Shringar House of Mangalsutra IPO is set to open on Sept.10, 2025 and will close on Sept. 12, 2025. The Mainboard IPO is a fresh issue worth Rs. 400.95 crores. Shringar House of Mangalsutra will be listing on BSE, NSE tentatively on Sept. 17, 2025.
Shringar House of Mangalsutra IPO Objects of the Issue
| Raising Working Capital |
| General Corporate Purposes |
Shringar House of Mangalsutra IPO Prospectus
Shringar House of Mangalsutra IPO Details
| IPO Date | 10-09-2025 to 12-09-2025 |
| Issue Type | Book build Issue |
| Listing at | BSE, NSE |
| Issue Price Range | Rs.155 to Rs.165 per share |
| Face Value of each share | 10 |
| Lot Size | 90 |
| Total Issue Size | Rs. 400.95 crores |
| Sale Type | Fresh Capital |
| Fresh Issue | 2.43 crore shares (APPROX.) |
| Tentative Allotment | 15th September, 2025 |
| Refund Initiation | 16th September, 2025 |
| Credit to Demat Account | 16th September, 2025 |
| Tentative Listing Date | 17th September, 2025 |
Price Band & Lot Size
The price band for Shringar House of Mangalsutra IPO is set at Rs. 155 to Rs. 165 per share. For the IPO application, the lot size is fixed at 90 shares. The minimum amount of investment (based on the upper price) required by an investor is:
- Retailers ( 1 lot) : Rs. 14850
- sNII (14 lots) : Rs. 2,07,900
- bNII (68 lots) : Rs. 10,09,800
Shringar House of Mangalsutra IPO Reservation
Shringar House of Mangalsutra IPO offers a total of 2,43,00,000 shares, of which:
- Not more than 50% are reserved for QIB
- Not less than 35% are reserved for Retailers
- Not less than 15% are reserved for NII
Lead Manager & Registrar
- Lead Manager : Choice Capital Advisors Pvt. Ltd.
- Registrar : MUFG Intime India Pvt. Ltd.
GMP of Shringar House of Mangalsutra IPO
As of Sept. 9, 2025, GMP of Shringar House of Mangalsutra IPO is Rs. 28 making the expected percentage gain/loss to be 16.97%.
Shringar House of Mangalsutra IPO Subscription Status
To be updated.
About Shringar House of Mangalsutra Ltd.
Found in 2009, Shringar House of Mangalsutra Ltd. is a leading manufacturer and designer company in India. They offers a diverse collection of mangalsutra featuring a wide range of stones, like American diamonds, cubic zirconia, pearls, and semi-precious stones, using 18k and 22k gold for its B2B clients.
The company sells its products to
- Corporate clients
- Wholesale jewellers
- Retailers nationwide
Disclaimer: The information shared on this blog is collected from publicly available online sources and is intended for educational and informational purposes only. It should not be construed as financial, investment, or legal advice. Readers are encouraged to conduct their own research.