ReferIndia News Shimmering Success: Shringar House of Mangalsutra's IPO Fully Subscribed

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Shimmering Success: Shringar House of Mangalsutra's IPO Fully Subscribed

Published on: Sept. 10, 2025, 2:15 p.m. | Source: Devdiscourse

Jewellery firm Shringar House of Mangalsutra's IPO was fully subscribed within hours of its launch, attracting 1.13 times the offered shares. The Mumbai-based company aims to raise Rs 401 crore through a fresh issue to support working capital and general corporate purposes, without an Offer For Sale component.

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