SHRINGAR HOUSE OF MANGALSUTRA LIMITED

10 Sep 2025 - 12 Sep 2025 Individual Category Main Board BSE NSE

Min Investment

₹14850

Price Band

₹155-₹165

Issue Size

170.16 lakhs
Equity Shares

Lot Size

90 (per lot)

IPO Dates
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10 Sep 2025

Open Date

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12 Sep 2025

Close Date

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15 Sep 2025

Allotment Date

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17 Sep 2025

Listing Date

The Shringar House of Mangalsutra IPO opens on September 10, 2025, and closes on September 12, 2025. This new IPO is a book-built issue of 1.70 crore equity shares. This upcoming ipo is offering an entirely fresh issue.Shringar House of Mangalsutra IPO price band is Rs 155 to Rs 165 per share. As on September 11, 2025 the Shringar House of Mangalsutra IPO GMP Live quotation is at Rs 30 (+8.18%) per share. Live IPO Grey Market Premium details will be available online. However, the Shringar House of Mangalsutra IPO DRHP was filed with SEBI on February 5, 2024.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.

Know Before Investing

Strengths icon

  • Nationwide presence across 24 states and 4 union territories.
  • Strong partnerships with leading corporate jewellery clients.
  • Specialised expertise in 18k and 22k gold Mangalsutras.

Weaknesses icon

  • Heavy dependence on corporate and wholesale channels.
  • Business exposed to volatility in gold prices.
  • Job-work model constrains independent brand visibility.

About Shringar House Of Mangalsutra Limited

Shringar House of Mangalsutra Limited, established in 2009, is a Mumbai-based designer, manufacturer, and marketer of premium mangalsutras in India. The company specialises 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 organised 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. 

Founded

2009

Managing Director

Chetan N Thadeshwar

Parent Organization

-

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.

Company Promoters

Chetan N Thadeshwar

Mamta C Thadeshwar

Viraj C Thadeshwar

Balraj C Thadeshwar.

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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