Shringar House of Mangalsutra Limited has launched an Initial Public Offering comprising a fresh issue of 2,43,00,000 equity shares aggregating to ₹400.92 crore.

Desai & Diwanji advised Shringar on this IPO.

The transaction team was led by Sanjay Israni (Partner), with support from Associates Nishi Jain and Siddhi Mehta.

Vidhigya Associates advised Choice Capital Advisors Private Limited, the book running lead manager to the IPO.

The transaction team comprised Rahul Pandey (Partner), Himanshu Pandey (Partner), Darshi Shah (Associate) and Yash Kothari (Associate).

Shringar House of Mangalsutra is engaged in the business of 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 B2B clients.

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