Shringar House of Mangalsutra IPO: GMP, Dates, Price, and Review
09 September 2025 · Sachin Gadekar
A complete guide to Shringar House of Mangalsutra IPO including its GMP, subscription status, lot size, price band, and review.
Introduction
The Indian IPO market continues to attract attention from retail and institutional investors alike, and one of the upcoming issues to watch is the Shringar House of Mangalsutra IPO. Known for its specialized gold jewellery offerings, especially Mangalsutras, the company is gearing up for a ₹400.95 crore public issue.
This article provides detailed insights into Shringar House of Mangalsutra IPO GMP, price band, lot size, dates, review, and financials, helping investors make informed decisions.
Shringar House of Mangalsutra IPO Details
| Particulars | Details |
|---|---|
| IPO Opening Date | September 10, 2025 |
| IPO Closing Date | September 12, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹155 – ₹165 per share |
| Lot Size | 90 shares |
| Issue Size | ₹400.95 crore (Fresh Issue) |
| Total Shares Offered | 2.43 crore shares |
| Listing At | BSE, NSE |
| Employee Discount | ₹15 per share |
| Type of Issue | Book Building IPO |
Shringar House of Mangalsutra IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Open Date | September 10, 2025 |
| IPO Close Date | September 12, 2025 |
| Allotment Date | September 15, 2025 |
| Refunds Initiation | September 16, 2025 |
| Credit of Shares to Demat | September 16, 2025 |
| Listing Date | September 17, 2025 |
Shringar House of Mangalsutra IPO Lot Size
| Investor Category | Minimum (Shares) | Minimum Amount | Maximum (Shares) | Maximum Amount |
|---|---|---|---|---|
| Retail | 90 shares (1 lot) | ₹14,850 | 1,170 shares (13 lots) | ₹1,93,050 |
| S-HNI | 1,260 shares (14 lots) | ₹2,07,900 | 6,030 shares (67 lots) | ₹9,94,950 |
| B-HNI | 6,120 shares (68 lots) | ₹10,09,800 | – | – |
Shringar House of Mangalsutra Financial Performance (₹ in Crores)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 375.75 | 265.00 | 211.55 |
| Total Income | 1430.12 | 1102.71 | 951.29 |
| Profit After Tax (PAT) | 61.11 | 31.11 | 23.36 |
| EBITDA | 92.61 | 50.76 | 38.89 |
| Net Worth | 200.85 | 136.85 | 105.72 |
About Shringar House of Mangalsutra Ltd.
Founded in 2009, Shringar House of Mangalsutra Ltd. is engaged in designing, manufacturing, and selling Mangalsutras and jewellery across India and overseas.
Key Highlights:
Product Portfolio: Mangalsutras with American diamonds, cubic zirconia, pearls, and semi-precious stones.
Domestic Presence: Operating in 24 states and 4 union territories across India.
Global Reach: Exports to UAE, UK, USA, New Zealand, and Fiji.
Clients: Malabar Gold, Titan, Reliance Retail, GRT Jewellers, Joyalukkas, and Damas Jewellery.
Workforce: 237 employees as of June 30, 2025.
This strong presence and reputed client base make the company stand out in the competitive jewellery industry.
Competitive Strengths
Established client base and long-term business relationships.
Wide product portfolio with design innovation.
Integrated manufacturing facilities ensuring quality control.
Strong revenue growth with improving margins.
Experienced promoters with industry expertise.
Shringar House of Mangalsutra IPO Review: Good or Bad?
The IPO presents both opportunities and risks.
Positives:
Strong presence in a niche jewellery segment.
Impressive client base of leading jewellery retailers.
Healthy financial growth with rising profitability.
Expanding global footprint.
Risks:
Jewellery business highly sensitive to gold price volatility.
Intense competition from established jewellery brands.
Dependence on global exports for revenue.
Verdict: Investors looking for exposure to the jewellery and lifestyle sector may find the Shringar House of Mangalsutra IPO a good bet, especially for listing gains. Long-term investors should track commodity price trends and export performance.
Conclusion
The Shringar House of Mangalsutra IPO has generated strong buzz in the market, with its ₹400.95 crore issue size, competitive price band, and growing financials. Its strong brand recognition and established client base make it an attractive option for both retail and institutional investors.
For investors exploring IPOs and other alternative investments, platforms like ultra provide access to multiple opportunities, including unlisted shares and pre-IPO investments.
FAQs on Shringar House of Mangalsutra IPO
Q1. What is the Shringar House of Mangalsutra IPO GMP today?
As of the latest reports, the GMP is in the range of ₹30–₹35, suggesting positive listing expectations.
Q2. What is the price band of the Shringar House of Mangalsutra IPO?
The IPO price band is set at ₹155 to ₹165 per share.
Q3. What is the lot size of the Shringar House of Mangalsutra IPO?
The minimum lot size is 90 shares, requiring an investment of ₹14,850.
Q4. When will the Shringar House of Mangalsutra IPO list?
The IPO is tentatively scheduled to list on September 17, 2025.
Q5. Is the Shringar House of Mangalsutra IPO good or bad?
The IPO looks promising for short-term listing gains and has strong fundamentals, but investors must weigh market risks before long-term investment.