Established in January 2009, Shringar House of Mangalsutra Limited is a prominent Indian designer and manufacturer of mangalsutras. The company specializes in creating a diverse range of mangalsutras crafted from 18k and 22k gold, adorned with stones such as American diamonds, cubic zirconia, pearls, and semi-precious stones. It operates on a B2B model, supplying its products to a vast network that includes corporate clients, wholesale jewellers, and retailers across India.

The company boasts an extensive pan-India presence, serving clients in 24 states and 4 union territories. From Fiscal 2023 to 2025, it expanded its footprint internationally, entering markets in the UK, New Zealand, UAE, USA, and Fiji. Its esteemed client roster features major names like Malabar Gold, Titan Company, GRT Jewellers, Reliance Retail, Joyalukkas, and Damas Jewellery (UAE). As of March 31, 2025, its client base included 34 corporate clients, 1,089 wholesalers, and 81 retailers.

Financially, the company has shown strong growth, reporting a revenue of ₹1,430.12 crores and a profit of ₹61.11 crores in 2025, up from ₹1,102.71 crores and ₹31.11 crores, respectively, in 2024.

The company is launching an Initial Public Offering (IPO) to raise approximately ₹400.95 crores through a fresh issue. The initial public offering (IPO) will be open for subscription from September 10 to September 12, 2025. The shares are being offered in a price band of ₹155 to ₹165 each. The allotment is scheduled for September 15, 2025, and the shares are expected to list on the BSE and NSE on September 17, 2025. The quota allocation is set at 50% for QIBs, 35% for retail investors, and 15% for HNIs.

Shringar House of Mangalsutra IPO Details

IPO Date	September 10, 2025 to September 12, 2025
Listing Date	[.]
Face Value	₹10 per share
Issue Price Band	₹155 to ₹165 per share
Lot Size	90 Shares
Total Issue Size	Approx ₹400.95 Crores
Employee Discount	₹15.00
Issue Type	Book building 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 IPO Dates

The Initial Public Offering (IPO) of Shringar House of Mangalsutra will be open for bidding from September 10th through September 12th, 2025.

IPO Open Date	Wed, Sep 10, 2025
IPO Close Date	Fri, Sep 12, 2025
Tentative Allotment	Mon, Sep 15, 2025
Refunds	Tue, Sep 16, 2025
Credit of Shares to Demat	Tue, Sep 16, 2025
IPO Listing Date	Wed, Sep 17, 2025
UPI Mandate Confirmation Deadline	5 PM on September 12, 2025

Shringar House of Mangalsutra IPO Market Lot

The minimum application for this IPO is one lot of 90 shares (₹14,850). Retail investors can apply for a maximum of 13 lots, which is 1,170 shares worth ₹1,93,050.

Application	Lot Size	Shares	Amount
Retail Minimum	1	90	₹14,850
Retail Maximum	13	1,170	₹1,93,050
S-HNI Minimum	14	1,260	₹2,07,900
B-HNI Minimum	68	6,120	₹10,09,800

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Shringar House Ltd. IPO – Complete Details for Investors