Shringar House of Mangalsutra Limited
ListedMainboardConsumer Goods · NSE / BSE
Shringar House of Mangalsutra Limited, incorporated in January 2009, specializes in designing and manufacturing Mangalsutras in India. The company offers a wide collection featuring American diamonds, cubic zirconia, pearls, and semi-precious stones, crafted in 18k and 22k gold for its B2B clients. Its products are supplied to corporate clients, wholesalers, and retailers across India, as well as exported to countries including the UK, New Zealand, UAE, USA, and Fiji. Its client base includes renowned names such as Malabar Gold, Titan, GRT Jewellers, Reliance Retail, Joyalukkas, and Damas Jewellery (UAE). As of September 30, 2024, the company had served 31 corporate clients, 76 wholesalers, and 731 retailers, with higher figures recorded in Fiscal 2024. During the six months ending September 30, 2024, and in Fiscal 2024, 2023, and 2022, the company processed 638.48 kgs, 1,221.19 kgs, 1,272.11 kgs, and 870.26 kgs of bullion into Mangalsutras, generating revenues of ₹115.48 million, ₹193.24 million, ₹156.47 million, and ₹99.98 million respectively. As of December 31, 2024, it employed a 12-member in-house design team, 182 in-house Karigars, and partnered with third-party Karigars to meet increasing demand while staying aligned with market trends.
Price Band
₹155 – ₹165
Issue Size
₹401 Cr
Lot Size
90 shares
GMP
₹21
+12.7%
Est. Listing
₹186
at current GMP
Subscribed
60.29x
overall
Open
10 Sep 2025
Close
12 Sep 2025
Allotment
15 Sep 2025
Refund
16 Sep 2025
Demat Credit
17 Sep 2025
Listing
17 Sep 2025
Last updated 12 days ago
Official Registrar Verification
Shringar House of Mangalsutra Limited Allotment Status
Designated Registrar: Link Intime India Private Ltd (MUFG)
Allotment Date
15 Sep 2025
Basis finalization
Refunds Initiate
16 Sep 2025
Mandate release
Demat Credit
17 Sep 2025
Shares in demat
Listing Debut
17 Sep 2025
Trading begins
How to Check Shringar House of Mangalsutra Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Ltd (MUFG)'s allotment portal.
- Select Shringar House of Mangalsutra Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Shringar House of Mangalsutra Limited Public Issue & Market Profile
Shringar House of Mangalsutra Limited is bringing an initial public offering (IPO) in the Consumer Goods sector with an aggregate issue size of ₹400.95 Crores. The shares are offered at a price band of ₹155 to ₹165 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2025-09-12, the basis of allotment is scheduled to be finalized on 2025-09-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd (MUFG)) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.