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15 Days Price Change

Shringar House IPO

Closing In

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WEBSITE Inc. Year: 2009 Industry: Diamond & Jewellery Listed Page

Profile
Issue Size 280.76 Cr
Profile
Price Range 155  to  165 per share
Profile
Min Investment ₹165
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are amongst the leading and specialised designers and manufacturers of Mangalsutra in India. (Source: CareEdge Report). We 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 our 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. Our Company contributed to around 6% of organized Mangalsutra market in India in CY23 Read More

Basic Info

Face Value 10 per share

Price 155  to  165 per share

P/E (x) 19.2

Sales( Cr.) 1430

PAT( Cr.) 61

EPS 8.6

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Chetan N Thadeshwar Mamta C Thadeshwar Viraj C Thadeshwar Balraj C Thadeshwar

Pre Issue Share Holding 99.99%

Post Issue Share Holding 74.8%

Listing Details:

Listing Price: 187.7

Listing Gain: 12.09%

Current Price: 210.1

Gain On Issue: 210.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 10, 2025
Closing Date Sep 12, 2025
Allotment Sep 15, 2025
Refund Sep 16, 2025
Delivery of Shares Sep 16, 2025
Listing Date Sep 17, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 90 14,850
Retail (Max) 13 1170 193,050
S-HNI (Min) 14 1260 207,900
S-HNI (Max) 67 6030 994,950
B-HNI (Min) 68 6120 1,009,800

Objective of the Issue

1. Funding Working Capital requirements of our Company 2. General Corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 4856000 492445710 101.4x
NII 3642000 300773430 82.6x
Retail 8498000 231298470 27.2x
EMP 20000 1398060 69.9x
Total 17016000 1025915670 60.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Shringar House Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 810 950 1102 1430
Other Income 1 1 1 0
Total Income 811 951 1103 1430
Total Expenditure 780 912 1052 1337
Operating Profit 31 39 51 93
Interest 3 6 6 8
Depreciation 1 2 3 3
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 27 31 42 82
Provision for Tax 7 8 11 21
Profit After Tax 20 23 31 61
Adjustments 0 0 0 0
Profit After Adjustments 20 23 31 61
Adjusted Earnings Per Share 2.9 3.3 4.4 8.5

Shringar House Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 82 106 137 201
Minority's Interest 0 0 0 0
Borrowings 34 17 6 3
Other Non-Current Liabilities 5 4 3 2
Total Current Liabilities 75 85 119 170
Total Liabilities 195 212 265 376
Fixed Assets 20 20 18 19
Other Non-Current Assets 32 33 37 32
Total Current Assets 144 159 210 325
Total Assets 195 212 265 376

Shringar House Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 5 6 2
Cash Flow from Operating Activities -30 13 -15 -7
Cash Flow from Investing Activities -36 -3 -1 -3
Cash Flow from Financing Activities 69 -9 12 9
Net Cash Inflow / Outflow 3 1 -4 -1
Closing Cash & Cash Equivalent 5 6 2 1

Shringar House Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.86 3.29 4.38 8.47
CEPS(Rs) 2.95 3.55 4.75 8.84
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 11.6 14.89 19.28 27.84
Core EBITDA Margin(%) 3.72 3.99 4.51 6.46
EBIT Margin(%) 3.72 3.92 4.39 6.3
Pre Tax Margin(%) 3.37 3.31 3.83 5.72
PAT Margin (%) 2.5 2.46 2.82 4.27
Cash Profit Margin (%) 2.58 2.65 3.06 4.46
ROA(%) 10.37 11.48 13.05 19.08
ROE(%) 24.63 24.86 25.67 36.2
ROCE(%) 17.17 20.09 22.04 31.85
Receivable days 11.57 13.96 17.8 18.92
Inventory Days 49.97 41.23 41.02 47.47
Payable days 3.37 2.04 2.15 7.32
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.12 0.1 0.1 0.13
EV/Core EBITDA(x) 3.15 2.35 2.2 2.05
Net Sales Growth(%) 0 17.28 15.92 29.8
EBIT Growth(%) 0 23.56 29.95 86.32
PAT Growth(%) 0 15.26 33.17 96.48
EPS Growth(%) 0 15.26 33.17 93.22
Debt/Equity(x) 1.13 0.84 0.78 0.6
Current Ratio(x) 1.93 1.88 1.76 1.91
Quick Ratio(x) 0.44 0.65 0.55 0.57
Interest Cover(x) 10.8 6.45 7.82 10.88
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 30% 21% 0% 0%
Operating Profit CAGR 82% 44% 0% 0%
PAT CAGR 97% 45% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 36% 29% 28% 28%
ROCE Average 32% 25% 23% 23%

Company Contact Information

Shringar House of Mangalsutra Ltd.

Rachit S Sinha

+91 90044 29107

cs@shringar.ms

Unit No. B-1, Lower Ground Floor Jewel World (Cotton Exch Bldg) 175, Kalbadevi Rd, Bhuleshwar

IPO Lead Manager(s)

Shringar House of Mangalsutra Ltd.

Choice Capital Advisors Pvt Ltd

Registrar Info

Shringar House of Mangalsutra Ltd.

MUFG Intime India Pvt Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai Mumbai City Maharashtra 400083

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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