Shringar House of Mangalsutra IPO GMP, Open Date, Price Band, Issue Size

  • 08-Sep-2025
  • 2 mins read
Shringar House of Mangalsutra IPO

Shringar House of Mangalsutra IPO GMP, Open Date, Price Band

Shringar House of Mangalsutra IPO open date is September 10, 2025, and the closing date is September 12, 2025. This new IPO is a book-built issue of 2,43,00,000 equity shares worth up to Rs 400.95 crore. This upcoming ipo is offering entirely a fresh issue.

Shringar House of Mangalsutra IPO price band is Rs 155 to Rs 165 per share. As on September 8, 2025 the Shringar House of Mangalsutra IPO GMP Live quotation is at Rs 24 (+14.55%) per share.  Live IPO Grey Market Premium details will be available online. However, the Shringar House of Mangalsutra IPO DRHP was filed on February 5, 2024, with SEBI.

Shringar House of Mangalsutra IPO allotment status is available on September 15, 2025. Shringar House of Mangalsutra IPO lot size is 90 shares. The minimum investment for retail investors for 1 lot is Rs 14,850. The registrar for Shringar House of Mangalsutra IPO is MUFG Intime India Pvt Ltd. Shringar House of Mangalsutra IPO listing date is September 17, 2025.

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Shringar House of Mangalsutra IPO GMP

Shringar House of Mangalsutra IPO GMP is Rs 24 (+14.55%) per share. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Shringar House of Mangalsutra IPO GMP might rise.

Shringar House of Mangalsutra IPO Open Date, Close Date

Shringar House of Mangalsutra IPO open date is September 10, 2025, and the IPO close date is September 12, 2025. The initiation of the refund date is September 16, 2025, and the credit of shares will be on September 16, 2025.

Shringar House of Mangalsutra IPO Price Band

Shringar House of Mangalsutra IPO price band is Rs 155 to Rs 165 per share. The minimum amount of investment for the retail category is Rs 14,850, and for small HNI, the minimum investment is Rs 2,07,900. The minimum investment for the Big HNI is Rs 10,09,800.

Shringar House of Mangalsutra IPO Issue Size

Shringar House of Mangalsutra IPO is a book-built issue of 2,43,00,000 equity shares worth up to Rs 400.95 crore offering entirely fresh issue. There is no offer for sale part in this IPO.

Shringar House of Mangalsutra IPO Allotment Status

Shringar House of Mangalsutra IPO allotment status will be available on September 15, 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Pvt Ltd. Investors can check their allotment status after the subscription of the IPO ends.

Shringar House of Mangalsutra IPO Listing Date

Shringar House of Mangalsutra IPO's listing date is September 17, 2025. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Shringar House of Mangalsutra IPO: Listing Date, Lot Size, Price Band

IPO Date

September 10, 2025 to September 12, 2025

Listing Date

September 17, 2025

Face Value

Rs 10 per share

Issue Price Band

Rs 155 to Rs 165 per share

Lot Size

90 Shares

Total Issue Size

2,43,00,000 shares
(aggregating up to ₹400.95 Cr)

Fresh Issue

2,43,00,000 shares
(aggregating up to ₹400.95 Cr)

Offer for Sale

Nil

Issue Type

Book-built IPO

Listing At

BSE, NSE

Share Holding Pre-Issue

7,21,32,080 shares

Share Holding Post-Issue

9,64,32,080 shares

Shringar House of Mangalsutra Limited: About the Company

Shringar House of Mangalsutra IPO

Shringar House of Mangalsutra Limited, established in 2009, is a Mumbai-based designer, manufacturer, and marketer of premium mangalsutras in India. The company specializes in creating a diverse collection of mangalsutras that feature stones such as American diamonds, cubic zirconia, pearls, and semi-precious stones set in 18k and 22k gold. Serving the B2B segment, Shringar caters to corporate clients, wholesalers, and retailers across 24 Indian states and 4 union territories. It has also expanded internationally to markets including the UK, USA, UAE, New Zealand, and Fiji. With a dedicated in-house team and integrated manufacturing facility, the company ensures quality and design innovation. Its esteemed clients include Malabar Gold, Titan Company, Reliance Retail, and Joyalukkas. Shringar has demonstrated strong financial performance with continued revenue growth and a significant presence in the organized mangalsutra market. The company processed over 1,320 kg of bullion into mangalsutras in fiscal 2025, highlighting its manufacturing capabilities and industry footprint. This positions Shringar as a leading specialist in mangalsutra design and production in India. 

Shringar House of Mangalsutra IPO Objectives

Shringar House of Mangalsutra IPO proposes to utilise the Net Proceeds from the Issue towards meeting working capital requirements and general corporate purposes.

Shringar House of Mangalsutra IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Wed, Sep 10, 2025

IPO Close Date

Fri, Sep 12, 2025

Basis of Allotment

Mon, Sep 15, 2025

Initiation of Refunds

Tue, Sep 16, 2025

Credit of Shares to Demat

Tue, Sep 16, 2025

Listing Date

Wed, Sep 17, 2025

Cut-off time for UPI mandate

5 PM on September 12, 2025

Shringar House of Mangalsutra Financials (Amt in Rs Cr)

Period Ended

31 Mar 2025

31 Mar 2024

31 Mar 2023

Assets

375.75

265.00

211.55

Total Income

1,430.12

1,102.71

951.29

Profit After Tax

61.11

31.11

23.36

EBITDA

92.61

50.76

38.89

Net Worth

200.85

136.85

105.72

Reserves and Surplus

123.72

125.72

94.62

Total Borrowing

123.11

110.09

93.19

Shringar House of Mangalsutra IPO Lot Size Details

Shringar House of Mangalsutra IPO lot size is 90 shares. The minimum amount of investment for the retail category is to be around Rs 14,850, and for small HNI, the minimum investment will be around Rs 2,07,900.

Shringar House of Mangalsutra IPO Promoter Holdings

Shringar House of Mangalsutra promoters are Chetan N Thadeshwar, Mamta C Thadeshwar, Viraj C Thadeshwar and Balraj C Thadeshwar. The promoters' shareholdings before the IPO were 99.99%; however, after the IPO, shareholdings will decline.

Shringar House of Mangalsutra IPO Registrar

Shringar House of Mangalsutra IPO registrar is MUFG Intime India Pvt Ltd. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

How to apply to Shringar House of Mangalsutra IPO

Interested investors can apply to the Shringar House of Mangalsutra IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Shringar House of Mangalsutra IPO FAQ

1. What are the details of the Shringar House of Mangalsutra IPO?

Shringar House of Mangalsutra IPO is a book-built issue of 2,43,00,000 equity shares worth up to Rs 400.95 crore offering entirely fresh issue. There is no offer for sale part in this IPO.

2. When will the Shringar House of Mangalsutra IPO open and close?

Shringar House of Mangalsutra IPO open date is September 10, 2025, and the IPO close date is September 12, 2025. The initiation of the refund date is September 16, 2025, and the credit of shares will be on September 16, 2025.

3. What is Shringar House of Mangalsutra IPO GMP?

Shringar House of Mangalsutra IPO GMP quotation is Rs 24 (+14.55%) per share. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Shringar House of Mangalsutra IPO GMP will also rise.

4. Write the details of the IPO Allotment Status.

Shringar House of Mangalsutra IPO allotment status is available on September 15, 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Pvt Ltd. Investors can check their allotment status after the subscription of the IPO ends.

5. Who is the registrar and the lead managers for Shringar House of Mangalsutra IPO?

Shringar House of Mangalsutra IPO registrar is MUFG Intime India Pvt Ltd. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager of Shringar House of Mangalsutra IPO is Choice Capital Advisors Pvt Ltd.

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