Shringar House of Mangalsutra
17 Sep '25MAINBOARD
Min. Investment
₹13,950
Issue size
₹400.95 Cr
GMP
Locked
Overall subscription: 52.89x
Check allotment status
Expert verdict
IPO dates
10 Sep
Opening
12 Sep
Closing
15 Sep
Allotment
17 Sep
Listing
*Refunds will be initiated on 16 Sep '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,850 |
| HNI (Min) | 14 | 1260 | ₹2,07,900 |
Subscription (as on 19 October 2025, 08:30 AM)
Overall52.89x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2009|MD: Mr Chetan N Thadeshwar
- Shringar House of Mangalsutra is a designer and manufacturer specialising in mangalsutras, a traditional necklace worn by married Indian women. The company designs and produces a variety of mangalsutras featuring different stones such as American diamonds, cubic zirconia, pearls, and semi-precious stones, set in 18k and 22k gold. It caters to business-to-business (B2B) clients, including wholesalers, retailers, and corporate clients across India and internationally, with a significant presence in countries like the United Arab Emirates (UAE), the UK, and the USA.
- The company operates from its manufacturing facility located in Lower Parel, Mumbai, where it carries out end-to-end operations, from conceptualisation and design to production. The facility spans 8,300 sq. ft. and is supported by a dedicated in-house team of designers and karigars (artisans).
Issue Details & Objective
Lot size
90 Shares
Price band
₹155 to 165
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 23.06%
QIB - 38.44%
HNI - 11.53%
Retail - 26.91%
Download DRHP (IPO Doc)FAQs
Should I apply for the Shringar House of Mangalsutra IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Shringar House of Mangalsutra IPO?
The issue size of Shringar House of Mangalsutra IPO is ₹400.95 Cr
What are the open and close dates for Shringar House of Mangalsutra IPO?
The Shringar House of Mangalsutra IPO will be open for applications from 10 Sep '25 to 12 Sep '25
What is the lot size and minimum order quantity of Shringar House of Mangalsutra IPO?
The lot size of Shringar House of Mangalsutra IPO is 90 Shares and its minimum investment amount is ₹13,950.
What is the GMP value of Shringar House of Mangalsutra IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Shringar House of Mangalsutra IPO is 17.58
