Shringar House of Mangalsutra IPO 2025: Check IPO Date, Price Range and Lot Size

shringar-house-of-mangalsutra-ipo-september-2025

Let us understand the important aspects related to the Shringar House of Mangalsutra IPO. First, let us see the basics about Shringar House of Mangalsutra:

Incorporated in January 2009, Shringar House of Mangalsutra designs, manufactures, and markets a wide range of mangalsutras in 18k and 22k gold, embedding American diamonds, cubic zirconia, pearls, and semi-precious stones, exclusively for its B2B clientele.

As of March 2025, it served 34 corporate clients, 1,089 wholesalers, and 81 retailers, with exports to markets including UK, UAE, USA, New Zealand, and Fiji.

Shringar House of Mangalsutra IPO Details 2025

The following are some of the important financial details of Shringar House of Mangalsutra IPO:

DetailValue
IPO Open DateSeptember 10, 2025
IPO Close DateSeptember 12, 2025
Face Value₹10 per share
Price Band₹155 to ₹165 per share
Issue Size₹400.95 crore (fresh issue only)
Fresh Issue₹400.95 crore (2.43 crore shares, including employee reservation)
Offer for SaleNone
Issue TypeBook Built Issue
IPO ListingBSE & NSE
Retail QuotaNot more than 35%
QIB QuotaNot more than 50%
NII QuotaNot more than 15%
Employees ComponentReserved up to 20,000 equity shares

Shringar House of Mangalsutra IPO Market Lot

The following table provides information about the Shringar House of Mangalsutra IPO market lot:

CategoryLot SizeSharesAmount (₹)
Retail Minimum19014,850
Retail Maximum131,1701,91,550
S-HNI Minimum14.001,2602,07,900
B-HNI Minimum686,12010,09,800

Shringar House of Mangalsutra IPO Dates

The following are the important dates related to Shringar House of Mangalsutra IPO:

EventDate
IPO Open DateSeptember 10, 2025
IPO Close DateSeptember 12, 2025
Anchor Investor AllocationSeptember 9, 2025
Basis of AllotmentSeptember 15, 2025
Refunds InitiationSeptember 16, 2025
Credit to Demat AccountSeptember 16, 2025
IPO Listing DateSeptember 17, 2025

Shringar House of Mangalsutra Financial Report

The following table shows the financial report of Shringar House of Mangalsutra Ltd (in ₹ crore):

Period EndedRevenueProfit After TaxAssetsNet Worth
FY2022810.820.27195
FY2023951.2923211.55
FY20241,102.7131265.00
Sep 2024 (6M)687.2333371.48
FY2025 (Mar 31)1,430.1261.11375.75200.85

Promoters of Shringar House of Mangalsutra IPO

Shringar House of Mangalsutra IPO is promoted by Chetan N. Thadeshwar, Mamta C. Thadeshwar, Viraj C. Thadeshwar, and Balraj C. Thadeshwar

Lead Managers (Merchant Bankers) for Shringar House of Mangalsutra IPO

The following are the lead managers (also known as Merchant Bankers) for Shringar House of Mangalsutra IPO:

  • Choice Capital Advisors Pvt. Ltd. is the Book Running Lead Manager for the IPO

Shringar House of Mangalsutra IPO Registrar

The following is the Shringar House of Mangalsutra IPO registrar details:

MUFG Intime India Pvt. Ltd.

Shringar House of Mangalsutra Company Address

The following is the company address for Shringar House of Mangalsutra:

Shringar House of Mangalsutra Ltd.

Unit No. B-1, Lower Ground Floor, Jewel World (Cotton Exch Bldg),

175, Kalbadevi Rd, Bhuleshwar, Mumbai, Maharashtra, 400002

Frequently Asked Questions - Shringar House of Mangalsutra IPO

What is Shringar House of Mangalsutra IPO about?

A mainboard IPO raising ₹400.95 crore entirely through a fresh issue of 2.43 crore equity shares, reserved partly for employees.

When does the IPO open and close?

Opens on September 10, 2025; closes on September 12, 2025.

What are the investor quotas?

  • Retail: Not more than 35%
  • QIB: Not more than 50%
  • NII: Not more than 15%

What is the market lot and minimum investment?

90 shares per lot, costing ₹14,850 at the upper band.

When is allotment and listing scheduled?

Allotment: September 15, 2025; Listing: September 17, 2025.

How will the proceeds be used?

Mainly for working capital requirements and general corporate purposes.

Important Disclaimer: We strive to provide the most up-to-date and accurate IPO details. However, details may change due to regulatory or market developments. Please verify key information before investing.
 

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Author: Diwakar Singh

Diwakar Singh is a seasoned financial content strategist with over six years of experience in analysing and writing about financial instruments and markets.

 

An MBA gold medalist from IMT, he blends academic excellence with practical insight to craft clear and actionable content. His expertise spans banking, investments, insurance, capital markets, and emerging financial technologies.

Known for his research-driven approach and engaging style, Diwakar is recognised as a trusted voice helping readers and businesses navigate the evolving financial landscape with confidence.

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