New Delhi, Sept. 9 -- Shringar House of Mangalsutra IPO: The initial public offering (IPO) of Shringar House of Mangalsutra is set to hit the primary market on Wednesday, September 10, along with two other companies, leaving investors spoilt for choice.

Ahead of the issue launch, the company is enjoying a strong grey market premium (GMP). According to market sources, Shringar House of Mangalsutra IPO GMP is Rs.25 today.

Considering the upper end of the price band and the prevailing GMP, Shringar House of Mangalsutra shares are trading at Rs.190 in the grey market, a premium of 15.15%. Grey market premium signals investor willingness to pay over and above the issue price.

Here are key things to know about Shringar House of Mangalsutra I...