
Shringar House of Mangalsutra
Mainboard₹14,850 / 90 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 12 Sep 2025, 06:55 PM |
| QIBs | 101.41 |
| NII | Bids above ₹10L: 83.95 times Bids below ₹10L: 79.85 times NII Total: 82.58 |
| Retail | 27.22 times |
| Employee | 69.90 times |
| Total | 60.29 times |
Shringar House of Mangalsutra IPO Details
The Shringar House of Mangalsutra IPO price band is set between ₹155-165 per equity share, with a face value of ₹10 per share. The issue is managed by MUFG Intime India Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 10 Sep, 2025 and closes on 12 Sep, 2025. Investors can check the allotment status on 15 Sep, 2025, while the listing date is tentatively scheduled for 17 Sep, 2025.
The total issue size is 2,43,00,000 shares, aggregating up to ₹400.95 Cr. Stay tuned for the latest Shringar House of Mangalsutra IPO review and GMP updates.
Shringar House of Mangalsutra IPO Review, Rating & Analysis
Shringar House of Mangalsutra IPO Review
NO REVIEWShringar House of Mangalsutra IPO Rating
Shringar House of Mangalsutra IPO Highlights
IPO Date
Sep 10, 2025 - Sep 12, 2025
Listing Date
17 Sep, 2025
Face Value
₹10 Per Equity Share
Price Band
₹155-165 per equity share
Lot Size
90 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Shringar House of Mangalsutra IPO Lot Size
The minimum market lot for Shringar House of Mangalsutra IPO is 90 shares with an application amount of ₹14,850. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,850 |
| Retail (Max) | 13 | 1170 | ₹1,93,050 |
| S-HNI (Min) | 14 | 1260 | ₹2,07,900 |
| S-HNI (Max) | 67 | 6030 | ₹9,94,950 |
| B-HNI (Min) | 68 | 6120 | ₹10,09,800 |
Shringar House of Mangalsutra IPO Timeline
Issue Price
₹155-165 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt LtdLead Manager
Choice Capital Advisors Pvt LtdIssue Size
2,43,00,000 shares(aggregating up to ₹400.95 Cr)Shringar House of Mangalsutra IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 375.75 | 1430.12 | 61.11 | 200.85 | 123.72 | 123.11 |
| 31 Mar 24 | 265.00 | 1102.71 | 31.11 | 136.85 | 125.72 | 110.09 |
| 31 Mar 23 | 211.55 | 951.29 | 23.36 | 105.72 | 94.62 | 93.19 |
All values are in ₹ Cr.
Shringar House of Mangalsutra IPO Valuations
EPS Pre IPO
₹8.47/-EPS Post IPO
₹6.34/-PE Pre IPO
19.47PE Post IPO
26.04ROE
%ROCE
32.43%Debt Equity
0.61RoNW
36.20%PAT Margin
4.27%Price to Book Value
5.93Promoters & Share Holding
Promoter(s) Name
- Chetan N Thadeshwar
- Mamta C Thadeshwar
- Viraj C Thadeshwar
- Balraj C Thadeshwar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
Established in January 2009, Shringar House of Mangalsutra Limited designs and produces Mangalsutra in India. The firm designs, produces, and retails an extensive range of Mangalsutra with different stones such as American diamonds, cubic zirconia, pearls, and semi-precious stones, utilizing 18k and 22k gold for its business-to-business (B2B) customers.
The firm retails its products to corporate clients, wholesale jewellers, and retailers across the country.As of 30th September 2024, the company has also exported its products to nations like the United Kingdom, New Zealand, UAE, USA, and the Republic of Fiji.Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE) are the domestic and international corporate customers of the company, among other entities.
As of September 30, 2024, the company has serviced 31 corporate customers, 76 wholesalers, and 731 retailers. During Fiscal Year 2024, it serviced 33 corporate customers, 96 wholesalers, and 832 retailers.During the six months ended September 30, 2024, and the years 2024, 2023, and 2022, the company converted 638.48 kgs, 1,221.19 kgs, 1,272.11 kgs, and 870.26 kgs of bullion into Mangalsutras with revenues of ₹115.48 million, ₹193.24 million, ₹156.47 million, and ₹99.98 million, respectively.
As of December 31, 2024, the company has an in-house design team consisting of 12 employees dedicated to creating new products aligned with current trends and customers' taste. The company also has 182 in-house Karigars and works with third-party Karigars to address increased market demand
Shringar House of Mangalsutra IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 48,56,000 | 36,42,000 24,28,000 12,14,000 | 84,98,000 | 1,70,16,000 |
Day 1 -10-09-25 05:00 PM | 0.01 x | 2.71 2.52 x 3.09 x | 2.89 x | 2.04 x |
Day 2 -11-09-25 05:00 PM | 0.86 x | 14.81 13.28 x 17.89 x | 9.65 x | 8.27 x |
Day 3 -12-09-25 05:00 PM | 101.41 x | 82.58 83.95 x 79.85 x | 27.22 x | 60.29 x |
Retail:25.0x
BHNI:17.0x
SHNI:77.0x times
Company Contact Details
Shringar House of Mangalsutra
Unit No. B-1, Lower Ground Floor Jewel World (Cotton Exch Bldg), 175, Kalbadevi Rd, Bhuleshwar, Mumbai, Maharashtra, 400002Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: shringarhouse.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions about Shringar House of Mangalsutra IPO
When will Shringar House of Mangalsutra IPO open for subscription?
The Shringar House of Mangalsutra IPO opens on 10 Sep, 2025 and closes on 12 Sep, 2025.
What is the investors portion for Shringar House of Mangalsutra IPO?
The investors' portion for QIB is 101.41 x, NII is 83.95 x, and Retail is 27.22 x.
How to apply for Shringar House of Mangalsutra IPO?
You can apply for Shringar House of Mangalsutra IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shringar House of Mangalsutra IPO?
The issue size of Shringar House of Mangalsutra IPO is approx ₹2,43,00,000 shares(aggregating up to ₹400.95 Cr) crores.
What is the price band of Shringar House of Mangalsutra IPO?
The price band for Shringar House of Mangalsutra IPO is ₹155 to ₹165 per equity share.
What is the lot size of Shringar House of Mangalsutra IPO?
The minimum bid (lot size) for Shringar House of Mangalsutra IPO is N/A shares with an investment of approx ₹14,850 .
What is the allotment date of Shringar House of Mangalsutra IPO?
The allotment date for Shringar House of Mangalsutra IPO is 15 Sep, 2025.
What is the listing date of Shringar House of Mangalsutra IPO?
The listing date for Shringar House of Mangalsutra IPO is expected to be 17 Sep, 2025.
What is the GMP of Shringar House of Mangalsutra IPO?
The latest Grey Market Premium (GMP) for Shringar House of Mangalsutra IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
