16 Sep 2025 | 5 Mins Read
Mangalsutra maker Shringar's IPO to list on Dalal Street
Flipitmoney
Shringar House of Mangalsutra is set to make its stock market debut on September 17 with a 60 times subscribed IPO. Analysts expect shares to list with a 20% premium over the upper price band of Rs 198. The company raised Rs 401 crore and sells mangalsutras to top jewellery brands, with plans to utilise Rs 280 crore for working capital requirements.