shringar house of mangalsutra limited IPO
IPO Overview
Shringar house of mangalsutra limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹155 to ₹165 per share, and retail investors can apply with a minimum investment of ₹14.8K as per IPO guidelines.
The Shringar house of mangalsutra limited IPO opens on 10 Sept 2025 and closes on 12 Sept 2025. The IPO allotment is expected to be finalized on 15 Sept 2025, and the equity shares are proposed to be listed on BSE, NSE on 17 Sept 2025.
Investors can refer to the Shringar house of mangalsutra limited IPO RHP-DRHP for detailed information. The issue is managed by Choice Capital Advisors Pvt.Ltd. as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company designs, manufactures, and markets a diverse collection of Mangalsutra featuring various stones like American diamonds, cubic zirconia, pearls, and semi-precious stones, using 18k and 22k gold for its business-to-business (B2B) clients.
The company sells its products to corporate clients, wholesale jewellers, and retailers nationwide.
The company serve a diverse client base, including corporate clients, wholesale jewellers, and retailers across India, with a presence in 24 states and 4 union territories. In addition, The company expanded internationally to the UK, New Zealand, UAE, USA, and Fiji during Fiscals 2023 to 2025.
The company’s domestic and international corporate clients include Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE), among others
As of March 31, 2025, the company has served 34 corporate clients,1,089 wholesalers, and 81 retailers.
Shringar House of Mangalsutra Limited also manufacture and supply Mangalsutras on a job-work basis to our Corporate Clients. For the Fiscals 2025, 2024, and 2023, The company processed a total of 1,320.72 kgs, 1,221.19 kgs and 870.26 kgs of bullion into Mangalsutras, generating revenue of ₹264.83 million, ₹193.24 million and ₹156.47 million, respectively.
As ofJune 30, 2025, the company has 237 employees.
Competitve Strength
Established 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.
Investment Objective
General Corporate purposes