September 12, 2025

IPO Snapshot: Quick Facts Detail Information IPO Opening Date September 10, 2025 ([Groww][1], [Zerodha][2]) IPO Closing Date September 12, 2025 ([Groww][1], [Zerodha][2]) Allotment Date Around September 15, 2025 ([mint][3], [Moneycontrol][4]) IPO Listing Date (tentative) September 17, 2025 ([mint][3], [Fortune India][5]) Price Band ₹155 – ₹165 per share ([Angel One][6]) Lot Size 90 shares per lot ([Zerodha][2]) Minimum Investment (Retail) ₹14,850 (1 lot at upper price band) Maximum Retail Limit Multiple lots allowed subject to SEBI retail investor cap Total Issue Size ₹400.95 crore (fresh issue of 24.3 million equity shares) ([Business Standard][7]) About Shringar House of Mangalsutra Shringar House of Mangalsutra Ltd is a specialised jewellery company focused on mangalsutra designs — a culturally significant ornament for married women in India. The company also manufactures and sells other women’s jewellery including pendants, gold chains, and customised designs. 📖 Looking to understand how IPOs fit into your trading strategy? Check our Stock Market Investment Course for beginner-friendly insights. Key Management & Promoters The Red Herring Prospectus (RHP) lists the main promoters: Full details about the board and senior management can be found in the [BSE Prospectus Filing][9]. Major Products & Business Segments This product niche strategy sets Shringar apart from larger jewellery players. Financial Performance (Highlights) 👉 For investors, strong revenue scale and profitability growth are positives. However, jewellery margins remain sensitive to gold price fluctuations. Competitors & Industry Landscape This means Shringar faces intense competition despite its niche focus. Positives vs Risks ✔ Positives: ⚠ Risks: Should You Apply? (Expert Recommendation) For Short-Term Investors: For Long-Term Investors: 👉 Recommendation: Apply for listing gains in small quantity, but avoid heavy exposure until the company proves its long-term execution.