Shringar House of Mangalsutra IPO Day 2: GMP at 16%; Should You Apply?, Check key details

Shringar House of Mangalsutra IPO enters Day 2 with a strong grey market premium of 16%, reflecting robust investor demand. Retail and non-institutional investors drove a 2.01x subscription on Day 1. The Rs 401 crore issue closes September 12, listing expected September 17.