Shringar House of Mangalsutra IPO GMP - Live Grey Market Premium
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Shringar House of Mangalsutra Ltd., established in 2009, is a specialist in designing and manufacturing Mangalsutras. The company offers a wide range of 18k and 22k gold Mangalsutras, often adorned with American diamonds, cubic zirconia, pearls, and semi-precious stones. Operating on a B2B model, the company caters to a diverse customer base of corporate clients, wholesalers, and retailers, including prominent names like Malabar Gold, Titan, GRT Jewellers, and Reliance Retail in the domestic market, and Goldbox Enterprises and Damas Jewellery internationally.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
12 Sept 2025Live | 165 | 31 | 196 | +18.79 |
11 Sept 2025 | 165 | 31 | 196 | +18.79 |
10 Sept 2025 | 165 | 29 | 194 | +17.58 |
9 Sept 2025 | 165 | 30 | 195 | +18.18 |
8 Sept 2025 | 165 | 25 | 190 | +15.15 |
7 Sept 2025 | 165 | 24 | 189 | +14.55 |
6 Sept 2025 | 165 | 24 | 189 | +14.55 |
5 Sept 2025 | 165 | 20 | 185 | +12.12 |
4 Sept 2025 | 165 | 25 | 190 | +15.15 |
3 Sept 2025 | 165 | 0 | 165 | 0.00 |
2 Sept 2025 | 165 | 0 | 165 | 0.00 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.