Shringar House of Mangalsutra Limited IPO
Shringar House of Mangalsutra Limited was a mainboard IPO in the Gems Jewellery And Watches sector, offered at ₹155–₹165 per share to raise ₹401 crore. The issue was subscribed 60.29× overall (QIBs 101.41×, NIIs 82.58×, retail 27.22×). It listed on 17 Sep 2025 at ₹188 and closed its first day at ₹185, a listing gain of +12.1% versus the ₹165 issue price. It now trades around ₹274 (+65.8% versus the issue price).
Frequently asked questions
- How many times was the Shringar House of Mangalsutra Limited IPO subscribed?
- The Shringar House of Mangalsutra Limited IPO was subscribed 60.29× overall — 101.41× in the QIB category, 82.58× among non-institutional investors, 27.22× in retail.
- What were the Shringar House of Mangalsutra Limited IPO listing gains?
- Shringar House of Mangalsutra Limited listed on 17 Sep 2025 at ₹188, closing its first day at ₹185 — a listing gain of +12.1% versus the ₹165 issue price.
- What were the retail allotment odds for the Shringar House of Mangalsutra Limited IPO?
- Retail was subscribed 27.22×, so a single-lot application had roughly a 3.7% chance of allotment (about 1 in 27), and allotment was finalised on 15 Sep 2025.
- What was the price band and lot size of the Shringar House of Mangalsutra Limited IPO?
- The price band was ₹155–₹165 per share, with a minimum lot of 90 shares (₹14,850 at the upper band).
- Who were the registrar and lead manager for the Shringar House of Mangalsutra Limited IPO?
- MUFG Intime India Private Limited was the registrar, and Choice Capital Advisors was the book-running lead manager.