Shringar House of Mangalsutra IPO vs Vidya Wires IPO

Comparison between Shringar House of Mangalsutra IPO and Vidya Wires IPO.

IPO Details

Shringar House of Mangalsutra IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vidya Wires IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Shringar House of Mangalsutra IPO is up to ₹400.95 Cr whereas the issue size of the Vidya Wires IPO is up to ₹300.01 Cr. The final issue price of Shringar House of Mangalsutra IPO is ₹165.00 per share and of Vidya Wires IPO is ₹52.00 per share.

 Shringar House of Mangalsutra IPOVidya Wires IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹155.00 per share₹48.00 per share
Issue Price (Upper)₹165.00 per share₹52.00 per share
Issue Price (Final)₹165.00 per share₹52.00 per share
Discount (Retail)
Discount (Employee)₹15.00 per share
Market Lot Size90 shares288 shares
Fresh Issue Size2,43,00,000 shares5,26,92,307 shares
Fresh Issue Size (Amount)up to ₹400.95 Crup to ₹274.00 Cr
OFS Issue Size0 shares50,01,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹26.01 Cr
Issue Size Total2,43,00,000 shares5,76,93,307 shares
Issue Size Total (Amount)up to ₹400.95 Crup to ₹300.01 Cr

IPO Timetable

Shringar House of Mangalsutra IPO opens on Sep 10, 2025, while Vidya Wires IPO opens on Dec 03, 2025. The closing date of Shringar House of Mangalsutra IPO and Vidya Wires IPO is Sep 12, 2025, and Dec 05, 2025, respectively.

 Shringar House of Mangalsutra IPOVidya Wires IPO
Anchor Bid DateSep 09, 2025Dec 02, 2025
Issue OpenSep 10, 2025Dec 03, 2025
Issue CloseSep 12, 2025Dec 05, 2025
Basis Of Allotment (Tentative)Sep 15, 2025Dec 08, 2025
Initiation of Refunds (Tentative)Sep 16, 2025Dec 09, 2025
Credit of Share (Tentative)Sep 16, 2025Dec 09, 2025
Listing date (Tentative)Sep 17, 2025Dec 10, 2025
Anchor Lockin End date 1Oct 15, 2025Jan 06, 2026
Anchor Lockin End date 2Dec 13, 2025Mar 07, 2026

Financials & KPIs

Shringar House of Mangalsutra IPO P/E ratio is 19.47, as compared to Vidya Wires IPO P/E ratio of 20.36.

 Shringar House of Mangalsutra IPOVidya Wires IPO
Financials

Company Financials (Restated)

Shringar House of Mangalsutra Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 96% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets375.75265.00211.55
Total Income1,430.121,102.71951.29
Profit After Tax61.1131.1123.36
EBITDA92.6150.7638.89
NET Worth200.85136.85105.72
Reserves and Surplus123.72125.7294.62
Total Borrowing123.11110.0993.19
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Vidya Wires Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets376.93331.33247.84209.08
Total Income413.091,491.451,188.491,015.72
Profit After Tax12.0640.8725.6821.53
EBITDA18.6764.2245.5235.84
NET Worth178.37166.36125.54100.11
Reserves and Surplus162.37150.36121.5495.86
Total Borrowing162.75145.63109.7197.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9999.91
Promoter Shareholding (Post-Issue)74.872.8
P/E Ratio19.4720.36
Market Cap₹1591.13 Cr.₹1106.00 Cr.
ROE24.57%
ROCE32.43%19.72%
Debt/Equity0.610.88
EPS₹8.47₹2.55
RoNW36.20%24.57%

Shares Offered

In the Shringar House of Mangalsutra IPO Retail Individual Investors (RII) are offered 84,98,000 shares while in Vidya Wires IPO retail investors are offered 84,98,000 shares. Qualified Institutional Buyers (QIB) are offered 48,56,000 shares in Shringar House of Mangalsutra IPO and 1,15,38,661 shares in Vidya Wires IPO.

 Shringar House of Mangalsutra IPOVidya Wires IPO
Anchor Investor Reservation72,84,000 shares1,73,07,991 shares
Market Maker Reservation0 shares0 shares
QIB48,56,000 shares1,15,38,661 shares
NII36,42,000 shares86,53,997 shares
RII84,98,000 shares2,01,92,658 shares
Employee20,000 shares0 shares
Others
Total2,43,00,000 shares5,76,93,307 shares

Bids Received (Subscription)

Shringar House of Mangalsutra IPO subscribed 60.31x in total, whereas Vidya Wires IPO subscribed 28.53x.

 Shringar House of Mangalsutra IPOVidya Wires IPO
QIB (times)101.41x5.45x
NII (times)82.58x55.94x
Big NII (times)83.95x51.16x
Small NII (times)79.83x65.50x
RII (times)27.26x29.98x
Employee (times)69.81x
Other (times)
Total (times)60.31x28.53x

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Shringar House of Mangalsutra IPO Vs Vidya Wires IPO