/ 90 Shares
10-Sep-2025 - 12-Sep-2025
₹ 155 - ₹ 165
₹ 14850.00
90
24,300,000
Face Value - ₹ 10/- Per Share
Listing at BSE, NSE
94,422 Application Required in Retail for 1 Time.
Registrar : Link Intime India Private Ltd
Category | % | Shares/Amount |
---|---|---|
QIB | 50% | 12,140,000 Shares RS.200.31 CR |
HNI 1 | 5% | 1,214,000 Shares RS.20.03 CR @ 963 FORM 1X |
HNI 2 | 10% | 2,428,000 Shares RS.40.06 CR @ 1927 FORM 1X |
Retail | 35% | 8,498,000 Shares RS.140.22 CR @ 94422 FORM 1X |
Employee | 0% | 20,000 Shares RS.0.30 CR |
Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
---|---|---|
94422 FORM 1X | 963 FORM 1X | 1927 FORM 1X |
Category | Lots | Shares | Amount |
---|---|---|---|
Retail (Upto 2 Lakh) | 1 | 90 | ₹ 14,850 |
Retail (Upto 2 Lakh) | 13 | 1170 | ₹ 193,050 |
S-HNI (2 Lakh to 10 Lakh) | 14 | 1260 | ₹ 207,900 |
S-HNI (2 Lakh to 10 Lakh) | 67 | 6030 | ₹ 994,950 |
B-HNI (Above 10 Lakh) | 68 | 6120 | ₹ 1,009,800 |
Incorporated in January 2009, Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India.
The company designs, manufactures, and markets a diverse collection of Mangalsutra 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 4 union territories. In addition, The company expanded internationally to the UK, New Zealand, UAE, USA, and Fiji during Fiscals 2023 to 2025.
The company’s domestic and international corporate clients include Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE), among others
As of March 31, 2025, the company has served 34 corporate clients,1,089 wholesalers, and 81 retailers.
Shringar House of Mangalsutra Limited also manufacture and supply Mangalsutras on a job-work basis to our Corporate Clients. For the Fiscals 2025, 2024, and 2023, The company processed a total of 1,320.72 kgs, 1,221.19 kgs and 870.26 kgs of bullion into Mangalsutras, generating revenue of ?264.83 million, ?193.24 million and ?156.47 million, respectively.
As ofJune 30, 2025, the company has 237 employees.
Competitve Strength
Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Assets | 375.75 | 265.00 | 211.55 |
Total Income | 1,430.12 | 1,102.71 | 951.29 |
Profit After Tax | 61.11 | 31.11 | 23.36 |
EBITDA | 92.61 | 50.76 | 38.89 |
Net Worth | 200.85 | 136.85 | 105.72 |
Reserves and Surplus | 123.72 | 125.72 | 94.62 |
Total Borrowing | 123.11 | 110.09 | 93.19 |
Amount in ? Crore | |||
The Company Shringar House of Mangalsutra IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (? in crores) |
---|---|---|
1 | Funding Working Capital requirements of the Company | 280.00 |
2 | General Corporate purposes |
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