{"id":13512,"date":"2025-09-17T17:49:12","date_gmt":"2025-09-17T17:49:12","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/17\/shringar-house-of-mangalsutra-ipo-listing-price-shares-list-at-15-premium-ipo-news\/"},"modified":"2025-09-17T17:49:12","modified_gmt":"2025-09-17T17:49:12","slug":"shringar-house-of-mangalsutra-ipo-listing-price-shares-list-at-15-premium-ipo-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/17\/shringar-house-of-mangalsutra-ipo-listing-price-shares-list-at-15-premium-ipo-news\/","title":{"rendered":"Shringar House Of Mangalsutra IPO Listing Price: Shares List At 15% Premium | Ipo News"},"content":{"rendered":"


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Shringar House of Mangalsutra IPO Listing, Share Price Today: The stock lists at a premium of Rs 188.5 apiece on the NSE, a 14.2% premium over the IPO issue price of Rs 165.<\/h2>\n
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Shringar House of Mangalsutra IPO Listing Today: Check Share Price.<\/p>\n<\/figure>\n

Shringar House of Mangalsutra IPO Listing Price:<\/strong> Shares of Mumbai-based jewellery firm Shringar House of Mangalsutra Ltd on Wednesday listed at a premium of Rs 188.5 apiece on the NSE, a 14.2% premium over the IPO issue price of Rs 165.<\/p>\n

The stock slightly fell after the listing and was trading at Rs 186.12 apiece on the NSE, which is 12.7% higher over the IPO listing price. Finally, the stock ended that day with a 12.05% gain at Rs 184.88 apiece on the NSE.<\/p>\n

The price band of the IPO was fixed in the range of Rs 155-Rs 165 per share. The issue received a 60.31x subscription, garnering bids for 1,02,62,35,800 shares as against the 1,70,16,000 shares on offer. The retail and NII participation stood at 27.26x and 82.58x, respectively. The QIB category received a 101.41x subscription.<\/p>\n

The issue attracted decent grey market interest, with its pre-listing GMP at Rs 31. Based on this, the stock was expected to be listed at nearly Rs 196, implying an 18.8% premium.<\/p>\n

Shringar House of Mangalsutra IPO: Should You Buy, Hold Or Sell?<\/strong><\/p>\n

Shivani Nyati, head of wealth at Swastika Investmart Ltd, said, \u201cShringar House of Mangalsutra Ltd made an impressive debut on the stock market with a listing gain of approximately 63% over its issue price of Rs 83, getting listed at around Rs 135. The company is engaged in designing, manufacturing, and marketing a diverse range of Mangalsutra using 18k and 22k gold along with stones like American diamonds, cubic zirconia, pearls, and semi-precious stones for its B2B clients.”<\/p>\n

It holds a strong presence in its niche segment and is expanding rapidly across key regions in India. \u201cInvestors are advised to book partial profits near current levels while holding the balance with a stop-loss set at Rs 115 to manage downside risk,” Nyati added.<\/p>\n

The Mumbai-based company\u2019s IPO is entirely a fresh issue of 2.43 crore equity shares, worth Rs 401 crore at the upper end of the price band, with no Offer For Sale (OFS) component.<\/p>\n

Proceeds from the fresh issue will be utilised for supporting working capital requirements of the company and general corporate purposes.<\/p>\n

Incorporated in 2009, Shringar House of Mangalsutra is engaged in designing, manufacturing, and marketing a diverse range of Mangalsutras adorned with various stones, such as American diamonds, cubic zirconia, pearls, mother of pearl, and semi-precious stones, crafted in 18k and 22k gold.<\/p>\n

The company primarily serves its business-to-business (B2B) clients and holds about 6 per cent of the organised Mangalsutra market in India as of 2023, according to the draft papers citing a CareEdge report.<\/p>\n

Choice Capital Advisors is the sole book-running lead manager, and MUFG Intime India is the registrar of the issue.<\/p>\n

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Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

First Published:<\/span><\/p>\n
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September 17, 2025, 10:08 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> ipo<\/a> Shringar House Of Mangalsutra IPO Listing Price: Shares List At 15% Premium<\/span><\/div>\n
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Last Updated:September 17, 2025, 17:46 IST Shringar House of Mangalsutra IPO Listing, Share Price Today: The stock lists at a premium of Rs 188.5 apiece on the NSE, a 14.2% premium over the IPO issue price of Rs 165. Shringar House of Mangalsutra IPO Listing Today: Check Share Price. Shringar House of Mangalsutra IPO Listing…<\/p>\n","protected":false},"author":1,"featured_media":784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-13512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/13512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=13512"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/13512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/784"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=13512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=13512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=13512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}