
Shringar House of Mangalsutra
Mainboard₹14,850 / 90 Shares
IPO Details
Shringar House of Mangalsutra IPO is priced between ₹155-165 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and MUFG Intime India Pvt Ltd is managing the issue as the registrar.
The IPO bidding period opened on 10 Sep, 2025, and closed on 12 Sep, 2025. The allotment results will be announced on 15 Sep, 2025, with a tentative listing date set for 17 Sep, 2025.
The total issue comprises 2,43,00,000 shares, amounting to ₹400.95 Cr.
Shringar House of Mangalsutra IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Sep 10, 2025 - Sep 12, 2025 | 17 Sep, 2025 | ₹10 Per Equity Share | ₹155-165 per equity share | - | Shares | - | BSE, NSE |
Shringar House of Mangalsutra IPO Timeline
Issue Price
₹155-165 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt LtdMarket Lot
90 Shares (₹14,850/-)Lead Manager
Choice Capital Advisors Pvt LtdIssue Size
2,43,00,000 shares(aggregating up to ₹400.95 Cr)Retail Portion
35% (Number of Retail Applications: 94,422 Approx),(Number of S-HNI Applications : 963 Approx),(Number of B-HNI Applications : 1,927 Approx)Subscription
N/A timesIPO Docs
DRHPShringar House of Mangalsutra IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 25 | 375.75 | 1430.12 | 61.11 | 200.85 | 123.72 | 123.11 |
31 Mar 24 | 265.00 | 1102.71 | 31.11 | 136.85 | 125.72 | 110.09 |
31 Mar 23 | 211.55 | 951.29 | 23.36 | 105.72 | 94.62 | 93.19 |
All values are in ₹ Cr.
Shringar House of Mangalsutra IPO Valuations
EPS PRE IPO ₹8.47/- | EPS POST IPO ₹6.34/- | PE PRE IPO 19.47 | PE POST IPO 26.04 | ROE % |
ROCE 32.43% | DEBT EQUITY 0.61 | RONW 36.20% | PAT MARGIN 4.27% | PRICE TO BOOK VALUE 5.93 |
About Company
Established in January 2009, Shringar House of Mangalsutra Limited designs and produces Mangalsutra in India. The firm designs, produces, and retails an extensive range of Mangalsutra with different stones such as American diamonds, cubic zirconia, pearls, and semi-precious stones, utilizing 18k and 22k gold for its business-to-business (B2B) customers.
The firm retails its products to corporate clients, wholesale jewellers, and retailers across the country.As of 30th September 2024, the company has also exported its products to nations like the United Kingdom, New Zealand, UAE, USA, and the Republic of Fiji.Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE) are the domestic and international corporate customers of the company, among other entities.
As of September 30, 2024, the company has serviced 31 corporate customers, 76 wholesalers, and 731 retailers. During Fiscal Year 2024, it serviced 33 corporate customers, 96 wholesalers, and 832 retailers.During the six months ended September 30, 2024, and the years 2024, 2023, and 2022, the company converted 638.48 kgs, 1,221.19 kgs, 1,272.11 kgs, and 870.26 kgs of bullion into Mangalsutras with revenues of ₹115.48 million, ₹193.24 million, ₹156.47 million, and ₹99.98 million, respectively.
As of December 31, 2024, the company has an in-house design team consisting of 12 employees dedicated to creating new products aligned with current trends and customers' taste. The company also has 182 in-house Karigars and works with third-party Karigars to address increased market demand
Shringar House of Mangalsutra IPO - Issue Objectives
- Funding Working Capital requirements of our Company
- General Corporate purposes
Shringar House of Mangalsutra
Unit No. B-1, Lower Ground Floor Jewel World (Cotton Exch Bldg), 175, Kalbadevi Rd, Bhuleshwar, Mumbai, Maharashtra, 400002MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: shringarhouse.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html