Shringar House of Mangalsutra Share Price

Shringar House of Mangalsutra Limited was originally incorporated as Shringar House of Mangalsutra Private Limited, in Mumbai, dated January 2, 2009, with the RoC. Thereafter, the status changed into a Public Limited Company and named Shringar House of Mangalsutra Limited dated December 11, 2024 issued by the Central Processing Centre, at Manesar.The Company is 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 semiprecious stones, in 18k, 22k purity of gold, and pioneering 24k HUIDhallmarked gold jeweller to B2B clients. The Company has served 34 corporate clients, 1,089 Wholesalers, and 81 retailers. The Company made its first export sales to UAE in 2014 and sell its products to a diverse range of clients including Corporate Clients, wholesale jewellers, and retailers across the country. In addition to serving their domestic clients, the Company has also expanded the business to international clients in United Kingdom, New Zealand, UAE, USA and Republic of Fiji. The Company became a member of Indian Bullion and Jewellers Association Limited in 2016. Some of its marquee domestic and international Corporate Clients include Malabar Gold Limited, Titan Company Limited, GRT Jewellers India Private Limited, Reliance Retail Limited, Novel Jewels Limited (Aditya Birla Group), Joyalukkas India Limited, P N Gadgil Jewellers Limited, Kalamandir Jewellers Limited, Waman Hari Pethe Jewellers, Goldbox Enterprises Limited (UK), Sona Sansaar Limited (New Zealand), Damas Jewellery LLC (UAE), Lalithaa Jewellery Mart Limited, Manoj Vaibhav Gems N Jewellers Limited, D. P. Abhushan Limited, amongst others.The Company launched the Initial Public Offer by issuing 24,300,000 Equity shares of face value Rs 10 each by raising Rs 400.92 crore through fresh issue on 12 September 2025.The Company launched a 24K Shudh Mangalsutra in FY 2026. The newly established business in Kandivali increased the annual capacity of production to approximately 4,000 kg in FY26.