Shringar House of Mangalsutra IPO Subscription Status
Shringar House of Mangalsutra IPO closed on 12 September 2025 with an overall subscription of 60.31x based on shares applied. QIB demand came in at 27.47x, NII at 74.94x, and retail at 23.71x.
Allotment will be finalised on 15 September 2025. The stock is scheduled to list on NSE and BSE on 17 September 2025.
Issue Price
Rs 165.00
GMP Today
Rs 21.00 (+12.73%)
Overall Subscription
60.31x
Issue Size
₹400.95 Cr
Allotment Date
15 Sept 2025
Listing Date
17 Sept 2025
Shringar House of Mangalsutra IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 165.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 80.12 Cr | Rs 2,200.70 Cr | 27.47x |
| FII | - | Rs 711.90 Cr | - |
| DFI | - | Rs 1,340.85 Cr | - |
| Mutual Funds | - | Rs 77.08 Cr | - |
| Other | - | Rs 70.87 Cr | - |
| NII | Rs 60.09 Cr | Rs 4,503.36 Cr | 74.94x |
| bNII (above Rs 10L) | Rs 40.06 Cr | Rs 3,057.92 Cr | 76.33x |
| Corporate | - | Rs 42.80 Cr | - |
| Individual | - | Rs 2,904.74 Cr | - |
| Other | - | Rs 110.38 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 20.03 Cr | Rs 1,445.44 Cr | 72.16x |
| Corporate | - | Rs 5.14 Cr | - |
| Individual | - | Rs 1,378.42 Cr | - |
| Other | - | Rs 61.88 Cr | - |
| Retail | Rs 140.22 Cr | Rs 3,324.95 Cr | 23.71x |
| Cut-off price | - | Rs 2,635.13 Cr | - |
| Fixed price | - | Rs 689.83 Cr | - |
| Employee | Rs 33.00 L | Rs 18.73 Cr | 56.75x |
| Cut-off price | - | Rs 15.71 Cr | - |
| Fixed price | - | Rs 3.01 Cr | - |
| Total | Rs 280.76 Cr | Rs 10,047.74 Cr | 35.79x |
Shringar House of Mangalsutra IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 48,56,000 | 4,165 | 0.00x |
| FII | - | 21 | - |
| DFI | - | 9 | - |
| Mutual Funds | - | 3,708 | - |
| Other | - | 427 | - |
| NII | 2,890 | 97,275 | 33.66x |
| bNII (above Rs 10L) | 1,927 | 29,836 | 15.48x |
| Corporate | - | 421 | - |
| Individual | - | 28,345 | - |
| Other | - | 1,070 | - |
| sNII (Rs 2L to Rs 10L) | 963 | 67,439 | 70.03x |
| Corporate | - | 227 | - |
| Individual | - | 64,270 | - |
| Other | - | 2,942 | - |
| Retail | 94,422 | 20,07,908 | 21.27x |
| Cut-off price | - | 15,79,049 | - |
| Fixed price | - | 4,28,859 | - |
| Employee | 222 | 10,661 | 48.02x |
| Cut-off price | - | 9,190 | - |
| Fixed price | - | 1,471 | - |
| Total | 49,53,534 | 21,20,009 | 0.43x |
What Do These Subscription Numbers Mean?
A subscription of 60.31x by shares means the IPO received bids for 60 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 27.47x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 27.47x, it reflects serious institutional conviction.
NII at 33.66x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 15.48x and sNII at 70.03x by applications. Share subscription was 74.94x. Allotment uses application count, not share volume.
At 21.27x subscription by applications, approximately 1 in 21 retail applicants can expect an allotment (~5% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 23.71x. Allotment uses application count, not share volume.
At 48.02x subscription by applications, approximately 1 in 48 employee applicants can expect an allotment (~2% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
Shringar House of Mangalsutra IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 21.27x.
- •Allotment odds: about 1 in 21 (~5% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 23.71x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 70.03x.
- •Allotment odds: about 1 in 70 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 72.16x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 15.48x.
- •Allotment odds: about 1 in 15 for a minimum-lot application (~6% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 76.33x. Allotment uses application count, not share volume.
Check the Shringar House of Mangalsutra IPO Allotment Status page from 15 September 2025 for your allotment result.
Shringar House of Mangalsutra IPO GMP After Subscription
GMP for Shringar House of Mangalsutra IPO stands at Rs 21.00 today, giving an estimated listing price of Rs 186.00 per share.
A subscription of 60.31x combined with a GMP of 12.73% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Shringar House of Mangalsutra IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Shringar House of Mangalsutra IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Sept 2025 | 0.01x | 2.70x | 2.84x | 2.01x |
| Day 2 - 11 Sept 2025 | 0.86x | 14.81x | 9.65x | 8.26x |
| Day 3 - 12 Sept 2025 | 101.41x | 82.58x | 27.26x | 60.31x |
Shringar House of Mangalsutra IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 September 2025 |
| IPO Close Date | 12 September 2025 |
| Allotment Date | 15 September 2025 |
| Refund Initiation | 16 September 2025 |
| Share Credit to Demat | 16 September 2025 |
| Listing Date | 17 September 2025 |
| Minimum Investment | Rs 14,850.00 |
| Lot Size | 90 shares |
About Shringar House of Mangalsutra IPO
Shringar House of Mangalsutra Ltd. , established in 2009, is a specialist in designing and manufacturing Mangalsutras. The company offers a wide range of 18k and 22k gold Mangalsutras, often adorned with American diamonds, cubic zirconia, pearls, and semi-precious stones.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Shringar House of Mangalsutra IPO GMP Today
Live GMP, listing price estimate, and listing gain
Shringar House of Mangalsutra IPO Allotment Status
Check allotment result on allotment date
Shringar House of Mangalsutra IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Shringar House of Mangalsutra IPO Subscription FAQs
What is Shringar House of Mangalsutra IPO IPO subscription status today?
Shringar House of Mangalsutra IPO IPO subscription closed on 12 September 2025 with overall subscription of 60.31x (by shares) as of 27 June 2026, 3:01 AM IST. QIB 27.47x, NII 33.66x, Retail 21.27x.
What is the overall subscription of Shringar House of Mangalsutra IPO IPO?
Shringar House of Mangalsutra IPO IPO is subscribed 60.31x overall by shares at close on 12 September 2025. QIB 27.47x, NII 33.66x, and Retail 21.27x.
What is Shringar House of Mangalsutra IPO IPO QIB subscription?
Shringar House of Mangalsutra IPO IPO QIB (Qualified Institutional Buyers) subscription is 27.47x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Shringar House of Mangalsutra IPO IPO Retail subscription?
Shringar House of Mangalsutra IPO IPO Retail subscription is 21.27x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Shringar House of Mangalsutra IPO IPO NII subscription?
Shringar House of Mangalsutra IPO IPO NII (Non-Institutional Investors) subscription is 33.66x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Shringar House of Mangalsutra IPO IPO for retail?
At 21.27x subscription by applications, approximately 1 in 21 retail applicants can expect an allotment (~5% per application). Allotment is done by lottery. Share subscription was 23.71x. Allotment uses application count, not share volume.
When is Shringar House of Mangalsutra IPO IPO allotment date?
Shringar House of Mangalsutra IPO IPO allotment date is 15 September 2025. Check Shringar House of Mangalsutra IPO Allotment Status on IPOwiz from that day using your PAN.
When does Shringar House of Mangalsutra IPO IPO subscription close?
Shringar House of Mangalsutra IPO IPO subscription closed on 12 September 2025. No new applications are accepted after the close.
What is Shringar House of Mangalsutra IPO IPO GMP today?
Shringar House of Mangalsutra IPO IPO GMP is ₹21 today (+12.73% over issue price ₹165). See live GMP on the Shringar House of Mangalsutra IPO GMP Today page.
What is Shringar House of Mangalsutra IPO IPO issue price and lot size?
Shringar House of Mangalsutra IPO IPO issue price is ₹165 per share. Lot size is 90 shares. Minimum investment is ₹14,850 per lot. Issue size: ₹400.95 Cr.
When is Shringar House of Mangalsutra IPO IPO listing date?
Shringar House of Mangalsutra IPO IPO listing date is 17 September 2025 on NSE and BSE. Allotment is on 15 September 2025.
How does subscription affect Shringar House of Mangalsutra IPO IPO allotment?
Allotment odds in Shringar House of Mangalsutra IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 33.66x by applications means roughly 1 in 34 for minimum-lot bids; bNII at 15.48x (~1 in 15). At 60.31x overall, competition is very high.
For allotment results from 15 September 2025, visit the Shringar House of Mangalsutra IPO Allotment Status page. For listing day updates on 17 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.