Shringar House Of Mangalsutra ipo, GMP, date

Shringar House Of Mangalsutra LimitedShringar House Of Mangalsutra Limited

Shringar House Of Mangalsutra Files DRHP With SEBI

Size : 2,43,00,000 Shares
(Full Fresh)

FV : 10
Retail : 35%
Employee Quota : Yes

FY23
Revenue : 950 Cr
PAT : 23.4 Cr

FY24
Revenue : 1102.7 Cr
PAT : 31.1 Cr

H1 FY25
Revenue : 687.2 Cr
PAT : 33 Cr

LM : Choice Capital Advisors

Clientele : Titan Company, Malabar Gold, GRT Jewellers, Reliance Retail, PN Gadgil, Kalamandir, Waman Hari Pethe, Aditya Birla Group, Manoj Vaibhav Gems, D P Abhushan, Lalithaa Jewellery, Joyalukkas, Etc.

https://www.shringar.ms/

Address :

SHRINGAR HOUSE OF MANGALSUTRA LTD

B1, Jewel World, Cotton Exchange Bldg,

175 Kalbadevi Road, Mumbai 400002.

INDIA

Email : info@shringar.ms

Phone : +91-22-43111222

About Shringar

Shringar – House of Mangalsutra, a pioneering force and a dedicated manufacturer of mangalsutras has been a preferred partner for jewellery retailers across India and worldwide for nearly six decades.

We take pride in our association with our jewellery retail partners as we firmly believe that their commitment to exquisite craftsmanship, innovative designs, uncompromising quality and vision of transforming the customer experience mirrors our own dedication to excellence in the world of fine jewelry.

Founded in 1963 in Mumbai, Shringar – House of Mangalsutra has evolved into a prominent player in the Indian jewellery industry. The company revolutionized mangalsutra manufacturing processes in the 1980s, establishing a state-of-the-art unit to meet B2B market demands, and this era marked a pivotal point, earning Shringar the title ‘The House of Mangalsutras’.

Products

Shringar House of Mangalsutra enjoys much influence in the industry owing to its remarkable collections of thousands of new and distinct designs that cater to the demands of a very varied clientele. Having firmly established ourselves as a leading manufacturer of mangalsutra in INDIA.

Shringar House are the biggest mangalsutra exporter with a network in more than 18 countries and having a turnover of INR 1000 crore plus.

More IPO details click here: https://newsnivesh.com/category/ipo/

 

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