Regulatory6 May 2026, 07:11 pm
Shringar House of Mangalsutra: IPO Proceeds Report, Mar 2026
AI Summary
Shringar House of Mangalsutra Ltd. has released a Monitoring Agency Report by CRISIL Ratings for the quarter ended March 31, 2026, regarding the utilization of IPO proceeds. The report, in compliance with SEBI regulations, confirms no deviations from the IPO's stated objectives. The Audit Committee reviewed the report on May 6, 2026. The IPO, which occurred between September 9-12, 2025, had an issue size of ₹4,009.20 million, with net proceeds of ₹3,613.57 million after deducting issue expenses of ₹395.63 million.
Key Highlights
- CRISIL Ratings issued a Monitoring Agency Report for IPO proceeds utilization.
- No deviations reported from the IPO's objectives for the quarter ended March 31, 2026.
- IPO issue size was ₹4,009.20 million with net proceeds of ₹3,613.57 million.
- Audit Committee reviewed the report on May 6, 2026.
- The IPO occurred between September 9-12, 2025.
Price Impact
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