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Shringar House of Mangalsutra Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 24300000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

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

Projects

1. Project Name: Funding Working Capital requirements of our Company

Project Cost: 2500

Promoters

Prmoters Name

1. Chetan N Thadeshwar

2. Mamta C Thadeshwar

3. Viraj C Thadeshwar

4. Balraj C Thadeshwar

Prmoters Holdings
  • Pre Share Capital: 72131280
  • Pre Promoter Holding: 99.99
  • Offer to Public: 24300000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Choice Capital Advisors Pvt Ltd

Subscription Details