Shringar House of Mangalsutra IPO GMP & Review: Apply or Avoid?

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Shringar House of Mangalsutra IPO is open for bidding from 10th September 2025 to 12 September 2025. It is a bookbuilding IPO of ₹400.95 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.

Shringar House of Mangalsutra IPO Details 

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 ₹10 per share, and the IPO price is set at ₹155.00 to ₹165.00 per share.

MUFG Intime India Private Limited is the registrar of the Shringar House of Mangalsutra IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Shringar House of Mangalsutra IPO Share Reservation

Shringar House of Mangalsutra IPO is a bookbuilding IPO of ₹400.95 crores, comprising a fresh issue of 2.43 crore shares of Shringar House of Mangalsutra, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Shringar House of Mangalsutra IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Shringar House of Mangalsutra IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 8th September 2025, Shringar House of Mangalsutra IPO GMP stands at ₹24 per share, which means the share will likely show a listing at ₹189 on its tentative listing date, 17th September 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Shringar House of Mangalsutra GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Shringar House of Mangalsutra IPO GMP Review

Check out the detailed Shringar House of Mangalsutra GMP IPO review for a thorough understanding of its potential to report listing gains on 17th September 2025. The Shringar House of Mangalsutra IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Shringar House of Mangalsutra IPO.

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.

Shringar House of Mangalsutra Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Shringar House of Mangalsutra IPO, with its tentative listing day set for 17th September 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Shringar House of Mangalsutra IPO.

The P/E ratio of Shringar House of Mangalsutra Limited’s share is 19.47, and its Earnings Per Share (EPS) stands at 8.47. Thus, the Shringar House of Mangalsutra Limited IPO is expected to deliver gains on its tentative listing date, 3rd 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. Explore the table below to get post-issue updates on these two metrics. 

Shringar House of Mangalsutra Limited IPO Peer Comparison

Shringar House of Mangalsutra IPO Subscription Status

The Shringar House of Mangalsutra IPO is to be opened for bidding on 10th Septmenber 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Shringar House of Mangalsutra IPO subscription status. 

About Shringar House of Mangalsutra Limited

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 serve 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.

Shringar House of Mangalsutra Limited Financials

The company’s financial analysis is crucial before applying for the Shringar House of Mangalsutra IPO. Refer to the table to learn about Shringar House of Mangalsutra Limited’s financials. 

Explanation

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.

Shringar House of Mangalsutra IPO Bidding Requirements

Investors can bid for a minimum of 90 shares and in multiples of shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Shringar House of Mangalsutra IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Shringar House of Mangalsutra IPO Promoter Holding

Have a look at the table below to check the holdings of Shringar House of Mangalsutra Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim 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 Working Capital Requirement of the Company.
• To General Corporate Purposes.

Should I Invest in the Shringar House of Mangalsutra IPO?

Explore the pros and cons of Shringar House of Mangalsutra to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

    Pros of Shringar House of Mangalsutra IPO

• Shringar House of Mangalsutra has strong growth and financial momentum 
• They specialise in focusing on serving their clients, offering over 15 collections and more than 10,000 SKUs.
• The company has in-house manufacturing and quality assurance.
• The company has a credible clientele and a distribution network. 

Cons of Shringar House of Mangalsutra IPO

• The company has a capacity of underutilisation and concentration risks
• They are heavily dependent on the working capital
• The company has a single manufacturing facility in Mumbai, which exposes it to regional disruptions.
• The company has limited product diversification.

How to Apply for the Shringar House of Mangalsutra IPO?

Check the steps mentioned below to apply for Shringar House of Mangalsutra Limited.

• Step 1: Conduct thorough research on the Shringar House of Mangalsutra IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for one lot of 90 shares worth ₹14,850.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Shringar House of Mangalsutra IPO from more than one demat account to increase your chances of allotment. 

How to Check Shringar House of Mangalsutra IPO Allotment Status?

You can check whether the Shringar House of Mangalsutra IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Shringar House of Mangalsutra IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Shringar House of Mangalsutra IPO allotment status.

Let’s Wrap

Shringar House of Mangalsutra IPO is a bookbuilding issue of shares worth ₹400.95 crores. The shares of Shringar House of Mangalsutra Limited will be listed on NSE and BSE on its tentative listing date of 17th September 2025. Researching the Shringar House of Mangalsutra IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Shringar House of Mangalsutra IPO

How is the Shringar House of Mangalsutra IPO?

Ans. Currently, on 8th September 2025, the Shringar House of Mangalsutra IPO GMP (Grey Market Premium) stands at ₹24. It indicates that the estimated listing price could be ₹189 per share. It is a bookbuilding IPO of ₹400.95 crores, comprising a fresh issue of 2.43 crore shares. The face value of each share of Shringar House of Mangalsutra Limited is ₹10 per share.

What is the Shringar House of Mangalsutra IPO price?

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.

Is the Shringar House of Mangalsutra IPO good?

Ans. 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.

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 IPO allotment procedure and refund initiation. For any queries regarding the Shringar House of Mangalsutra allotment and refund, you can contact Bigshare Services Private Limited at ipo.helpdesk@linkintime.co.in  or +91-22-4918 6270.

What is the issue size of the Shringar House of Mangalsutra IPO?  

Ans. Shringar House of Mangalsutra IPO is a bookbuilding IPO for 2.43 crore shares worth ₹400.95 crores. Moreover, the IPO is set to open on 10th September  2025 and will be closed on 12th September 2025. 

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 your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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