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Subscription Status · Sep 10 – Sep 12, 2025 · ₹155–165
The Shringar House of Mangalsutra IPO subscription has recorded exceptional investor demand with an overall subscription of 60.29× as of Sep 17, 2025, indicating that investors applied for 60.29 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Sep 17, 2025, 4:21 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
4,856,000 | 492,445,710 |
101.41×
|
|
NII
Non-Institutional Investors
|
3,642,000 | 300,773,430 |
82.58×
|
|
bNII
Bids above ₹10L
|
2,428,000 | 203,832,990 |
83.95×
|
|
sNII
Bids below ₹10L
|
1,214,000 | 96,940,440 |
79.85×
|
|
Retail
Retail Individual Investors
|
8,498,000 | 231,298,470 |
27.22×
|
|
Employees
Employee Category
|
20,000 | 1,398,060 |
69.90×
|
|
Total
|
17,016,000 | 1,025,915,670 |
60.29×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 4,856,000 | 492,445,710 | 101.41× |
| NII | 3,642,000 | 300,773,430 | 82.58× |
| bNII | 2,428,000 | 203,832,990 | 83.95× |
| sNII | 1,214,000 | 96,940,440 | 79.85× |
| Retail | 8,498,000 | 231,298,470 | 27.22× |
| Employees | 20,000 | 1,398,060 | 69.90× |
| Total | 17,016,000 | 1,025,915,670 | 60.29× |
As of September 17, 2025, the Shringar House of Mangalsutra IPO has been subscribed 60.29 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Shringar House of Mangalsutra IPO subscription window was open from September 10, 2025 to September 12, 2025. Investors could apply through their demat account or ASBA facility.
The Shringar House of Mangalsutra IPO has a price band of ₹155 to ₹165 per share, with a lot size of 90 shares. Minimum retail investment: ₹13,950 (lower band) or ₹14,850 (upper band).
The QIB category has been subscribed 101.41 times. QIBs were offered 4,856,000 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 27.22 times. Retail was offered 8,498,000 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 82.58×. bNII (>₹10L): 83.95×, sNII (<₹10L): 79.85×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on September 15, 2025. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Shringar House of Mangalsutra IPO is expected to list on September 17, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 60.29× means investors have bid for 60.29 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 27.22×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Shringar House of Mangalsutra IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Sep 10 to Sep 12, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Shringar House of Mangalsutra IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Sep 10, 2025Subscription Closes Done
Sep 12, 2025Basis of Allotment Done
Sep 15, 2025Listing on NSE,BSE Done
Sep 17, 2025Lottery-based allotment. Based on retail subscription of 27.22×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
