Beezaasan Explotech Ltd — Important, 05-09-2025: Company Update

Shringar House of Mangalsutra Limited has announced its Initial Public Offer (IPO), with a price band set at ₹155 to ₹165 per equity share. The IPO will open for subscription on September 10, 2025, and close on September 12, 2025. Investors can bid for a minimum of 90 equity shares. This entirely fresh issue comprises up to 2.43 crore equity shares. Established in 2009, the company designs and markets 18K and 22K gold mangalsutras, holding an estimated 6% share of India's organized mangalsutra market. It primarily serves B2B clients across India and internationally.