Price Band
₹90 - ₹90
Lot Size
1600
Issue Size
₹46.28 Cr
GMP
N/A
Subscription
60.31x
Analyzing...
IPO Schedule
1
Open
3 Dec 2025
2
Close
5 Dec 2025
3
Allotment
15 Sept 2025
4
Listing
17 Sept 2025
About Shringar House of Mangalsutra Ltd
Shringar House of Mangalsutra Ltd. is primarily engaged in the retail sale of mangalsutras and other jewelry items. They focus on providing a wide variety of designs and cater to diverse customer preferences within the traditional Indian jewelry market.
Key Strengths
- High Return on Equity (ROE) of 47.61% indicates efficient utilization of shareholder funds and strong profitability.
- Competitive Price to Earnings (P/E) ratio of 16.23 may suggest undervaluation compared to industry peers (further industry analysis needed).
- Established presence in the mangalsutra market, potentially with a loyal customer base.
- Focus on a specific product segment (mangalsutras) allows for specialization and targeted marketing efforts.
- Mainboard listing enhances visibility and potential for institutional investor interest.
Risk Factors
- •Reliance on a single product category (mangalsutras) exposes the company to market fluctuations and changing consumer preferences within that segment.
- •Competition from established jewelry brands and unorganized players could impact market share and profitability.
- •Fluctuations in gold prices and other precious metal costs can significantly affect raw material expenses and inventory valuation.
Valuation Analysis
The IPO appears reasonably priced given the high ROE and relatively moderate P/E ratio; however, thorough due diligence and comparison with publicly listed peers in the jewelry sector are crucial to determine its true investment potential.
IPO Details
ExchangeBSE
SegmentMAINBOARD
ISININE1V4601019
NSE SymbolSHRIKANHA
Face Value₹10
Lot Size1600
Issue Size₹46.28 Cr
Key Metrics
ROE47.61%
ROCE19.20%
P/E Ratio16.23
Industry P/E20
EPS5.55
PAT Margin3.97%
Debt/Equity4.19
Growth & Quality
Revenue Growth (YoY)18.7%
ProfitableYes ✓
Anchor Investors3
Subscription
Total2.01x
Imbalance Ratio3.7x
Documents
Registrar
LINK
Key Dates
Open Date3 Dec 2025
Close Date5 Dec 2025
Allotment15 Sept 2025
Listing17 Sept 2025
