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About Shringar House of Mangalsutra Ltd
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Shringar House of Mangalsutra Limited was originally incorporated as `Shringar House of Mangalsutra Private Limited`, at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated January 02, 2009, issued by the RoC. Thereafter, the status of the Company was converted into a public limited company and the name was changed to `Shringar House of Mangalsutra Limited` dated December 11, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar, Haryana. 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 semi-precious stones, in 18k and 22k purity of gold, to B2B clients. Preferences for Mangalsutra designs vary significantly across different age groups, reflecting the evolving interests, lifestyles, and values of Indian women. Every demographic has different needs and perspectives, from senior women who value traditional motifs to young brides who choose modern patterns. 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 Cr through fresh issue in September 2025. The Company is in process of launching 24 Karat `Shudh Mangalsutra` in FY 2026.
Shringar House of Mangalsutra share price as on 05 Dec 2025 is Rs. 218.4. Over the past 6 months, the Shringar House of Mangalsutra share price has increased by 0% and in the last one year, it has increased by 18.13%. The 52-week low for Shringar House of Mangalsutra share price was Rs. 177.51 and 52-week high was Rs. 237.4.
544512
SHRINGARMS
INE1B3L01017
Shringar House of Mangalsutra Ltd FAQs
You can buy Shringar House of Mangalsutra Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Shringar House of Mangalsutra Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 10:39 AM the closing price of Shringar House of Mangalsutra Ltd was Rs.218.40.
The latest PE ratio of Shringar House of Mangalsutra Ltd as of Dec 05, 2025 10:39 AM is 26.89
The latest PB ratio of Shringar House of Mangalsutra Ltd as of Dec 05, 2025 10:39 AM is 3.49
The 52-week high of Shringar House of Mangalsutra Ltd share price is Rs. 237.40 while the 52-week low is Rs. 177.51
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 10:39 AM, the market cap of Shringar House of Mangalsutra Ltd stood at Rs. 2,106.07 Cr.
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