Shringar House of Mangalsutra Ltd: The Shringar House of Mangalsutra Limited is launching a book-belt issue of 400.95 crore, with a new issue of 2.43 crore shares completely. The IPO is open to membership from September 10 to September 12, 2025 with an expected list on BSE and NSE. The price band is set between ₹ 155 and ₹ 165 per share, and is an inscribed price of ₹ 10 per share.
Shringar House of Mangalsutra IPO Overview
Shringar House of Mangalsutra Ltd. is launching an SME IPO to raise ₹91.10 crores by issuing 65,07,000 equity shares. The price range is set at ₹133–₹140, targeting listing on the BSE SME platform.
| Details | Descriptions |
|---|---|
| IPO Date | September 10, 2025 to September 12, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹155 to ₹165 per share |
| Lot Size | 90 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 2,43,00,000 shares (aggregating up to ₹400.95 Cr) |
| Employee Discount | ₹15.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 7,21,32,080 shares |
| Share Holding Post Issue | 9,64,32,080 shares |
Shringar House of Mangalsutra IPO Schedule
The IPO opens for membership on September 10, 2025, and closes on September 12, 2025. The allocation will be finalized by September 15, 2025, with a temporary listing date of September 17, 2025.
| Details | Description |
|---|---|
| IPO Open Date | Wed, Sep 10, 2025 |
| IPO Close Date | Fri, Sep 12, 2025 |
| Tentative Allotment | Mon, Sep 15, 2025 |
| Initiation of Refunds | Tue, Sep 16, 2025 |
| Credit of Shares to Demat | Tue, Sep 16, 2025 |
| Tentative Listing Date | Wed, Sep 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 15, 2025 |
Shringar House of Mangalsutra IPO Lot Size Details
Investors can apply for at least 90 shares, which costs ₹ 14,850 at the upper price band, 14,850 per share. High categories like SNII and BNII require 1,260 shares 207,900 and 6,120 shares 1,009,800 respectively.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 90 | ₹14,850 |
| Individual investors (Retail) (Max) | 13 | 1,170 | ₹1,93,050 |
| S-HNI (Min) | 14 | 1,260 | ₹2,07,900 |
| S-HNI (Max) | 67 | 6,030 | ₹9,94,950 |
| B-HNI (Min) | 68 | 6,120 | ₹10,09,800 |
Shringar House of Mangalsutra IPO Allocation
IPOs are at least 15% for non-institutional investors (NII) for qualified institutional buyers (QIBS) and minimum 35% for retail investors. A portion is also allocated for eligible employees with discounts.
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
Shringar House of Mangalsutra IPO Promoter Holding
The company’s promoters, Chetan N Thagdswar, Mamta S Mamta Skhaadeshwar, Viraj Si Thasevar, and Balraj C Thaswar, are important pre-east shares. The post-IPO, their shareholding will be diluted due to the new issue of 2.43 crore equity stocks.
| Details | Promoter Holding (%) |
|---|---|
| Promoter Holding Pre Issue | 99.99% |
| Promoter Holding Post Issue | – |
Investor Category Reservations
Anchor investor allocation for September 9, 2025 has been fixed before the opening of public membership. The details of anchor investors will be revealed close to the IPO date as per the regulatory requirements.
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII | Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs) If applying as RII: Upto Rs. 2 lakhs If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs | Yes for Employee and RII/NII |
Overview of Shringar House of Mangalsutra Ltd.
Established in January 2009, Shringar House of Mangalsutra Limited specializes in creating and designing mangalsutra using various types of stones such as gold and diamonds and pearls. The company has widespread presence across India and has also expanded its business internationally in countries including UK, USA and New Zealand.
Company Financials
Shringar House of Mangalsutra Ltd. Financial Information (Restated Standalone)
The company reported an increase in revenue from FY 1,101.5 crore in FY25 in FY 25. The profit after tax increased by 96% in FY 25, in FY 25, reflects strong financial growth.
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
|---|---|---|---|
| Assets | 375.75 | 265 | 211.55 |
| Total Income | 1,430.12 | 1,102.71 | 951.29 |
| Profit After Tax | 61.11 | 31.11 | 23.36 |
| EBITDA | 92.61 | 50.76 | 38.89 |
| Net Worth | 200.85 | 136.85 | 105.72 |
| Reserves and Surplus | 123.72 | 125.72 | 94.62 |
| Total Borrowing | 123.11 | 110.09 | 93.19 |
Key Performance Indicator (KPI)
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROCE | 32.43% |
| Debt/Equity | 0.61 |
| RoNW | 36.20% |
| PAT Margin | 4.27% |
| EBITDA Margin | 6.48% |
| Price to Book Value | 5.93 |
Shringar House of Mangalsutra Ltd. Contact Details
- Shringar House of Mangalsutra Ltd.
- Unit No. B-1, LGF
- Jewel World,
- 175, Kalbadevi Rd, Bhuleshwar,
- Mumbai, Maharashtra, 400002
- Phone: +91 90044 29107
- Email: cs@shringar.ms
Shringar House of Mangalsutra IPO Registrar
MUFG Intime India Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | +91-22-4918 6270 |
| Email: | shringarhouse.ipo@linkintime.co.in |
| Website: | https://linkintime.co.in/Initial_Offer/public-issues.html |
Shringar House of Mangalsutra IPO FAQs
What is the minimum investment for a retail investor in Shringar House of Mangalsutra Limited IPO?
The minimum investment for a retail investor is 14,850, which matches one of the 90 shares.
What is the face value of each share in the IPO?
Face value of each share. 10 is.
What is the total size of IPO?
Total size of IPO. 400.95 crores.
When is the IPO set to open and close?
The IPO is scheduled to open on September 10, 2025, and is closed on 12 September 2025.
On which stock exchanges will the company be listed?
The company will be listed on both BSE and NSE.
