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Shringar House of Mangalsutra inaugurates new manufacturing facility in Kandivali

24 Feb 2026 Evaluate

Shringar House of Mangalsutra has inaugurated its new manufacturing facility in Kandivali, relocating operations from its previous unit in Lower Parel. This strategic move aims to enhance operational efficiency, upgrade technological and infrastructural capabilities, and significantly boost production capacity.

The new facility at Kandivali covers 16,260 sq. ft. (earlier 8,300 sq. ft) and is expected to enhance production capacity to 4,000 kg (earlier 2,500 kg) per annum. Commercial production from the current capacity has resume from February 23, 2026, while the incremental capacity addition is expected to be completed within the next three months. The total investment for the relocation and expansion is around Rs 15 crore, financed through internal accruals, with the objective of increasing capacity, installing advanced machinery, improving efficiency, and meeting growing demand.

Shringar House of Mangalsutra 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 its business-to-business (B2B) clients.

Shringar House Share Price

225.60 8.75 (4.04%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4513.40
Kalyan Jewell.India 424.65
Rajesh Exports 121.80
Senco Gold 365.45
Thangamayil Jeweller 4247.70
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