Shringar House of Mangalsutra Limited, a mumbai based jewellery manufacturing and retail company, was open for its public subscription from September 10, 2025 till September 12, 2025. The valuation of this public offer is Rs.400 crore.
Shringar House of Mangalsutra Limited: IPO Details at a Glance
• IPO Subscription Opens: September 10, 2025
• IPO Subscription Closes: September 12, 2025
• Size of the Issue: Around Rs.400 cr
• Price Range: Rs.155 – Rs.165
• Lot Size: 90 shares
• Minimum Retail Investment: Rs.14,850
• Listing At: NSE SME Platform
• Registrar: MUFG Intime India Private Limited
Shringar House of Mangalsutra Limited: Consolidated Subscription Status
As of Day 3, the IPO was subscribed 59.53 times. Segment-wise consolidated investors participation:
• Total Consolidated Subscription: 59.53x
• Retail Individual Investors: 25.89x
• Retail Investors (Employees): 64.65x
• Qualified Institutional Buyers (QIBs): 101.24x
• NIIs Investors: 82.37x
(Subscription Data Collected: Sep 11, 2025)
Shringar House of Mangalsutra Limited: Company Overview
Shringar House of Mangalsutra Limited, is a Mumbai, Maharashtra based jewellery manufacturing and retail company, with an expertise in mangalsutras, a traditional ornament worn by married women in India. The company has made a strong regional spread through its dedicated product range and branded outlets.
The company mainly focuses on domestic retail market, with strategies to develop across urban and semi-urban regions. The company profits from high-margin products, traditional yet modern designs with personalization, and a rising demand for curated wedding jewellery. Its business model inculcates in-house design, direct-to-consumer sales, and retail growth, making it one of the focused players in their segment.