Shringar House Of Mangalsutra Limited IPO

Shringar House Of Mangalsutra Limited IPO

According to the CareEdge Report, Shringar House of Mangalsutra Limited is among India’s leading and specialized Mangalsutra designers and manufacturers. It focuses on the B2B segment, offering a wide range of Mangalsutras crafted in 18k and 22k gold, adorned with American diamonds, cubic zirconia, pearls, mother of pearl, and semi-precious stones. The Mangalsutra, a traditional necklace symbolizing marital status, holds deep cultural significance for married Indian women. In CY23, the company accounted for approximately 6% of the organized Mangalsutra market in India.

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Price Band

₹0.00

Dates

-

GMP

₹0 (-)

Subscriptions

-

Issue Size

₹0.00 Crs

Shringar House Of Mangalsutra IPO Key Dates
Opening Date

-

Closing Date

-

Basis Of Allotment

-

Initiations Of Refund

-

Credit Of Shares

-

Listing Date

-

Shringar House Of Mangalsutra IPO Objects

  1. Funding Working Capital requirements of our Company
  2. General Corporate purposes

Shringar House Of Mangalsutra IPO Details
Price Band

₹0.00

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹0.00 (2.43 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹0.00 (2.43 Cr Shares)

Face Value

₹10 per equity share

Shringar House Of Mangalsutra IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 0 0
Maximum - - -
Small HNI
Minimum - - -
Maximum - - -
Big HNI
Minimum - - -
Shringar House Of Mangalsutra IPO GMP

The estimated Grey Market Premium of Shringar House Of Mangalsutra IPO is ₹0 per share (-)

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Shringar House Of Mangalsutra IPO Financials

(Rs. in crores)

Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 687.14 1,101.52 950.22 810.19
Profit after Tax 33.03 31.11 23.36 20.27
Net Worth 169.87 136.85 105.72 82.36
Total Borrowing 137.91 110.09 93.19 97.80
Total Assets 371.48 265.00 211.55 195.47
NAV per share (in ₹) 23.95 19.29 14.90 11.61
EPS - Basic (in ₹) 4.66 4.39 3.29 2.86

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
EBITDA 4.61%
PAT 2.82%
RONW 25.65%
ROCE 21.52%
Debt to Equity 0.80
  • All the data pertains to FY 2024-25.
Shringar House Of Mangalsutra IPO Peer Comparision

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Shringar House Of Mangalsutra IPO Peer Comparision

.

Promoter Details
Name Shareholding
Chetan Thadeshwar 55.82%
Mamta Thadeshwar 28.91%
Viraj Thadeshwar 7.63%
Balraj Thadeshwar 7.63%
Total 99.99%
Management Details
Name Designation
Chetan Thadeshwar Chairman & MD
Viraj Thadeshwar CEO
Ritesh Doshi CFO
Company Details

Name: Shringar House of Mangalsutra Limited

Address: Unit No. B-1, Lower Ground Floor, Jewel World (Cotton Exch Bldg), 175, Kalbadevi Rd, Bhuleshwar, Mumbai – 400 002, Maharashtra, India

Number: +91 90044 29107

Email: cs@shringar.ms

Website: www.shringar.ms

Book Running Lead Managers (BRLMs)
Company
Choice Capital Advisors
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RTAs
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MUFG Intime India
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Shringar House Of Mangalsutra IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Shringar House Of Mangalsutra IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 13 Jul 25 and closes on 13 Jul 25.

Shringar House Of Mangalsutra IPO opens on 13 Jul 25 and closes on 13 Jul 25.

The estimated Grey Market Premium of Shringar House Of Mangalsutra IPO is ₹0 per share (-).

The minimum lot size of Shringar House Of Mangalsutra IPO is 0.00 shares & the minimum application amount is Rs. 0.

The allotment date of Shringar House Of Mangalsutra IPO is 13 Jul 25.

The listing date of Shringar House Of Mangalsutra IPO is 13 Jul 25.

Shringar House Of Mangalsutra IPO is subscribed -.

Shringar House Of Mangalsutra IPO is priced at ₹0.00 - ₹0.00 per share.

Click the allotment link on Shringar House Of Mangalsutra IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Shringar House Of Mangalsutra IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date