News Details

( As on 17/09/2025 09:40)

Shringar House of Mangalsutra Ltd. debuts with 13.75% premium at Rs 187.70

Shringar House of Mangalsutra Ltd. makes a strong debut on the bourses with scrip got listed at Rs 187.70 on the Bombay Stock Exchange, a 13.75 per cent premium to its issue price of Rs 165.00. On the National Stock Exchange, the stock was listed at Rs 188.50.

The company, which raised 2.43 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 243.00 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Sep 10 to Sep 12.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Choice Capital Advisors Pvt. Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 82,380.69, up 594.95 points, or 0.72 per cent.