IPO Updates
Shringar House IPO Date 2025, Review, Price, Allotment Details – Should You Apply?
The Shringar House IPO is one of the most talked-about public issues in the jewelry sector for 2025. Opening on September 10, 2025, and closing on September 12, 2025, this IPO offers a chance to invest in a company known for its focus on mangalsutra jewelry.
If you’re considering applying, this article covers the Shringar House IPO date, price band, allotment details, company background, Grey Market Premium (GMP), and whether it is worth applying.
Shringar House of Mangalsutra IPO: Analysis, Allotment And GMP
Table of Contents
What is Shringar House IPO?
The Shringar House IPO is a fresh equity issue aiming to raise about ₹400.95 crore. The company plans to sell 24.3 million shares at a price band of ₹155 to ₹165 per share.
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 |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Since this is a fresh issue, the raised funds will be used for growth, working capital, and expanding retail presence.
Shringar House of Mangalsutra Limited IPO Dates and Price Band
About Shringar House
Shringar House is a recognized name in the Indian jewelry market, focusing mainly on designing, making, and selling mangalsutras crafted from 18K and 22K gold. The pieces often feature American diamonds, cubic zirconia, and semi-precious stones.
- In 2023, the company held 6% market share in India’s organized mangalsutra segment.
- Its products target middle-class and working women, offering affordable yet elegant jewelry.
- IPO funds will strengthen its supply chain and retail presence across India.
Shringar House IPO to open September 10, 2025 – The Economic Times
IPO Price Band, Lot Size & Allotment
Price Band and Lot Size
The Shringar House of Mangalsutra IPO minimum market lot is 90 shares with 14,850 application amount. The retail investors can apply up-to 13 lots with 1,170 shares of 1,93,050 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 90 | ₹14,850 |
| Retail Maximum | 13 | 1,170 | ₹1,93,050 |
| S-HNI Minimum | 14 | 1,260 | ₹2,07,900 |
| B-HNI Minimum | 68 | 6,120 | ₹10,09,800 |
Retail investors can apply for multiple lots, but allotment will depend on demand.
Share Reservation
- QIBs: Up to 50%
- NIIs: Minimum 10%
- Retail Investors: At least 35%
Listing Details
- Stock Exchanges: NSE & BSE
- Allotment Date: September 15, 2025
- Listing Date: September 17, 2025 (tentative)
📖 Read the Draft Offer Documents filed with SEBI
Grey Market Premium (GMP)
The Grey Market Premium (GMP) for Shringar House stands at ₹25 per share before issue opening.
💡 Investor Takeaways:
- Possible 15%+ listing gains at the upper price band.
- A single retail lot (90 shares) could give ~2,250 profit on listing.
- Strong GMP indicates good market sentiment.
IPO grey market premiums surge ahead of issue opening
Should You Apply for the Shringar House IPO?
✅ Reasons to Apply
- Strong position in the organized mangalsutra market.
- Affordable and popular jewelry for Indian buyers.
- IPO funds earmarked for growth and expansion.
- Positive GMP suggests short-term listing gains.
⚠️ Risks to Consider
- Jewelry sector depends heavily on gold price fluctuations.
- Market volatility can affect listing day performance.
- Always check personal risk tolerance and financial goals.
Shringar House of Mangalsutra IPO Dates
The Shringar House of Mangalsutra IPO date is September 10 and the close date is September 12. The Shringar House of Mangalsutra IPO allotment will be finalized on September 15 and the IPO listing on September 17.
| 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 |
Shringar House of Mangalsutra IPO Company Financial Report
The company reported revenue of ₹1,430.12 crores in 2025 against ₹1,102.71 crores in 2024. The company reported profit of ₹61.11 crores in 2025 against profit of ₹31.11 crores in 2024.
Amount in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹810.80 | ₹783.48 | ₹20.27 | ₹195.47 |
| 2023 | ₹951.29 | ₹919.86 | ₹23.36 | ₹211.55 |
| 2024 | ₹1,102.71 | ₹1,060.55 | ₹31.11 | ₹265.00 |
| 2025 | ₹1,430.12 | ₹1,348.32 | ₹61.11 | ₹375.75 |
Final Thoughts
The Shringar House IPO could be a promising bet for investors looking at the gold jewelry sector. With a niche focus on mangalsutras, a growing market share, and solid GMP, the IPO offers potential listing gains as well as long-term growth prospects.
📅 Subscription Window: September 10 – 12, 2025
📌 Allotment: September 15, 2025
📌 Listing: September 17, 2025 (tentative)
Shringar House of Mangalsutra IPO | Opens Sep 10 | Price Band ₹155–₹165
👉 If you are seeking an entry into the jewelry sector, this IPO looks like a solid option. But as always, diversify your investments and don’t over-allocate.
🔔 Stay tuned for updates on allotment status and listing performance after September 15, 2025.