Shringar House of Mangalsutra IPO GMP: Day 1 IPO Live Updates
Posted by : sachet | Wed Sep 10 2025
Check Expert’s Verdicts on Shringar House of Mangalsutra IPO
The Shringar House of Mangalsutra IPO GMP is ₹30 as of 10th September 2025. It is a bookbuilding IPO of ₹400.95 crores. This is an entirely 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 face value of Shringar House of Mangalsutra shares stands at ₹10 per share, and the IPO price band is set at ₹155.00.00 to ₹165.00 per share. Retail investors can bid for a minimum of 1 lot of 90 shares worth ₹14,850.
Shringar House of Mangalsutra IPO Grey Market Premium
As of 10th September 2025, Shringar House of Mangalsutra IPO GMP stands at ₹30 per share. Thus, the estimated listing price would be ₹195. This indicates that the estimated listing gain in this IPO could be 18.18%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Shringar House of Mangalsutra IPO GMP updates.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 10-09-2025 | ₹165.00 | ₹30.00 | ₹195.00 | 18.18% |
| 09-09-2025 | ₹165.00 | ₹30.00 | ₹195.00 | 18.18% |
| 08-09-2025 | ₹165.00 | ₹25.00 | ₹189.00 | 14.55% |
| 07-09-2025 | ₹165.00 | ₹24.00 | ₹189.00 | 14.55% |
| 06-09-2025 | ₹165.00 | ₹24.00 | ₹189.00 | 14.55% |
| 05-09-2025 | ₹165.00 | ₹20.00 | ₹185.00 | 12.12% |
| 04-09-2025 | ₹165.00 | ₹25.00 | ₹190.00 | 15.15% |
| 03-09-2025 | ₹165.00 | ₹0.00 | ₹165.00 | 0.00% |
| 02-09-2025 | ₹165.00 | ₹0.00 | ₹165.00 | 0.00% |
Shringar House of Mangalsutra IPO Details
| IPO Open Date | 10th September 2025 |
| IPO Close Date | 12th September 2025 |
| IPO Allotment Date | 15th September 2025 |
| Refund Initiation | 16th September 2025 |
| Issue Size | 2,43,00,000 shares(aggregating up to ₹400.95 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 90 shares |
| Issue Price Band | ₹155.00 to ₹165.00 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & SME |
| Listing Date | 17th September 2025 |
Explanation
Shringar House of Mangalsutra IPO: Shringar House of Mangalsutra Limited has declared that the issue price band is set at ₹155.00 to ₹165.00 per share. With this IPO, the company allows retail investors to bid for one lot of 90 shares worth ₹14,850. The face value of Shringar House of Mangalsutra Limited shares is ₹10 per share. The shares of Shringar House of Mangalsutra Limited will be listed on BSE and NSE on its tentative listing day, 17th September 2025. Scroll down to view GMP updates and reviews of the Shringar House of Mangalsutra IPO.
Objectives of the Shringar House of Mangalsutra IPO
The primary aim of the Shringar House of Mangalsutra IPO is to raise ₹400.95 crores. On the other hand, Shringar House of Mangalsutra has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Shringar House of Mangalsutra IPO.
- To fund the Working Capital Requirement of the Company.
- To General Corporate Purposes.
Shringar House of Mangalsutra IPO Registrar
MUFG Intime India Private Limited is the registrar of the Shringar House of Mangalsutra IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Shringar House of Mangalsutra allotment and refund, you can contact MUFG Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-4918 6270.
Shringar House of Mangalsutra IPO Review
The Shringar House of Mangalsutra IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Shringar House of Mangalsutra Limited’s revenue increased by 30% from ₹1,102.71 crores in March 2024 to ₹1,430.12 crores in March 2025. Moreover, the company’s PAT rose by 96% from ₹31.11 crores to ₹61.11 crores.Investors can analyse other relevant factors and make a decision accordingly.
Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Shringar House of Mangalsutra IPO or not.
Shringar House of Mangalsutra Limited Technicals
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 19.47 |
| EPS (Earnings Per Share) | 8.47 |
| RoNW | 36.20% |
| ROCE | 32.43 % |
| ROE | – |
| EBITDA Margin | 6.48% |
| Price to Book Value | 5.93 |
| Market Capitalisation | ₹1,591.13 Cr |
The PE ratio of Shringar House of Mangalsutra Limited shares is 19.47, and its Earnings Per Share (EPS) stands at ₹8.47. Thus, the Shringar House of Mangalsutra IPO can potentially deliver gains on its tentative listing date, 17th September 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Shringar House of Mangalsutra Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
Shringar House of Mangalsutra Limited IPO Peer Comparison
| Company Name | EPS | P/E Ratio | RoNW | Face value | Revenue |
| Shringar House of Mangalsutra Industries Limited | 8.57 | 19.47 | 36.20 | ₹10 | 1,430 |
| Utssav CZ Gold Jewels | 11.63 | 16.85 | 30.94 | ₹10 | 342 |
| RBZ Jewellers | 9.70 | 13.37 | 13.37 | ₹10 | 328 |
| Sky Gold & Diamonds | 9.52 | 28.73 | 28.73 | ₹10 | 2,954 |
FAQs on Shringar House of Mangalsutra IPO
What is the GMP of the Shringar House of Mangalsutra IPO?
Ans. Currently, on 10th September 2025, the Shringar House of Mangalsutra (Grey Market Premium) stands at ₹30. This indicates that the estimated listing price could be ₹195 per share.
What is the issue price of the Shringar House of Mangalsutra IPO?
Ans. The Shringar House of Mangalsutra IPO price is set at ₹155.00 to ₹165.00 per share. Retail investors can apply for a minimum of 1 lots consisting of 90 shares worth ₹14,850. Moreover, HNIs are required to bid for a minimum of 14 lots (1,260 shares) worth ₹2,07,900.
Who is the registrar of the Shringar House of Mangalsutra IPO?
Ans. MUFG Intime India Private Limited is the registrar of the Shringar House of Mangalsutra IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Shringar House of Mangalsutra allotment and refund, you can contact MUFG Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-4918 6270.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Shringar House of Mangalsutra IPO, download the Shringar House of Mangalsutra IPO RHP and Shringar House of Mangalsutra IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.
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