LogoHome IPO IPOIPOMainboard IPOShringar House of Mangalsutra Limited IPO (Shringar House of Mangalsutra IPO)September 5, 2025Shringar House of Mangalsutra Limited IPO Upcoming Shringar House of Mangalsutra IPO
| New Shringar House of Mangalsutra IPOShringar House of Mangalsutra Limited is a specialised manufacturer and designer of Mangalsutras in India.
The company focuses on creating traditional yet contemporary designs, using 18k and 22k gold, and embellishing them with stones such as American diamonds, cubic zirconia, pearls, and semi-precious stones.
Its business model is primarily B2B, catering to corporate clients, wholesale jewellers, and retailers across the country. With operations spanning 24 states and 4 union territories, Shringar has also expanded globally, establishing a presence in the UK, New Zealand, the UAE, the USA,
and Fiji between Fiscal Years 2023 and 2025.The company’s client base includes leading domestic and international names such as Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE).
As of March 31, 2025, it had served 34 corporate clients, 1,089 wholesalers, and 81 retailers.In addition to its core manufacturing, Shringar also undertakes job-work assignments for corporate clients. For Fiscals 2023, 2024, and 2025,
the company processed 870.26 kgs, 1,221.19 kgs, and 1,320.72 kgs of bullion, generating revenues of ₹156.47 million, ₹193.24 million, and ₹264.83 million, respectively.As of June 30, 2025, the company employed 237 people, strengthening its manufacturing, design, and client servicing capabilities.
Shringar House of Mangalsutra IPOShringar House of Mangalsutra IPO – DetailsIPO Opening Date 10 September 2025IPO Closing Date 12 September 2025Issue Type Book Built Issue IPOIssue Size Total Issue Size: 2,43,00,000 Shares Worth ₹400.95 CroreFresh Issue: 2,43,00,000 Shares Worth ₹400.95 CroreFace Value ₹10 per equity shareIPO Price ₹155 – ₹165 per shareMarket Lot 90 SharesMin Order 90 Shares
[ 1 Lot ]Listing At BSE, NSERegister MUFG Intime India Pvt.Ltd.QIB Shares Offered 50%NII (HNI) Shares Offered 15%Retail Shares Offered 35%Shringar House of Mangalsutra IPO – Date ScheduleIPO Open Date 10 September 2025IPO Close Date 12 September 2025Basis of Allotment 15 September 2025Initiation of Refund 16 September 2025Credit of Shares to Demat Account 16 September 2025IPO Listing Date 17 September 2025Cut-off time for UPI mandate confirmation 5 PM on September 12, 2025Shringar House of Mangalsutra IPO – Lots Size & PriceApplication Lots Shares AmountRetail (Min) 1 90 ₹14,850Retail (Max) 13 1,170 ₹1,93,050S-HNI (Min) 14 1,260 ₹2,07,900S-HNI (Max) 67 6,030 ₹9,94,950B-HNI (Min) 68 6,120 ₹10,09,800Competitive StrengthEstablished client base and long-standing relationships with the clients.Design innovation and diversified product portfolio.Integrated Manufacturing Facility.Quality assurance and quality control of Mangalsutras.Continuously improving financial performance.Experienced Promoters and a professional management team.Company PromotersChetan N ThadeshwarMamta C ThadeshwarViraj C ThadeshwarBalraj C ThadeshwarCompany FinancialsParticulars Total Revenue Total Expense Profit After Tax Total Borrowing31 March 2022 ₹951.29 Cr ₹919.86 Cr ₹23.36 Cr ₹93.19 Cr31 March 2023 ₹1,102.71 Cr ₹1,060.55 Cr ₹31.11 Cr ₹110.09 Cr31 March 2024 ₹1,430.12 Cr ₹1,348.32 Cr ₹61.11 Cr ₹123.11 CrAmount in ₹ CroreKey Performance IndicatorKPI ValuesROE 32.43%ROCE –Debt/Equity 0.61RoNW 36.20%PAT Margin 4.27%EBITDA Margin 6.48%Price to Book Value 5.93Pre IPO Post IPOEPS (₹) 8.47 6.34P/E (x) 19.47 26.04Object Of The IssueObjects of the Issue Expected Amount (₹ in crores)Funding Working Capital requirements of the Company. ₹280.00General corporate purposes. Shringar House of Mangalsutra IPOObject of the IssuesShringar House of Mangalsutra IPO Peer ComparisonS. No. Face Value (₹) Company Name P/E Ratio1 10 Utssav CZ Gold Jewels Ltd 16.852 10 RBZ Jewellers Ltd 13.373 10 Sky Gold & Diamonds Ltd 28.73✅Strengthsong-term client relationships.Strong domestic & global presence.Reputed clients (Titan, Malabar, Reliance, Joyalukkas).Wide design variety & innovation.Consistent growth in bullion processing & revenue.⚠️RisksRevenue concentration on few clients.Gold price & demand fluctuations.Rising receivables/credit risk.Strict regulatory compliance needs.High industry competition.Shringar House of Mangalsutra IPO Promoter HoldingPre Issue Share Holding 100.00%Post Issue Share Holding 74.80%Shringar House of Mangalsutra IPO ProspectusShringar House of Mangalsutra IPO DRHPShringar House of Mangalsutra IPO RHPCompany Contact InformationShringar House of Mangalsutra Ltd.Unit No. B-1, Lower Ground FloorJewel World (Cotton Exch Bldg),175, Kalbadevi Rd, Bhuleshwar,Mumbai, Maharashtra, 400002Phone: +91 90044 29107Email: cs@shringar.msWebsite: https://www.shringar.ms/Shringar House of Mangalsutra IPO RegistrarMUFG Intime India Pvt.Ltd.Phone: +91-22-4918 6270Email: shringarhouse.ipo@linkintime.co.inWebsite: https://linkintime.co.in/Initial_Offer/public-issues.htmlShringar House of Mangalsutra IPO Lead Manager(s)1. Choice Capital Advisors Pvt.Ltd.Shringar House of Mangalsutra IPO FAQsShringar House of Mangalsutra IPO FAQsWhat is Shringar House of Mangalsutra IPO?Shringar House of Mangalsutra IPO is a main-board IPO. The issue is priced at ₹155 to ₹165 per equity share. The IPO is to be listed on BSE & NSE.When will Shringar House of Mangalsutra IPO open?The IPO is to open on 10 September 2025 for QIB, NII, and Retail Investors.What is Shringar House of Mangalsutra IPO Investors Portion?The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.What is Shringar House of Mangalsutra IPO Size?Shringar House of Mangalsutra IPO size is ₹400.95 Crore.What is the Shringar House of Mangalsutra IPO Minimum and Maximum Lot Size for Retail?The minimum bid is 90 Shares with ₹14,850, while the maximum bid is 1,170 Shares with ₹1,93,050.What is the Shringar House of Mangalsutra IPO Allotment Date?Shringar House of Mangalsutra IPO allotment date is 15 September 2025.What is the Shringar House of Mangalsutra IPO Listing Date?Shringar House of Mangalsutra IPO listing date is 17 September 2025. The IPO is to be listed on BSE and NSE.Share Market IPO AppPrevious articleUrban Company Limited IPO (Urban Company IPO)Next articleDev Accelerator Limited IPO (Dev Accelerator IPO)RELATED ARTICLESMORE FROM AUTHORKrupalu Metals Limited IPOKrupalu Metals Limited IPO (Krupalu Metals IPO)Nilachal Carbo Metalicks Limited IPONilachal Carbo Metalicks Limited IPO (Nilachal Carbo Metalicks IPO)Dev Accelerator Limited IPODev Accelerator Limited IPO (Dev Accelerator IPO)POPULAR POSTSKrupalu Metals Limited IPO (Krupalu Metals IPO)September 6, 2025Nilachal Carbo Metalicks Limited IPO (Nilachal Carbo Metalicks IPO)September 5, 2025Dev Accelerator Limited IPO (Dev Accelerator IPO)September 5, 2025Sample Page TitlePOPULAR CATEGORYIPO1077SME752Mainboard IPO327Daily News66Grey Market Premium5IPO News4FPO3DisclaimerThis website’s information should not be construed as investment advice. All content on the website is provided solely for educational reasons. Before investing, please consult with your financial advisor.Terms of UsePrivacy PolicyAdvertisementContact usContact us: info@ipohub.in
