Shringar House of Mangalsutra IPO Subscription Status: Check Subscription Status

Posted by : sachet | Fri Sep 12 2025

Check Expert’s Verdicts on Shringar House of Mangalsutra IPO

Here, the Shringar House of Mangalsutra IPO launched on 10th September 2025. The issue will be closed for bidding today, on 12th September 2025. The primary aim of the Shringar House of Mangalsutra IPO is to raise ₹400.95 crores from the market. Additionally, Shringar House of Mangalsutra IPO has received an impressive level of subscription, which suggests that the shares will be listed at a remarkable premium. Scroll down to check the Shringar House of Mangalsutra IPO subscription and details.

Table of Contents

Shringar House of Mangalsutra IPO Details

IPO Open Date	10th September 2025
Face Value	₹10 per share
Price Band	₹155 to ₹165 per share
Lot Size	90 Shares
Issue Type	Bookbuilding IPO
Listing At	BSE & NSE
IPO Close Date	12th September 2025
Listing Date	17th September 2025

The price band for Shringar House of Mangalsutra IPO has been prescribed as ₹155 to ₹165 per share, with a total of 2,43,00,000 shares issued. Let’s segregate the share quota fixed for different categories of investors.

Categories	Shares Offered	% Shares offered
Market Maker Shares Offered	1,21,40,000	49.96%
QIB Shares Offered	36,42,000	14.99%
NII (HNI) Shares Offered	84,98,000	34.97%
Retail Investors	20,000	0.08%
Total Shares Offered	2,43,00,000	100.00%

Shringar House of Mangalsutra IPO Subscription Status

As of now, the Shringar House of Mangalsutra IPO has been subscribed to 24.20 times. Of these, 20.22 times are subscribed by retail investors, 56.45 times by non-institutional investors, and 6.87 times by QII (Qualified Institutional Investors).

The healthy subscription status indicates that investors are expecting higher returns at the time of the Shringar House of Mangalsutra IPO listing on 17th September 2025. Shringar House of Mangalsutra IPO also has a positive outlook behind the fresh issue of 2.43 crore shares, which is expected to raise around Rs 400.95 crore.

Shringar House of Mangalsutra IPO GMP Today

We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the Shringar House of Mangalsutra IPO GMP for 12th September 2025.

The grey market premium for this IPO is 18.79% or Rs 31 per share. It indicates that the estimated listing price per share is Rs 165. Numerous factors played a pivotal role in this jump in the Shringar House of Mangalsutra IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs.

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.

Year Ended	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	375.75	265.00	211.55
Revenue	1,430.12	1,102.71	951.29
Profit After Tax	61.11	31.11	23.26
EBITDA	92.61	50.76	38.89
Net Worth	200.85	136.85	105.72
Reserve and surplus	123.72	125.72	94.62
Total Borrowing	123.11	110.09	93.19

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.

Technical Indicators

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 Shringar House of Mangalsutra IPO Limited.

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

Shringar House of Mangalsutra IPO Listing Expectations

The Shringar House of Mangalsutra IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. An 18.79% jump in Shringar House of Mangalsutra IPO GMP indicates that the estimated listing price per share will be approximately Rs 196.

It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendations.

Shringar House of Mangalsutra IPO Dates

IPO Open Date	10th September 2025
IPO Close Date	12th September 2025
Allotment	15th September 2025
Refund Date	16th September 2025
IPO Listing Date	17th September 2025

Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.