IPOName: Shringar House of Mangalsutra IPO; ListingDate: 2025-09-17; IPOSize: 401; PriceBand: 155-165; OpenDate: 2025-09-10; CloseDate: 2025-09-12; LotSize: 90; Exchange: NSE, BSE; Registrar: KFin Technologies; IssueType: Book Built; FaceValue: ₹10;
Shringar House of Mangalsutra IPO Overview
Shringar House of Mangalsutra, a Mumbai-based company specializing in the design and manufacture of mangalsutras, is gearing up for its 2025 IPO. The company is known for its exclusive focus on this culturally significant product, with over 10,000 active designs and a presence across 24 Indian states, 4 union territories, and select international markets. Strong demand and brand recognition have made this IPO highly anticipated among investors.
About Shringar House of Mangalsutra
Founded in 2009, Shringar House has become a leading player in the organized mangalsutra market in India. The company offers a diverse range of products using gold, American diamonds, cubic zirconia, pearls, and semi-precious stones. It caters to both domestic and international customers and aims to expand its market share leveraging brand trust and specialized focus.
Shringar House of Mangalsutra IPO Details
| IPO Name | Shringar House of Mangalsutra IPO |
| Listing Date | 2025-09-17 |
| IPO Size | ₹401 Cr |
| Price Band | ₹155 – ₹165 |
| Open Date | 2025-09-10 |
| Close Date | 2025-09-12 |
| Lot Size | 90 Shares |
| Exchange | NSE, BSE |
| Registrar | KFin Technologies |
| Issue Type | Book Built Issue |
| Face Value | ₹10 per share |
Strengths of Shringar House
- Exclusive focus on the mangalsutra segment, a culturally significant product in India.
- Extensive design portfolio catering to diverse customer preferences.
- Established presence in domestic and international markets.
- Experienced management team with a legacy in the jewelry industry.
Risks to Consider
- Dependence on a single product category, which may limit diversification.
- Fluctuations in gold prices affecting cost structures.
- Intense competition in the jewelry manufacturing sector.
Should You Invest?
The IPO is witnessing strong demand, with a grey market premium (GMP) of up to 18% ahead of opening. Investors seeking exposure to a specialized and culturally significant jewelry brand may consider subscribing, keeping in mind the associated risks and market conditions.
Disclaimer
This article is for educational purposes only. It does not constitute financial advice. Investors should consult their advisors before investing.
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