Shringar House of Mangalsutra IPO Day 2: Our Company was originally incorporated on January 02, 2009 as “Shringar House of Mangalsutra Limited” We are 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 our business-to-business (“B2B”) clients.
- Funding Working Capital requirements of our Company.
- General Corporate purposes.
Shringar House of Mangalsutra IPO Offer Details
Issue Size: Shringar House of Mangalsutra IPO size is a Book Building Issue of ₹400.95 Cr, Consisting of a Fresh issue of ₹400.95 Cr.
Price Band: The Price band of Shringar House of Mangalsutra IPO is fixed at ₹155 to ₹165 per equity share.
Lead Managers of Issue: Choice Capital Advisors Private Limited for Lead Managers of this IPO.
Issue Registrar: MUFG Intime India Private Limited
Listing Date: All shares included in the offer will be listed on NSE and BSE Stock Exchange on Sep 17, 2025.
Also Read : Shringar House IPO Date, Price, GMP, Review, Details
Shringar House of Mangalsutra Subscription Status Day 2 –
| Day to day | (QIBs) Qualified Institutional Buyers | ( NII ) Non-Institutional Investors | (RIIs) Retail Individual Investors | Total Subscription Status |
|---|---|---|---|---|
| Day 1 | 0.01 | 2.70 | 2.84 | 2.01 |
| Day 2 | 0.10 | 10.43 | 7.74 | 6.15 |
| Day 3 | 101.41 | 82.58 | 27.26 | 60.31 |
IPO Funds Utilisation:
The Company will use the proceeds from this IPO for the following purposes and activities:
- Established client base and long-standing relationship with our clients.
- Design innovation and diversified product portfolio.
- Integrated Manufacturing Facility.
- Quality assurance and quality control of Mangalsutras.
- Continuously improving financial performance.
- Experienced Promoters and a professional management team.
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Shringar House of Mangalsutra IPO GMP price Details :
The GMP Price of Shringar House of Mangalsutra IPO on 11 September 2025 was ₹29, if we talk about the estimated listing price then it is ₹194, if we look at the estimated per share percentage of this stock then 17.58% listing gain can be obtained in this IPO.
Source: Investorgain.com Report dated 11 September 2025
Disclaimer: GMP (Grey Market Premium) price is just an unverified market news and does not have any concrete basis yet. The information given above is based on the news published in some media reports, it is for information purposes only. Investors should do their own study/research before taking their decision. We are not involved in the grey market in any way, nor do any trading or recommend doing grey market trading.
Disclaimer: This news is for stock market educational purposes only. The securities/investments mentioned here are not recommendatory.
