
Shringar House of Mangalsutra IPO 2025: Introduction
The Shringar House of Mangalsutra IPO is making headlines in 2025, drawing keen interest from both institutional and retail investors in India’s booming jewelry and wedding finance sector. As a book-built issue worth ₹400.95 crores, this IPO offers a unique prospect to invest in a niche but rapidly growing jewelry segment, underpinned by robust financials and modern business strategies.
Shringar House of Mangalsutra IPO 2025: Company Overview
- Shringar House of Mangalsutra Limited is a renowned jewelry manufacturer specializing in mangalsutras. It was founded in 2009 and is headquartered in Mumbai.
- The IPO consists of a completely new equity issue of 24.3 million shares, with no offer-for-sale from existing promoters.
- Shares are priced at ₹155-₹165 per equity share (face value ₹10 each), with a minimum lot size of 90 shares, making the total entry investment for retail investors ₹14,850.
Shringar House of Mangalsutra IPO 2025: Key Dates & Details
Event | Date | Details |
---|---|---|
IPO Open | 10 September 2025 | All categories: QIB, HNI, Retail |
IPO Close | 12 September 2025 | Bidding closes 5 PM IST. |
Allotment Date | 15 September 2025 | Expect status update on registrar’s site |
Refunds Initiation | 16 September 2025 | For unallotted investors |
Demat Credit | 16 September 2025 | Shares credited to demat account |
Listing Date | 17 September 2025 | BSE and NSE listing announced |
- Anchor investment occurs on 9 September, with a lock-in period as per regulatory norms.
- The IPO is managed by Choice Capital Advisors, and MUFG Intime India Pvt. Ltd. serves as the registrar.
Shringar House of Mangalsutra IPO 2025: Investment Highlights: Why Focus on This IPO?
Financial Growth
- Revenues have grown impressively from ₹810 crore in 2022 to ₹1,430 crore in 2025.
- Profits nearly tripled in three years: from ₹20.27 crore (2022) to ₹61.11 crore (2025).
- Key metrics: ROE 36.2%, ROCE 32.4%, PAT Margin 4.27%—reflecting strong returns and operational efficiency.
Niche Leadership
- Shringar House specializes in mangalsutra design and manufacturing, which is a high-demand cultural jewelry segment in India, catering to both B2B and B2C clients globally.
- Major B2B clients include Titan, Malabar Gold, Reliance Retail, and Joyalukkas.
Integrated Operations
- The company boasts an in-house design team of 12 and employs 182 skilled Karigars (artisans).
- End-to-end capabilities and tech adoption provide a competitive edge.
IPO Utilization
- Working capital accounts for nearly 70% utilization of IPO proceeds.
- TThe remaining funds will be allocated to general operations and various corporate needs.
Shringar House of Mangalsutra IPO 2025: Actionable Tips for Retail Investors
- Apply in the cutoff price:
InIncrease your chances of allotment by bidding at the higher band of ₹165. - Understand lot structure:
Minimum 90 shares per lot, up to 13 lots for retail, 14+ for S-HNI, and 68+ for B-HNI. - Follow schedule:
Apply well before the September 12 5PM cutoff to avoid technical snags. - Monitor GMP (Grey Market Premium):
Track real-time premium updates on trusted portals to gauge sentiment—recent market data shows a ~₹25/share premium over issue price, hinting at robust demand. - Prepare for refund timelines:
If shares are not allotted, blocked funds are typically released within one day of the allotment. - Keep KYC and banking details ready before bidding—ensure a seamless transaction.
Shringar House of Mangalsutra IPO 2025: Data-Driven Insights:Comparing Shringar House of Mangalsutra IPO with Peers
Company | EPS | P/E Ratio | RoNW (%) | Revenue (Cr.) [Recent] |
---|---|---|---|---|
Shringar House | ₹8.57 | N/A | 36.20 | ₹1,430 |
Utssav CZ Gold | ₹11.63 | 16.85 | 30.94 | ₹646 |
RBZ Jewellers | ₹9.70 | 13.37 | 17.15 | ₹530 |
Sky Gold | ₹9.52 | 28.73 | 28.59 | ₹3,548 |
- Shringar House boasts better RoNW (36.20%) and revenue scale than comparable jewelry peers, reinforcing its niche dominance.
Shringar House of Mangalsutra IPO 2025: Risks & Considerations
- Product concentration:
The company heavily relies on a single jewelry category, Mangalsutra. - Competitive threats:
LaJewelers with diverse portfolios may capture more market share. - Design protection:
Risks around imitation and unregistered design IP. - Gold price volatility:
Fluctuations can affect margins and working capital needs.
How to Apply for the Shringar House of Mangalsutra IPO Online
- Log in to your broker’s trading platform (e.g., Zerodha, Groww, or Upstox).
- Navigate to the IPO section, and search “Shringar House of Mangalsutra IPO.”
- Enter application details (number of lots, price—apply at cutoff for retail).
- Confirm KYC and authorize funds via UPI or ASBA.
- Track application status using your broker’s dashboard or the registrar’s site post-allotment.
Shringar House of Mangalsutra IPO 2025: Frequently Asked Questions (FAQs)
What is the Shringar House of Mangalsutra IPO issue size?
Total IPO size is ₹400.95 crores, comprising 24.3 million shares.
What is the price band and lot size?
Price band: ₹155-₹165 per share; retail investors can apply for at least 90 shares (1 lot).
Who are the key clients and partners of the company?
Prominent clients: Titan, Malabar, Reliance Retail, Joyalukkas, and Damas Jewellery.
What is the company’s financial health?
FY2025 revenue at ₹1,430 crore; profit ₹61.11 crore; robust RoNW of 36%.
Where to check the Shringar House of Mangalsutra IPO allotment status?
VisIt is the registrar’s portal (MUFG Intime India Pvt. Ltd.) for official allotment status updates.
READ MORE:
Subros Share Buy Recommendation 2025: In-Depth Analysis & Long-Term Investment Insights
Conclusion
The Shringar House of Mangalsutra IPO presents a promising investment opportunity for retail and institutional investors seeking entry into a fast-growing niche within the jewelry industry. With strong financials, industry-leading returns, and prudent IPO size and pricing, it stands apart from peer offerings. Investors are encouraged to apply by the deadline, stay updated with market trends, monitor GMP, and, most importantly, diversify their portfolio to manage risks. Follow this blog for continuous updates on IPOs, stock market analysis, and wealth-building strategies.