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:
Detail
Value
IPO Open Date
September 10, 2025
IPO Close Date
September 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 Sale
None
Issue Type
Book Built Issue
IPO Listing
BSE & NSE
Retail Quota
Not more than 35%
QIB Quota
Not more than 50%
NII Quota
Not more than 15%
Employees Component
Reserved 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:
Category
Lot Size
Shares
Amount (₹)
Retail Minimum
1
90
14,850
Retail Maximum
13
1,170
1,91,550
S-HNI Minimum
14.00
1,260
2,07,900
B-HNI Minimum
68
6,120
10,09,800
Shringar House of Mangalsutra IPO Dates
The following are the important dates related to Shringar House of Mangalsutra IPO:
Event
Date
IPO Open Date
September 10, 2025
IPO Close Date
September 12, 2025
Anchor Investor Allocation
September 9, 2025
Basis of Allotment
September 15, 2025
Refunds Initiation
September 16, 2025
Credit to Demat Account
September 16, 2025
IPO Listing Date
September 17, 2025
Shringar House of Mangalsutra Financial Report
The following table shows the financial report of Shringar House of Mangalsutra Ltd (in ₹ crore):
Period Ended
Revenue
Profit After Tax
Assets
Net Worth
FY2022
810.8
20.27
195
—
FY2023
951.29
23
211.55
—
FY2024
1,102.71
31
265.00
—
Sep 2024 (6M)
687.23
33
371.48
—
FY2025 (Mar 31)
1,430.12
61.11
375.75
200.85
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:
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.
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.