra IPO Small HNI Subject to Sauda: ₹32200 The lowest GMP is ₹0.00, while the highest GMP is ₹33.00.
Last updated 12 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 12 Sep, 2025 | 165 | ₹33▲ | 2300/32200 | ₹198 (20.00%) | 2970 | 12 Sep, 2025 |
| 11 Sep, 2025 | 165 | ₹31▲ | 2100/29400 | ₹196 (18.79%) | 2790 | 11 Sep, 2025 |
| 10 Sep, 2025 | 165 | ₹29.5▼ | 2000/28000 | ₹194.5 (17.88%) | 2655 | 10 Sep, 2025 |
| 09 Sep, 2025 | 163 | ₹30▲ | 2100/29400 | ₹195 (18.18%) | 2700 | 09 Sep, 2025 |
| 08 Sep, 2025 | 165 | ₹25▲ | 1700/23800 | ₹190 (15.15%) | 2250 | 08 Sep, 2025 |
| 07 Sep, 2025 | 165 | ₹24▲ | 1600/22400 | 190 (14.55) | 2160 | 07 Sep, 2025 |
| 06 Sep, 2025 | 165 | ₹23▲ | 1600/22400 | ₹188 (13.94%) | 2070 | 06 Sep, 2025 |
| 05 Sep, 2025 | 165 | ₹20▼ | 1400/19600 | ₹185 (12.12%) | 1800 | 05 Sep, 2025 |
| 04 Sep, 2025 | 165 | ₹25▲ | 1700/23800 | ₹190 (15.15%) | 2250 | 04 Sep, 2025 |
| 03 Sep, 2025 | 165 | ₹0 | - | ₹165 (0.00%) | - | 03 Sep, 2025 |
| 02 Sep, 2025 | 165 | ₹0 | - | ₹ (%) | - | 02 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Shringar House of Mangalsutra IPO
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