Shringar House of Mangalsutra IPO is to open on September 10, 2025. It is a Mainboard IPO that will raise ₹400.95 crores. The Shringar House of Mangalsutra IPO price band is fixed at ₹155 to ₹165 with a market lot of 90 Shares.
Business Overview
Shringar House of Mangalsutra Limited, founded in January 2009, is one of the leading companies that manufactures and designs Mangalsutra in India. The company uses a wide range of stones, like American diamonds, cubic zirconia, pearls, and semi-precious stones, in order to craft a diverse range of mangalsutras in 18k and 22k gold for its B2B clients.
Shringar House of Mangalsutra includes a 12-member design team and 182 in-house Karigars as of December 31, 2024. The company supplies its products across the United Kingdom, New Zealand, the UAE, the USA, and the Republic of Fiji, catering to corporate clients, wholesale jewellers, and retail outlets. Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE) are some major clients of the company. In FY24, it served 33 corporate clients, 96 wholesalers, and 832 retailers.
Shringar House of Mangalsutra IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Subject to |
| 17 Sep | ₹27 |  | ₹- |
| 16 Sep | ₹32 |  | ₹- |
| 15 Sep | ₹32 | | ₹- |
| 13 Sep | ₹32 | | ₹- |
| 12 Sep | ₹32 | | ₹- |
| 11 Sep | ₹30 | | ₹- |
| 10 Sep | ₹31 | | ₹- |
| 9 Sep | ₹26 | | ₹- |
| 8 Sep | ₹25 | | ₹1,600 |
| 6 Sep | ₹20 | | ₹1,800 |
| 5 Sep | ₹26 | | ₹1,700 |
| 4 Sep | ₹- | – | ₹- |
Shringar House IPO Details
| IPO Open Date: | September 10, 2025 |
| IPO Close Date: | September 12, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹155 to ₹165 Per Share |
| Issue Size: | Approx ₹400.95 Crores |
| Fresh Issue: | Approx ₹400.95 Crores |
| Lot Size: | 90 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| DRHP Draft Prospectus: |  |
| RHP Draft Prospectus: | |
Shringar House of Mangalsutra IPO Dates
| IPO Open Date: | September 10, 2025 |
| IPO Close Date: | September 12, 2025 |
| Basis of Allotment: | September 15, 2025 |
| Refunds: | September 16, 2025 |
| Credit to Demat Account: | September 16, 2025 |
| IPO Listing Date: | September 17, 2025 |
| IPO Bidding Cut-off Time: | September 12, 2025 – 5 PM |
Shringar House of Mangalsutra IPO GMP aka Grey Market Premium FAQs:
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Disclaimer:
- IPO Grey Market Premium (Shringar House of Mangalsutra IPO GMP) mention is valid for the specific date as mentioned in the header.
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