Shringar House of Mangalsutra
Open
Open
IPO Closes in
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IPO Timeline
Issue open date
10 Sep 2025Issue close date
12 Sep 2025UPI mandate deadline
12 Sep 2025Allotment finalization
15 Sep 2025Refund initiation
16 Sep 2025Share credit
16 Sep 2025Listing date
17 Sep 2025Mandate end date
29 Sep 2025Lock-in end date for anchor investors (50%)
5 Oct 2025Lock-in end date for anchor investors (remaining)
14 Dec 2025Grey Market Premium Trend
₹29
Current GMP
₹194
Est. Listing Price
17.6%
Est. Listing Gain
₹155 - ₹165
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 9 Sep | ₹29 | ₹194 | 17.58% |
| 8 Sep | ₹30 | ₹195 | 18.18% |
| 7 Sep | ₹25 | ₹190 | 15.15% |
| 6 Sep | ₹24 | ₹189 | 14.55% |
| 5 Sep | ₹24 | ₹189 | 14.55% |
| 4 Sep | ₹20 | ₹185 | 12.12% |
| 3 Sep | ₹25 | ₹190 | 15.15% |
| 2 Sep | ₹0 | ₹165 | 0.00% |
| 1 Sep | ₹0 | ₹165 | 0.00% |
IPO Closes in
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💸
IPO Subscription Status
| Category | Times | Allotment Chances |
|---|---|---|
| HNIs (Total) | 2.66 | 37.6% |
| bHNI | 2.48 | 40.3% |
| sHNI | 3.02 | 33.1% |
| QIBs | 0.01 | 100% |
| Retail | 2.78 | 36.0% |
| Employees | 8.91🔥 | 11.2% |
Last updated: 10 September'25 11:14AM
Key Dates
Open
10 Sep 2025Close
12 Sep 2025Listing
17 Sep 2025Quick Stats
Issue Size:400cr
Lot Size:90 shares
About the Company
Shringar House of Mangalsutra was founded by Chetan Thadeshwar and Mamta C. Thadeshwar, building on the family’s longstanding background in the goldsmith trade dating back to the late 20th century. Headquartered in Mumbai, the company specialises exclusively in the design and manufacture of Mangalsutras in 18k and 22k gold. With an integrated manufacturing facility and in-house designers, the company caters to a broad B2B clientele, including retailers, wholesalers, and corporate clients across India and select international markets.
Strengths
- Strong relationships with over 15 years of client retention.
- Diverse domestic and global B2B customer base.
- Specialised in innovative, customised Mangalsutra designs.
- Integrated manufacturing with advanced tech and skilled Karigars.
- Consistent financial growth with improving profitability margins.
Risks
No risks provided as of now. Please check back later.
Shringar House of Mangalsutra IPO – Frequently Asked Questions
- The price band for the Shringar House of Mangalsutra IPO is set at ₹155 to ₹165 per share.
- The Shringar House of Mangalsutra IPO opens on September 10, 2025 and closes on September 12, 2025.
- The tentative listing date for the Shringar House of Mangalsutra IPO is September 17, 2025.
- You can apply for the Shringar House of Mangalsutra IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Shringar House of Mangalsutra, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Shringar House of Mangalsutra IPO is 90 shares. Investors must apply for at least one lot (i.e., 90 shares).