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Shringar – House of Mangalsutra files IPO papers with SEBI

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Leading mangalsutra  brand Shringar House of Mangalsutra has filed IPO papers with SEBI to raise   *Rs 250 crore* for working capital & general corporate purposes. The IPO is entirely a fresh issue of *2.43 crore equity shares.

Financial Performance

Fiscal 2024 Revenue: ₹1,101.52 crore (up 16% from ₹950.22 crore in FY23)

* Profit After Tax (PAT) for FY24: ₹31.10 crore (up 33% from ₹23.36 crore in FY23)

H1 FY25 (as of September 30, 2024)

Revenue: ₹687.13 crore

PAT: ₹33.03 crore

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Ministry Of Good Souls Unveils Its New Bridal Collection In Bespoke 925 Sterling Silver

The Handcrafted 925 Sterling Silver Collection Blends Heritage-Inspired Artistry With Bontemporary Bridal Elegance

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Ministry of Good Souls (MOGS), the contemporary silver jewellery brand known for its handcrafted artistry, has launched its latest Bridal Collection, celebrating the timeless elegance of Indian weddings through exquisite 925 sterling silver creations.

Inspired by heritage craftsmanship and reimagined for the modern bride, the collection features statement chokers, regal collar sets, chandbali earrings, and intricately detailed necklaces adorned with polki-style stones, pearls, and vibrant gemstones.

The collection caters to brides seeking heirloom-inspired silver jewellery for weddings, receptions, and festive celebrations. Each piece is meticulously handcrafted to offer brides jewellery that is both distinctive and enduring.

“The new bridal collection reflects our commitment to creating jewellery that celebrates individuality while honouring India’s rich design heritage. Every piece is crafted to make a bride feel confident, elegant, and unforgettable on her special day,” said a spokesperson for Ministry of Good Souls.

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