Shringar House of Mangalsutra Ltd. IPO details
Company Name: Shringar House Of Mangalsutra Ltd.
Incorporation Year: 02/January/2009
Industry / Sector: Gems & Jewellery industry
Headquarters: Mumbai, Maharashtra, India.
Promoters: Mr. Shailendra Kantilal Soni and Mr. Manoharlal Soni.
Business Model: Shringar House of Mangalsutra Ltd. designs, manufactures, and sells gold, diamond, and imitation mangalsutras and other jewellery through wholesale and retail channels.
IPO DETAILS
| Particulars | Details |
|---|---|
| IPO Opening Date | 10/September/2025 |
| IPO Closing Date | 12/September/2025 |
| Allotment Date (Tentative) | 15/September/2025 |
| Refund Initiation | 16/September/2025 |
| Shares Credit in Demat | 16/September/2025 |
| Listing Date | 17/September/2025 |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹155 – ₹165 Per Share |
| Lot Size | 90 Shares |
| Issue Size | ₹400.95 Crores |
| Fresh Issue | ₹400.95 Crores |
| Offer for Sale (OFS) | ₹0 Crores |
| Listing Exchange | NSE, BSE |
IPO Reservation (Allocation)
| Investor Category | Shares Offered (%) |
|---|---|
| QIB (Qualified Institutional Buyers) | Not Less Than 50% |
| NII (Non-Institutional Investors) | Not More Than 15% |
| Retail Investors | Not More Than 35% |
| Employees (If Any) | —————————– |
IPO GMP (Grey Market Premium)
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GMP Today: ₹24
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Estimated Listing Gain: 14.55%
Company Financials (₹ in Crores)
| Financial Year | Revenue | PAT (Profit After Tax) | Assets | Net Worth |
|---|---|---|---|---|
| FY 2023 | ₹951.29 Cr | ₹23.36 Cr | ₹211.55 Cr | ₹105.72 Cr |
| FY 2024 | ₹1102.71 Cr | ₹31.11Cr | ₹265.00 Cr | ₹136.85 Cr |
| FY 2025 | ₹1,430.12 Cr | ₹61.11Cr | ₹375.75 Cr | ₹200.85 Cr |
Strengths of the Company
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Specialized focus on mangalsutra jewellery with strong niche positioning.
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Experienced promoters with decades of industry knowledge.
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Growing retail and wholesale presence supporting expansion.
Risks / Weaknesses
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High dependency on regional markets, especially Maharashtra.
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Limited Product Diversification
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Vulnerable to gold price volatility and changing fashion trends.
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ABOUT
Shringar House of Mangalsutra Ltd. is a Mumbai-based jewellery company specializing in the design and manufacturing of mangalsutras and related ornaments.It was originally incorporated in 2009 and later converted into a public limited company in 2024.The company operates in the gems & jewellery industry, focusing on both wholesale and retail distribution.Its niche expertise lies in blending traditional Indian craftsmanship with modern jewellery trends.
With experienced promoters and a growing market presence, the company aims to strengthen its footprint in India and abroad.
FAQs on Shringar House Of Mangalsutra IPO
Q1. What is the IPO open and close date of Shringar House Of Mangalsutra?
Ans. The IPO opens on [10/ September/2025] and closes on [12/September/2025].
Q2. What is the lot size of Shringar House Of Mangalsutra IPO?
Ans. The lot size is [90 shares].
Q3. What is the listing date of Shringar House Of Mangalsutra IPO?
Ans. The shares will list on [17/September/2025] at NSE/BSE.
Q4. What is the GMP of Shringar House Of Mangalsutra IPO today?
Ans. The Grey Market Premium today is around ₹ [24].