How to Check Shringar House of Mangalsutra IPO Allotment Status?

Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India, incorporated in January 2009. The company operates with 237 employees as of June 30, 2025, designing, manufacturing, and marketing diverse collections of Mangalsutra featuring various stones including American diamonds, cubic zirconia, pearls, and semi-precious stones using 18k and 22k gold for business-to-business clients while serving 34 corporate clients, 1,089 wholesalers, and 81 retailers as of March 31, 2025, with presence in 24 states and 4 union territories domestically and international expansion to UK, New Zealand, UAE, USA, and Fiji, including corporate clients such as Malabar Gold Limited, Titan Company Limited, GRT Jewellers, Reliance Retail, Joyalukkas India, and Damas Jewellery.

The Shringar House of Mangalsutra IPO came with a total issue size of ₹400.95 crore, comprising entirely a fresh issue of 2.43 crore shares aggregating to ₹400.95 crore. The IPO opened on September 10, 2025, and closed on September 12, 2025. The allotment for the Shringar House of Mangalsutra IPO is expected to be finalized on Monday, September 15, 2025. The Shringar House of Mangalsutra IPO share price band was set at ₹155 to ₹165 per share.
 

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Steps to Check Shringar House of Mangalsutra IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Pvt.Ltd. website  
• Select "Shringar House of Mangalsutra" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Shringar House of Mangalsutra IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Shringar House of Mangalsutra" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Shringar House of Mangalsutra IPO Subscription Status

Shringar House of Mangalsutra IPO received exceptional investor interest, being subscribed 60.31 times overall. The subscription showed outstanding confidence across categories in the Shringar House of Mangalsutra IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:37 PM on September 12, 2025:

• Non-Institutional Investors (NII): 82.58 times.
• QIB Category: 101.41 times.

Shringar House of Mangalsutra Share Price and Investment Details

The Shringar House of Mangalsutra IPO stock price band was set at ₹155 to ₹165 per share with a minimum lot size of 90 shares. The minimum investment required for retail investors was ₹14,850 for 1 lot (90 shares). The issue included up to 72,84,000 shares allocated to anchor investors raising ₹120.19 crore. Given the exceptional subscription response of 60.31 times overall, with QIB category showing extraordinary response at 101.41 times and NII demonstrating exceptional response at 82.58 times, the Shringar House of Mangalsutra IPO share price is expected to list with exceptional premium.

Utilisation of IPO Proceeds

The IPO is a complete offer for sale. Hence, the company will not receive any proceeds. The objective of the issue is to:

• Funding Working Capital requirements of the Company: ₹280.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

Shringar House of Mangalsutra Limited operates with established client base and long-standing relationships, design innovation and diversified product portfolio, integrated manufacturing facility, quality assurance and quality control of Mangalsutras, continuously improving financial performance, and experienced promoters with professional management team while specializing in B2B Mangalsutra manufacturing and supply including job-work basis processing of bullion into Mangalsutras for corporate clients.

The company maintains niche position in Mangalsutra segment with first preference among clients, processing significant quantities of bullion (1,320.72 kgs in Fiscal 2025) into Mangalsutras while serving diverse client base across corporate clients, wholesale jewellers, and retailers nationwide with international presence, demonstrating strong growth trajectory through established relationships with major jewelry retailers and consistent expansion in domestic and international markets.