Shringar House of Mangalsutra IPO 2025: Price Band, Key Dates, Issue Details

The long awaited Shringar House of Mangalsutra IPO is expected to be launched in the market at a fixed price of 155 to 165 per equity share, which will allow the investors to be part of the growth story of one of the leading manufacturers of mangalsutra in India. This first public offering (IPO) will be subscribed on Wednesday, September 10, 2025, and will be closed on Friday, September 12, 2025. This IPO is already causing a lot of excitement in the investment world with its shares provisionally listed on both BSE and NSE by September 17, 2025.

Shringar House of Mangalsutra IPO Information and Important Dates.

The Shringar House of Mangalsutra IPO is a new issue of 2.43 crore equity shares of a face value of 10 each. The company has also set aside at least 20,000 shares just to its employees, an action that reinforces its interest in inclusive growth. The IPO subscription begins on September 10 and ends on September 12, 2025, and the allocation of the anchor investors will take place a day before, on September 9. The shares will be allotted by September 15 and the share proceeds made to investors by refunding the money and the shares into the demat accounts of investors by the end of the day on September 16.

The IPO is priced at 90 equity shares with multiples of 90 afterwards, so the minimum retail investor must invest 14,850 at the higher price of 165. It is worth noting that the issue has allocated at least 50 percent of its shares to qualified institutional buyers (QIBs), 15 percent to non-institutional investors (NIIs), and 35 percent to retail investors, which reflects a balanced approach towards investor participation.

Company Shringar House of Mangalsutra.

Shringar House of Mangalsutra Limited, which deals with designing and production of mangalsutras made of 18k and 22k gold, was established in 2009. The company serves some of the largest retailers and jewellers in the Indian retail and jewelry sectors, such as Titan Company, Malabar Gold, Reliance Retail, Joyalukkas India, and others, with a strong concentration on B2B customers. Shringar House has a substantial presence in the domestic market, evidenced by their broad client base of 34 corporate customers, 1,089 wholesalers and 81 retailers as of March 2025.

Its specialty product line features mangalsutras, which have American diamonds, cubic zirconia, pearls, and semi-precious stones, making it stand out among other competitors due to its ability to blend traditional designs with new design innovations.

Financial Highlights

Shringar house of mangalsutra has shown a tremendous financial performance with the revenues of 2, 429.8 crore in the financial year ending March 2025 (which is 29.8 percent higher than 1,101.5 crore in the financial year ending March 2024). It has nearly doubled its profitability, reaching ₹61.1 crore against 31.1 crore in FY24, a fact that testifies to the well-run operations of the company and the increasing demand of its services by its clients. The fresh IPO proceeds amounting to about 400.95 crore will be utilised mainly to enhance working capital reserves and general corporate purposes.

Competitive Advantage and Development opportunities.

The competitive advantages of Shringar House include its developed network of relationships with customers, design creativity, fit capabilities, and strict quality control measures. Between fiscal year 2023 and 2025, the company has strategically increased its presence in other countries, such as the UK, UAE, USA, New Zealand, and Fiji, a good indication of high growth in the global market.

Having a true management team, seasoned promoters and ongoing financial enhancement, the Shringar House of Mangalsutra is poised to enjoy the new and up-coming market of jewellery in India and the increasing need of the traditional mangalsutras with a new twist of modernism.

Investment Insights: Reason to consider Shringar House of Mangalsutra IPO?

Shringar House of Mangalsutra provides an attractive value proposition to investors looking to invest in an upcoming IPO with strong fundamentals and growth potential. The IPO enables the investors to receive exposure to the niche but flourishing segment of mangalsutra jewelry production supported by well known corporate clientele and diversified product lines. The IPO is offering a fair chance of participation on all sides of the board, with a balanced system of share allocation that is attractive to all types of investors, including retail, institutional and non-institutional investors.

Future investors are advised to note the subscription dates September 10-12, 2025, and to be mindful of the lot size requirements when making their applications. The IPO that is likely to be issued on September 17, 2025, could offer a favorable entry point based on the revenue growth and profitability trends of the company.

IPO Lead Manager and Registrar at Shringar House of Mangalsutra.

Choice Capital Advisors Pvt. Ltd. underwrites the Shringar House IPO with their experience as the book running lead manager, and MUFG Intime India Pvt. Ltd. is the registrar, a pairing that gives promise to a well-run, transparent IPO process.

How to Apply for Shringar House of Mangalsutra IPO via IPO Ji App

Want to apply for the Shringar House of Mangalsutra IPO 2025 without the hassle? The IPO Ji App makes it simple for both beginners and seasoned investors.

Here’s a quick step-by-step guide:

1. Download & Open IPO Ji App Available on Play Store & App Store.
2. Create/Log in to Your Account by Entering PAN, mobile number, and bank details.
3. In IPO Section Search for “Shringar House of Mangalsutra IPO”.
4. Select Bid Details the price and lot quantity.
5. UPI Mandate Complete the payment using your UPI-linked bank account.
6. Once confirmed, you’ll receive an application reference number.
7. Use the IPO Ji to monitor allotment status.

With IPO Ji App, investors can apply seamlessly in just a few clicks – no paperwork, no delays!

It is an IPO that provides an investor with a portion of the quickly growing Indian jewelry market paired with a strong brand in the manufacturing of mangalsutra. And be it a long-term investment or a strategic addition to the portfolio during the IPO listing event, Shringar House of Mangalsutra is a promising opportunity to consider.

Interested investors who may need additional information or those who want to apply to Shringar House of Mangalsutra IPO need to monitor the official IPO notification from ipoji.com beginning September 10, 2025.