Archive · 17 Sep 2025

Shringar House of Mangalsutra IPO Debuts Positively

Shringar House of Mangalsutra IPO Debuts Positively

Shringar House of Mangalsutra, a company making Mangalsutras, launched an IPO.

The shares began trading on the stock market on September 17, 2025.

On the NSE, shares opened at ₹188.50, a 14.24% premium over the ₹165 issue price.

The IPO was well-received, with subscriptions 60.31 times over the shares offered.

Shringar House of Mangalsutra is a major player in the Indian market.

The company will use ₹280 crore from the IPO to support operations.

Sources