| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 90 | ₹14,850 |
| HNI / NII | 14 | 1,260 | ₹2,07,900 |
| bHNI / bNII | 68 | 6,120 | ₹10,09,800 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,21,40,000 (49.96%) | — | ₹20,031.00 Cr |
| NII / HNI (Total) | — | 36,42,000 (14.99%) | — | ₹6,009.30 Cr |
| Retail Investors | — | 84,98,000 (34.97%) | — | ₹14,021.70 Cr |
| Employee | — | 20,000 (0.08%) | — | ₹3.30 Cr |
| Total ** | — | 2,43,00,000 (100.00%) | — | ₹400,950.00 Cr |
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 1430.12 | 1102.71 | 951.29 |
| PAT | 61.11 | 31.11 | 23.36 |
| EBITDA | 92.61 | 50.76 | 38.89 |
| Net Worth | 200.85 | 136.85 | 105.72 |
| Total Assets | 375.75 | 265.00 | 211.55 |
| Reserves | 123.72 | 125.72 | 94.62 |
| Borrowings | 123.11 | 110.09 | 93.19 |
Incorporated in January 2009, Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India.
The company designs, manufactures, and markets a diverse collection of Mangalsutra featuring various stones like American diamonds, cubic zirconia, pearls, and semi-precious stones, using 18k and 22k gold for its business-to-business (B2B) clients.
The company sells its products to corporate clients, wholesale jewellers, and retailers nationwide.
The company serve a diverse client base, including corporate clients, wholesale jewellers, and retailers across India, with a presence in 24 states and 4 union territories. In addition, The company expanded internationally to the UK, New Zealand, UAE, USA, and Fiji during Fiscals 2023 to 2025.
The company’s domestic and international corporate clients include Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery (UAE), among others
As of March 31, 2025, the company has served 34 corporate clients,1,089 wholesalers, and 81 retailers.
Shringar House of Mangalsutra Limited also manufacture and supply Mangalsutras on a job-work basis to our Corporate Clients. For the Fiscals 2025, 2024, and 2023, The company processed a total of 1,320.72 kgs, 1,221.19 kgs and 870.26 kgs of bullion into Mangalsutras, generating revenue of ₹264.83 million, ₹193.24 million and ₹156.47 million, respectively.
As ofJune 30, 2025, the company has 237 employees.
Competitve Strength
Shringar House of Mangalsutra Ltd. IPO · Expected 15 Sep 2025
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