{"id":48759,"date":"2025-09-17T16:18:13","date_gmt":"2025-09-17T10:48:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=48759"},"modified":"2025-09-17T16:18:41","modified_gmt":"2025-09-17T10:48:41","slug":"shringar-house-of-mangalsutra-ipo-listing","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shringar-house-of-mangalsutra-ipo-listing\/","title":{"rendered":"Shringar House of Mangalsutra IPO Listing at 188.50% Premium at \u20b9188.50 Per Share"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Check Experts\u2019 Verdicts on Shringar House of Mangalsutra Limited<\/em><\/strong><\/a><\/p><p><strong><em>Shringar House of Mangalsutra IPO Listing:<\/em><\/strong> The Shringar House of Mangalsutra IPO was subscribed 60.31 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 101.41 times the allocation, and non-institutional investors (NIIs) received 82.58 times the allocation. The retail quota of the issue was subscribed to 34.97%. Before delving deeper into the topic, go through the details of the Shringar House of Mangalsutra IPO.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/shringar-house-of-mangalsutra-ipo-listing\/#Shringar_House_of_Mangalsutra_IPO_Listing\" title=\"Shringar House of Mangalsutra IPO Listing\">Shringar House of Mangalsutra IPO Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/shringar-house-of-mangalsutra-ipo-listing\/#Shringar_House_of_Mangalsutra_IPO_Details\" title=\"Shringar House of Mangalsutra IPO Details\">Shringar House of Mangalsutra IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/shringar-house-of-mangalsutra-ipo-listing\/#About_Shringar_House_of_Mangalsutra_Limited\" title=\"About Shringar House of Mangalsutra Limited\">About Shringar House of Mangalsutra Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/shringar-house-of-mangalsutra-ipo-listing\/#Shringar_House_of_Mangalsutra_Limited_Financials\" title=\"Shringar House of Mangalsutra Limited Financials\">Shringar House of Mangalsutra Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/shringar-house-of-mangalsutra-ipo-listing\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/shringar-house-of-mangalsutra-ipo-listing\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shringar_House_of_Mangalsutra_IPO_Listing\"><\/span><strong>Shringar House of Mangalsutra IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On the NSE (National Stock Exchange platform), shares are listed at \u20b9188.50 per share, reflecting a premium of 14.2% against the issue price of \u20b9165 per share. On the other hand, on the other BSE (Bombay Stock Exchange), shares are listed at \u20b9187.70 per share, reflecting a premium of 13.8%.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shringar_House_of_Mangalsutra_IPO_Details\"><\/span><strong>Shringar House of Mangalsutra IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>It is a bookbuilding IPO of \u20b9400.95 crore, comprising a fresh issue of 2.43 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 17th September 2025.The Shringar House of Mangalsutra IPO date is fixed between 10th September 2025 and 12th September 2025. The face value of Shringar House of Mangalsutra IPO shares stands at \u20b910 per share, and the IPO price is set at \u20b9155.00 to \u20b9165.00 per share.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>10th September 2025<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>12th September 2025<\/td><\/tr><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>15th September 2025<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>16th September 2025<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>2,43,00,000 shares(aggregating up to \u20b9400.95 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>90 shares<\/td><\/tr><tr><td><strong>Issue Price Band<\/strong><\/td><td>\u20b9155.00 to \u20b9165.00 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE &amp; SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>17th September 2025<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Shringar_House_of_Mangalsutra_Limited\"><\/span><strong>About Shringar House of Mangalsutra Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Shringar House of Mangalsutra Limited, Incorporated in January 2009, manufactures and designs Mangalsutras in India. The company designs, manufactures, and markets a diverse collection of Mangalsutras 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 serves a diverse client base, including corporate clients, wholesale jewellers, and retailers across India, with a presence in 24 states and four union territories. In addition, the company expanded internationally to the UK, New Zealand, UAE, USA, and Fiji during Fiscals 2023 to 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Shringar_House_of_Mangalsutra_Limited_Financials\"><\/span><strong>Shringar House of Mangalsutra Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is crucial before applying for the <strong>Shringar House of Mangalsutra<\/strong> <strong>IPO.<\/strong> Refer to the table to learn about Shringar House of Mangalsutra Limited&#8217;s financials.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>375.75<\/td><td>265.00<\/td><td>211.55<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>1,430.12<\/td><td>1,102.71<\/td><td>951.29<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>61.11<\/td><td>31.11<\/td><td>23.26<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>92.61<\/td><td>50.76<\/td><td>38.89<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>200.85<\/td><td>136.85<\/td><td>105.72<\/td><\/tr><tr><td><strong>Reserve and surplus<\/strong><\/td><td>123.72<\/td><td>125.72<\/td><td>94.62<\/td><\/tr><tr><td><strong>Total Borrowing<\/strong><\/td><td>123.11<\/td><td>110.09<\/td><td>93.19<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><a href=\"https:\/\/www.shringar.ms\/\" rel=\"nofollow noopener\" target=\"_blank\">Shringar House of Mangalsutra Limited&#8217;s<\/a> revenue increased by 30% from \u20b91,102.71 crores in March 2024 to \u20b91,430.12 crores in March 2025. Moreover, the company&#8217;s PAT rose by 96% from \u20b931.11 crores to \u20b961.11 crores.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/top-10-penny-stocks-in-india\">Top 10 Penny Stocks in India&nbsp; | Penny Stocks to Buy in 2025<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/best-stocks-to-buy-today-6\">Best Stocks to Buy Today: Explore Best Stocks With Expected Trends<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/milky-mist-dairy-foods-ipo-details\">Milky Mist Dairy Foods IPO Details: Everything You Should Know about<\/a>&nbsp;<\/p><p><a href=\"https:\/\/univest.in\/blogs\/karbonsteel-engineering-ipo-gmp-review\">Karbonsteel Engineering IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/taurian-mps-ipo-gmp-review\">Taurian MPS IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/shringar-house-of-mangalsutra-ipo-gmp-review\">Shringar House of Mangalsutra IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/dev-accelerator-ipo-gmp-review\">Shringar House of Mangalsutra IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/vigor-plast-india-ipo-listing-preview\">Vigor Plast India IPO Listing Preview: What to Expect Now?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/krupalu-metals-ipo-gmp-live-updates-2\">Krupalu Metals IPO GMP: Day 3 IPO Live Updates<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Check Experts\u2019 Verdicts on Shringar House of Mangalsutra Limited Shringar House of Mangalsutra IPO Listing: The Shringar House of Mangalsutra IPO was subscribed 60.31 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 101.41 times the allocation, and non-institutional investors (NIIs) received 82.58 times the allocation. The retail quota of the<\/p>\n","protected":false},"author":23,"featured_media":48760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[2261],"class_list":["post-48759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-shringar-house-of-mangalsutra-listing"],"metadata":{"_edit_lock":["1758106121:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_seo_score":["81"],"rank_math_primary_category":["1281"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"rank_math_title":["Shringar House of Mangalsutra IPO Listing: Check Experts' Verdicts Here"],"rank_math_description":["Shringar House of Mangalsutra IPO Listing at \u20b9188.50, a Premium of 14.2% over the IPO price of \u20b9165 per share. What should be your next move on the Shringar House of Mangalsutra IPO? 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