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Shringar House of Mangalsutra Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.165.00
Issue Size:
Rs.400.95 Cr
Lot Size:
90 shares
Open Date:
September 10
Shringar House of Mangalsutra Ltd. IPO Overview
Bidding Dates
September 10 - September 12
Min Investment
₹14,850
Price Range
₹165.00
Issue Size
₹400.95 Cr
IPO DRHP Doc
Company Overview
Shringar House of Mangalsutra Limited, incorporated in January 2009, designs and manufactures Mangalsutra in India, using 18k and 22k gold with various stones. The company serves corporate clients, wholesalers, and retailers both domestically and internationally, with notable clients including Malabar Gold and Titan Company. As of September 30, 2024, it has processed significant quantities of bullion into Mangalsutras, generating substantial revenues. The company has a dedicated design team and employs numerous artisans to meet market demand.
IPO Timeline
Opens
Sep 10
Closes
Sep 12
Allotment
Sep 15
Refunds
Sep 16
Shares Credit
Sep 16
Listing
Sep 17
Opens
Sep 10
Closes
Sep 12
Allotment
Sep 15
Refunds
Sep 16
Shares Credit
Sep 16
Listing
Sep 17
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 101.41x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 82.58x | Oversubscribed |
| RII (Retail Individual Investors) | 27.26x | Oversubscribed |
| Total Subscription | 60.31x | Oversubscribed |
Last updated: Sep 12, 2025, 05:06 PM
Current GMP:
Rs.21
Est. Listing:
Rs.186
Est. Gain:
+12.7%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹375.75 Cr | ₹265 Cr | ₹211.55 Cr |
| EBITDA | ₹92.61 Cr | ₹50.76 Cr | ₹38.89 Cr |
| Net Worth | ₹200.85 Cr | ₹136.85 Cr | ₹105.72 Cr |
| Profit After Tax | ₹61.11 Cr | ₹31.11 Cr | ₹23.36 Cr |
| Reserves and Surplus | ₹123.72 Cr | ₹125.72 Cr | ₹94.62 Cr |
| Total Borrowing | ₹123.11 Cr | ₹110.09 Cr | ₹93.19 Cr |
| Total Income | ₹1,430.12 Cr | ₹1,102.71 Cr | ₹951.29 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Strong relationships with over 15 years of client retention.
- Diverse domestic and global B2B customer base.
- Specialized in innovative, customized Mangalsutra designs.
- Integrated manufacturing with advanced tech and skilled Karigars.
- Consistent financial growth with improving profitability margins.
IPO Details
Shringar House of Mangalsutra IPO Details
| Employee Discount | ₹15.00 |
| Face Value | ₹10 per share |
| IPO Date | September 10, 2025 to September 12, 2025 |
| Issue Price Band | ₹155 to ₹165 per share |
| Issue Price Final | ₹165 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | September 17, 2025 |
| Lot Size | 90 Shares |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 9,64,32,080 shares |
| Share Holding Pre Issue | 7,21,32,080 shares |
| Total Issue Size | 2,43,00,000 shares (aggregating up to ₹400.95 Cr) |
Shringar House of Mangalsutra IPO Reservation
Share Reservation Distribution
QIB
12,140,000 shares (49.96%)
Retail
8,498,000 shares (34.97%)
Anchor Investors
7,284,000 shares (29.98%)
QIB (Ex-Anchor)
4,856,000 shares (19.98%)
HNI (NII)
3,642,000 shares (14.99%)
bNII (>₹10L)
2,428,000 shares (9.99%)
sNII (<₹10L)
1,214,000 shares (5%)
Employee
20,000 shares (0.08%)
Shringar House of Mangalsutra IPO Promoter Holding
| Promoter Holding Post Issue | 74.80% |
| Promoter Holding Pre Issue | 99.99% |
Shringar House of Mangalsutra IPO Listing Details
| BSE Listing Group | B |
| BSE Script Code | 544512 |
| Final Issue Price | ₹165 per share |
| ISIN | INE1B3L01017 |
| Listing Date | September 17, 2025 |
| NSE Listing Group | EQ (Rolling) |
| NSE Symbol | SHRINGARMS |
Key Dates
Open Date:September 10
Close Date:September 12
Listing Date:September 17
