IPO Advisory
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Jewellery
Sub Sector: Specialised designers and manufacturers of Mangalsutra
Shringar House of Mangalsutra Limited is amongst the leading and specialised designers and manufacturers of Mangalsutra in India. They are engaged in designing, manufacturing, and marketing, a varied range of Mangalsutra studded with diverse range of stones including but not limited to, American diamond, cubic zirconia, pearl, mother of pearl, and semi-precious stones,in 18k and 22k purity of gold, to their business-to-business (“B2B”) clients. Mangalsutra is a traditional necklace, crafted from gold and black beads worn by married Indian women which symbolizes marital status and is a sacred thread that is believed to bless and extend the life of the spouse. The Company contributed to around 6% of organized Mangalsutra market in India in CY23.The Mangalsutra is more than a piece of jewellery in India; it embodies personal identity, cultural heritage, and marital commitment. Preferences for Mangalsutra designs vary significantly across different age groups, reflecting the evolving interests, lifestyles, and values of Indian women. Every demographic has different needs and perspectives, from senior women who value traditional motifs to young brides who choose modern patterns.
MUFG Intime India Private Limited
Shringar House of Mangalsutra operates in Jewellery and Specialised designers and manufacturers of Mangalsutra. The Issue would be listed on MainBoard. The registrar of the Issue is MUFG Intime India Private Limited. The IPO type of Shringar House of Mangalsutra is Book Building Process and Object of issue is
Merchant Banker of Shringar House of Mangalsutra IPO is Choice Capital Advisors Private Limited
The DRHP (Draft Red Herring Prospectus) of Shringar House of Mangalsutra IPO was filed on 05 Feb 2025.
No, Shringar House of Mangalsutra IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Shringar House of Mangalsutra are not available now. You can apply in Shringar House of Mangalsutra IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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