Shringar House of Mangalsutra IPO
Listed
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. Operating on a B2B model, the company caters to a diverse customer base of corporate clients, wholesalers, and retailers, including prominent names like Malabar Gold, Titan, GRT Jewellers, and Reliance Retail in the domestic market, and Goldbox Enterprises and Damas Jewellery internationally.
Issue Price
165
Current GMP
₹21 (12.73%)
Overall Subscription
60.31x
Issue Size
₹400.95 Cr
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Live Subscription by Application
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 48,56,000 | 4,165 | 0.00x |
FII | - | 21 | - |
DFI | - | 9 | - |
MF | - | 3,708 | - |
Other | - | 427 | - |
| NII | 2,890 | 97,275 | 33.66x |
bNII | 1,927 | 29,836 | 15.48x |
Corporate | - | 421 | - |
Individual | - | 28,345 | - |
Other | - | 1,070 | - |
sNII | 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 |
Live Subscription by Shares
| Category | Shares Offered | Shares Applied | Subscription |
|---|---|---|---|
| QIB | 48.56 L | 13.34 Cr | 27.47x |
FII | - | 4.31 Cr | - |
DFI | - | 8.13 Cr | - |
MF | - | 46.72 L | - |
Other | - | 42.95 L | - |
| NII | 36.42 L | 27.29 Cr | 74.94x |
bNII | 24.28 L | 18.53 Cr | 76.33x |
Corporate | - | 25.94 L | - |
Individual | - | 17.60 Cr | - |
Other | - | 66.90 L | - |
sNII | 12.14 L | 8.76 Cr | 72.16x |
Corporate | - | 3.11 L | - |
Individual | - | 8.35 Cr | - |
Other | - | 37.50 L | - |
| Retail | 84.98 L | 20.15 Cr | 23.71x |
Cut-off price | - | 15.97 Cr | - |
Fixed price | - | 4.18 Cr | - |
| Employee | 20.00K | 11.35 L | 56.75x |
Cut-off price | - | 9.52 L | - |
Fixed price | - | 1.83 L | - |
| Total | 1.70 Cr | 60.90 Cr | 35.79x |
Subscription Summary
QIB
Shares Applied:27.47x
Applications Offered:0.00x
NII
Shares Applied:74.94x
Applications Offered:33.66x
Retail
Shares Applied:23.71x
Applications Offered:21.27x
Employee
Shares Applied:56.75x
Applications Offered:48.02x
Quick Stats
Total Categories4
IPO TypeMainboard
StatusListed
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Join NowData Last Updated
12 Sept 2025, 09:35 am
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Understanding Subscription Categories
QIB
Qualified Institutional Buyers
Includes FII, DFI, Mutual Funds, and other qualified institutions.
NII
Non-Institutional Investors
High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).
Retail
Retail Individual Investors
Retail investors with applications up to ₹2 lakh per PAN.
Frequently Asked Questions
What is the current subscription status of Shringar House of Mangalsutra IPO?
The current overall subscription for Shringar House of Mangalsutra IPO is 60.31x. This indicates the total demand relative to the shares offered. Higher subscription typically suggests strong investor interest.
How to check Shringar House of Mangalsutra IPO subscription status?
You can check Shringar House of Mangalsutra IPO subscription status on IPOwiz, BSE website, NSE website, or your broker's platform. Subscription data is updated regularly during the IPO period from 10 September 2025 to 12 September 2025.
What do subscription numbers mean?
Subscription numbers show how many times the IPO is oversubscribed. For example, 60.31x means the IPO received 60.31x times more applications than shares available. Higher subscription in retail category generally means lower allotment chances.
When does Shringar House of Mangalsutra IPO subscription close?
The subscription for Shringar House of Mangalsutra IPO closes on 12 September 2025. Applications must be submitted before the closing time on this date. Late applications will not be accepted.
What is the difference between QIB, NII, and Retail subscription?
QIB (Qualified Institutional Buyers) includes mutual funds, FIIs, and other institutions. NII (Non-Institutional Investors) includes high net-worth individuals investing above ₹2 lakh. Retail includes individual investors with applications up to ₹2 lakh. Each category has separate subscription quotas.
How does subscription affect allotment chances?
Higher subscription in your category means lower allotment chances. For example, if retail subscription is 60.31x, it means there are 60.31x times more applications than shares available, making allotment competitive.
When will Shringar House of Mangalsutra IPO allotment be finalized?
The allotment for Shringar House of Mangalsutra IPO will be finalized and announced on 15 September 2025. You can check your allotment status on the registrar's website, BSE, NSE, or your demat account after this date.
What happens after subscription closes?
After subscription closes on 12 September 2025, the company and registrar process all applications. Allotment is finalized by 15 September 2025, and shares are credited to successful applicants' demat accounts before the listing date on 17 September 2025.
Can I apply after subscription closes?
No, you cannot apply after the subscription closes on 12 September 2025. All IPO applications must be submitted during the subscription period from 10 September 2025 to 12 September 2025. Late applications are automatically rejected.
What is the issue size and lot size for Shringar House of Mangalsutra IPO?
The issue size for Shringar House of Mangalsutra IPO is ₹400.95 Cr, and the lot size is 90 shares. The price range is ₹155.00-165.00. You must apply in multiples of the lot size.