Shringar House of Mangalsutra Ltd IPO

Shringar House of Mangalsutra Ltd IPO

Diamond, Gems and Jewellery

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Bidding period

10 Sep 2025 - 12 Sep 2025

Bid price

₹155.00 - ₹165.00

Listing on

BSE, NSE

Listing date

17 Sep 2025

Lot size

90 shares

Issue size

₹400.95 crore


Minimum investment

₹14,850.00 / 1 lot

Maximum investment

₹1,93,050.00 / 13 lot

Bidding closes in 6 days

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Shringar House of Mangalsutra Ltd IPO dates

IPO opening date

10 Sep 2025

IPO end date

12 Sep 2025

Allotment date

15 Sep 2025

Initiation of refunds

16 Sep 2025

Credit of shares to demat

16 Sep 2025

IPO listing date

17 Sep 2025

Shringar House of Mangalsutra Ltd IPO financials

Particulars

For the period ending in March 2024 (in ₹ million)

Total assets ₹265.00
Total liabilities ₹265.00
Total expenditure ₹1,060.55
Total revenue ₹1,102.71
Profit after tax ₹31.10
EBITDA ₹50.76
Adjusted EBITDA ₹0.00

Shringar House of Mangalsutra Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 99.99 74.8
Public group 0.01 25.2

Shringar House of Mangalsutra Ltd strengths and risks

Information currently unavailable

  • Established client base and long-standing relationship with our clients. We supply and/or our products to a diverse range of clients including Corporate Clients,

  • Design innovation and diversified product portfolio.

  • Integrated Manufacturing Facility setup under one roof equipped to produce variety of Mangalsutras.

  • Quality control and quality assurance for manufacturing of Mangalsutras.

  • Proven track record of growth in financial performance.

  • Experienced Promoters and a professional management team.

  • We derive a significant portion of our revenue from operations from the sale of our Mangalsutras to our Corporate Clients (33.99%, 31.78% and 30.18% in Fiscal 2025, Fiscal 2024 and Fiscal 2023), retailers (54.47%, 54.13% and 52.46% in Fiscal 2025, Fiscal 2024, and Fiscal 2023) and wholesalers (11.50%, 14.04% and 17.31% in Fiscal 2025, Fiscal 2024, and Fiscal 2023) and we do not have long term contracts with any of these clients. Loss of any of these clients, or the cancellation of their purchase orders, could adversely affect our business, cash flows, financial condition, and overall results of operations.

  • During Fiscal 2025, Fiscal 2024 and Fiscal 2023, the actual capacity utilisation was 69.00%, 70.00% and 66.80%, respectively of total installed capacity Under-utilisation of our manufacturing capacities and an inability to effectively utilise our expanded manufacturing capacities could have an adverse effect on our business, future prospects and future financial performance.

  • Our Company requires significant amount of working capital for continued growth. We intend to utilise Rs.2,800.00 million from the total Net Proceeds towards funding our working capital requirements, and the proposed deployment of Net Proceeds in Fiscal 2026 is based on certain assumptions and management estimations. Our inability to meet our working capital requirements, on commercially acceptable terms, may have an adverse impact on our business, financial condition and results of operations.

  • Our business operations are supported by a single Manufacturing Facility, located in Mumbai, Maharashtra. A slowdown or shutdown in our manufacturing operations or any adverse development affecting such region could have an adverse effect on our business, results of operations, financial condition and cash flows.

  • Our business is primarily concentrated in state of Maharashtra, which accounted for 49.50%, 49.21% and 44.11% of our revenue from operations for Fiscal 2025, Fiscal 2024 and Fiscal 2023 respectively. Any adverse development affecting such region may have an adverse effect on our business, prospects, financial condition and results of operations.

  • 100% of our revenue from operations is dependent on sale and supply of single product, Mangalsutra. Any reduction in the sale of Mangalsutras, or our inability to manufacture and sell Mangalsutras, may have an adverse effect on our business, results of operations, cash flows and financial condition.

  • We experienced significant increase in trade receivables from Rs. 469.93 million as of March 31, 2023 to Rs. 604.69 million as of March 31, 2024 and further to Rs. 877.74 million as of March 31, 2025. Our inability to effectively collect receivables and default in payment from our customers could result in the reduction of our profits and adversely affect our business, financial condition, cash flows and results of operations.

  • Our Statutory Auditors has included a remark in connection with the Companies (Auditor's Report) Order, 2020/ Companies (Auditor's Report) Order, 2016.

  • We have had negative cash flows from operating activities accounting for Rs. (70.93) million and Rs.(141.24) million for the Fiscal 2025 and Fiscal 2024 respectively and may, in the future, experience similar negative cash flows.

  • We do not own some of the premises from where we operate.

How to check the allotment status of the Shringar House of Mangalsutra Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Shringar House of Mangalsutra Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

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Shringar House of Mangalsutra Ltd IPO registrar

MUFG Intime India Pvt Ltd

Phone number +91 81081 14949
E-mail ID shringar.ipo@linkintime.co.in
Website www.linkintime.co.in

Shringar House of Mangalsutra Ltd IPO reservation

QIB shares offered

0 (0.0%)

NII (HNI) shares offered

0 (0.0%)

Retail shares offered

0 (0.0%)

Anchor investor shares offered

0 (0.0%)

Total shares offered

0

Total shares with anchor investor

0

Shringar House of Mangalsutra Ltd IPO lead manager

  • Choice Capital Advisors Pvt Ltd

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How to apply for an IPO with Bajaj Broking?

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  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the Shringar House of Mangalsutra Ltd IPO?

The listing date for the Shringar House of Mangalsutra Ltd IPO is 17 Sep 2025.

What is the issue size of Shringar House of Mangalsutra Ltd IPO?

The issue size of the Shringar House of Mangalsutra Ltd IPO is ₹400.95 cr.

What is the minimum lot size needed for Shringar House of Mangalsutra Ltd IPO?

The minimum lot size for Shringar House of Mangalsutra Ltd IPO is 90

When does the Shringar House of Mangalsutra Ltd open and close?

Shringar House of Mangalsutra Ltd IPO is open from 10 Sep 2025 to 12 Sep 2025.

How can I apply for the Shringar House of Mangalsutra Ltd IPO?

To apply for the Shringar House of Mangalsutra Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
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