Shringar House Of Mangalsutra IPO
SH

Shringar House Of Mangalsutra IPO

Shringar House Of Mangalsutra Limited

₹13,950/ 90 shares

Minimum investment

Shringar House Of Mangalsutra IPO Details

Bidding date

10 Sep - 12 Sep 2025

Price range

₹155 - ₹165

Minimum quantity

90

Minimum investment

₹13,950

Issue size

₹400.95 Cr.

IPO doc (link)

RHP docsExternal Link

Listing exchange

NSE/BSE

Shringar House Of Mangalsutra IPO Dates & Timeline

10 Sep, 2025
Opening date
12 Sep, 2025
Closing date
15 Sep, 2025
Basis of allotment
16 Sep, 2025
Initiation of refunds
16 Sep, 2025
Credit of shares
17 Sep, 2025
Listing date

Shringar House Of Mangalsutra IPO Subscription Status

Category
Subscription
Qualified Institutional Buyers
75x
Retail Individual Investor
13.21x
Non-Institutional Investor
-
Others
-
Total
13.21x

About Shringar House Of Mangalsutra IPO: Company Overview

Incorporated in January 2009, Shringar House of Mangalsutra Ltd. is a leading manufacturer and designer of Mangalsutras in India. The company specializes in creating a wide range of Mangalsutras featuring American diamonds, cubic zirconia, pearls, and semi-precious stones crafted in 18k and 22k gold.

Shringar House of Mangalsutra serves corporate clients, wholesale jewellers, and retailers across India, covering 24 states and 4 union territories. It has also expanded its global presence in the UK, New Zealand, UAE, USA, and Fiji between FY 2023 and FY 2025.

The company’s major corporate clients include Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE). As of March 31, 2025, Shringar House of Mangalsutra has worked with 34 corporate clients, 1,089 wholesalers, and 81 retailers.

Financially, the company has shown consistent growth. Its revenue grew from Rs. 951.29 crore in FY23 to Rs. 1,430.12 crore in FY25, while PAT almost doubled from Rs. 31.11 crore in FY24 to Rs. 61.11 crore in FY25.

Strengths & Risks of Shringar House Of Mangalsutra IPO

Established Client Relationships: The company has strong, long-standing partnerships with reputed brands such as Titan, Malabar Gold, and Reliance Retail, which provide a steady and reliable business base.

Diversified Product Portfolio: With innovative designs and a wide range of Mangalsutras made using American diamonds, pearls, and semi-precious stones, the company caters to diverse customer preferences.

Integrated Manufacturing Facility: Shringar House of Mangalsutra operates an in-house production system with strict quality assurance and control, ensuring consistency and trust in its products.

Consistently Improving Financials: The company has shown steady growth with strong profitability, maintaining a high ROCE of 32.43% and RoNW of 36.20%. This highlights its ability to generate efficient returns.

Experienced Leadership Team: The promoters and professional management bring years of expertise in jewellery manufacturing and business expansion, helping the company scale effectively.

Shringar House Of Mangalsutra Financials: Revenue, Profit & EBITDA

N/A

How to Apply for Shringar House Of Mangalsutra IPO: Step-by-Step Guide

  • Research the IPO:Review the prospectus and company details.
  • Open accounts:Ensure you have a demat and trading account.
  • Check dates:Note the IPO opening and closing dates.
  • Apply online:Log in to your brokerage account and complete the IPO application form.
  • Make payment:Pay through your linked bank account.
  • Submit application:Confirm and submit your application.
  • Track status:Monitor the allotment status and check for shares in your demat account upon listing.

FAQs: Shringar House Of Mangalsutra IPO

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