Shringar House of Mangalsutra Ltd. share price target

IPO NOTE

Company is amongst the leading and specialised designers and manufacturers of Mangalsutra in India. Company is engaged in 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 its business-to-business (B2B) clients. Mangalsutra is a traditional necklace, crafted from gold and black beads worn by...

Shringar House of Mangalsutra Ltd. is engaged in designing, manufacturing and marketing a varied range of Mangalsutra in India. The company offers an extensive range of Mangalsutra featuring over 15 collections and more than 10,000 active SKUs, catering to a diverse demographics. Shringar's clientele includes corporate clients, wholesale jewellers, and retailers across 24 states and 4 union territories. Additionally, the company has international presence in the UK, New Zealand, UAE, the USA and Republic of Fiji. Company's marquee corporate clientele includes Malabar Gold, Titan, Reliance Retail, Novel Jewel,...