Regulatory12 Aug 2026, 06:14 pm
Shringar House of Mangalsutra: IPO Proceeds Utilization Report for Q2 2026
AI Summary
Shringar House of Mangalsutra Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by CRISIL RATINGS LIMITED, indicates no deviation from the IPO's stated objects. The Audit Committee reviewed the statement on August 12, 2026. The company's IPO, which occurred from September 9-12, 2025, raised Rs 4,009.20 million in gross proceeds, with net proceeds of Rs 3,613.57 million after accounting for issue expenses. This filing is also available on the company's website.
Key Highlights
- IPO proceeds utilization report for Q2 2026 submitted.
- CRISIL confirms no deviation from IPO objects.
- Gross IPO proceeds were Rs 4,009.20 million.
- Net proceeds after expenses were Rs 3,613.57 million.
- Report reviewed by the Audit Committee.
Price Impact
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