Mumbai, Sept. 12 -- The initial public offer of Shringar House of Mangalsutra received bids for 1,02,59,15,670 shares as against 1,70,16,000 shares on offer, according to stock exchange data at 17:30 IST on Friday (12 September 2025). The issue was subscribed 63.97 times.

The issue opened for bidding on 10 September 2025 and it will close on 12 September 2025. The price band of the IPO is fixed between Rs 155 and 165 per share. An investor can bid for a minimum of 90 equity shares and in multiples thereof.

The IPO comprises a complete fresh issue of equity shares, aggregating up to Rs 400.95 crore. The objectives for the fresh issue include Rs 280 crore for funding working capital requirements and the remaining amount for general corpor...